Today's world is unimaginable without Internet technology. Modern innovative procedures have penetrated into the areas of commerce, services and solutions, training and regular communication.

The subject of investing has not been ignored either. Now you can use the World Wide Web to discover the vast world of stock trading, dive into the fundamentals of the stock market and become an investor from the comfort of your own home. Even if you live in a small town in South Africa, all you need is an internet connection and a minimum start-up fee of a couple of dollars.

Today we will have a peek at how to put money into Twitter stocks in South Africa.

Twitter, Inc. - the owner of a service for the public exchange of short messages (microblogging service) using a web interface, SMS, instant messaging, or third-party client software.

The social network Twitter is known all over the world.  Twitter was created in 2006 as one of the research projects of the San Francisco-based company Odeo. And as a project for internal use. The original objective was to be able to answer a single question: "What are you doing now? The author of the idea, Jack Dorsey, intended to create a service that would allow him to freely exchange brief messages with his friends.

On 21 March 2006, Dorsey published the very first Twitter message. The message read: "just setting up my twtt".

Twitter, official website
Twitter, official website

By March 2006 Odeo had developed a prototype for Twitter. In July, the TechCrunch tech blog first wrote about the Twttr project. And by that summer, Odeo employees had become literally obsessed with Twitter, spending hundreds of dollars each month on texting. The company agreed to pay its employees' mobile phone bills.

On July 15, 2006, Twitter went beyond the company's borders and became a public service. In October of the same year, Evan Williams, Biz Stone, Jack Dorsey and others from Odeo set up Obvious Corporation and bought Odeo and all its assets, along with Twitter.com and Odeo.com - with shareholders and investors.

A small earthquake hit San Francisco in August, and the news spread instantly via Twitter, which was the moment of truth for the entire project. By autumn, Twitter had thousands of users.

Twitter was spun off as a separate company as early as April 2007.

Twitter's success came at the SXSW (South by Southwest) festival in 2007.

The employees set up two plasma screens in the halls that broadcasted messages from Twitter. Several hundred conference participants were able to communicate with each other in real time through tweets.

Subsequently, they actively mentioned the service on the Internet, and bloggers distributed advertisements for the service. The number of tweets sent increased to 60,000 per day, up from 20,000 previously.

By the end of 2008 the number of registered users had reached 3 million, and by the end of 2009 the audience grew to 9 million.

In 2008, users posted an average of 5,000 tweets per day. The following year, that figure rose by a factor of 60, to 300,000 tweets a day.

By the end of 2020, Twitter already has 1.3 billion accounts.

Twitter has 330 million monthly active users (MAU) and the total number of tweets per day is 500 million. Overall, Twitter has added 40 million daily users over the year thanks to improvements to the platform - such as the ability to subscribe to topics, publish stories and others - and the major events of the year: the Covid-19 pandemic, the US elections.

Twitter's revenue grew by 28% to $1.29 billion, operating profit was $252 million and net profit was $222 million.

Over the year, the value of Twitter shares increased by 176.91%
Over the year, the value of Twitter shares increased by 176.91%

How to invest in Twitter shares in South Africa?

Twitter is a relatively new business in the stock market.

To invest in Twitter shares, you will need a certified intermediary - a broker who works with these stocks.

To choose a good stockbroker, focus on the following things:

  • whether the broker has a licence to operate as a broker;
  • the availability of a professional website with all the necessary information;
  • availability of feedback for consultation;
  • low trading requirements with a wide range of trading instruments;
  • the availability of technical indicators to assess stock price movements;
  • the speed of responding to requests;
  • availability of various withdrawal options.

No dividends are paid on Twitter shares. Technically, this can be justified by the fact that all revenues go towards the active growth and development of the corporation. This practice, which has received the right to exist, has already been shown to be effective on several occasions.

Investing in Twitter shares in South Africa
Investing in Twitter shares in South Africa

The favoured way to invest in Twitter is therefore to trade CFDs (contracts for difference), in which you exchange the difference in value of a position between the opening and closing times of a transaction. In other words, you must be able to predict the potential rise or fall in the value of stocks in the industry. In such cases, you can only profit together with a correct prediction of the behaviour of the share price.

Most online platforms, even when choosing the CFD trading type, allow you to use the "multiplier" option, with which you can increase the amount you spend according to the multiplier you choose.

But remember that trading with a multiplier, on the one hand, allows you to multiply your potential winnings, but on the other hand, carries more dangers of losing money.

How to buy Twitter shares online?
How to buy Twitter shares online?

How do I buy Twitter shares in South Africa?

To start trading shares online, register with an online investment system provided by a brokerage firm. Registration is quick and easy and only takes a couple of minutes. Once you have logged on to the platform, the system will automatically send you an email to the given email address, after which you will need to confirm your email address.

Sign up on the platform
Sign up on the platform

You will be motivated to start using your free demo account. The system will automatically credit a certain amount of fake money to this account, so that you can make your very first trial transactions without the risk of losing real money. Usually the amount of fake money is $10,000 (this amount can vary from program to program), and this amount is more than enough to practice with in the beginning. In the event that it turns out that the practice operations were ineffective and you do not have enough fictitious money, you can usually recover it and try again.

The value of a demonstration report cannot be overemphasised. It is an exact replica of the real account, the only difference is that your actual funds will be on the real account. So, with a demo account you can obviously see how the system works: the best way to buy or sell shares, the way to achieve a certain goal such as a multiplier, etc. etc. At the same time you are not risking your personal funds.

Naturally, you cannot withdraw cash from a demo account.

Open an account
Open an account

To start real trading on the investment platform, you must deposit an amount in your account. You can do this with a bank card or with some of the payment methods that are indicated on the platform. The minimum amount to deposit into a true account is basically $10. This allows you to start trading without having much capital.

In any situation, you need to remember that trading is a risky business, so if you are not experienced enough, start with small amounts so that you won't incur significant financial losses in case of a failed trade.

You can usually withdraw from your account in exactly the same way as depositing, using the same payment methods or bank card.

Top up your account any way you like
Top up your account any way you like

How to invest successfully online?

Investing is quite a complicated procedure. To be able to invest effectively, creating profits rather than shrinking, it is not enough to simply learn the workings of the stock market. It is worth remembering that the price of a company's stock depends on a number of external factors that need to be considered when investing, such as the political scenario in the country, international economic relations and the country's financial laws, the international market, international political trends, etc. It is also worth paying attention to whether the firm in question is creating a given service or product, whether it intends to expand further or, conversely, whether it is about to close down. It makes sense to keep an eye on companies in which you would like to invest money. At the same time, we suggest that you only use verified sources of information.

So, having outlined all of the above, let's figure out where to start investing:

  • find a decent online broker;
  • register with an online platform for online investing;
  • review the tutorials available on the platform;
  • try out transactions using the free demo account;
  • monitor political and economic news in South Africa;
  • follow political and economic news in your home country;
  • follow global information to understand global trends.

Like any action in general, investing requires an all-round passion for the procedure.

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GENERAL RISK WARNING
The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose