Hello everybody,
I am a newbie member of bitcointalk forum. I want to share with you the story of how my life has changed because of Bitcoin. I think this story inspires some of you who are still hesitant about Bitcoin.
I live in Bangladesh, a country with a very poor economy and bitcoin banned. I am a teacher in a local school. I earn a small amount of money which ends up covering my household expenses. I had no savings, no investments, no hope for the future.
One day, I came to know about Bitcoin from one of my elder brothers. He said, Bitcoin is a digital currency that was coined by Satoshi Nakamoto in 2009 and Bitcoin can be traded online. He also said that the supply of bitcoins is limited. There is only a supply of 21 million bitcoins, and this causes the price of bitcoin to increase over time.
I decided to learn more about Bitcoin after listening to his words. I found this Bitcointalk forum after searching on YouTube & Google. From here I have read many posts about Bitcoin which explain the basics of Bitcoin. I was surprised by the demand for Bitcoin. I then decided to buy some bitcoins with a small portion of my salary.
I bought 0.01 BTC with 10000 BDT from Binance Exchange in September 2020. 1 BTC cost about 1 million BDT then. I stored my bitcoins in a secure wallet that I controlled myself. I didn't tell anyone about my Bitcoin trading because I was afraid of being scammed or hacked.
I continued to buy some more bitcoins with some of my salary every month.I learned how to use bitcoin better, like using different wallets when making transactions, using VPN to protect my private information and using a hardware wallet to store my bitcoins offline. I became more familiar with Bitcoin.
At one point I noticed that the price of Bitcoin was constantly rising. Bitcoin price reached 2 million BDT in December 2020, 4 million BDT in March 2021, 8 million BDT in June 2021 and 16 million BDT in September 2021. I was once again surprised by the demand for Bitcoin transactions. My 0.01 BTC is now worth 160,000 BDT, 16 times the price of Bitcoin in one year!
I realized that Bitcoin is not only a digital currency, but it can create financial freedom for many more poor people like me. I decided to buy some more bitcoins and I will make my life better and more comfortable. I quit my teaching job and started working an online freelancer so that I can earn more. I bought myself a new laptop, a smartphone and a computer. I helped the poor with some expenses and loans.
I still have some bitcoins in my wallet, which I plan to keep for a long time. I believe the price of Bitcoin will increase further in the future and the demand for Bitcoin will increase. There are other aspects of Bitcoin such as: Mining, Lightning Network, Smart Contracts, etc. I want to learn more about and contribute to the development of Bitcoin.
Bitcoin has changed my life a lot and I want to express my gratitude to Bitcoin. I would also like to thank this Bitcointalk forum for providing a lot of important information about Bitcoin. Give Bitcoin a try, Bitcoin will surely change your life too.
Thank you for reading my life story and have a good day!
BTC uncovers great opportunites, I think that the best investment strategy is lon-term hodling (I'd rather not call it an investment - it's just like buying something valuable). I think that there is a chance to get some profit out of btc savings in a couple of years. Moreover, in case of dollar (or other fiat) inflation there is a chance to save the invested money (however, its just a chance, not guarantee)...