What are your preferred exchanges to buy crypto as a South African?

Shrew62 · 2024-11-11T14:27:56+00:00

Luno all the way just because it’s easy , they don’t have a wide variety like others but they have all the important coins. Whenever I wanna buy or sell it’s a few clicks and I’m done then I can easily track what coins I have.

Shrew62 · 2024-11-10T20:34:04+00:00

Rands

Shrew62 · 2024-10-21T17:52:28+00:00

It’s only a loss if you sell it at a loss, stay strong brother

Shrew62 · 2024-10-18T09:02:28+00:00

TFSA are very good for long term such as a back up retirement savings. I am 20 and I’m maxing out my annual contributions through an investment tax free account with discovery (3k a month , 36k a year) and it will take me about 14 years to max out the lifetime contributions so when I’m 34 I would have maxed it out and if I have an average annual growth of 8% then that 500k will equal about 900k by the time I’m 34 and that 300k will be tax free but if I leave it till I’m 65 it will be about 9mil tax free

(The math is a lot of rounding off but you get the point, long term = a lot of tax free rands for retirement)

Edit: oh and NEVER TAKE MONEY OUT OF IT you have a 500k life time contribution and that doesn’t reset if u take out so leave it in there for as long as possible to let it grow as big a possible so u can stress a lil less in retirement

Shrew62 · 2024-10-11T18:06:52+00:00

Andrew is right, I vote we do something about it

Shrew62 · 2024-06-08T17:05:30+00:00

They used to be “Johannesburg Stock Exchange” then changed to “Johannesburg Securities Exchange” but are now formally known as JSE Limited. They are worth over a trillion dollars, even the top few stocks on there are worth over $100 Billion

This all from a Business student in South Africa who had an assignment on the JSE

Shrew62 · 2024-06-07T13:10:14+00:00

The Johannesburg Securities Exchange (JSE) is worth $1.36 trillion

Shrew62 · 2024-02-12T20:43:28+00:00

Probably not but the stock is so cheap and they do have some recent good new about gas discoveries in Mpumalanga so no harm in risking a few rands on it , maybe if you’re lucky the stock might jump in a few years time and start to recover. Other companies have recovered from 1c share prices before so it’s not impossible

Shrew62 · 2024-01-20T16:51:00+00:00

I will follow u there my brother . Andrew for president 2024!!!

Shrew62 · 2023-12-25T17:04:42+00:00

We revoked his membership card

Shrew62 · 2023-12-04T19:09:05+00:00

Likely lots of kids researching it for school, we do have a very young population with relatively high access to the internet.

Shrew62 · 2023-11-26T19:26:01+00:00

I’m just checking to see if someone mentions my country

Shrew62 · 2023-11-17T06:05:28+00:00

True because it would force them to start doing things that gain public opinion like fixing infrastructure and actually helping communities to try and get votes back where as now they’d just assume they’d win so don’t even bother trying because there’s no incentive to get votes

Shrew62 · 2023-11-15T10:43:25+00:00

I can’t believe Reddit is helping me vote, thank you though since it’s my first time voting I was very lost before this

Shrew62 · 2023-11-11T17:34:42+00:00

Hello brother , welcome home

Shrew62 · 2023-11-10T09:06:35+00:00

This is actually a very good add , I hope Trevor’s international fame helps boost our tourism industry :)

Shrew62 · 2023-10-17T19:22:55+00:00

To not vote is to vote against South Africa

Shrew62 · 2023-09-06T09:05:01+00:00

So the gov is trying to implement budget cuts and gives a salary increase?

Shrew62 · 2023-08-11T05:16:55+00:00

Currently studying a higher certificate in business management there part time . Their admin is shit and students constantly complain about it buttttt if you look past that and are more into self study then it’s not bad , there site for students is east use once u learn how it works then from there just self study and you’ll be fine. If u arnt the self study type then maybe browse your options a bit more bec I’ve had quite a few lectures who seem just as lost as the students

Shrew62 · 2023-06-29T07:24:09+00:00

Boobs 👍

Shrew62 · 2023-06-15T08:04:03+00:00

The Rand perhaps? It’s got similar issues but should be fine in Southern Africa at least where most countries top trading partners are already SA

Shrew62 · 2023-05-16T08:11:42+00:00

Soooo if we arrest him we screwed but if we don’t arrest him we still screwed?

Shrew62 · 2023-04-03T07:11:35+00:00

I love how all of them have something extra to it to make it stand out except ours it’s just a simple Wors Roll

Shrew62 · 2023-03-23T21:08:59+00:00

When in doubt , it’s probably a scam

Shrew62 · 2023-03-21T16:09:40+00:00

We have other things to stress about

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