Bitcoin in a 3rd world country

Hi guys, I'm really new to Bitcoin. I'm from Honduras and I put up all my savings to buy Bitcoin recently in Feb, 2nd. I really don't know why I did it but I thought it was a good investment because here in my country keeping your money in the bank is useless (like 1% annual interest rate) and is not convenient to keep large amounts of cash due to the high crime rates. So I put up all my savings, even convinced my mom and family to buy and they did it!!. And to my surprise in less than 1 month it went from 37K to 56K USD. This is mind boggling and a life changing experience for me and my family. Maybe I'm dreaming but if it goes up even more I'll be able to buy a house or start some business here.

I really see now that BTC is the future, sadly not every one I talk about BTC understands or trusts it.

Thank you for this awesome community.



Submitted February 20, 2021 at 12:56PM by APRF2016 https://ift.tt/2ORnVop

Comments

Post a Comment

Popular posts from this blog

Coinmarketcap are listing BCH sites as BTC

Under here: https://coinmarketcap.com/currencies/bitcoin/ They have links to https://bitcoin.com/ and https://forum.bitcoin.com/ which are no longer BTC sites; they're BCH sites. I'm not good at twitter and don't have many followers but I've tweeted at them here: https://twitter.com/bitplane/status/955918445014585344 Can we raise awareness of this and get them to change it please? Submitted January 24, 2018 at 02:47AM by david-song http://ift.tt/2DtOW70
Read more

15 years of BTC Power Law

5 years ago I made a post in this subreddit showing that BTC is a power law: Price=A*days^n, (days from Genesis Block), n=5.8. Many didn't believe me and said the past doesn't predict the future. Well, after 5 years it turns out that BTC continues its power law behavior with similar exponent. A power law is not another formula or model but the same mathematical behavior behind river formation, mountains growth, cities development, GDP vs population, and metabolic rate. Everything important is ruled by power laws, so BTC. BTC is a force of Nature. Here is the original post: https://www.reddit.com/r/Bitcoin/comments/9cqi0k/bitcoin_power_law_over_10_year_period_all_the_way/ https://preview.redd.it/ygtk3bb1fkac1.png?width=3211&format=png&auto=webp&s=46261e53d34b1d904f72eaf159cfaaf2999290ba ​ Submitted January 05, 2024 at 11:26AM by Econophysicist1 https://ift.tt/sdnkAoG
Read more