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.
Making bitcoin as your bank is a risky decision. You need to learn and understand how volatile bitcoin is so there's a high chance that the money you put in will either go up or go low. Investments will always be risky, it will depend on you on how you can handle the hardships that you may face. Bitcoin is a complex investment, there are a lot of things you need to consider before you can become successful with your investments. Your decisions will be considered right if you will hustle your way in into proper investment in it. Any investment, even if it is not in bitcoin, commit and you will surely benefit.
Investing in bitcoin is only complicated when trading or trying to maximize yields beyond just holding. On the contrary, dollar cost averaging into bitcoin with money that you don't need to live on and simply holding is very easy and simple and certain to pay off in the long run.