A friend suggested Bitcoin to me about 1 year ago. I have been trying to learn the history of Bitcoin ever since. How to earn from Bitcoin, I learned that investing will make profit or loss. Success can never be achieved without risk. Then I became interested in investing in Bitcoin. My family is a very poor family. I am studying now and earning BDT 7000 per month from tuition, BDT 3000 I spend on running my household. BDT 3000 is my monthly expenses and I save BDT 1000, I save around BDT 10000 in a year and invest in Bitcoin. I will hold the investment for a long time. According to many researchers, we will soon see a bull market. Bitcoin will be over $100K in 2025
But the main thing is that bitcoin is still illegal in our country, I invested bitcoin very carefully.
Lately I think it is better to invest in bitcoins than depositing money in the bank. Day by day people have lost trust in banks. It is heard that many banks are going bankrupt and closing down.
Truth be told, Bitcoin is illegal in a lot of countries but trust me the same people that made it illegal are still siphoning money through bitcoin. It's simply difficult to trace your transaction. I think the other question to this is "is it too late to invest in bitcoin?".. Bitcoin already is a good investment for early investors. I can't say for those wanting to go into the market today
It's never too late in this case, even though we will find a lot of drama like some fud or whatever it is that makes bitcoin corrected but when talking about late or not I don't think there will be anything like that.
The progress of bitcoin over the past decade has been quite good and of course by looking at progress like this alone we can know that in the future this will also still be very good.
Although again when there is some news about legality in a country that is still always one of the things that matter to the panic of some people about bitcoin correction or even crash but I am sure when talking about the longer term it will not be too influential and this is a choice whether we are ready to go through such a process or not.
As long as we can enjoy the process then believe me I think it will be fine and will actually be profitable.