Many friends in Taiwan 🇹🇼 still try to use bank cards to buy USDT.
But all transactions are rejected!
Why is that?
Most banks have set up anti-fraud measures, so when cards like Visa or MasterCard show signs of transactions related to crypto, the system will automatically recognize it.
Then it will block the transaction, which is why many people cannot buy USDT with their bank cards.
Of course, this reason is not something I made up.
To be more precise, before I switched to P2P USDT, I also often used bank cards to buy USDT.
I successfully completed 2 to 3 transactions, and then I got blocked. They blocked it without even informing me of the reason.
I don't understand why?
So I tried to figure it out by asking a bank staff, and that's when I learned about the issue.
From that point, I realized that the door to using bank cards to buy stablecoin USDT had closed.
So I moved to Binance P2P to trade directly with people in Taiwan.
I immediately encountered a high-level P2P trader, and so both parties maintained transactions with each other.
Until now, he has been my partner supplying USDT at market price.
That is why I switched to being a P2P USDT trader.
Ultimately, when one door closes, another door opens⚡️
If you are trading in the Taiwan market and want to buy USDT, feel free to inbox. #tether #Write2Earn $BTC $DOT $DOGE
$BTC When a person feels distrustful of the crypto market, they will turn to another market.
A market where they feel safe, which could be real estate, stocks, shares, gold, ….
These are the markets that always welcome you.
If you do not bow your head to the Bitcoin or crypto market, you will also bow your head to those stagnant markets (real estate, stocks, shares, SJC gold)
The other day, someone cashed out with me. Cashed out all USDT to fiat (New Taiwan Dollar) to enter the gold market.
In reality, it’s not at this price of 108k that you start complaining about the high price; you've been complaining since Bitcoin was at 15k, 20k, 30k.
Then Bitcoin went up to 50k, oh, the price is too high now.
It went up again to 70k, oh, the price is still high.
It went up to 100k, oh no, this price is too high.
It went up to 108k, and you continue to say the price is high.
So with Bitcoin, its price will continue to be high and even higher.
The price of Bitcoin will never turn back, only the people holding Bitcoin will turn back.
They will turn back by cashing out the amount of Bitcoin they are holding. After that, they will switch to playing with gold.
The system is stagnant water pooling.
And the real Bitcoin holders will continue to update with new price milestones.
Of course, in the short term, it may adjust and readjust, but it will continue to rise again. Just like that, just like that. #BTC #Write2Earn
$BTC Instead of buying ₿itcoin when the price was fluctuating around 105k, most people will jump in to buy ₿itcoin when the price is 200k. Even more than that. #bitcoin #BinanceSquareFamily
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