Yes for the profit; I see it as a risky investment which might bring big rewards.
But I also see it as a diversification of investments; ie. if there's a world crisis and euros / dollars crash and stock markets too or inflation is skyrocketting maybe I'll be glad to have some bitcoin some day.

Thanks for the reply. I did set the max price to the market price though;

Just cancelled the order for the 4th or 5th time and now it worked. Too bad I lost quite a few €s in the process as the price was way lower when I first tried this morning.
In general there were quite a few errors on the website, also had to submit orders several times etc. too bad. Doesn't seem as reliable as I thought.
I'll try to look for alternative exchange sites, if you guys have recommendations I'd be glad.

Hi,

I wanted to take the chance of a dip in price to buy a bit more bitcoin; unfortunately Kraken has been slow and not processing my buy order in the last hours: I wait since early this morning, tried to cancel my first order and process a new one but this has had no effect.

Did you guys have had any similar issues ? or recommendations ? shall I just wait or submit another order with a higher max value ? Will submitting a max price higher than the current offered price change the processing order so that my order goes faster ?

Sie wollte keine ID-verifizierung Foto für Kraken machen Musste fast den Nachbarn fragen.

I'm new but I opted for Electrum, seemed like a reasonable option.

I agree with volatility and transaction fees being disadvantages (although volatility is temporary and fees not too relevant for bitcoin as an investment/digital gold).

Another big disadvantage in my opinion is that for common people it is still not easy to get Bitcoins (and into bitcoins); one survey on a german blog showed that many bitcoin owners were working in software development/IT. Not mainstream.

i.e. to get started you first have to create or get a (secure) wallet (or more than one per type of use); then you have to find out the best way to get bitcoins, mostly sorting through tens of commercial available exchange sites (and google ads), what they charge, and then - example in Germany, where your choice is more limited - go through a heavy ID verification process (this seriously gave me headaches and gives doubts - do you trust these companies with that detailed data, are they reliable, given the history of these exchanges).
Then you have to trust that you made the right choices, which if you're not tech-savvy or tech-curious is not granted.