I have been thinking about trading in Bitcoin for quite some time now. I have been involved with Bitcoin for a long time but am still thinking about investing here. I used to run DPS in bank for 30 dollars per month for 5 years, this DPS will complete 5 years this month. I'll get roughly $1800, I don't think it's much of a savings to keep that money in the bank. Bangladesh is suffering from severe dollar crisis due to which many banks are likely to go bankrupt. The names of those banks have not yet been published by any mass media. Because of the economic condition of Bangladesh, I want to invest my money in Bitcoin. I still don't understand if my decision is right, please let me know your opinion
I understand why people are investing their money in the bank because it's the safest way to do with the money they have. It's dangerous to carry money or put money in your house, so it's practical to save it in the bank. Those people who do not know Bitcoin will say that it's scam and not secured. Actually, investing in Bitcoin is very safe especially if you put the private key in the safe place. No one can stole Bitcoin from you as long as no one knows the private key. We don't have to afraid in the volatility because this is the reason why we have a chance to make our investment double in just a short period of time. So I suggest you to invest in Bitcoin but the decision is yours.