Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.

@@bridgetrussell5903 In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly.

report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to

@@blessingngozi9205 People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!

Hello. It depends on the operator of the ATM. With our ATMs, you receive a code on paper and per SMS so that you can withdraw your funds.

Glad to hear it!

Glad it helped!

I understand the sentiment. Our markup is 10% on cash withdrawals and 12% on coin sales. It's definitely higher than what we would like, but they are so many costs to operating a BTM company that you wouldn't believe it. As we expand, we hope to optimize our operations so that we can offer lower markups.

@@bitmachina3004 10% to buy btc?

@@MXb7R 12% to buy BTC. However, we now charge 6% when you want to sell BTC to us.

@@bitmachina3004 hi went to a website registered made a deposit with my cc made money; now that I want to cash it I'm informed that need to pay 10% or 15% commission which is fine the challenge is in order for me withdraw the money I need to buy bitcoin for me to pay the commission is that trus?

@Gary Thompson how to know which company is good, do you have one that you can recommend?

There is no guarantee about profitability, no matter the amount of Bitcoins you buy.

No, we do not have yet a video for preselling. You can print a wallet on-the-spot if you don't have one on your phone.

Where can i find a BTM machine in Ontario Canada

@@almawave6072 There are a number of them in Toronto and around Ontario but not all of them you can withdraw at. In fact only a small percentage you can withdraw from.. most are just to sell BTC to you. If you looking at charts there is probably no better time to buy with prices bouncing off bottom.. With a Trillion dollars in the market, it likely isn't going to crash anytime soon... I think crypto here to stay.. but don't take this as financial advice.. just spitballing ideas..

Glad to hear it!

Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!

Regards, it's the fourth time I've seen positive reviews from this Mr. Ray, think I'll have to try.

It includes fees.

You can use Coinbase. Keep in mind that they charge a withdrawal fee and you have to add it on top of whatever amount of Bitcoin you are sending to an ATM.

Under $1,000, we ask for your phone number and date of birth. Between $1,000 and $9,999 we ask information to identify you such as your name and address and sometimes an ID. $10k and above, we don't allow, but we would have to ask for more information. We do all of this to comply with government regulations.

End of June 2022 it is around 21k$. Bear market is back, time to buy! 😁

Taxation regarding Bitcoin varies among countries. We suggest that you consult an accountant.

Hopefully you have a few devices and hotwalets a little bit of monero and you can hide your funds, dont just take btc or any other non privacy coin and think you can avoid taxation.

I sent a little bit more then amount and i never got it..

@@optionvice8926 If you used one of our machines, please contact info@bitmachina.ca for assistance

@@bitmachina3004 ill give it shot next time im strapped for cash thx m8.

You need a wallet to be able to send BTC to an ATM.

Excellent question! We currently only support Canadian phone numbers.

@@bitmachina3004 how exactly is this identity verification, because i see lots of holes in this, what do you need to operate this in USA?

@@squigglesmcjr199 I'm unaware of US laws. We are a Canadian company. Identity verifcation will become much more strict in Canada as of June 1st.

Yes

Hello. Our ATMs that allow you to sell your Bitcoin for cash are in Ottawa. We have three of them: Tyros Shawarma (5929 Jeanne D'Arc Blvd S), Shawarma Prince (4-484 Hazeldean Rd) and Super Convenience Mart (1-25 Tapiola Crescent). You can sell up to $5,000 worth of Bitcoin per day. We do not ask for ID, but we do ask you for a valid phone number.

@@bitmachina3004 do you have any locations in toronto?

@@sanmiladiti758 Not yet.

Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!

The process is roughly the same, though a little different. If you are in Ottawa, I suggest you use our ATMs: bitmachina.ca/locations/ontario/ottawa/

@@bitmachina3004 what is the max we can withdraw with each atms

@@sanmiladiti758 With our ATMs, $5,000.

The receipt is valid for one specific ATM. That being said, you can contact us if you wish to collect your cash at another ATM.

It depends on the laws and regulations of your country. In Canada, if you made a capital gain, then answer is yes.

@@bitmachina3004 thks man and I'm from Montreal Canada. Very appreciated man!!!

It depends on the ATM operator. We allow up to $5,000 per day ($1,000 in one shot.)

ATMs are usually expensive.

@@bitmachina3004 how expensive? Wut r the fees ??

@@dronetheworld4k67 Where I am in Canada the fee is 19%...

@@heatpete5106 19% from the BTC amount am trying to buy/acquire ?!?...

@@dronetheworld4k67 Yep, and selling is 15% Honey Badger ATM. What was even worse was the withdrawal was unavailable because the machine had no funds left in it.

Yes

The limit varies according to the operator. We allow for $4,995 per day for verified users; unverified, $930.

It probably could be done. Our machine doesn't support this feature as of now.

Stop being lazy. You sound like the government. Any government for that matter!

The process isn't the easiest, but Bitcoin is still a very new technology. We are confident it will get better with time.

It depends on the operator. With us, it's $995 for unverified customers and $4,995 for verified customers per day.

We identify customers through their phone numbers. As a regulated business in Canada, we cannot accept cash from everyone without at least having some information about them. If you want to exchange more than $995 per day, we also ask more questions in order to identify you; all companies have to do it, this is the law.

@@bitmachina3004 Thank you for your reply. Do you sell or give the phone number to anyone else?

@@yakovbrod9992 No, but if it so happens that the government asks us to give them the information we have about you because you are under investigation, we have to do it. Again, I'm only telling you what we have to do as a company under CANADIAN law. I cannot comment about the law of other countries.

@@bitmachina3004 Okay thank you very much. So it's fair to say you keep information as private as possible unless the government requires you to hand over any information? I just had to make sure since some companies that ask for your phone number in order to register on their website, then turn around and sell your information to other companies and you get plenty of spam calls.

@@yakovbrod9992 This is correct. The information is collected only in the case government requires us to hand it over.

Yes it is

Yes

Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!

No. It's a bitMachina ATM. However, bitMachina and HoneyBadger both use Genesis ATMs.

@@bitmachina3004 can i sell crypto on the same atm ?

@@FactForge.0 Yes. We have a few locations in Ottawa where you can sell your cryptos.

@@bitmachina3004 Do I need any id or phone number to sell crypto on this bitMachina ?

@@FactForge.0 ​ @Sajid chowdhury We require a phone number for all transactions. We require ID for transactions above $995. We do this to comply with government regulations.

It depends on your needs. For some people, it makes more sense to use those machines whereas for others, it makes more sense to go online.

@@bitmachina3004 Thank you, but thats such a vague answer.

@@deirdremorris9234 Indeed. Let me give you an example: some people have trouble buying or selling Bitcoins online because their bank block wire transfers to or from crypto-exchanges. Buying Bitcoins with cash or selling Bitcoins for cash is a way around the issue.

@@bitmachina3004 Thank you!!

@@bitmachina3004 you have right because I am trying like a week now to buy bitcoin and I cant buy online with my credit card, it’s bullshit

Revisit this comment in 10 years. You will be sorry.

@@Fearzero Chill dude. It's called humour. I bought some.

@@tell-it-like-it-is8305 Keep your day job.

@@Fearzero yep, I know. Digital currency is a side gig.

Not with our ATMs. Some ATMs might allow it.

Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!

You can buy and sell up to several thousand of dollars through the machine.

You can buy and sell up to several thousand of dollars through the machine.

Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!

It's indeed pretty complicated. It should get better with time as the technology improves.

The technology is still very new. We hope this will get better with time.

The technology is still very new. We hope this will get better with time.

@@bitmachina3004 thanks for the reply i can say this is the first time i have ever seen bitcoin to cash transaction via ATM the transaction looks very secure it just needs to be a bit more steam lined

Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.

@@suleimanadamumarafa7135 In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly.

report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to

@@bridgetrussell5903 People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

@jimswilliam6636 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season