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
Your decision to invest in Bitcoin is absolutely right. Bitcoin is the only crypto currency where you can make your investment without worry. Many people still keep their money in the bank because they believe that their money is safer in the bank. If a country's economy is weak, then after their currency devalues, the value of their money also decreases. As you are talking about your country's bank there are risks of their bankruptcy. Investing in Bitcoin puts your capital under your own control, and whenever the price of Bitcoin rises, the value of your capital will also increase.
The only thing you have to be careful of is that whenever you invest in Bitcoin, try to take an entry at a good time, because right time entry can give you good profit. I appreciate your decision to invest in Bitcoin.
I appreciate you decision and appreciate you analysis for Bitcoin.Expart analysis says that if look all market position and Bitcoin price is about to begin bull because whenever doller crashed the Bitcoin price bull and Doller bull Bitcoin price crashed .If look the expert analysis and charts so the doller is crashing so we hope the bull run is coming in all crypto market and Bitcoin . So I have the same advice for OP If you will good profit form Bitcoin so this time is right to investing best of luck OP.