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  • Where to look to make money from Bitcoin
  • There are a lot of similarities between Bitcoin and the discovery of gold. The gold rushes that ensued discoveries of the yellow metal led to furious mining. Those that got in early made a lot more money than those who were slower to get in on the action. You can say the same for those who got into Bitcoin mining in its early days. So what can you learn from the parallels between gold mi... ››› more
  • [17 August 2014]
  • Eight tips to help keep your Bitcoin safe from cybercrime
  • As a digital currency, Bitcoin is growing in popularity. But Bitcoin has had its fair share of controversy. This includes the theft of Bitcoin. So if you're seriously considering getting into Bitcoin, how can you ensure that your Bitcoins are safe? Read on to find out what you need to do… Buying into Bitcoin Just last month, South African payment processor PayFast announced that i... ››› more
  • [14 August 2014]
  • Digital currency uncovered: How to start using Bitcoin
  • Using digital currencies as a means of paying for things may have you terrified. But the good news is, you don't have to be. Using digital currencies like Bitcoin is actually not as difficult as you might believe. And it's also a lot safer to use than you might think. So if you're desperate to start using Bitcoin, how do you start? Read on to find out… The ins and outs of getting ... ››› more
  • [13 August 2014]
  • You could be stealing money from your own Forex account without even knowing it
  • Often Forex traders look at all their trades individually. But this is a mistake… One that could cost you dearly! In fact, it could see you stealing from your own trading account without even knowing it. And it's all because of something known as correlation. So how can correlation cost you   When trading, you shouldn’t look at individual currency pairs as if they existed... ››› more
  • [06 August 2014]
  • Poor economic data is starting to weigh on the rand
  • Since the Reserve Bank hiked interest rates, the rand has enjoyed some brief respite. But the local currency looks set for a rocky ride as more data could show what a sorry state the economy's in. Add to this crucial data due out in the US, and the rand could face more pressure. Let's take a closer look at what's going on… The rand is trading weaker this morning So far this morning, the... ››› more
  • [30 July 2014]
  • If you want to follow the big money, you have to consider Bitcoin
  • The interest in Bitcoin is rapidly growing. In the US this year alone, six new Bitcoin hedge funds have appeared. So what does this tell us about Bitcoin? Does it indicate that the future is looking good for the digital currency? Let's take a closer look… Big investors are ploughing money into Bitcoin funds The launch of so many Bitcoin hedge funds this year is a very strong indic... ››› more
  • [28 July 2014]
  • The rand kicks off the week on a firmer foot
  • The rand has started the week slightly stronger against the dollar. The local currency appears to still be glowing from the Reserve Bank's decision to hike interest rates last week. This is in the wake of geopolitical tensions in Ukraine and the Middle East. Let's take a closer look at what's going on with the rand and what could lie ahead this week… The rand is benefitting from an in... ››› more
  • [21 July 2014]
  • Bitcoin is gaining traction in SA: Over 30,000 sellers now accept the digital currency
  • Yesterday, South African online payment provider PayFast announced that it's now accepting Bitcoin as a form of payment. Buyers using PayFast can now select Bitcoin as a form of payment. The company's move demonstrates the growing popularity of using the digital currency as means of payment. Let's take a closer look… PayFast and BitX bring Bitcoin to SA PayFast has enabled “Bitcoin a... ››› more
  • [18 July 2014]
  • Bitcoin is getting ready to soar as it prepares to go mainstream
  • Bitcoin has had its fair share of controversy since its conception. But Bitcoin is a revolutionary new technology. This means Bitcoin is probably set to follow the path of other revolutionary technologies. And if it follows the paths of these other revolutionary technologies, it's preparing for take-off. Let's take a closer look at the evidence… Bitcoin is preparing for rapid growth Have a l... ››› more
  • [09 July 2014]
  • Forex trading basics: What you need to know to get started
  • If you're looking for a way to generate substantial profits over the short-term, forex (or foreign exchange) trading is one way to do it. By trading the world's currencies, you can nip in and out the market, hopefully making tidy gains along the way. But how does it all work? Let's take a look… How the forex market works Unlike the stock markets of the world, which operate ‘normal... ››› more
  • [09 July 2014]
  • Here's what you need to know about the world's most famous digital currency: Bitcoin
  • Over the last year, the popularity of Bitcoin has soared. In spite of a number of scandals, the digital currency is becoming increasingly more popular. And a growing number of retailers across the globe are accepting it as a form of payment. So what exactly is Bitcoin? How does it work? How can you buy Bitcoin? And is Bitcoin going to survive? Read on to find out the answers to ... ››› more
  • [30 June 2014]
  • A weaker dollar helps the rand gain
  • Yesterday, it emerged that economic growth in the US fell sharply for the first quarter. This resulted in the dollar losing ground, which has benefitted the rand. Also buoying the rand was the end of the lengthy platinum sector strike. Let's take a closer look at what's going on with the rand… US GDP fell nearly 3% from January to March Data released yesterday in the US showed that “the wo... ››› more
  • [26 June 2014]
  • How you can buy Bitcoins
  • Since the fall of Bitcoin's largest exchange, Mt Gox, the news surrounding the digital currency is sparse. And as Bitcoin shows how it's strong enough to survive a variety of disasters, more investors want their slice of the action. So how can you buy Bitcoins? Let's take a closer look… Food for thought before buying Bitcoins At the moment, it isn’t as easy to buy Bitcoins as it is shares ... ››› more
  • [25 June 2014]
  • An end to the platinum sector strike firms up the rand
  • Yesterday afternoon, news emerged that the five-month long strike in the platinum sector was over. The Association of Mineworkers and Construction Union (AMCU) and the top three platinum producers finally agreed a new three-year deal. The rand strengthened on the news. And this morning the rand continues to hold its gains. Let's take a closer look at what's going on… The rand rallied 1% on ne... ››› more
  • [24 June 2014]
  • The rand is under renewed pressure as the situation in Iraq deteriorates
  • This week, the rand strengthened to its highest level in nearly two weeks. A barrage of domestic data helped the local currency out. But yesterday the situation changed as the crisis in Iraq escalated. This dented the rand and global appetite for risk. Let's take a closer look at what's going on… The rand is battling to hold onto gains The rand was holding its ground this morning, reports BD... ››› more
  • [20 June 2014]
  • I have good news and bad news about the South African rand!
  • Let's start off with the bad news about the rand. As you know when the rand weakens it means that you need even more rands to buy just one dollar. This isn't good for you as a South African consumer because it means that things like petrol and food prices will keep going up. And guess what, I'm expecting the rand to weaken even more from here! In fact, I expect the rand's next stop t... ››› more
  • [18 June 2014]
  • Five reasons why Bitcoin could become the most favoured currency
  • Over the centuries there have been different forms of currencies used across the world. These currencies include gold and fiat currencies like the dollar, the pound and the rand. Then Bitcoin came along. Many view Bitcoin as an alternative investment, whilst others see it as a currency of the future. Let's take a closer look at why Bitcoin could be shaping up to become just that… Reason #1: T... ››› more
  • [13 June 2014]
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