With the latest Buzz surrounding the Dinar it only makes sense to want to invest in it, but like any kind of investment you need to DO YOUR HOMEWORK!. The last thing you want to is to invest in something that does not make sense and something you don’t understand. We have some simple steps you can make to help you make a wiser decision in your investments.
Where to buy and from who?
There are a ton of scam websites out there that make it easy to buy Dinar, but you need to make sure you are buying the right kind of Dinar and know what to look for.
When dealing with dealers you are going to want to make sure that you buy from someone who is registered with the U.S. Treasury as a Money Services Business (MSB). Even though this is a more trust worthy dealer to buy from there are still very low qualifications that are required other than anti-money laundering. Also make sure that your currency is from 2003 to current. Money before 2003 has a picture of Saddam Hussein.
Take a look at an article from the BBB to get some more detail on this.
When is the time to buy?
At this point the time to buy is now, for the simple reason that the currency is at it lowest value and at this point you can only really go up. How much and when it will go up we will discuss a little later, but you are safe at this point to buy as of April 2013.
How much should I buy?
Like any other investment you have to ask yourself, “How much are you willing to lose?”. This is a basic and very important investment question to ask yourself when it comes to anything you are going to put money into. Going out and putting your life savings into something that has no guarantee is the dumbest mistake you can make. Its like when someone walks into a casino and cashes their paycheck and put it all on red on a roulette table.
Ask yourself how much you can afford to lose that will not dent your bank account. While it is and can be very tempting to spend so much on the Dinar with its value being so low and a “potential” revalue in the future, do not make the mistake and buy more than you can afford. If you don’t have a ton of money you can always set a monthly budget and buy a certain amount every month. If you can afford to buy 20,000 USD on it then by all means do it if you want. There is no “safe” amount to spend, all that matters is what you can afford.
When can I expect to see gains in my investment?
If we could tell you this then we would be the richest people on earth. No one truly knows when a revalue is going to take place on the Dinar, and if anyone tells you they know when its going to happen. Run as fast and far away from them as possible. I truly believe there will be a revalue and the possibilities of it happening “soon” is good, there is still no guarantee. Like any other investment you need to be in it for the long haul.
This page will always be updated as new information is provided so please comment or email us anytime if you can provide some more input on this article.