Advantages Of Crypto, Disadvantages of Crypto

[indah rezqi]

What are the disadvantages of cryptocurrencies.
Scalability,Cybersecurity issues,Price volatility and lack of inherent value,Regulations.

Advantage of crypto currencies. Fast and Inexpensive
It only takes a few minutes to send any amount of money. Regardless of the amount or the destination, Decentralized issuance, Lower fraud risks and Transparency...

Cybersecurity level?
The advantages of cryptocurrencies can cover the disadvantages of cryptocurrencies as you mean in this topic. Just imagine one of the advantages of the crypto you mentioned, namely speed. Process speed like that is what many people want in real financial transaction activities and there is one more thing that is the level of transparency.
I don't understand what cybersecurity problem you mean. Can you explain.

[kensaii]

I think the biggest disadvantages of crypto and the main obstacle for it to become mainstream is how unstable and price volatility it is. Many other disadvantages can be addressed and resolved but this one is kind of dilemma since because of this, many people also become attracted to crypto.

[whiteblue]

I think the biggest disadvantages of crypto and the main obstacle for it to become mainstream is how unstable and price volatility it is. Many other disadvantages can be addressed and resolved but this one is kind of dilemma since because of this, many people also become attracted to crypto.

The volatility of cryptocurrencies can also be a very good key in terms of exploiting profits although the potential for losses is still there and also very close, but for those who dare to act and understand how to run it, then it is a good opportunity to try it.

[adamantasaurus]

most definitely these fckn eth fees I don't even wanna say how much money I paid in fees in just the last 6 months its completely ridiculous and unsustainable. They need to get this shit fixed asap vitalik needs to get off his ass and do something about these fees. but other than that unless youre completely unaware of the risks in crypto there is only good things about it.

Your keys your money nobody can take it from you completely decentralized etc. etc.

[Natalim]

I think the biggest disadvantages of crypto and the main obstacle for it to become mainstream is how unstable and price volatility it is. Many other disadvantages can be addressed and resolved but this one is kind of dilemma since because of this, many people also become attracted to crypto.

The volatility of cryptocurrencies can also be a very good key in terms of exploiting profits although the potential for losses is still there and also very close, but for those who dare to act and understand how to run it, then it is a good opportunity to try it.

I agree on you. Volatility will always be an issue when it comes to crypto adoption. The citizens will certainly be confused on the amount of crypto as it has no fixed value, and is prone to changes once price fluctuations happen. However, if its a barrier for crypto adoption, well it is an asset for crypto to have price volatility and decentralized nature that makes people to stay more in crypto. With price volatility, there's always a chance for all investors to get rich quick once the new ATH for a certain coin is achieved.

[FanEagle]

Scalability,Cybersecurity issues,Price volatility and lack of inherent value,Regulations.

1. Scalability is not an issue with most altcoins as they have quicker blocks and higher blocksize.
2. Security of your crypto is up to you. Simply a strong password will protect you everywhere.
3. Being volatile should be considered as an advantage rather than considering as a disadvantage as all traders and investors love it. You need to be skilled to fish here.
4. Inheriting your cryptos to your decedents if your basic responsibility. Same as any other digital things.
5. Regulation is something we must expect. Still cryptos are created for privacy and freedom. So, we need to build a system to regulate ourselves in way the true concepts of cryptos will not be disturbed.

Fast and Inexpensive

All electronic payment systems are faster.
Being inexpensive is something we must consider as a biggest advantage of cryptos. But, due to scalability issues we have issues on this advantages and I guess it will be resolved as early as possible.

Decentralized issuance, Lower fraud risks and Transparency...

These are unique advantages of cryptocurrencies that we could enjoy and we need to remember these are beyond imagination for a financial system till bitcoin arrived. So, overall cryptos are having more advantages than disadvantages.

[noah tall]

You can get advantage from crypto currency market when you know about the crypto wallets security. And when you lean about the marketing and also about the signle and season of crypto.
 Its can make you financialy strong. It is very easy to buy and purchase. You can easily send crypto abroad. 

[Hobo66]

Almost every individual are engage in cryptocurrency. It provides easy and secure way of payment. It can be readily and rapidly accessible by every individual wherever in the world. But one of the disadvantage of cryptocurrency is that it is very fluctuating. No one has surety about the loss and gain in cryptocurrency. it is extremely volatile.

[fadil46]

You can get advantage from crypto currency market when you know about the crypto wallets security. And when you lean about the marketing and also about the signle and season of crypto.
 Its can make you financialy strong. It is very easy to buy and purchase. You can easily send crypto abroad. 

Buying is easy, but after buying it also needs a way to monitor it and maintain it properly, because playing with money that can be converted into any form in cryptocurrency is a job that is always close to risk and that must be understood by everyone.