Investing in Bitcoin? Advantages and Disadvantages

[DeadCoin]

Investing in bitcoin itself great advantage. Income come from bitcoin is more than other investments. We can earn more money in bitcoin. There is no investment need for invest in bitcoin. It would solve many people's basic needs. At the same time it would give job for many youngsters. The disadvantage is holding the bitcoin for long time. We have to check the market continuously otherwise it leads to great loss.

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[rickadone]

The biggest disadvantage investing in bitcoin is because the price is already very high and to reach huge winning rates like in previous years is almost impossible. Therefore it is clearly a better option to invest in other and low priced altcoin projects with the potential of highly increasing prices and winning rates. For using bitcoin as a payment method the current price is of course irrelevant.

It is actually funny when people are talking about the disadvantage that surrounds bitcoin where as someone disadvantage can actually be someone else's advantage.

I use to think of the high fluctuation as a disadvantage anyway, but with some trading knowledge, I was able to switch that to be an advantage for me. Everything for me so far has been advantageous; easy transactions without a third party, I can easily make my own decisions without the interference of bank policies, my asset keeps increasing and I can easily trade it to even make more.

[kenziefried]

While browsing the net, I have stumbled on an interesting article were all the advantages and risks related to investing in Bitcoin have been laid down. An excellent, and informative read: http://cryptodetail.com/page/risks-of-investing-in-cryptocurrency

I is simply stated that investing bitcoins is really good but we need to check what kind of investments we are going to join. So we need to be aware of it since it involve our own money. For me the disadvantages of investing in bitcoin is that when you are trying to invest in bitcoin without any checking if this investments is reliable or not please do not believe in the big profit they offer because most of the highest offered investment is scam. There are lot of bitcoin investment and the advantage of bitcoin is bitcoin is not so hard to earn there are lots of work the pays bitcoins.

So basically, you are calling bitcoin a scam. First of all let’s have a look at the meaning of this title. Any act or operation of deception or fraud comes under this world. A person who is scammed will actually lose money. Everyone agree upon this. Bitcoin has made people millionaire which means if it was really some sort of fraudulent, it should not have made the holders rich.

[tuikindu01]

Bitcoin is completely decentralized, with no issuer, and it is impossible to manipulate the number of releases. Its distribution and circulation is realized through the open source p2p algorithm. But the bitcoin trading platform is fragile. A trading platform is usually a website that is hacked or shut down by the authorities.

[kloinko1n]

Bitcoin will be in demand for a long time in the market of crypto-currency. Therefore, it is still profitable to invest in it

[Kakawate]

Yes there are many disadvantages in investing in bitcoin, not only bitcoin but every cryptocurrency, but for me, its greatest disadvantage that everyone is telling the net, is the greatest advantage when it comes to trading. Many traders are actually enjoying its volatility, because they can play the value of money even better and it is the best advantage for them.

[Kambala07]

The advantage of bitcoin is the high price. When we bitcoin with low price and we can sell it with high price. The advantage is huge when compared with this investment is the advantage. In a short time we ourselves can profit a lot more at the same time you can hold it

The biggest disadvantage of investing in bitcoin is because the price is already very high and to achieve such a big winning rate in previous years is almost impossible. It is therefore definitely a better option to invest in other low-price altcoin projects with potentially increasing prices and winning rates.

[Valzzz005]

While browsing the net, I have stumbled on an interesting article were all the advantages and risks related to investing in Bitcoin have been laid down. An excellent, and informative read: http://cryptodetail.com/page/risks-of-investing-in-cryptocurrency

The advantages of havung a bitcoin investment of course is what they called as an easy money an easy income or instant millionaire in some people because ones that you have bought some bitcoins like for example in their lowest price then they have increase through the year and up to almost triple the price. Of course the money you have spend last time will be times three also that is how easy bitcoins can gave you money. Disadvantage is of course not all the time they will be rising up so if you encounter a loss just have a lot of patience and wait

[Rizki_ct]

For me the advantage of investing in bitcoin is you can ensure that you will going to have profit if you believe in bitcoin and aside from that it is hassle free when it comes in transactions.the benefits of investing in bitcoin are when you invest in a cheap price and suddenly rise in price it will benefit .

[Mota satish]

Bitcoin future is very bright Bitcoin future price $30000 

[kimochidesh]

Advantages of Bitcoin are that it is decentralized which means there is no intermediary involved for the completion of the transaction which ultimately reduces the transaction fees. . It also allows making international transfers n very less time. You don’t even need to share your personal information which saves you from the breach of data privacy.
According to me the biggest disadvantage of Bitcoin is that it has no valuation guarantee. Since, there is no central authority controlling Bitcoin, no one can guarantee its minimum value. So if a large number of merchants decide to “dump” Bitcoins, its value will fall greatly which will cause great loss of wealth to the users who hold Bitcoins. Further there is very high price volatility and due to it anonymous nature it can be used for illegal activities easily.

[Bezobraznike]

   In article is described how to be safe when you are buying some crypto-currency and how
to protect it later, in which wallet to keep your coins. It`s also about where to buy crypto-
currencies and they suggested couple exchange sites.
   There are no disadvantages in investing in Bitcoin. It`s just how you choose to buy them
and where to store them in a safe place. If you find where to buy them without problems and
scams, if you buy yourself nice Trezor or Ledger wallet you are safe to go.

[pobeditelvezde]

Investing in BTC you will probably earn a good profit. BTC is now on low and everybody understand that BTC price is good for buying but nobody know when BTC become growing and I think it is the most important disadvantage when investing in BTC.

[richardsNY]

For me the advantage of investing in bitcoin is you can ensure that you will going to have profit if you believe in bitcoin and aside from that it is hassle free when it comes in transactions.the benefits of investing in bitcoin are when you invest in a cheap price and suddenly rise in price it will benefit .

No matter how much you trust in Bitcoin, there are no certainties when it comes to its market, and for that reason it's not possible to have it ensure you any profits. Bitcoin isn't something just miraculously granting people profits. You either trade your way up or you keep holding your coins for a very long period of time. And even if the value of your coins has increased, you still haven't made any profits until you sell them. Don't you ever wonder why people keep losing money while investing in Bitcoin and other crypto currencies, and that despite how easy they think it is? It's because free money doesn't exist. Everything you do concerning the short term market involves more risk than actual reward. It's basically like a casino with a very high house edge.

[Apes]

Investing in bitcoin is very promising and will be very profitable depending on how much money you invest .. and in investing you should be able to predict market developments and try to find accurate information for maximum results .. You choose to invest in bitcoin is the right choice and will make you rich and if according to the expected run well .. believe bitcoin will lead you to success ..

[thend1949]

Investing in bitcoin is very promising and will be very profitable depending on how much money you invest .. and in investing you should be able to predict market developments and try to find accurate information for maximum results .. You choose to invest in bitcoin is the right choice and will make you rich and if according to the expected run well .. believe bitcoin will lead you to success ..

Bitcoin as the leading cryptocurrency is not immune from having flaws, or advantages and disadvantages. Bitcoin is beneficial and profitable, however it's volatile and risky. So it's better to know the deal, be guided with the correct information and knowledge, learn well of the economic factors that could cause the market to go up or down, and have strategies and plans. Study not for impression but for life, live what you learn, apply it, and learn to grow to be a better person.

[Renampun]

all forms of investment (Bitcoin, Home, Land, Education, Gold, Stock) will be the same, there are advantages and there are also disadvantages, so we live which choose which is best and suitable for us.
I run all forms of investment because I think losses and profitability can be obtained from various investments including Bitcoin...

[kidamazo]

For me, one of the advantages can be that bitcoin has a chance to be very high soon, so if you would earn som etoday, you can became very rich soon.

[Escan0r]

While browsing the net, I have stumbled on an interesting article were all the advantages and risks related to investing in Bitcoin have been laid down. An excellent, and informative read: http://cryptodetail.com/page/risks-of-investing-in-cryptocurrency

If you already have the skills and know how to sell the bitcoin we invested, I think it will be profitable for you. Because if you want to invest better we know how to work bitcoin. Many people who have experienced losses and blame bitcoin, but they themselves are wrong because they do not know how to invest right.

[Oasisman]

While browsing the net, I have stumbled on an interesting article were all the advantages and risks related to investing in Bitcoin have been laid down. An excellent, and informative read: http://cryptodetail.com/page/risks-of-investing-in-cryptocurrency

If you already have the skills and know how to sell the bitcoin we invested, I think it will be profitable for you. Because if you want to invest better we know how to work bitcoin. Many people who have experienced losses and blame bitcoin, but they themselves are wrong because they do not know how to invest right.

Why do you even sell Bitcoin when your purpose is for investment? And it can even be profitable if youre just holding it for long term. You know why there are people who still cant manage to keep themselves from lossing their investments and capital? Because they just simply invested and they believe in hype in hopes that they can be rich in no time.