Post
Topic
Board Bitcoin Discussion
Re: Investing in Bitcoins with Masonry Earnings.
by
wxa7115
on 06/12/2023, 01:13:59 UTC
I have studied till 10th standard. Then my family didn't have money to send me further education for which I took a job in a garment company and worked there for two years.
I was dismissed from that garment company as I had no work experience.For which now I have chosen a profession that is Masonry.I have been doing this for about a month. But I was involved with Cryptocurrencies while in school because my friend was very expert in this crypto currency and I used to take ideas from him and try to learn from time to time.
I earn around 600 to 700 taka daily in our local currency doing this mason work which is enough for me.
I was told by my family to deposit some of my earned money in the bank but I did not agree.I ignored them and decided to invest some of my earned money in bitcoin instead of keeping it in the bank and hold the bitcoin.
I mentioned this to you because I invested in Bitcoin with Mason's money.

I started investing in bitcoins with a dollar amount that I earned from a day's work as a mason.Maybe my invested bitcoin amount is not much but I want to start with very small amount at first since my income is very low.

I bought $5 worth of bitcoins today.This $5 amount means a lot to me because this is my first bitcoin investment in my life.I want to hold my invested bitcoins for a long time and add more bitcoins to these bitcoins in the future.
This is a difficult case, while we often encourage people to invest in bitcoin whatever they can, when taking into account the fees that we could need to pay once we are in the middle of the bull run and Ordinals once again congest the network, the fees you may need to pay seem too high compared to the amount of bitcoin you are buying.

If I was in your shoes I will probably look into trying to start a very small business with that money, so I could multiply it that way instead of investing in bitcoin.