Is it good or bad to invest Bitcoin in developing countries?

[doc]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as Philippines and ny more. If you do have a answer, please state your thoughts and share it here. Thank you!

I think It's good idea to invest bitcoin at developing countries and others.
Because We need money to invest on it
So, if bitcoin is accepted at your country, I think we can invest bitcoin and altcoin.

[collinsjie]

It doesn't matter, the primary thing is that can you deposit and withdraw your assets in any country you are in? If this is certain, you can go ahead and invest.

[TopT3ns]

It doesn't matter, the primary thing is that can you deposit and withdraw your assets in any country you are in? If this is certain, you can go ahead and invest.

unfortunately there are some countries that do not give permission to accept payments using bitcoin which means there are countries that cannot give permission to accept payments using bitcoin in my opinion it becomes an important problem because when it is tracked it will make you depressed, unless you can find loopholes to overcome this like that and already understand in cyberspace.

[UNIVERSE]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as Philippines and ny more. If you do have a answer, please state your thoughts and share it here. Thank you!

Actually, I am a little bit confused about this question. Did he mean that he wants to invest Bitcoin in a developing country or is Investment in a developing country good enough?
I live in a developing country. So far, Bitcoin can really help me and many more people here to have income, moreover during this pandemic. Actually, not only Bitcoin but also all cryptocurrencies will help us in both developing and developed countries.

[LisaH]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as the Philippines and many more. If you do have an answer, please state your thoughts and share it here. Thank you!

Hey, this is Lisa and would like to discuss your question as I am an enthusiast about the crypto world and in my opinion, cryptocurrencies have it's own set of advantages and disadvantages. The investment in crypto is quite beneficial as it rewards you fewer transaction fees and higher gain. Bitcoin is different because, unlike altcoins, Bitcoin has created a new category and therefore has a network effect. Bitcoin will continue to be different because, unlike centralized coins, it is market-driven, immutable, and non-buyable.
For a few major reasons, crypto investments can be far riskier than many other types of investments: The cryptocurrency market is notorious for its volatility. The values of digital currencies fluctuate dramatically from one day to the next. The cryptocurrency market is unregulated. Bitcoin's high liquidity makes it an excellent investment vehicle for those seeking short-term profit. Because of their great market demand, digital currencies may potentially be a long-term investment and reduce inflation.

[masterrex]

IMO, I guess it depends on which developing country do you leave because some countries are imposing banned on Bitcoin and other cryptocurrencies, Anyway since you mention the Philippines which is my country there is no problem regarding buying and selling cryptocurrencies in my country I can say that the Philippines is one of the crypto friendly countries in the World. so there's nothing to worry about.

[Octoalts]

Bitcoin is a pretty good investment, be it long term or short term.  No matter in developing countries or not, Bitcoin is suitable to be invested in which country. In China, America, Europe, Russia, many of these countries have people investing in Bitcoin.

[arnold dudicove]

Bitcoin is a pretty good investment, be it long term or short term.  No matter in developing countries or not, Bitcoin is suitable to be invested in which country. In China, America, Europe, Russia, many of these countries have people investing in Bitcoin.

Yes, I think bitcoin is always good to invest in every countries, include developing countries.
It will good to give profit for their citizens.
But we need internet connection to transaction, So hopefully there's internet connection at your area.

[mlawson71]

I think that one thing one should always look out for, regardless of the country they live in, is scams. Don't fall for crypto scams, because they target developing and developed countries alike! There are no borders for greed, unfortunately.

[Noverteno]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as Philippines and ny more. If you do have a answer, please state your thoughts and share it here. Thank you!

How can you invest bitcoin in a specific country? In my opinion, we invest in specific projects, the team of which is registered in a specific country. However, all this is very conditional, because the project team can be associated with this country only by the place of registration, and it itself can be located and work in any other country.

[P2P]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as the Philippines and many more. If you do have an answer, please state your thoughts and share it here. Thank you!

Hey, this is Lisa and would like to discuss your question as I am an enthusiast about the crypto world and in my opinion, cryptocurrencies have it's own set of advantages and disadvantages. The investment in crypto is quite beneficial as it rewards you fewer transaction fees and higher gain. Bitcoin is different because, unlike altcoins, Bitcoin has created a new category and therefore has a network effect. Bitcoin will continue to be different because, unlike centralized coins, it is market-driven, immutable, and non-buyable.
For a few major reasons, crypto investments can be far riskier than many other types of investments: The cryptocurrency market is notorious for its volatility. The values of digital currencies fluctuate dramatically from one day to the next. The cryptocurrency market is unregulated. Bitcoin's high liquidity makes it an excellent investment vehicle for those seeking short-term profit. Because of their great market demand, digital currencies may potentially be a long-term investment and reduce inflation.

It is better to invest in bitcoin in developing countries. Developing countries give more importance to just work. They value time more. So when they invest in bitcoin in their country, they use it to make money. And give our money back to us in the mountains.

[Batch18-19]

I think now is not the perfect time to invest in Bitcoin. Because the price of bitcoin has already pumped up a lot. At any time the market may go down again. So if you invest in Bitcoin now, it will be risky. So if you want to invest in Bitcoin then you must monitor the market regularly for a few days then if you want you can invest in Bitcoin platform.

[JGambang]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as Philippines and ny more. If you do have a answer, please state your thoughts and share it here. Thank you!

a question for you, should you invest directly in developing countries? because of the nature of crypto there is no limit, obviously you can do it and you don't need to be in the country you want to invest in, just from where you live.

maybe investment in projects carried out by developing countries that you want right? once again crypto has the opportunity you can do anything with and what you have as long as it will be profitable for you.

How can you invest bitcoin in a specific country? In my opinion, we invest in specific projects, the team of which is registered in a specific country. However, all this is very conditional, because the project team can be associated with this country only by the place of registration, and it itself can be located and work in any other country.

This is also a question from me, why does it seem like there are restrictions when the nature of crypto is that it cannot limit and has no barriers to prevent anything as an investor from doing so.
maybe you are right that our colleague may want to invest in a project located in a certain country and I think there is no problem, because crypto cannot limit the movement of investors to invest their funds in projects in certain countries.

[Dork]

We will all invest in developing countries. It is better to invest in bitcoin in developing countries. This is what many of us know. There are many countries from which you will stay away from investing. Many countries talk about investment and leave with your money.

[Tubelight]

Bitcoin or cryptocurrency has already been approved in many countries of the world. The Indian government approved cryptocurrency in their country. But they again rejected that approval. But now one of the best coins to invest in is Bitcoin. For the past few days, the price of bitcoin has been rising uncontrollably. So if at this time If you can invest in Bitcoin then you can benefit later.