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| Woman turned R100 into R1000 in a week |
How can I turn turn my R1000 into R10000 in just a week? What are the best investment that I can put money and get twice of it in a week? Since you are here, it is obvious you are looking for an answer or answers to one of these questions. Here, you will find all your solutions. In this article, you will learn how to turn r100 into r1000 in a week online in South Africa.
While it is true turning R1000 into R10000 in a week or so in South Africa is a difficult situation, it does not necessarily mean it cannot be achieved. There are many online investment platforms that you can invest money and earn twice of what you invested in just a week.
While most are investment platforms, few are online businesses. These means that you can start an online business with just R1000 and earn about R10000 in few weeks or months. However, these types of investments or businesses are highly risky jobs. Keep reading to learn how to turn r100 into r1000 in a week online in South Africa.
How to Turn R100 into R1000 in a Week Online
Here are some of the best ways to turn R1000 into R10000
1. Cryptocurrency Trading
Cryptocurrency trading is one of the fastest and easiest ways to double your money online within a week. In recent years, Cryptocurrency or Bitcoin trading has become one of the proven ways to make money online at the comfort of your home.
Cryptocurrency or Bitcoin trading simply means buying and selling of cryptocurrencies (Bitcoin, Ethereum, USDTTether, Binance coin, and others) at a recognized exchange platform. Bitcoin is the popular trading platform in the world.
Bitcoin trading is one of the best ways to turn R1000 into R10000 in a week online. Bitcoin can be traded in several ways.
How to Trade Bitcoin
- Sign up for any Cryptocurrency exchange platform (Coinbase, Binance, Crypto.com etc)
- Find your account through direct deposit, credit card, peer to peer, and other transfer methods
- Select or choose the quantity of Bitcoin you wish to start trading with
- Start your trading process and begin earning cash
Tips for Trading Bitcoin
- Do a lot of research on how Bitcoin trading works to avoid losing money
- Bitcoin is highly volatile meaning the market is not stable
- Understand you may either lose or gain when trading on Bitcoin
- With Bitcoin trading, you can earn over R10000 per day in South Africa
2. Cryptocurrency Investment
Another way to increase your money from R100 to R1000 in a week is through cryptocurrency or Bitcoin investment. Cryptocurrency investment is slightly different from trading.
Cryptocurrency investment simply means buying and holding cryptocurrency and selling them at a later date. Here, cryptocurrencies are bought at a lower price and sold when the prices increase. For instance, you can buy Bitcoin for R1000 today, and by next week the price will rise to R10000.
However, it is important to note that the price may fall lower during the subsequent days since Bitcoin is highly volatile. Bitcoin price is unpredictable. I have personally invested in Bitcoin and cashed out twice of what I invested. However, mine took me over three months.
3. Online Investment Apps
You can also earn over R1000 per day in South Africa through online investment apps. These are platforms that allows users to earn daily profit when they put money. Most online investment apps may not be legit, however, that does not mean all are scam.
There are legit online investment apps that pay members real money when they invest with them. Investing in online investment apps could be one of the best ways to turn R100 into R1000 in a week in this country.
We have done enormous research and have come out with some of the legit online investment apps that pay members real money.
Read also: How to Make R100 000 in a Week
Top investment apps according to many reliable sources
- Robinhood
- Betterment
- M1 Finance
- Ally Investment
- Acorns
- Stash
- Fundrise
- Wealthbase
- Fidelity Investments
- Charles Schwab
4. Online Investment Websites
This method of investment is similar to that of investment apps. The only difference is the platform. Investment websites are some of the legit and also risky ways to earn money daily in South Africa.
These platforms reward members daily profit when they invest with them them. Some investment websites pay daily while others pay monthly. It is recommended you understand the terms and conditions of each investment platform before working with them.
Below are some of the legit investment websites to earn over R1000 per day in South Africa according to reliable sources:
- Betterment
- eToro
- Seeking Alpha
- Wealthsimple
- Acorns
- Fundrise
Conclusion
In summary, to turn R1000 into R10000 in a week, start Bitcoin trading, invest in Bitcoin stocks, invest in online investment apps or website. Earning R1000 per day requires hard work, consistency and commitment. There are several reliable ways to earn twice of your investments in just a week.
We hope that by reading this article to the end, you have found ways to turn R100 into R1000 in a week online. Take note that, some of the investment platforms, such as Bitcoin or other cryptocurrency coins are highly volatile. It is therefore recommended you understand the implications before investing.
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