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
Good decision you have taken. In my personal opinion I think that the way the inflation is increasing it will be always good to avoid your fund to deposit on the banks. Because I think depositing on bank I.e. holding your fund on fiat currency is just to decreasing your fund value. So in this case Bitcoin can be a good solution for this it is secure and can be more beneficial for the long term investment. Good luck to you Hope you can gain a good amount on the bull