Post
Topic
Board Bitcoin Discussion
Merits 2 from 2 users
Re: Investing in Bitcoin in Student Life
by
Bitcoin_people
on 07/05/2023, 23:31:11 UTC
⭐ Merited by JayJuanGee (1) ,fillippone (1)

1. What country are you from where Bitcoin is illegal?
Bangladesh is a small country in the Asian continent where buying bitcoins is illegal and a legal crime. Where we Be careful invest in Bitcoin, if law enforcement in our country finds out about Bitcoin investment, they will immediately jail us.

2. How much have you invested in Bitcoin so far?
OP has invested as much as he can afford. He said in the post that he is a student so he doesn't have that much money and they are very poor family. He originally invested BDT-10,000 per year and invested in Bitcoins from there. OP's number of exchanges is Average Dollar per BDT price {$1=৳110} (10000÷110)=$90.90. 1 BTC Average price $29000 Convert BTC ($90.90÷BTC29000) = BTC0.003134

3. Are there references to people losing trust in banks?
Of course, it is very difficult to trust the banks because several banks have gone bankrupt in Bangladesh before. However, all the banks that exist today are at risk of being declared bankrupt at any time. Due to which people are losing trust in banks and the current generation of youth trust Bitcoin. and the most saver than keeping money in the bank is to invest in bitcoins.
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