My personal savings now I will invest in Bitcoin

[fuguebtc]

Saving money in Bitcoin is the right choice in the midst of uncertain economic conditions, immediately withdraw all your money in the bank and then convert it into Bitcoin. You can control your assets every day without having to use bank services, besides that your assets will be safer than you entrusting the bank which often goes bankrupt.
They do not dare to publish what actually happened for fear that the level of public trust in the Bank will decrease, the situation that occurs cannot be separated from the role of the government behind it. Never hesitate to invest your money in Bitcoin, in the midst of an unstable economic condition like what is happening in your country, Bitcoin is the right solution for saving money.

Do you put all your savings in bitcoin? Have you ever thought about what happens when you put all your savings in bitcoin and bitcoin gets dumped? I don't think your advice is really wise. Bitcoin is very volatile and it is only suitable for investment, it is not suitable for saving money.

If your country's banks are no longer safe, you should keep cash, gold and bitcoin. I mean, you should diversify your assets, don't put all your eggs in one basket. Cash for everyday needs, savings for emergencies, and bitcoins to invest.

[1714621374]

1714621374

[1714621374]

1714621374

[1714621374]

1714621374

[1714621374]

1714621374

[Inwestour]

Is 1800$ the only amount you have? Investing in bitcoin is a good investment, but investing all of our money in it is not a good idea as the future is unpredictable, so never put all your eggs in one basket. No matter how bad the crisis is, cash is always needed in all cases, so I advise you to have a reasonable allocation to avoid difficulties in life. You should only invest 50% of it in bitcoin, and the rest you should save in cash for everyday expenses and emergencies.

One of the most important things, your country is still banning bitcoin, so be careful with your bitcoin investment if you don't want more trouble.

In fact, this is a very small amount so that you can count on a good profit, but everyone invests as much as they can and how much they can. And you are right, it would be good to leave some kind of reserve from this amount, for unforeseen expenses, or perhaps even for everyday expenses, if these are all available funds.

To get a good result, you should also think about increasing your investment, because if you invest 1k in bitcoin and it grows to 100k, investments will bring only a few thousand, this can hardly be called a good result. Otherwise, the market is now entering a phase where we see good growth and there is a positive, perhaps a bull market is already beginning.

[Compromise me]

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

You choice is good to invest own asset in Bitcoin.I understand Bangaladesh economy condition and Bangaladesh mainly bankr are rupt so this situation asset invest in bank is very risk.Bitcion is Decentralized and it profit hi very high as compare to bank . But my advice if you invest all asset in Bitcoin so you have make longterm investment from Which you can good profit .
But bank invest and Bitcoin investment very different because bank pay a fixed profit and provide AP security own customer and Bitcoin investment is you mind gaming and your   analysis form  investment .so it can also be a risky.

[Blitzboy]

Saving money in Bitcoin is the right choice in the midst of uncertain economic conditions, immediately withdraw all your money in the bank and then convert it into Bitcoin. You can control your assets every day without having to use bank services, besides that your assets will be safer than you entrusting the bank which often goes bankrupt.
They do not dare to publish what actually happened for fear that the level of public trust in the Bank will decrease, the situation that occurs cannot be separated from the role of the government behind it. Never hesitate to invest your money in Bitcoin, in the midst of an unstable economic condition like what is happening in your country, Bitcoin is the right solution for saving money.

I've always believed in Bitcoin as "digital gold"! Bitcoin, like precious metals, may hedge economic uncertainty. This doesnt mean you should liquidate your bank accounts and buy Bitcoin. Thats like plunging straight into a pool without checking the water level - fun, but dangerous!

Bitcoin is promising yet volatile. If the market flips, its big rewards can turn bitter. Banks are regulated places to hold money, despite their untrustworthiness. I understand your concerns about bank transparency and the government's role, however holding all your assets in Bitcoin may expose you to a different risk.

I propose a cooperative strategy, a balanced portfolio comprising Bitcoin, traditional assets, and possibly some promising cryptocurrencies. Thus, we may enjoy Bitcoin without risking anything.

[Vinaa77]

To be honest using savings or savings to get a share of this Bitcoin investment is good, and actually choosing Bitcoin in a larger percentage when compared to saving elsewhere we think Bitcoin is far more prioritized.

And I will do the same with you when you have decent savings, even if not in too large a quantity, but in this case we are more likely to split in the sense of using part of it to become Bitcoin investment assets and half of it for fast-need deposits in the form of Fiat in the country Alone. and the situation of self-needs also need to be considered.

[serjent05]

I want to invest my money in Bitcoin. I still don't understand if my decision is right, please let me know your opinion

Is 1800$ the only amount you have? Investing in bitcoin is a good investment, but investing all of our money in it is not a good idea as the future is unpredictable, so never put all your eggs in one basket. No matter how bad the crisis is, cash is always needed in all cases, so I advise you to have a reasonable allocation to avoid difficulties in life. You should only invest 50% of it in bitcoin, and the rest you should save in cash for everyday expenses and emergencies.

One of the most important things, your country is still banning bitcoin, so be careful with your bitcoin investment if you don't want more trouble.

I do not find any bad moves by @OP in thinking to invest his $1800 to bitcoin.  It is from some earlier investment and I believe @OP have his own job to maintain his financial needs and at the same time save some cash money.

I am also against an all-in act in an investment because a person needs money to maintain the expenses for his basic needs. I also think that a person must also save some funds for emergency and unexpected events.  But if a person have the luxury to invest huge money to Bitcoin without affecting the budget for his basic needs and emergency savings then I think there is no problem in investing to Bitcoin with the said huge amount.

[Framelover]

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

Do not invest your entire savings in bitcoin. As you already know that Investing in bitcoin is also a risky endeavor cuz of its volatility especially if you're uncertain about its potential outcomes. Given the circumstances you've mentioned, where traditional banking may face challenges, diversifying your investments can be a prudent approach. I advice you take half and start up a small business over there (i.e if you currently have no job doing), study the market, look for what's trendy and start up in a small way. You can invest the other half in bitcoin and hodl while you hope for the best.

[Popkon6]

It is better to base on right decision at right time. Because now is the best time to invest in bitcoins since you are trying to buy bitcoins with your saved money the objective is successful. Because at the beginning of this year, the price of Bitcoin was around 15.5k dollars, but currently the price of Bitcoin has exceeded 31 thousand dollars. So you can calculate yourself in the span of these few months it is never possible to get this benefit in double profit bank. So invest in Bitcoin fast and keep getting share of profit. @OP you have taken the right decision and very soon you buy bitcoins with your savings and hold long term.

[Bobrox]

Personally, has many advantage when saving fund invest in bitcoin than holding in the bank although as deposit fund because profitable earn under 5% each years based on in our Bank country. But difference profitable earn comparison when saving assets in bitcoin because one year later more than 30% until 50% depend investing in the right time.

I think OP have right decision by investing his personal saving fund to investing in Bitcoin, but you need back up fund when moment Bitcoin price as your assets going drop without have to sell all bitcoin assets and still have another saving for something urgent needed. Difference with OP have passive income from side job and investing saving fund in bitcoin will grow up one day later without have to sell when price down.

[Oilacris]

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

Do not invest your entire savings in bitcoin. As you already know that Investing in bitcoin is also a risky endeavor cuz of its volatility especially if you're uncertain about its potential outcomes. Given the circumstances you've mentioned, where traditional banking may face challenges, diversifying your investments can be a prudent approach. I advice you take half and start up a small business over there (i.e if you currently have no job doing), study the market, look for what's trendy and start up in a small way. You can invest the other half in bitcoin and hodl while you hope for the best.

A really very risky move to be done when you do have considered on investing your entire savings on Bitcoin which we know that there would be no guarantees if we do speak about profits because this

market is really that truly unpredictable and there's no way that we could be able to determine whether we do make profits or not on long term and also the profits you would made ever would be entirely
be depending on how much you had invested on the first place. If you have invested less then expect that you would get less or not with those huge multipliers in terms of gains but it doesnt mean that
you should be putting all of your savings on Bitcoin which i would say that it is really a risky move to be done because there's no assurance on this market on this regard.

Invest on what you can afford to lose as always because on the time that you would be experiencing failure then it wont hurt that much unlike if you do go all in then
you would definitely be that devastated if you have put it all which it isnt really that recommended in the first place.

[Smartvirus]

It is better to base on right decision at right time. Because now is the best time to invest in bitcoins since you are trying to buy bitcoins with your saved money the objective is successful.

I like to believe that there isn’t a right time to invest but obviously there we’ve got times that brings the lost benefits in the cryptospace. There are times that presents you with the most benefits if you’re able to hodl until it materializes. Unfortunately, the FUD that follows such peril times always seems over powering or convincing to most as a result, they fail to invest and that be a cause for regrets or Jen the market finally goes on a bullrun with price pump.
For those that aren’t able to pitch there tent on a precise decision, using DCA happens to be one of the best means to have your thing going while you engage in other activities that would increase you and enrich your portfolio.

[Franctoshi]

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 the 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 a 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

Being able to save about $1800 for 5 years means you can survive without this money and is likely the money that you can afford to lose. Investing in Bitcoin is a good idea since your local fiat currency is going down in value due to inflation and Bitcoin is an inflation hedge. All I have to say is that investment in digital currency like Bitcoin is risky, and you should be aware of that, don't go all in, invest with good DCA, and be patient with your investment just as you did with the money in the Bank.

[n0ne]

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 the 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 a 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

Being able to save about $1800 for 5 years means you can survive without this money and is likely the money that you can afford to lose. Investing in Bitcoin is a good idea since your local fiat currency is going down in value due to inflation and Bitcoin is an inflation hedge. All I have to say is that investment in digital currency like Bitcoin is risky, and you should be aware of that, don't go all in, invest with good DCA, and be patient with your investment just as you did with the money in the Bank.

Thats really a good saving. As stated op is able to have his life moving without the help of the savings. Investing into bitcoin is really good and the right choice. All around the world inflation is a big problem and op have taken the right decision. Whether it is bitcoin or something else, we shouldn't expect the return out of the investment at the shortest and it need to be given time. So long term focus is much important and we should be careful to enjoy profit, if there is growth happening in between.

[Bitcoin_people]

Since you have been familiar with Bitcoin for a long time, you must have good experience about it. If you bought Bitcoin and held it for a long time, you definitely made a good move. But since you are thinking of investing in this early stage then you need to be a bit experienced about the volatility of the market. Since you have been involved with Bitcoin for a long time, I think you have a good grasp on it. But the advice I will give you is that you better get a good experience with Cryptocurrency and later invest in it you will be better off. If you want to invest, you must first start with a small amount so that the risk is less and hold the invested money patiently.

[Iranus]

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 the 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 a 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

Being able to save about $1800 for 5 years means you can survive without this money and is likely the money that you can afford to lose. Investing in Bitcoin is a good idea since your local fiat currency is going down in value due to inflation and Bitcoin is an inflation hedge. All I have to say is that investment in digital currency like Bitcoin is risky, and you should be aware of that, don't go all in, invest with good DCA, and be patient with your investment just as you did with the money in the Bank.

Thats really a good saving. As stated op is able to have his life moving without the help of the savings. Investing into bitcoin is really good and the right choice. All around the world inflation is a big problem and op have taken the right decision. Whether it is bitcoin or something else, we shouldn't expect the return out of the investment at the shortest and it need to be given time. So long term focus is much important and we should be careful to enjoy profit, if there is growth happening in between.

It took him 5 years to save $1800, which means he could still live without it, but he wouldn't be willing to lose it. Because if he loses it, it will take him another 5 years to save, if it were you, would you be willing to lose it and spend another 5 years saving again? Bitcoin is a potential investment, but that doesn't mean you won't risk or lose money investing in it, so it would be a bad idea to invest all your savings in bitcoin.
Don't forget life is full of surprises, and to minimize risk, we should diversify our assets, why not invest 50% in bitcoin and 50% in savings?

[2girls]

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.

[Viscore]

Before investing in Bitcoin make sure you have a thorough knowledge of what you will investing. If you are hesitant and you still don't understand your decision you try to invest in a small amount because actual trading could be the best teacher. Also make sure that you will invest only what you can afford to loose. Never  invest all what you have you can diversify it or do the dollar cost averaging. Think so many times before investing so that you will not regret it what ever happens to your investment. Assess yourself if you will keep that investment for a long time or you just wanted to do a fast trading. The decision would still be depends upon you.

because most beginners also just go along with friends' suggestions or what they see on social media ads. they purchase assets at random for their investment. even using money from the needs they have.
the basic concept of investing, they will benefit if they choose the right assets and also have the patience to achieve their investment plans. many beginners think they want to get profits in a short time by investing in Bitcoin. and clearly it is the wrong owner.

That only proves that beginners are not aware and not really ready to invest in the potentials of bitcoin. But due to their high greed, they decide to invest quickly and expect immediate profits even if the knowledge and experience are not present. That’s why most newbies end up failing and losing their capital, simply because they don’t know what they are investing of and they don’t have right attitude towards bitcoin investing.

[Compromise me]

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.

[|MINER|]

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

[Willitivity]

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 to invest into Bitcoin, or let's say cryptocurrency in general. As everyone has already rightly suggested, don't put the whole $1800 into crypto. Keep portion free to use to meet other life needs. Also, the amount you're investing shouldn't be only on Bitcoin, diversify your investment, if you have a broader knowledge, You can also put some in stocks and metals.
From my own pov, given the market conditions now, I think you're better off with regular trading, long term right now is uncertain. In all you do, stay smart and make good moves.