Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is my Bank
by
goldade
on 21/12/2020, 20:33:57 UTC
Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.

Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.

I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.

I just hope I made the right decision.

As much as bitcoin have quite a lot of advantages over the traditional banks, I believe it is still necessary, in this case, to open an account with a bank and keep some of your profits there.
Just like you said, investing in bitcoin is risky and all speculations or predictions of the future are not 100% accurate so it is advisable you keep some in the bank. At least, that's some security against risk of losing all