I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.
Bitcoin is a currency which is also an asset, the price of bitcoin can go up and down depending on market demand, the more market needs bitcoin, the more expensive the price becomes. Bitcoin is decentralized and no one can control or freeze your bitcoins, unlike centralized banks which can freeze your money easily
However, if you plan to save your money in bitcoin, you should first study bitcoin price movements because they are very volatile. On the one hand you can make a profit and on the other hand you can also lose because of it. So you must have an analysis of what you do with bitcoin, so that you don't take the wrong steps in managing your finances.