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South African firms start investing their cash in bitcoin - Vimarsana News

South African firms start investing their cash in bitcoin

South African firms start investing their cash in bitcoin It’s certainly not at the same scale as a Tesla or a MicroStrategy, but some privately held South African firms have started converting a portion of their cash holdings into cryptocurrencies like bitcoin. Industry players expect the trend to accelerate — and quickly. One of the first — if not the very first — South African companies to take the plunge is open-source software specialist LSD Open, which has bought R2-million worth of bitcoin to hold in its treasury. On 4 January, before Elon Musk announced his intention to ...

As cryptos shoot for the stars, consider rand cost averaging - Vimarsana News

As cryptos shoot for the stars, consider rand cost averaging

MONEYWEB LIVESTREAM As cryptos shoot for the stars, consider rand cost averaging Investing a regular amount in crypto each month is a proven way to grow your account over time. 10:55  The main advantage of rand cost averaging is that you don’t have to worry about trying to time the market. Image: Chris Ratcliffe, Bloomberg This may be a frightening time for anyone considering getting involved in cryptos for the first time. Bitcoin appears headed for $60 000 (R887 000) after cracking $20 000 (R295 668) two months ago. It’s up 185% in just eight weeks. Ethereum broke $600...

Bitcoin breaks through $50k - digital gold? - Vimarsana News

Bitcoin breaks through $50k - digital gold?

'It's critical to understand the changing nature of money.' Bruce Whitfield interviews Farzam Ehsani (VALR.com.) on The Money Show

Source: 702.co.za
We ask the experts: As Bitcoin crashes through R700k is it cheap at the price? – The Citizen - Vimarsana News

We ask the experts: As Bitcoin crashes through R700k is it cheap at the price? – The Citizen

The Citizen brings you breaking news, current affairs, celebrity and entertainment news, as well as sport news throughout the day. More news. Your way.

Bitcoin crashes through R700 000 – cheap at the price? - Vimarsana News

Bitcoin crashes through R700 000 – cheap at the price?

Does this mean the ship has sailed? Definitely not, according to this sample of experts.