@BBCWorld Surely there must be a banking and financial system in Turkey that would have allowed a foreign exchange purchase in South Africa. No way a Turkish businessman had to take a flight from Turkey to RSA with a briefcase full of millions so that he could buy cows.
@eNCA It's basic human instinct to self-preserve. You can't rely on police who tell you they on their way only to arrive hours after you have been robbed, raped, and murdered.
The one thing I learnt from trying to teach family and friends how to trade is, they either suffer a lack of interest or emotional control.
Very few can jump over those two hurdles & maintain enthusiasm as well as discipline. Many are the opposite.
I wonder how Crypto will work as collateral against debt.
Imagine collateral that tanks 50% of its value within a day, lol.
You'd have to "time" the market so that you pay off what you owe or buy something really expensive at the right time.
@NickDarlington It's only getting recognised as money now, up until now, it only satisfied the "medium of exchange" part of money, the "store of value" and "legal tender" part was out because of high volatility and because of legislation.
The ironic thing about this is, you can be found by someone you anonymously reported, but there are shareholders of major corporations whose names even AI does not know about, now how do you rationalise that?
@mark_barnes56@SollyMalatsi Hi Mr. Barnes, I hope you're don't take this question the wrong way (I want to know from someone who actually has excellent experience in it) but...how does a person build a business from like no customers to branches upon branches? ๐๐ฝ
Let me be absolutely clear. I have never tried to sell financial services or products to senior citizens and this is absolutely a scam. Please pass this message on to any gullible old people you know, to prevent them from being taken advantage of by thieves.
They were wanted in connection with 14 cases of armed robbery and 28 cases of sexual assault, including rape. All suspects are South African nationals, and the oldest is 13 years old.
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@TraderFrans My more specific question Oom is, do markets that have that kind of price action give worthwhile returns? It's not "really" in a way that shows liquidity & could lead to a trader becoming impatient. Is it worth the risk?