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    Author Topic: Investing in Bitcoin in Student Life  (Read 2987 times)
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    June 23, 2023, 08:10:37 PM
    Merited by JayJuanGee (1)
     #241

    A friend suggested Bitcoin to me about 1 year ago. I have been trying to learn the history of Bitcoin ever since. How to earn from Bitcoin, I learned that investing will make profit or loss. Success can never be achieved without risk. Then I became interested in investing in Bitcoin. My family is a very poor family. I am studying now and earning BDT 7000 per month from tuition, BDT 3000 I spend on running my household. BDT 3000 is my monthly expenses and I save BDT 1000, I save around BDT 10000 in a year and invest in Bitcoin. I will hold the investment for a long time. According to many researchers, we will soon see a bull market. Bitcoin will be over $100K in 2025

    But the main thing is that bitcoin is still illegal in our country, I invested bitcoin very carefully.

    Lately I think it is better to invest in bitcoins than depositing money in the bank. Day by day people have lost trust in banks. It is heard that many banks are going bankrupt and closing down.
    I guess that it will be difficult for you to buy bitcoin even if you have money. Personally I won't take a risk on buying small amount of bitcoin if it is banned on my country unless the government is not actively seeking offenders and of course has an alternative way that you cannot be exposed on buying bitcoin or crypto. Buying bitcoin as a student is I believe a good move instead of putting it into banks, you should deep dive into learning how bitcoin economy works, I'm sure that you will be encourage more but don't rely on speculations that it will be a $100k in 2025. It's still a wild speculation but we never know when bull run arrives.

    To think is to act, obviously it's what the OP thinks about and it'll be difficult for him not to take the risks involved. This will facilitate his learning process and keep him atop of his peers or competitors in future. He sounds like a bright student and may have other strategies to backup his well thought out decision, if the government interfere in his bitcoin investment. The amount may not be seen as a barrier, he is far ahead of people who doesn't own a single sat. He invests on Bitcoin. And may experience the Bitcoin at 100k speculation even if it's not 2025. I agree with you that his decision at this stage is a creative one, if he is determinative on a different stage before he graduates.

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