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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Crypto , Digital Currency Trading , Forex

Crypto , Digital Currency Trading , Forex

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RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@jason12 wrote:
@RJ1010 wrote:
@KavinduTM wrote:Congratz who still holds BNB

Fantastic times for most of the coins.
I have gone all in on Nexo.. 190k investment now sitting at 680k within 3 months 🤩
rj1010,

is it safe to invest? are there any legal barriers to trade from sl?

if u can just PM.

Thanks

I’m based in Dubai bro..
from SL I know it’s not legal as taking/investing money out of the country is restricted. You will not be able to register Sri Lankan bank cards in foreign digital exchanges as far as I know.
Kavindu or Teller may be able to guide you if there are any possibilities.

jason12 and KavinduTM like this post

Trading Jockey


Stock Analytic
Stock Analytic
Teller is the guy for this, I opened a binance account in Jan deposited money bought and sold  he sorted out the transaction buying and selling both. Made a decent buck on it too.

RJ1010 likes this post

kadik


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Trading Jockey wrote:Teller is the guy for this, I opened a binance account in Jan deposited money bought and sold  he sorted out the transaction buying and selling both. Made a decent buck on it too.
I am in Oman. can i deposit money from here. anyone knows?

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@kadik wrote:
@Trading Jockey wrote:Teller is the guy for this, I opened a binance account in Jan deposited money bought and sold  he sorted out the transaction buying and selling both. Made a decent buck on it too.
I am in Oman. can i deposit money from here. anyone knows?

Ofcourse you can

KavinduTM likes this post

kasun_gimhana


Manager - Equity Analytics
Manager - Equity Analytics
where are you people?, I said believe in bitcoin, I Sold my 50% of bitcoin once double my investment at 36000 levels. now it is ok even bitcoin go to Zero, See current level  47000  tesla bought 1.5 Billion worth of  Bitcoin, Just dont hold BNB, Stake them.

KavinduTM likes this post

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@RJ1010 wrote:
@KavinduTM wrote:Congratz who still holds BNB

Fantastic times for most of the coins.
I have gone all in on Nexo.. 190k investment now sitting at 680k within 3 months 🤩

Haha great!

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@jason12 wrote:
@RJ1010 wrote:
@KavinduTM wrote:Congratz who still holds BNB

Fantastic times for most of the coins.
I have gone all in on Nexo.. 190k investment now sitting at 680k within 3 months 🤩
rj1010,

is it safe to invest? are there any legal barriers to trade from sl?

if u can just PM.

Thanks

It cannot be said its "safe" to invest. As always there's a risk. But if you are looking forward for an opinion. I'll say its safe.
Yes there are some restrictions, so you can't buy crypto just using your sl bank visa card. 

Using P2P method, PayPal worked for me.

MillennialC

MillennialC
Equity Analytic
Equity Analytic

roshan1039 and DWKDAVID like this post

149Crypto , Digital Currency Trading , Forex - Page 8 Empty Re: Crypto , Digital Currency Trading , Forex Sat Feb 20, 2021 11:04 am

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hope all crypto investors are enjoying their profits. I have gained 400% to now through nexo and bnb tokens.
Be watchful for BTC and Eth.... a possible dump is possible and there was no support created along with this rise to 56k and 2k all time highs.

150Crypto , Digital Currency Trading , Forex - Page 8 Empty Re: Crypto , Digital Currency Trading , Forex Wed Mar 03, 2021 12:59 am

MillennialC

MillennialC
Equity Analytic
Equity Analytic

151Crypto , Digital Currency Trading , Forex - Page 8 Empty Re: Crypto , Digital Currency Trading , Forex Thu Mar 11, 2021 10:52 pm

MillennialC

MillennialC
Equity Analytic
Equity Analytic

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Congratz on $400 new BNB All time-high guys. 🤗

RJ1010 likes this post

Dilip


Equity Analytic
Equity Analytic
@KavinduTM wrote:
@jason12 wrote:
@RJ1010 wrote:
@KavinduTM wrote:Congratz who still holds BNB

Fantastic times for most of the coins.
I have gone all in on Nexo.. 190k investment now sitting at 680k within 3 months 🤩
rj1010,

is it safe to invest? are there any legal barriers to trade from sl?

if u can just PM.

Thanks
It cannot be said its "safe" to invest. As always there's a risk. But if you are looking forward for an opinion. I'll say its safe.
Yes there are some restrictions, so you can't buy crypto just using your sl bank visa card. 

Using P2P method, PayPal worked for me.
How could I bring back my profits to SL from my e wallet, are their any restrictions, can I remit it back in US$ instead of LKR, to another  another RFC account(Not Mine), Thank You in Advance

154Crypto , Digital Currency Trading , Forex - Page 8 Empty Re: Crypto , Digital Currency Trading , Forex Fri Apr 09, 2021 11:08 pm

dayandacool

dayandacool
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
IT'S BEST TO KNOW THE PROS AND CONS BOTH.  Very Happy

http://bizenglish.adaderana.lk/public-awareness-on-risks-in-investing-in-virtual-currencies-in-sri-lanka/

Kevinmikegrit likes this post

155Crypto , Digital Currency Trading , Forex - Page 8 Empty Re: Crypto , Digital Currency Trading , Forex Sat Apr 10, 2021 12:17 pm

Kevinmikegrit


Equity Analytic
Equity Analytic
The issue with crypto for Sri Lankans is not how to make huge returns, because if you hold the right set of coins for certain periods you could easily double, triple or even quadruple your investment. But the issue is getting the funds back into the island. I would say if you can hold for another 5 - 6 years the invest into crypto. Or else it will be very hard to get the funds in legally. Down the line even the Sri Lankan government has to accept that crypto is the future. But as we very well know, our government will be very slow to realise that.

dayandacool likes this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yes Kevinmikegrit wrote:The issue with crypto for Sri Lankans is not how to make huge returns, because if you hold the right set of coins for certain periods you could easily double, triple or even quadruple your investment. But the issue is getting the funds back into the island. I would say if you can hold for another 5 - 6 years the invest into crypto. Or else it will be very hard to get the funds in legally. Down the line even the Sri Lankan government has to accept that crypto is the future. But as we very well know, our government will be very slow to realise that.

True. As a country we are far lagging in almost all spheres. The youth and the financially literate are denied investing in foreign markets and crypto, forex markets. Could have easily become an avenue to bring in dollars to the country. Instead they are concerned money going out of the country through trading!!! For gods sake people invest to earn, and after taking profits they bring the money back into the country! Very backward thinking.

During last 3 days alone I took a profit of 150k after trading 300k on Binance futures. If done right trading on crypto or even investing in crypto can give huge returns. If not done right you can lose as well. Same is true in stock markets. Volatility is everywhere. Volatility is also the friend of traders Smile

KavinduTM and Kevinmikegrit like this post

Kevinmikegrit


Equity Analytic
Equity Analytic
https://arynews.tv/en/china-launch-digital-currency/

Soon all major economies will follow

Kevinmikegrit


Equity Analytic
Equity Analytic
@RJ1010 wrote:
Yes Kevinmikegrit wrote:The issue with crypto for Sri Lankans is not how to make huge returns, because if you hold the right set of coins for certain periods you could easily double, triple or even quadruple your investment. But the issue is getting the funds back into the island. I would say if you can hold for another 5 - 6 years the invest into crypto. Or else it will be very hard to get the funds in legally. Down the line even the Sri Lankan government has to accept that crypto is the future. But as we very well know, our government will be very slow to realise that.

True. As a country we are far lagging in almost all spheres. The youth and the financially literate are denied investing in foreign markets and crypto, forex markets. Could have easily become an avenue to bring in dollars to the country. Instead they are concerned money going out of the country through trading!!! For gods sake people invest to earn, and after taking profits they bring the money back into the country! Very backward thinking.

During last 3 days alone I took a profit of 150k after trading 300k on Binance futures. If done right trading on crypto or even investing in crypto can give huge returns. If not done right you can lose as well. Same is true in stock markets. Volatility is everywhere. Volatility is also the friend of traders Smile
That's very true. Our country is now even more backwards than most bankrupt nations 🤦🏾‍�

MillennialC

MillennialC
Equity Analytic
Equity Analytic

Dilip


Equity Analytic
Equity Analytic
@Kevinmikegrit wrote:
@RJ1010 wrote:
Yes Kevinmikegrit wrote:The issue with crypto for Sri Lankans is not how to make huge returns, because if you hold the right set of coins for certain periods you could easily double, triple or even quadruple your investment. But the issue is getting the funds back into the island. I would say if you can hold for another 5 - 6 years the invest into crypto. Or else it will be very hard to get the funds in legally. Down the line even the Sri Lankan government has to accept that crypto is the future. But as we very well know, our government will be very slow to realise that.

True. As a country we are far lagging in almost all spheres. The youth and the financially literate are denied investing in foreign markets and crypto, forex markets. Could have easily become an avenue to bring in dollars to the country. Instead they are concerned money going out of the country through trading!!! For gods sake people invest to earn, and after taking profits they bring the money back into the country! Very backward thinking.

During last 3 days alone I took a profit of 150k after trading 300k on Binance futures. If done right trading on crypto or even investing in crypto can give huge returns. If not done right you can lose as well. Same is true in stock markets. Volatility is everywhere. Volatility is also the friend of traders Smile
That's very true. Our country is now even more backwards than most bankrupt nations 🤦🏾
Same with me, made substantial profit in US$, after investing when I was overseas, After settling down in SL, I am unable to bring down the profits, We should have more forward thinking people at the helm

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