Quote from: smile1218 on Today at 02:04:56 PM

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

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.

Glad that you follow your friends suggestion. I agree with you that investing in bitcoin is better than depositing money in the bank because for example you had deposited a huge amount in a bank the guaranteed only by insurance cannot cover the excess on their guaranteed insured amount. I like your determination to save to be able to invest, that is the spirit of positivity but of course you have to ensure that the money you are investing will not sacrifice your daily financial needs. Buy bitcoin in a low price and keep it for a long time to be able to generate profit.

If you put money in a bank, the control of that money is completely in the hands of the bank, so if the bank goes bankrupt, even if someone has millions of dollars, that person will still get a certain amount of insurance only. But keeping money in Bitcoin is completely under your control because almost all of us use non-custodial wallets to hold Bitcoins. So there is individual freedom of fund management and at the same time there is a possibility of higher profit than the bank and it is very potential