Thanks. Hence, I apply for the nomad visa, get the driving licence and then call it a day? And if I want the my number card, I need to get the talent visa?
Borrow from Japan to invest in crypto
- Thread starter providenceventurer
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And then the account get a margin callsmi(&%smi(&%.No i have planned to stock up on some cryptos basically HODL
And......it's gone.
(It seems that animated gifs don't work on OCT)
Last edited: Jan 8, 2025
You could setup a grid trading strategy to take regular profits, and average down when it goes the wrong direction. It will work well for some time, until you lose everything.
Last edited: Jan 8, 2025
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Either way, you can lose everything. But why add a compmletely unrelated risk with a JPY loan? Just forget about this nonsense and do leverage if you cannot afford. If you do 100x and put in 10k, you lose 10k when it goes down by 1%. If you do 1x and put in 1m, you lose 10k when it goes down 1% (but you also lose 50k if JPY goes down 5% which is quite likely).
They work. But not animated webp. You can use
https://ezgif.com/webp-to-gif
Inverse correlation and/or low volatility on the borrowed asset.
Leverage is not carry trading.
You can also bet on a single number at the roulette, it's just a different game.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
100% this!
But OP is not even interested in carry trading. He is just trying to get low interest rates like the Hungarian CHF victims in the old days
https://www.npr.org/2012/01/31/146140750/for-hungarian-borrowers-a-mortgage-nightmare
He just wants to speculate on BTC. That's why my questoin was why to add the carry trade risks if you can speculate on BTC otherwise.
I am not into either.
He has no money. He wants to setup a loan scam in Japan and use the free JPY he gets to speculate on crypto with no risk.
Private individuals that follow this type of scheme infringe the law.
Corporations that do the same are called banks.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
If you already have a JP driving license, you can renew it on a tourist visa.
If you don't have one, but want it, you can check the immigration page for visa categories, they got lots of them now.
Cultural activities visa is for up to 3 years (dancing, ikebana, karate, etc) -> enough for driving license, if you want to learn Japanese you can get a student visa from some private institute -> enough for driving license, bank account, part time work, mynumber. Nomad visa -> enough for driving license.
But really, why would you want the my number card? I'd strongly suggest to avoid getting one if you can.
If it's for banking: Japanese banking isn't great, and especially bad for SWIFT transfers. Every time I used the most foreigner friendly bank to transfer money to my own account abroad, I got a 15 minutes call where they kept asking me if I am sending the money to North Korea, Iran, or some leather industry (!?!) abroad. EVERY F*CKING TIME. To my own account in the same name! And every transfer cost me 4000 yen then, plus 2% FX. All other banks charged 8000 yen btw, and that was when 1$ was around 86 yen.
They sent out the notification cards to apply for the mynumber card to everyone, and almost no one did it for 2 years or so. Then they created a program to lure people in by bribing them with 20,000 yen cashback, and most people went for the money (it was after COVID).
I avoided getting it for 2 years, I used the simple notification paper with the same number on it instead. The mynumber card system is highly insecure and has been knowingly breached already. It contains all your data, bio-metric photo, a RFID chip, and the same number stays with you for your WHOLE LIFE. You are supposed to keep it secret and away from everyone, but you can bet that sometime, somewhere during the time your identity gonna get stolen and sold to some Chinese immigrant. They use a plastic sleeve to hide the number, lol, but everywhere you need to give a copy of it, at your workplace, city hall, bank, everyone knows the number in the end anyway.
Currently, they already link everything to it: all your jobs, your income, all your bank accounts, income and other taxes, your residence address, your health insurance, doctor visits and health records, and is going to be soon even used for public transportation like busses and subway throughout the whole country (They already do it in limited areas since 2021: https://www.japan.go.jp/kizuna/2021/03/new_id_card_system.html ). No need for a tracking device or AI cameras, big brother will know everything about you. Total surveillance.
Seriously, Japan is famous for getting hacked all the time, just few days ago the huge Resona bank got hacked and breached (they are still offline), and almost every month stuff like that happens, even without hackers they keep loosing data everywhere: https://mothership.sg/2022/06/japanese-man-lost-usb/
Mt. Gox got hacked too. Are you Jed McCaleb? Ok, thanks but I cannot use PayPay without that card. That's my main problem. But yes, it is a pain. Maybe then better forget about it.
No I am just shy of 3 mill in my crypto usdt account mostly from P2P and other good businesses and i dont want to put that in risk .I would rather use other peoples money and speculate.If i win then i make a real bundle and pay back everyone if not i declare bankruptcy in that country and get lost from there. dead:-!I am pretty sure that Johnny and I will get along well - Johnny arrange the tickets for me and my mistress as discussed before .I could loan her to you for a few hours i will bring a russian model maybe.In return for the loaned russian model i would like to learn a few tricks from Johnny. smi(&%
Last edited: Jan 8, 2025
Yes, and you think that anybody will give you an unsecured loan at the advertised rates you read? Even Swiss credit cards will charge you well above 10%.
Yes, I would ask @JohnnyDoe. Pretty sure he is more willing to loan you some JPY than any bank you will ever find. stupi#21 stupi#21 stupi#21 stupi#21 stupi#21stupi#21
Or maybe check your spam folder, I am pretty sure you will find good loans at excellent rates, sometimes you don't even need to pay back at all.
Just found one. Here you go:
It came to me personally. You need to tell them that you are Daniel Smith from Norwich. They won't give out the money otherwise!
Last edited: Jan 8, 2025
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