Wirex is also an option, they allow to withdraw funds at ATM and I think they are available in.USA. Hoewever there is a monthly limit and fee for cash withdrawal but they also have an option to transfer funds to bank account if that suits you. Anyway, I think we don't have enough Bitcoin debit card providers on the market so I beleive this will change soon.
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You can count on luck.and random.profit for a while but that will not last long. If you want to be serious trader you need a plan or better to say you need to develope your strategy, define your goals on long term and short term and see how much you can invest to get there. Don't underestimate the importance of planning, it might help you to be more successful.
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I beleive that crypto banks are the future. Crypto related financial services will be more and more popular and crypto banks could offer them. Still without proper regulation I don't think this will be possible Although some fear that crypto banks are opposite to essencial idea of Bitcoin and that they might violate Bitcoin decentralization and independency I don't agree with such attitude.
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I can agree that is always better to teach people how to catch a fish instead of just giving them one. That applies for Bitcoin too so teaching people about Bitcoin and how to use it might help people of Africa. Still not all will be successful and not all can have access to Bitcoin and therefore charity is unfortunately still something we can't avoid.
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I wouldn't like to disappoint you, but I think you should be reminded that the goal of a forum, any forum, is not to make money.
I agree but many users see this forum exactly as an opportunity for making money. Often they think this is easy but once they try they will figure out it's not. Still I think that this forum it's good combination of sharing knowledge and experience, getting informed and making new contacts but also opportunity to make some money as additional benefit.
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If you just follow and copy the strategies of top traders that doesn't mean you will be equaly successful. What works for them it doesn't necessary work for you. And I beleive they are top traders exactly because they developed their own strategy which is result of their work, knowledge and presence on the market. I don't think there is a receipe to become top traders others it would be enough just to follow that steps.
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There is no use in hating banks. They have the way they do their business that doesn't always suits us, often it's only for their best interest and they don't care about their clients much but still they will continue to exist for a long time. The way our societies and economies are arranged they can't survive without banks. But in a way we have a choice and cryptocurrencies are part of that choice so use it the best you can but still you can't avoid banks completely.
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All investors were common men once, don't forget that. It's the moment when you decide to take the step further that decides. People that want to become investors need to have good feeling for risk, ability to think quick and with cool head and make quick and bold decisions. Also to be able to recover fast and get on the feet again after a loss or bad investment. These are some characteristics that differ investor from a common man.
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It is recovering but I heard that current increase of Bitcoin is due to the Dollar price is going down so forex traders are shifting from forex to cryto. I have a friend who works in a bank and say the same thing, the volume in their trading platform decreased lately. This only shows more and more people are getting to know Cryptos and starting to accept and trade it. Unlike years ago where people are scared to even buy a few.
This is quite true, I have friends who works in a Bank and eh closely monitor the movement of the Dollar and when it (Dollar) is going up, the price of Bitcoin slightly go down. Looks like the forex traders are shifting back and fort from Bitcoin t forex but anyway, I still think that Chinse ghost month also has a factor on the sudden drop of BTC price. This is still in the range of speculation because direct connection between Bitcoin and US dollar can't be proved and if and how dollar actually affects Bitcoin price. Also we can't tell for sure if current correction is connected with dollar or China. Anyway, many expected a great deal from 2019 and Bitcoin price has recovered partialy but this is still far from expectations and it's hard to tell with what price Bitcoin will end this year.
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No one can't be spared from fake news these days, it's a new epidemia. We can't trust everything we hear or read in media, especially social media. Crypto world is not excluded from that. Still serious platforms like Coindesk and Cointelegraph should be more careful and check what kind of information are they giving public. They should be aware how much damage fake news could do.
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The good news is to see that companies are getting flexible and that cryptocurrencies could be the option for salary. Personally I wouldn't prefere that because of volatility and lack of regulation but it's good to have the choice. With time I guess more and more companies will adopt such concept but employees need to have the final decison.
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Well, current price shows that prediction was completely wrong, as expected. But the problem is that users very often believe in such predictions, like persons who put them public were some kind of Bitcoin prophets. Then the problems appear because they also make their investment decisions on such predictions and at the end they get disappointed. Will they ever learn?
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Bitcoin is being demonized as a weapon of criminals and mafias by the mainstream media, despite the fact that less than 2% of the transactions are illegitimate (as per studies done by the Massachusetts Institute of Technology). With Bitcoin mixers, this proportion will be much higher. So we can expect an even more hostile reaction.
Not only media are hostile but I think that reason for that is ignorance, not necessary bad intention. People don't know enough about the Bitcoin and don't understand it. And people are afraid of unknown. Once you get bad reputation like Bitcoin did, that is hard to change although not impossible. I think that will change for the better but it takes time and lot of education and positive promotion.
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We've seen so many such prediction before and I really can't understand like people stick to that. It's like it will come true just because someone said it, like these so called Bitcoin experts or predictors are some kind of prophets. The more exaggerated prediction is, the more people trust it. Don't beleive everything you hear or read.
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Not for all is a gift, some see it as a tragedy. We all see here on forum drama and panic every time when Bitcoin price goes down so I conclude that many doesn't see price fall as an opportunity for buying but only imagine potential loss. I always say that Bitcoin is the best investment on long term. Investment based on short term predictions are always more risky and every Bitcoin investor should have a broader picture.
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At least once we all had the feeling that we are selling at the wrong time. But there is actually no good or bad time, it's depending on your estimation and if you need the money at that moment. It's important that you not generate the loss but there will always be situations when you will think that you sold too soon and that you could have made bigger profit.
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Unfortunately the list of hacked exchanges is getting biggee, it's like they are easy prey for criminals. This is a huge problem for users and I beleive exchanges should invest more in security and put more efforts to protect the users. It's an additional investment for them but without that they will not survive.
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To be honest my family isn't familiar with fact that I'm involved in Bitcoin. I never thought they would be interested to know that or to be included by themselves. Several times we tried to talk about that but they showed no interest so I gave up. If people are open minded and interested in new technologies and solutions you will get their support and understanding. If not they would probably think you are weird or involved in something illegal.
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Money is always where politics is and vice versa. Money is very strong and persuasive tool opening all door, it can buy you power and influence and there is no use in denying it. Also, many people enter politics just because of money, only having in mind material aspect and not greater good. Since cryptocurrencies are money too in very wide sense or at least have certain value that could be turn into real money no wonder they become bigger and bigger issues for global society
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In my country Bitcoin and cryptocurrencies in general are still not defined. There is no formal regulation about it from central bank, tax authorities or similar so users often get confused especially when it comes to taxation. At certain moment of time many people started to use Bitcoin and I thought we will get rather large community but that didn't happen and we still depend on some enthusiasts.
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