Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Anthony Estiva on November 07, 2020, 08:42:30 AM

Title: Is it good or bad to invest Bitcoin in developing countries?
Post by: Anthony Estiva on November 07, 2020, 08:42:30 AM
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!
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: syedrasool2011 on November 08, 2020, 07:49:50 AM
I wait little bit because btc will fall to 12500$ and the but it for 2021 end.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: gODZILA72 on November 08, 2020, 10:45:54 PM
It is always profitable to invest in developing countries, but the risks are slightly higher! I think it is worthwhile to analyze a specific investment object well and consider everything from different angles in order to maximize the security of assets and increase the chances of success, I like such ideas, but they have a big risk!
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Prime on November 08, 2020, 10:53:10 PM
What is the correlation between Bitcoin investment and developing countries? I don't see a correlation between them, you can invest in Bitcoin everywhere. The government won't control it and regulate the investment in Bitcoin. Well, just invest in Bitcoin if you think you can and really has a big intention on it. Once you know how to invest correctly in Bitcoin, you will know how good it is.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Blue_sea on November 09, 2020, 09:40:55 PM
I don't see any problem to invest bitcoin in developing country or any other counties. It is not the fact. The fact is that can you invest and withdraw your money? If it is ok then no problem you can invest.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: MrSpasybo on November 09, 2020, 10:10:38 PM
In my opinion BTC is the future of money and investing in it is wise in any country. However, we also need to pay attention to the legal status of investing, mining, owning, trading and making profits from BTC in that country, because the development of a country does not mean the its openness towards crypto. BTC is an investment for the future, not to book a place in prison :)
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: gotbounty on November 09, 2020, 11:02:38 PM
Are you from Philippines? I think it is no problem to invest in Bitcoin or other crypto coins there. You can buy and invest in Bitcoin as much as you can. The rules of Bitcoin or crypto investment in Philippines may be a bit the same as in my country, Indonesia. Bitcoin is only not to be used for payment tools in my country. I don't know how in Philippines.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: sampoerna on November 09, 2020, 11:22:25 PM
Why not? I also live in a developing country. Here, I focus on the crypto work, not having a job in real life. Being a bounty hunter and also a trader. It is very possible to do that in every country. Especially for the country that needs a special moment for them. Additionally, we can also see how the regulation of the crypto itself. Everybody has their own chance to be more and more successful.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: TomPluz on November 10, 2020, 05:01:26 AM

As an investment vehicle, Bitcoin has proven to be a runaway leader on this aspect beating all other choices like stocks, gold, commodities and forex. However, right now, I think it is not good to enter it unless of course you are planning to trade it every day. When the value of a digital asset is pumping, there can be some risks of it doing some sudden retracement, and we don't know for sure when that can happen. You should have made an entrance when Bitcoin was just hovering in the $10-11K vicinity that would have been a profitable move. Anyway, it is your money so it is your call.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: anshor1 on November 10, 2020, 05:59:28 AM
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 If the internet connection is good at there, It is not problem mate. it is really good to invest bitcoin in developing countries. They can learn about digital currency and addopt block chain technology. Because In my opinion, digital era will come soon.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Black ID on November 10, 2020, 06:40:00 AM
In my opinion, regardless of the shape of the country, both developed and developing countries, all have the same opportunity to invest in bitcoin. There is nothing wrong, if you have enough capital, then it is okay to invest in bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Tnoy30 on November 10, 2020, 07:30:13 AM
It is possible to invest in Bitcoin from all over the world. If you want to invest in bitcoin, you can do it from all over the world. All countries of the world are open to invest from exchanges. However, users of all countries are not allowed to trade on some exchanges. However, bitcoin transactions are worldwide. I think there are no barriers to investing. Anyone can invest in bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Sentinel on November 10, 2020, 07:48:25 AM
I think it's good. Because this is a developing country, we need investments that yield quickly so that our lives are also better. And bitcoin is the right choice.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: dekafee79 on November 10, 2020, 03:00:54 PM
I think it's good. Because this is a developing country, we need investments that yield quickly so that our lives are also better. And bitcoin is the right choice.

Yes, I agree with you, in developing countries have needed Investment.  Not only Investment mate, I think in developing countries also need  technology. They can addopt block chain technology for their companies and transactions.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: rizqillah on November 11, 2020, 03:44:16 AM
Why not? I also live in a developing country. Here, I focus on the crypto work, not having a job in real life. Being a bounty hunter and also a trader. It is very possible to do that in every country. Especially for the country that needs a special moment for them. Additionally, we can also see how the regulation of the crypto itself. Everybody has their own chance to be more and more successful.

I see many people at this forum also do that.  But I personally have real job, Crypto currency is another job. I have join bounty campaign and do trading . I really enjoyed this. I agree I think It is good to Invest bitcoin and other  at developing countries.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Istiak on November 11, 2020, 05:31:36 AM
Bitcoin is not anyone's property. It is a decentralized ecosystem and this is always a good investment opportunity no matter where you live. You can check BTC potential growth for the past few years. This will shock you.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Arendra on November 11, 2020, 01:38:36 PM
because bitcoin is an independent investment, there is absolutely no government interference. So I think there is no problem if you live in a developing country and want to invest in bitcoin. In fact, this is a good opportunity.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: jakasantosa on November 11, 2020, 06:14:55 PM
As long as we can invest in Bitcoin. wherever we are and can access the crypto market and can exchange Fiat money into cryto coins, especially bitcoin. We can invest even in developing countries. As long as the government does not take firm action to prohibit bitcoin like countries that have not legalized bitcoin, we can do that.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Master107 on November 11, 2020, 07:05:19 PM
As far as I know bitcoin investment in Philippines is not restricted neither legal. Filipinos who are interested with bitcoin will invest secretly. It wasn't allowed to broadcast your bitcoin investment because banks are afraid that people will stop the banking system. The government do their responsibility to control news on air with regards to bitcoin. Most of the time bad news like millions of dollars got scammed. This is one way to influence the people about the negative impact of bitcoin investment. However, there are a lot of Filipinos who invest and remains on bitcoin investment.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Cryptoz on November 11, 2020, 11:21:49 PM
Totally not. Bitcoin is available and suitable for all countries in the world. No matter it is a developed or developing country, as long as we want to learn and also focus on them, we can really make our own profits. what we need is the legalization regulation of the bitcoin in our country in order to make every transaction easy
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: alltalk on November 12, 2020, 12:00:03 AM
No need to worry as long as you have a local exchange there. You can easily convert your Bitcoin to your national currency. I have joined Bitcoin and my country is also a developing country. I have no problem at all since there are no obstacles to convert your Bitcoin. It is different if you cannot convert your Bitcoin to currency. Anyway, even if you have no local exchange you still can do it even it is a bit complicated.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: DAMKAR on November 12, 2020, 04:13:36 AM
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!

In my opinion always good for investment in every where. At developing countries is a good place to invest bitcoin too. Because they will need Investment and technology. Bitcoin is more popular now and really good block chain technology.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: flyaccount on November 12, 2020, 06:57:26 AM
I think it is okay for any type of country to invest in bitcoin. Because the government does not interfere in this investment. And indeed anyone can invest in bitcoin. so if you really want to invest, why not?
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Quart on November 12, 2020, 11:36:33 PM
There is no obstacle to be found whether you are in a developing country or not. The only reason is is it legal or not in a country. Today, many countries have decided and aso have regulation about BTC. Mostly they ar elegal for certain pruposes. And here, I believe many people in developing countries are also welcome to it
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: ayatoslaw on November 13, 2020, 12:26:57 AM
Developing countries or not is not a reason for someone to be afraid to invest in bitcoin,
as long as you can access exchange sites such as binance, coins ph, okex etc then you can invest in bitcoin,
good or bad it depends on how you value bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: IvugeoEvolutionCoin on November 13, 2020, 05:12:41 AM
I think if there is a country that develops cryptocurrency technology for economic and technological development then it is a very smart choice because it can take advantage of bitcoin as the best alternative.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Alcor on November 13, 2020, 05:46:38 AM
Bitcoin can be invested not in a country, but in a specific commercial project located in a specific country, since today it is hardly possible to find national government programs in which one could invest in bitcoins.  If it is a commercial project, then it is profitable or not profitable to invest in it, depends on the project itself.  It is very difficult to say anything in advance here.  Many worthy firms from developed countries locate their production facilities in developing countries to be closer to raw materials, and they work successfully.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Delgboke on November 13, 2020, 06:57:08 AM
In my opinion it is good to note bitcoin investment in developed countries is quite good idea because most developed countries are organise and reliable in times of refund if anything goes wrong based on the system of their government,
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Msweet on November 13, 2020, 08:46:58 AM
If you have invested in Bitcoin then you will definitely benefit as the price of Bitcoin is rising now.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Btceth01 on November 13, 2020, 10:07:55 AM
It is very bad to invest in bitcoin in developing countries.  Because almost all the people in this country are poor.  If they use their money for all these activities, they will never be able to make a profit.  And all these things should not be invested in developing countries.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Lorix on November 13, 2020, 10:12:14 AM
It is possible to invest in Bitcoin from any country. Various exchanges are open for investment. So investors in every country can invest on Bitcoin without hesitation. There are different exchanges open for those countries which have middle-east countries. So investors in every country are benefiting by investing on Bitcoin. So I think investment is not specific to any country.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Noverteno on December 07, 2020, 06:34:29 PM
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 bit strange question, because we cannot invest bitcoin in a certain country.  We can invest bitcoin in a specific project of a specific company, which can be located in a specific country.  In this case, we should proceed more from the prospects for the development of the project itself than pay attention to the country where it is being implemented.  Although the country is also important, since in different countries governments have different attitudes towards cryptocurrency and therefore the mode of their circulation is different.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: LUCKMCFLY on December 07, 2020, 07:21:03 PM
Sometimes less developed countries are the ones that can give rise to bitcoin more, usually economic problems, inflation in other countries makes people trust Bitcoin more than their own local currency, sometimes it is more profitable to have Bitcoin than the same dollar or euro.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Coin63@ on December 07, 2020, 07:54:06 PM
Actually developing countries trying to adjust bitcoin with their economic coinditions but they can't control Bitcoin as their transactions or banking system. Another big problems that bitcoin a boarderless business methods which have no control on governments, hence many governments in developing countries fully opposite to Bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Riya143 on December 07, 2020, 08:17:17 PM
Cryptocurrency is used in all developed countries of the world. Bitcoin is the most used. Bitcoin is known as a much more popular currency around the world. In developed countries Bitcoin enjoys more benefits through transactions. Developed countries benefit a lot from investing in Bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: debra on December 07, 2020, 11:13:47 PM
Actually, Bitcoin is good for both developing and developed countries. this is good for everything and everyone. However, we know that at this time, we can see how many countries that are aware of this, how people will be aware of this situation. Bitcoin will really give exact investment for all.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Delgboke on December 08, 2020, 07:13:27 AM
It is actually good to invest in bitcoin in developing countries but in my personal views if you only invest in bitcoin in advance countries, what happens to the undeveloped countries does it mean that those countries that's not developed will be left behind.I think there's need to expand cryptocurrency investment.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: satpol_PP on December 08, 2020, 01:09:49 PM
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 is good , Invest bitcoin is developing countries. Because developing countries need Invest and technology. Block chain technology also can improve payment system at there. They can addopt bitcoin technology for their companies.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: vegasus on December 08, 2020, 10:58:31 PM
No matter it is a developing country or a developing one, no matter if they are poor or rich, if they want to invest in Bitcoin, just do it. As long as Bitcoin is legal or no matter to have in that country, why not? I mean that Bitcoin is available to be woned by everyone in the world because this is Bitcoin, not fiat money. Additionally, we can also see how precious this coin as an investment, manner of trading, and also a way of earning money.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: pacar_tiri on December 09, 2020, 01:52:58 AM
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 investing is not bad at every where. Because we will get profits from Investment. Development countries is need Investment and maybe they will addopt bitcoin technology. I think it is good way to accept and invest bitcoin in developing countries.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: ashraf786100 on December 09, 2020, 12:35:05 PM
Investing in bitcoin is not a bad thing Almost every person who knows about cryptocurrency invests in bitcoin. The most important thing is that you need to know about the market If you buy and send it at the right time, you can make a lot of money And that's the most important thing.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: lepbagong on December 09, 2020, 12:56:25 PM
Investing in bitcoin is not a bad thing Almost every person who knows about cryptocurrency invests in bitcoin. The most important thing is that you need to know about the market If you buy and send it at the right time, you can make a lot of money And that's the most important thing.

Investments, obviously, are things that we do with the aim of being able to receive deposits that may be long or fast with the aim of seeking profit, as long as investment is done correctly, the investment does not recognize the boundaries of a country, or the person is poor or rich.
investment is one of the ways of developing what we have, at this time if you want to invest in crypto is a very wise and correct thing, because crypto has started to be known and does not recognize boundaries and rules that are too convoluted.

That's right, our colleague said, bitcoin is one that deserves and is very important if you want to invest the funds you have, but open no good altcoins like ethereum and altcoin at the top is a very wise choice.
for the time being, don't invest in a new project first because if you're not careful, most of it is a scam.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Goblin on December 09, 2020, 01:34:01 PM
You did the right thing.  You have shown intelligence.  You can get good profit by investing in bitcoin of different developed countries.  The Philippines is a very developed country.  If you invest bitcoin in such developed countries, you will get good profit.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Emircan on December 10, 2020, 08:02:21 AM
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 investing in developing countries is very good, but also very dangerous. I choose BTC because I can buy or sell it anywhere
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: labonikhatun on December 10, 2020, 09:27:41 AM
It is better to invest in bitcoin in developing countries many developed countries in the Philippines and through the use of bitcoin they have gone from being developed to improving. This will increase the demand for bitcoin and can also have a bad effect if there is no support for the transaction.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Token@ on December 10, 2020, 09:31:34 AM
If you have invested in Bitcoin in different developed countries then you are sure that you will benefit.  Even so, owning one is still beyond the reach of the average person.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Lenipiw on December 10, 2020, 10:53:01 AM
Bitcoin is one of the best for the development of any country in the world. The more Bitcoin users and investors there are, the more developed the country is. Because in terms of economy, Bitcoin user countries are very self-sufficient. So Bitcoin plays a role in the economy.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Magepai on December 10, 2020, 03:51:09 PM
Bitcoin is the most popular coin in the world. The country you are talking about is actually a lot of developing countries I think investing on bitcoin here is definitely going to be profitable. Even after that you have to do some ricks. Even so, owning one is still beyond the reach of the average person.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Trumpet on December 12, 2020, 08:04:35 AM
You are taking invest bitcoin in development countries.it is very good initiative.but I don't know so much about this matter.i hope senior brothers are help to you.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Psycho on December 12, 2020, 08:11:06 AM
I think Bitcoin has no connection with different developed countries.  If you invest in Bitcoin from different developed countries, you will not get any extra benefits from there.  If any senior sir knows about the subject let me know a little.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: sacrotic on July 29, 2021, 06:52:07 PM
It doesn't matter in which country because the real problem is how to survive?. Most people will see profit and safety but how good we manage our fund?. Be wise because country have different rules about bitcoin and Philipines is good choice.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Phython on August 01, 2021, 06:20:03 PM
It is better to invest bitcoin in developing countries. Bitcoin is not legalized in all countries. Bitcoin is legalized in all developed countries. Its legitimacy depends on a country's government and the banking sector. If the bank is weak then bitcoin is not legal in that country. The legitimacy of Bitcoin determines the development of the country, just as the country needs improved legitimacy.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: elbans89 on October 19, 2021, 09:23:37 AM
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!

always good to invest bitcoin in every, include development countries.
But they must have internet connection, because we need internet connection to transaction.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Sumi on October 24, 2021, 04:02:49 PM
I see many people at this forum also do that.  But I personally have real job, Crypto currency is another job. I have join bounty campaign and do trading . I really enjoyed this. I agree I think It is good to Invest bitcoin and other  at developing countries.It is better to invest in bitcoin in developing countries many developed countries in the Philippines and through the use of bitcoin they have gone from being developed to improving. This will increase the demand for bitcoin and can also have a bad effect if there is no support for the transaction.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: alltalk on October 24, 2021, 11:30:33 PM
always good to invest bitcoin in every, include development countries.
But they must have internet connection, because we need internet connection to transaction.
Not only consider the internet, we also need to know whether it is legal or illegal to do. If Bitcoin investment is legal in your country, it is surely no problem although you are in a developing country. While if Bitcoin investment is illegal, you will have a problem doing it. I hope Bitcoin investment is legal already in your country.

Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: XM8 on October 26, 2021, 11:15:58 AM
China is currently the largest investor. And a number of new countries, including China, have been created to invest in bitcoin. With the change of time we can see that the amount of investment in Bitcoin is increasing. We all know that already but a few countries in the world have approved bitcoin. Hopefully in the future bitcoin will spread all over the world.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Dark Knight on October 26, 2021, 03:23:50 PM
In fact, to invest in Bitcoin, you first need to own a lot of money.No ordinary person can invest on Bitcoin It is seen that the richest people in the world and developing countries invest on Bitcoin.The cryptocurrency market goes one step further when world famous rich people invest on Bitcoin.Bitcoin is the best coin of all and everyone is most interested in investing in this coin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: shadowdio on October 27, 2021, 05:46:39 PM
There are few countries that has already banned of using bitcoin. I don't know which are the countries banning bitcoin, you better do research if you planning to go anywhere countries so that you know if the country is legal to use of bitcoin. You mentioned Philippines which is legal of using bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Seerge on October 27, 2021, 06:52:11 PM
Bitcoin is very good for All ranking countries, be it developed countries, or developing countries. Cryptocurrencies have a great opportunity to steal the global market cap, So we must take advantage of this opportunity. Who dares to make decisions by investing in Crypto, then in the future his life will be rich.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Hisbullah on October 28, 2021, 01:37:15 AM
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!

Development countries need  many fund to develop their countries, I think It's good to invest in bitcoin.
Their people need another income.
But internate connection will be needed, maybe at several are no internet connection
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: doc on October 28, 2021, 10:28:35 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: collinsjie on October 28, 2021, 02:00:08 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: TopT3ns on October 28, 2021, 10:08:19 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: UNIVERSE on October 28, 2021, 11:41:41 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: LisaH on October 30, 2021, 08:27:12 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: masterrex on October 30, 2021, 01:57:20 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Octoalts on October 30, 2021, 04:51:40 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: arnold dudicove on October 30, 2021, 05:08:26 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: mlawson71 on October 30, 2021, 05:17:00 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Noverteno on October 30, 2021, 06:38:43 PM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: P2P on November 06, 2021, 10:19:47 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Batch18-19 on November 06, 2021, 10:31:26 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: JGambang on November 06, 2021, 10:38:47 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Dork on November 06, 2021, 11:22:14 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Tubelight on November 06, 2021, 11:32:19 AM
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.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Blue_sea on November 06, 2021, 11:37:01 AM
As it is medium of exchange i think there is no any effect in developed countries or developing countries. The fact is that if you use it in good way then it will give you more transparence in the same ways and using it restricted area will fall in trouble. According to the current situation i think it is good for any countries.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: de_prof on November 11, 2021, 09:23:38 AM
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 investing is always good at every where.
Developing countries or other.
Invest in bitcoin is need free money as capital and internet as connection. I think It will make their citizens have own Extra money.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: bayiajaib on November 11, 2021, 10:03:40 AM
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!

Sure, It's good.
Developing countries need much money to develop their country and fulfil their citizens.
I think It's good If the citizen invest in bitcoin at the developing countries
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: kent47400 on November 15, 2021, 02:40:22 AM
Developing countries may be like El-Salvador which has now dedicated all its citizens to have a Bitcoin wallet and this Bitcoin was received by its citizens for free from their leader, Nayib Bukele. If I'm not mistaken because I only skimmed through an article about Bitcoin that exists in the state of El-Salvador.
I still miss the time when I had Bitcoin and I have never had 1 Bitcoin and if I had 1 Bitcoin then I would keep it until the end of my life. This is only my hope for Bitcoin .
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Doctor on November 15, 2021, 04:18:32 AM
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!

Developing countries always need fund for their country to develop all aspect.
Maybe many citizens didn't have good salary, I think It's the reason why invest bitcoin in developing countries is good.
Worth to see about enthusiastic of citizens there.
If the citizens want to invest in bitcoin, I think the government should support it.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: nakmantu99 on November 16, 2021, 05:04:02 AM
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 invest in bitcoin is very profitable and safe.
So, It can be done at every where, including developing countries.
The developing countries citizens can invest and doing trading in bitcoin and altcoins.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Azharul on November 17, 2021, 05:30:08 PM
We know that Bitcoin is a very prefer and top currency in the cryptocurrency market. Because we know that it's popularity is very high level for it's high price.So in this moment if we invest in bitcoin,i trust that we will benefitted from cryptocurrency market.So i trust that it's very good for invest bitcoin for developing countries.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: silkytakyaan86 on January 03, 2022, 12:13:48 PM
According to me, everyone can invest bitcoin. This is good. Most of the people are investing in it. And believe in bitcoin very easily. It is quite famous. And there is a shadow on the hearts of the people.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Manna on January 04, 2022, 04:05:28 PM
 government won't control it and regulate the investment in Bitcoin. Well, just invest in Bitcoin if you think you can and really has a big intention on it. Once you know how to invest correctly in Bitcoin, you will know how good it is.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Btclover on January 05, 2022, 10:28:59 AM
The government won't control it and regulate the investment in Bitcoin. Well, just invest in Bitcoin if you think you can and really has a big intention on it. Once you know how to invest correctly in Bitcoin
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: KaliLinux on January 05, 2022, 11:00:38 AM
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!
If your country doesn't restrict investment in Bitcoin or cryptocurrencies in general I don't see any problem with Investing in Bitcoin. In fact, you should invest if you have the means because you are in such a country where probably the monetary value of the local currency is not high and saving your money in cryptocurrency is better and you might just withdraw from the time when you really need to make use after you have made some gains. 
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Callisto on January 05, 2022, 12:35:43 PM
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 did not grasp the essence of the question, where does the investment of bitcoin in a developed country have to do with it? In developed countries, on the contrary, the population hides their incomes least of all and there are fewer bitcoins of all deposits, this is my opinion. I don't see anything in common with the country's economy and investing in bitcoin in this country, one does not depend on the other at all.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Derakelv on January 06, 2022, 03:25:10 PM
Bitcoin is very paramount in financial freedom and undoubtedly, it is essential especially in developing countries and due to advancements, focus can also be on potential filled projects that have capacity of wealth creation like Bitay.

Bitay exchange has numerous advantages one of those advantages that caught my attention is the  Bitay training academy for digital currency and it's referral bonus to those bring in their friends.  It's easy to purchase coins using your credit card so this won't limit people's access to the exchange to using cryptocurrencies alone so there's an alternative for you to purchase your digital assets with Fiat currency it makes it a very good platform for the newbies to use especially those who don't have any digital currency holdings.

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Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: risatrakib on January 06, 2022, 05:45:57 PM
Bitcoin is for the whole world, no matter where are you from if you can afford to invest you should invest in Bitcoin. Remember never invest more than you can afford to lose in crypto .
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: hasyurt on January 06, 2022, 05:52:23 PM
I don't think the development of the country is very important. Bitcoin can be invested anywhere, but the right time is very important for this. I wouldn't invest right now because bitcoin couldn't decide whether to go up or down. 45k support was broken yesterday and there is strong support at 42k. I can't predict how far it will go if it breaks on that support anyway.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: therozaq on January 15, 2022, 01:04:06 PM
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!

Yeah, I think It's good idea to invest bitcoin is developing countries.
Because at developing countries needs extra money to fulfill their needs more
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Linda78 on January 17, 2022, 04:53:28 PM
Mutual relations between different countries are not bad with Bitcoin. They do not use them for political purposes. Currently people in developing countries of the world are investing in Bitcoin. So I think you You can invest because the government of the country cannot do anything for you here. But bitcoin must be used in the right way.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Ankit1999999 on January 30, 2022, 03:16:14 PM
I thing, BTC or Altcoins best way to earn big money, It is good that such stories are coming to light. I am sure we have millions of such stories available all over the world where bitcoin has done great to someone's life. That's the beauty of bitcoin and decentralized technology.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: mu_enrico on January 30, 2022, 03:39:10 PM
I thing, BTC or Altcoins best way to earn big money,
And the best way to lose big as well, it's a zero-sum game.



I can't say in general it's good or bad, since more accurate judgment should be based on case by case. For instance, people who can't afford basic daily needs surely cannot invest. Volatility and risk are terrible for them. Conversely, for people with more money to spend should be okay to invest. And they probably can stand short-term losses.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: LUCKMCFLY on February 24, 2022, 10:24:46 PM
I think it is very good, because in developed countries there is eventual progress in terms of ATMs, to different stores that accept BTC, where there are payment facilities in BTC for any goods and services. In this type of country they do not have economic problems, because they are stable economies that do not even reach 1%, and this has the consequence that another alternative economy could do them any harm, and any capital flight is ruled out.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: jonathancool220 on February 26, 2022, 08:23:36 AM
Why bother with something like this ?
Bitcoin has been around since 2009 and Bitcoin also has a very good character for those who don't want to be attached to the country or there is intervention from third parties in their own asset matters.
Developing countries and developed countries are the same because Bitcoin is not attached to those who act on behalf of the country and of course the country also needs a myriad of stories to legalize Bitcoin.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Linda78 on February 26, 2022, 05:41:03 PM
Different countries have bad relations with Bitcoin. Because if you don't have good relations with one country, bitcoin can't have any bad effect. So I think you can all invest in Bitcoin without hesitation. If you can invest more now, you can expect better profits in the future.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: Muneeb22 on February 26, 2022, 05:45:03 PM
Bitcoin investment is the very good option and this time so many countries will start to invest in the crypto market but still they are not legal this market in their country but i hope that soon the big countries will except this coin becasue this is the best business to develop his country.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: cheezcarls on February 27, 2022, 08:04:30 AM
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!

As of this time of writing, BTC is subjected to substantial risks because it has high volatility and has no promises or astronomical guaranteed returns. If you ask me about that, I wouldn’t say yes or no. I’ll just simply ask on how much money are you willing to risk without second thoughts regardless of the price movement. Because it’s all about playing safe and risk management, only invest what you can afford to lose.

As you mentioned Philippines, they are one of the crypto friendliest countries in the world.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: aiviaa485 on March 01, 2022, 04:55:26 PM
Now, in many countries, there are many who know Bitcoin and the value of this Bitcoin really feels very big, you can see the marketcap on Coinmarketcap.com and all data about Bitcoin is almost on the CMC website.
Developing countries will also definitely know Bitcoin indirectly because various online media have told a lot about Bitcoin and the Coinmarketcap.com website can also be accessed in developing countries.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: I-Bit on March 03, 2022, 11:55:31 PM
There is no problem investing in Bitcoin in developing countries. People are free to invest in Bitcoin from every country in the world, they have the same right and opportunities. But people may have different capabilities in investment, some may have big funds and others may have small funds. But it is not a big problem, people can invest in Bitcoin although have small money.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: rizqillah on March 05, 2022, 01:14:39 PM
There is no problem investing in Bitcoin in developing countries. People are free to invest in Bitcoin from every country in the world, they have the same right and opportunities. But people may have different capabilities in investment, some may have big funds and others may have small funds. But it is not a big problem, people can invest in Bitcoin although have small money.

As long as there is an internet connection, I think  We  can invest in bitcoin anywhere, include in developing countries.
But maybe OP doubt at several place in developing countries didn't have internet connection.
Developing countries need income to build their country.
So, I think their citizens also need Extra money from bitcoin investment.
Title: Re: Is it good or bad to invest Bitcoin in developing countries?
Post by: mahadev on September 18, 2022, 05:14:51 PM
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 good to invest bitcoin in every country, not only developing countries.
Their citizens can gain profit from it
I think there are many member here from developing countries