there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
The emergence of crypto currencies as technological advancement, has not only transformed the life of early investors, who seized opportunity by investing in it, but also it has opened up new opportunities for software developers who specialize in development of new projects and also provide support services on crypto exchanges. I personally benefited from my investment in early 2017 and harvested significant returns in 2021 during bull cycle.
Apart from being an investment opportunity, it can potentially change the current financial system to be decentralized and anti-inflationary one.
And indirectly actually the presence of bitcoin has helped all of us in taking full control of our own assets because of the decentralized nature of Bitcoin.
In fact, I think the presence of bitcoin has raised awareness about the importance of a decentralized financial system. Even though we still need a centralized system, if it's in terms of investment and storage then security in a decentralized system is guaranteed. because no one can touch our assets other than us who have our own wallet keys.
And about bitcoin investments that help our family economically, I experienced this a few days ago. Where I benefit from short-term investments and I give the profits to one of my family members who really needs money to pay off the loan.