Opportunities galore in low-risk crypto asset arbitrage – Future Forex's Harry Scherzer

Loading player...
Cryptocurrencies were a brave new system for our evolution from coins and notes to computers or digital transactions but as the Financial Times points out in this article, the system is inherently flawed and “is an object of speculation rather than a store of value.” This speculation has taken cryptocurrencies to dizzying heights and has resulted in the current crash. For those who prefer to steer away from the risks associated with crypto but want to take advantage of the enthusiasm for crypto that still exists, Future Forex offers an investment product called cryptocurrency arbitrage that produces investment returns no matter what the movement or volatility of crypto. CEO of Future Forex, actuary Harry Scherzer, explained to BizNews that their product isn’t an investment in cryptocurrency: it is an investment in a glaring market inefficiency, and for peace of mind, you could substitute cryptocurrency with avocados. It is about buying cheaper in another market and selling for more in South Africa, and annualised returns could be as much as 80% per annum. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Jul 2022 9AM English South Africa Investing · Business News

Other recent episodes

The UP student who turned Excel into a world title – Pieter Pienaar

When you’re filling in a Microsoft Excel spreadsheet, the idea of an international competition testing those skills is probably far from your mind. Yet Excel has become an esport, with competitors from around the world solving high‑pressure challenges on a major stage in Las Vegas. This year, University of Pretoria…
19 Dec 11AM 19 min