Quote from: red4slash on Today at 07:45:54 PM

Quote from: bayu7adi on Today at 04:57:55 PM

Quote from: Bd officer on May 07, 2023, 01:53:59 AM

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.

I have yet to witness these signs in my country. Indeed, it is true that some lesser-known and less competitive banks often open and close frequently. However, in the case of well-established banks in my country, their stock prices remain stable and even tend to rise each year. Up to this point, when I engage in conversations with stock investors, they suggest purchasing shares in safer banking institutions, each providing their own reasons. This indicates that the public's trust in banks still exists and continues to grow over time.

Nevertheless, this does not imply a decrease in trust towards Bitcoin. Despite its inability to be used for direct transactions, Bitcoin remains an alternative investment choice alongside stocks in my country.

There are several other conditions to be considered in this regard.
Indeed, there will be nothing that decreases with confidence if we were previously confident in bitcoin, but on the other hand in this case we also have to see which countries are indeed said.
Seeing from the OP's tweet at the beginning it was the Bangladesh area. AFAIK currently Bangladesh is still a little closed to bitcoin even though it will not discourage some people who are sure about bitcoin there, but on the other hand there are some things that can endanger themselves especially in conditions of violation because bitcoin is still something taboo and when there is not careful in bitcoin it could make them violate and get sanctions when caught.
This should be another consideration even though of course being in bitcoin even though it is with finances that are sometimes not too big but it can still be said to be quite good when it is consistent to do DCA I think it will be a little better but vigilance means that it must really be maintained because you don't want those of you who are in countries that are still not too friendly with bitcoin to experience something unwanted just because you are in bitcoin.

Lots of factors would affect out if ever you would tend to achieve or attain something.