Contrary to popular belief, the crypto market is the most difficult to trade for beginners for a number of reasons. It is possible to get filthy rich by investing in cryptocurrency, but it is also very possible that you lose all of your money.
Investing in crypto assets is risky, but can be a good investment if you do it properly and as part of a diversified portfolio.
Who is a crypto trader? A crypto-trader is someone who profits from short-term changes in the market price of cryptocurrencies, altcoins, and value tokens. The goal, of course, is to buy when prices are low and sell when they rise higher..
Trading can be lucrative, and many people have made fortunes doing it.The simplest way for you to get started is to open an account with one of the leading centralized crypto exchanges (e.g. Coinbase, binance, Kraken), fund your account with fiat currency, and buy your chosen currency. From there, you can use one of the below day trading strategies to start day trading crypto.
Without further ado Auchijeffblog have gathered below the top 10 richest/sucessful cryptocurrency trader in south Africa.
Top 10 Crypto Traders in South Africa
Jabulani ngeobo – $240 Million
Jabulani Ngcobo, popularly known as Mr Cashflow was born on 30th May 1985 in KwaDabeka, urban in South Africa, is a South African entrepreneur, author, and motivational speaker.
He is the CEO and founder of Cashflow properties, a forex trading investment company. He is currently the richest crypto trader in south Africa.
He became one of Durban’s youngest self-made millionaires at the age of 27. His worth of $40 million as of the year 2022. His main source of income is through his forex business and other business ventures such as selling his own books and content creation.
SANDILE SHEZI – $200 Million
Sandile Shezi is one of the most popular Forex Traders in South Africa and the only Forex Trader who became South Africa’s youngest self-made millionaire at 23.
Thanks to Forex trading, he is now one of the richest Forex traders in South Africa, dominates the list of best traders in South Africa.
The 29 year old Sandile Shezi enjoys Forex trading and takes pride in teaching other young people how to make money like he did. His net worth is estimated to be $22 Million.
GEORGE VAN DER RIET – $170 Million
George Van Der Riet is a South African businessman, entrepreneur, and forex trader. George Van Der Riet is the most recognized famous forex millionaire in South Africa with a lot of students that he trains in the forex business.
George Van Der Riet came into the limelight when he became a forex trader and the closest associate of Sandile Shenzi the co-founder of Global Forex Institute. He is known to have made most of his money in crypto trading and through businesses.
REF WAYNE – $150 Million
Ref Wayne who was born one the 3 of march 1995 and he is 27 years old, is a self-made millionaire, author, speaker and philanthropist.
Wayne is the founder of ForexAmg and is well known as the pioneer of forex trading and cryptocurrency in Africa. He has over 10 years of experience in meditation.
PABALLO NKWE AND DANIELLE LESTER – $100Million
According to the saying, “Two head are better than one” This two ladies uses thier intellect to venture in forex trading.
Paballo Nkwe and Danielle Lester are two inspirational female traders who are both still in their 20s. They own a company together called iSelect Wealth where they mentor individuals, start-ups, and companies about forex trading.
LOUIS TSHAKOANE JUNIOR – $95 Million
Louis Tshakoane Junior although been born to a wealthy family, he is known for giving and a hard working person, He has dome deals with top brand such as Lamborghini and many more others and then after he ventured into forex when he found out it was been helpful he decided to go big and he started hosting free seminars for young youth.
He is one of the famous rich kids in South Africa today. He is a 30-year-old millionaire who started his first business when he was a teenager.
SIMZ D’ MANDLA – $90 Million
Simz D’ Mandla who is from a very poor background and now he is a wealth coach, philanthropist, motivational speaker and he one is south Africa youngest self made multi- millionaire. His story changed between the age of 18 – 21.
Simz D’ Mandla used to sell jeans and shoes for living, then he switched to shaving hair at a local barber shop with the aim of feeding his family.
SHAUN BENJAMIN – $75 Million
Shaun Benjamin is also a forex trader who is in his late 20’s, He made his first million in cryptocurrency trading when he was just 21.
Shaun Benjamin started forex trading at a very tender age. He made his first million at the age of 21. Shaun Benjamin studied engineering after graduating from Newcastle high school in 2012.
According to Shaun Benjamin, by the time he was 21 years old, he retired from his word because he has made a lot of money to live his dream life and to set up his own company.
NELISEWE MASANGO – $50 Million
Nelisiwe Masango who is known to be an entrepreneur, is a 30 years old award-winning female forex trader. Her career starts at Broksburg high school. It was difficult for her tp switch career as a neurosurgeon to an entrepreneur. The mantra of her successful errands is to ensure that people, more specifically women, win financial freedom through trading and investing.
She is the CEO and founder of Bear Run investments which is a forex trading company. Its main objective is to help the community access affordable finance programs and packages that stimulate financial growth. Her net worth as at the time this article was published is estimated to be $5Million.
In conclusion, The above are the top richest crypto currency traders in South. If you feel we didn’t add your favourite to the list you can drop your comments below.