Recently, i've been getting questions from most readers of
this blog, informing me of the difficulty in Africa and South America with
regards to buying and selling of bitcoin where they are. Amongst the many
questions received, these two questions below summarizes the problem faced by
many living in these regions:
(1) How can i buy bitcoin in Ghana/Nigeria/Tanzania/South
Africa/Kenya/Chile/Ecuador/Venezuela?
(2) Where do i buy Bitcoin in Africa?
Well, i'll love to let you all know that purchasing bitcoin
or recieving funds for services is possible for Africans who are new in the
world of cryptocurrencies. The following services can be used to buy bitcoin
directly to your wallet using a debit card or bank transfer.
Now that you have a few bitcoin in that wallet, why not
invest it in gold? Goldmoney (Bitgold) talked about in one of our earlier posts
is a good choice of investment for most people who may be skeptical. You
deposit a few satoshis worth the equivalent of a gram of gold, seat back and
let the price rise. As the prices of gold increases, the amount you've got
seated in your goldmoney account increases. You could choose to redeem
(withdraw) your money to your bank account via wire transfer or back to your bitcoin
wallet. The post for bitgold was published here 29/02/2016. At the time, gold
was worth $1223.15 and rose to $1271.77 in about a month - a profitable price
to cash out for those who had bitgold in their wallet. At least that's what i
do. The price has been on a decline since then ($1172.56 at the time of
writing) and i believe these lower prices makes them the best time to buy gold
and hold them for higher prices next year. 2016 is gone and i believe investing
for the future should start now. Register and get a bitgold account today by
following the link below:
Speaking of cryptocurrencies; the price of Ethereum (ETH) is
on the decline as well. Obviously it's time to buy and hold for keeps as well.
A little secret for those into stocks trading: these two
sites below would get you a list of stocks you could invest in that will end up
profitable.
2. Motley Fool
This may be my last post for the year. Invest wisely today!
Good Luck.
