Do you have crypto assets?

[bwana]

Do you have crypto assets? If not, do you plan to?

How do you feel about plans to bring cryptocurrencies into the South African regulatory purview in a phased and structured manner?

 

[Hamster]

SARS agent alert!

 

[bwana]

SARS agent alert!

I've been accused of many things but this is a first.

 

[cr@zydude]

Nope. I play it as safe as they come with my investments. Big index funds and government bonds for me.

 

[Brian_G]

They have zero chance of regulating it, except with those willing to cooperate / be moles.

 

[Hamster]

Nope. I play it as safe as they come with my investments.

I wasn't expecting that looking at your nick

 

[Agent_Smith]

I can neither confirm nor deny that at this stage.

 

[The_Ogre]

Who doesn't?

Well, except @biometrics

 

[C4Cat]

A very small amount!

 

[Gravedigger]

I think I have less than R100's worth of cryptocurrency.. (That is after the Elon Musk's BTC crash)

 

[SauRoNZA]

Nope. I play it as safe as they come with my investments. Big index funds and government bonds for me.

There are crypto index funds…

 

[SauRoNZA]

I do have plenty of crypto assets and I’m all for regulation in the context of tax and forcing exchanges to adhere to auditing and reporting protocols.

It will give crypto more legitimacy and also stop many of the scams dead in their tracks.

 

[Mortymoose]

 

[cr@zydude]

There are crypto index funds…

I don't buy crypto index funds, just like I don't buy tech index funds or mining index funds or Japanese index funds. I always want to go as broad as possible to mitigate risk.

 

[SauRoNZA]

I don't buy crypto index funds, just like I don't buy tech index funds or mining index funds or Japanese index funds. I always want to go as broad as possible to mitigate risk.

No risk, no reward.

But to each their own.

 

[BBSA]

5% of my of my portfolio is for speculation, crypto is part of that.

 

[lancon]

When SARS see my portfolio they will chip in a little to make it look like something.

 

[PseuDohNom]

What is a Crypto?

 

[PsYTraNc3]

I might have a very small amount if it can be recovered from the liquidated Cryptopia exchange at some point.

 

[mr_norris]

I always want to go as broad as possible to mitigate risk.

This is exactly what index funds do.