There is no doubt there is wealth to be made in the crypto markets.
But if you go in blindly without understanding the basics, then you're likely to come out of it worse than you went in.
That's why, I believe you need to understand some of the key mistakes that newbie crypto investors make.
Know these two key mistakes to avoid and you'll be that more clued up about how to navigate the... ››› more
Last week the crypto-currency market topped over $2 trillion for the first time in history.
It was driven by the Ethereum rally that breached over $2,000 per Ether.
If you don't know by now, Ethereum is the second largest digital coin on the market with a market cap of over $240 billion alone.
While Bitcoin is still the leading crypto-currency with over $1.1 trillion market value, it has... ››› more
It was from SA-based crypto exchange iCE3x. Founded in 2013, iCE3x is one of the oldest crypto exchanges in SA and has roughly 80,000 customers.
The company announced it had suspended all trading and deposits on the platform after discovering “discrepancies in the balances pertaining to bitcoin and litecoin”.
This news alarmed the crypto community - as expected. But this is not first ... ››› more
Canada has recently been the centre of mainstream cryptocurrency adoption.
And no, I'm not talking about the Canadian Government, banks or financial institutions.
It's all got to with a professional hockey team's latest sponsor...
Founded in 1909, the Montreal Canadiens is the longest continuously operating professional hockey team in the world. They were even a founding member of toda... ››› more
Bitcoin may be the biggest, but it's not the only crypto out there.
There are literally thousands of different crypto - some good, some bad, some could change the fabric of our world, some might try but ultimately fail.
Today I'm going to share three you should keep your eye on.
These crypto are not recommendations per se.
Rather, they are a watchlist of cryptocurrencies that if yo... ››› more
You might have heard this word in the media lately.
And if you haven't…
I promise you, you will VERY soon.
In fact, I believe it'll soon be a part of your everyday vocabulary just like the word ‘Bitcoin'.
And it could even potentially be your next stream of income.
Some trend starter South Africans are already banking over $4,000 a month with this revolutionary alt... ››› more
2020 was a horrible year for many industries…
But this one enjoyed record-shattering growth!
So much so, commentators across the world believe it could be at a tipping point.
“Why I think these five shares could turn 2021 into the most profitable year of your life”
And as you ... ››› more
The Crypto market is FLYING right now…
It just broke through the $1 trillion value mark, which is an amazing feat in just over a decade.
But what's stolen the headlines over the past month is the meteoric rise of bitcoin.
The number one crypto has rallied to nearly $40,000 today.
And it’s soared over 146% since I recommended it to Real Wealth readers in November 2020’s issue.
... ››› more
Right now, all of the popular DeFi projects are built on top of Ethereum.
In fact, if you look at the top 100 cryptos by market cap, most of them are built on top of Ethereum.
But as you may know, Ethereum doesn't deal well with massive network demand just yet. (That's part of the reason Ethereum 2.0 is so hotly anticipated.)
And so, transaction fees have gone through the roof. It curr... ››› more
Property stocks on the JSE have had an atrocious year.
Right now, they're still around 46% lower than they were one year ago.
We all know that many landlords, especially in the retail space, had empty shops and tenants that couldn't pay during the hard lockdown…
But the property index has started a turnaround. Since 1 November 2020 the SA Listed Property Index (SAPY) is up 15.81%.
... ››› more
Q. “Timon I've been a trader for the last three years following your tips and strategy. My portfolio is up but only a tiny amount. Could you give me some signs to see if I'm on my way to trading success?”
A. By the sounds of it Grant, it looks like you’re well on your way to becoming a great trader.
I do have a quick three-point check list that I use to see if a trader... ››› more
Square - A $73 billion e-Commerce giant made a big bet on Bitcoin in October.
This is not the first time the company's backed the cryptocurrency.
In 2018, it expanded its mobile payment service Cash App to support Bitcoin trading, even for users without a bank account.
And in 2019 it launched Square Crypto, which awards grants to Bitcoin developers and designers.
Square's bullishne... ››› more
One of my favourite crypto projects is booming in 2020.
Its market cap has soared from around $444 million to over R815 million.
At the same time, its price has rallied +90%.
And recently it reached an important milestone in its development, which could see some more very big gains in store for investors.
Let me explain…
... ››› more
You may not know this but two-thirds or 60% of the world's supply of cocoa beans come from West Africa each year.
This includes the Ivory Coast and Ghana (2nd biggest cocoa producer).
Just to put it into perspective, Ghana's cocoa sector employs over 800,000 rural families. It also produces around R33.58 billion in foreign exchange.
This year we've seen a major slump in cocoa prices.
... ››› more
Q. “Is there a list of things I need to ensure my success from your Red Hot Storm Trader service Timon?”
A. I’m sure you have everything you need to benefit from the service.
But to make extra sure, here are my five checkboxes to optimise your success with Red Hot Storm Trader.
1. A computer or a cell phone with a good internet connection
... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.