Bangladesh is a poor country just like my country and you say $1,800 isn't much? Really?

Investing into Bitcoin at a time like this will be a great decision you will be making. Apart from the fact that the market is expectant of a bull rally soon (that's if we aren't in it already) because of Bitcoin halving next year, putting it in it serves as an anti-inflation strategy. Cash poured into Bitcoin never loses its value.

Great thinking. Bitcoin investment is more profitable i think. You want to invest on Bitcoin it will best decision there has no doubt. Your DPS will be matured within this month and you want to invest on bitcoin it is best decision i thinl. Because in your country bitcoin is still illegal. And you could not trust on your local bank. So overall considering my advice Bitcoin investment is better for you. And i think your Invest on Bitcoin  is appropriate. I think it will be best use of your money.

Way to go actually! Really pays you to listen to the news sometimes.

In any case I'd highly suggest you liquidate some of that money you got into your emergency funds if you have any, and then the rest can be saved into bitcoin. That way you'd have money you can play around with should things worsen in Bangladesh without having to touch your bitcoin investments yeah? I'm thinking you should also look into investing into other forms of assets like real estate, that way you can diversify your portfolio and maximize your profits while minimizing your potential losses. As we all know bitcoin's great for long-term investment but if you're looking into short-term profits it's not really the best one out there no thanks to its high volatility rate, so following these advices will surely give you the best chance at claiming profits even if Bangladesh's situation worsens.

The world is still not fiat less. Also, Bitcoin is not a currency that has been adopted around the world. And you are talking about Bangladesh. Mate, I am from Bangladesh too. I can understand your situation. But always be cautious. The current situation of banks is getting worse day by day. It will be no surprise if they file bankruptcy in 3-4 months. We are in a situation where we are unable to choose either side. Crypto will put you in trouble and you might get put into jail. Just owning cryptocurrency of any kind can lead to this situation. So you need to keep your privacy safe first.

Then there's the problem of bankruptcy. If you withdraw the money from the bank, you may keep them safe to yourself. But the value will decrease over time due to inflation or other events.

What we can do in this situation is to keep both as an option. Divide your assets into multiple sections. Invest in multiple places. Land, metals (gold/silver), other businesses, etc. Keep some assets in fiat. This will help you in emergency situations. Also, you can find more opportunities and invest in them later on.

Lastly, the most important thing. Are the money you are willing to invest something that you can afford to lose? If that's not the case, then don't do it.

While I am agreed about we must have cash and have bitcoin  but putting funds in bank for cryptonians like us is a big no no, the reason why we are in bitcoin investing is for not having a 3rd party interference so what about that banking ?
and also instead of telling to have some in banks? better to have it as cash than entrusting your money in bankers.
even a whole year expenses that is the reason that people needs to have their money on hand always ready and only spare money will be for crypto investments.

I think it's a fantastic idea that you want to invest in Bitcoin instead of leaving it in your bank, it's the same in my country, the quality of banks is mediocre, and basically keeping money in a bank where I live is a waste of money. . . That is why I also opted for BItcoin, it seemed like a way to make my money work in the long term, however I see Bitcoin as an investment method while if I want to save money so that it does not devalue, I do it in USDT, it seems another way to me safer option than a bank... on the other hand, if you plan to invest all your money in Bitcoin, I would not recommend it very much, leaving all your hopes pinned on an investment is not a good idea... You know what they say, no you should put all your eggs in one basket

I have laid out a general portfolio distribution and it depends on OP how he has to invest his savings.
In OP's case I would rather advice him to invest in bitcoin or gold or may be equally in both.
Since he mentioned a dollar fiat crisis in his country he should have some plan to liquidate his asset in case of emergency.
Gold will be a suitable option in that case.

You said trading while also wanting to invest your money here; are you talking about the same amount of money, or do you want to divide the money you have into two, one for trading bitcoin and one for investing in bitcoin? Because, dude, trading bitcoin and investing in bitcoin are not the same thing. I believe you should focus on one; however, investing in bitcoin is a great thing if you are willing to take the risk that generally comes with the investment; nevertheless, before investing, you should do more study about what you are going to put your money into for your piece of mind.


I don't think it's appropriate to counsel you on what to do with your money, whether to invest it in bitcoin or use it in another way, so because you indicated before that you've been involved with bitcoin for a long time, I believe you'll be the one to determine whether to invest or not.

With a serious approach, you will succeed with the right measure of self-discipline in investing. It is important to choose the moment of purchase. Let you have recently been on the forum, but I advise you to read and study the information in local trading topics, experienced people there will advise when it is better to buy bitcoin. After all, if you do not study the technical analysis of bitcoin charts, you can buy at an expensive price for the current moment, and after a while your deposit will decrease.

This is my guess:



For example, here is my forecast. You will see a description on the link. I will not duplicate it in translation. Translate it yourself from Russian, maybe it will be useful information for you.

https://bt.irlbtc.com/view/2235093.msg62517470#msg62517470

What I have observed regarding crypto investments is that when you have goals and desires related to crypto investment, you won't be afraid to risk everything on bitcoin and other crypto projects that fascinate you. You will continue to believe that what lies ahead for your crypto investment is worthwhile for you to take a risk now in order to achieve financial freedom. I can tell all this from what you said that you enjoy doing.

Since you have trained your mind to not be swayed by the price of bitcoin or other altcoins you want to invest in or have already invested in, I wouldn't suggest someone who lacks the mental fortitude to pursue the same action as you. Whether or not it will be financially advantageous for you or them.