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Debtfree Magazine January 2018

SA's Free Debt Counselling & Debt Review Industry Magazine. We discuss Bitcoin, Steinhoff, amending the National Credit Act and more in this issue.

Asking if buying Bitcoin

Asking if buying Bitcoin will make you rich is like asking if trading on the stock market will make you rich. It is possible. Is it a good idea to go out and borrow lots of money from the bank and convert it into cryptocurrency? Who knows? Maybe talk to a broker, but be prepared for some pretty divergent answers. Today, not having debt is the new form of wealth. Taking steps to ensure that you don’t owe anyone anything can be hard. It can certainly appear harder than a chance to get rich quick but are definitely more reliable and consistent. The future of blockchain technology and the currencies which operate off it is unclear, other than to say they are probably here to stay (for a while).

STUCK USING ANCIENT TECHNOLOGY? Contact Maximus on 011 451 0041 | www.dcmax.co.za

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