Investing in Bitcoin? Advantages and Disadvantages

[cryptomoon1003]

Advantages: You could become a millionaire or multi-millionarie, Disadvantages: You could be broke.

[RKSummer]

all anyone needs to know is the following.
disadvantages. high transacation fees and slow transaction times
advantages. Hugh price increase potential

For me, the volatility gives bitcoin its advantage and disadvantage, because bitcoin price may change at anytime. The advantage in investing in bitcoin is when the price gets high, you can get a higher profit. And when the price gets lower, there is a possibility that you lost what you invested.

[laravuemaster]

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

In my own opinion, investing on cryptocurrency will not have any disadvantage if you are good on trading because the concept is very simple, buy when low and sell when the market price is high.

[Janation]

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

In my own opinion, investing on cryptocurrency will not have any disadvantage if you are good on trading because the concept is very simple, buy when low and sell when the market price is high.

Even if you are good in trading, I don't think that you will not be experiencing any losses since investing has also it's own risk and losing is inevitable on it. Also, if that is the concept of crypto currency, won't you think that a lot of people will continue and aggressively turn their money into investments on crypto currency? But still there are a lot of investors who don't want to risk their money into it since it is not that "simple".

[stepwilli]

Advantage of investing bitcoin are; Highly Liquid in comparison to other cryptocurrencies, Greater volume, so chances of fraud are less, May provide Higher returns, Acceptable by many countries for payment purpose, Traded on thousands of sites, Transferable, It can be called as the deciding factor of the cryptocurrency market i.e. If Bitcoin falls, The entire crypto market falls & Vice Versa.
Some of the disadvantages are : Highly volatile and end up into a loss of all your investment, Affected by political and government policies, Affected by international market including forex market, Instances have been seen, where bitcoin has been used for the purpose of money laundering & illegal activities including terrorism.
In the end, I would conclude that Its the beginning of the new era and One who is a bull investor and have a postitive attribute towards it should definitely invest in it for long term to reap greater returns.

There are many advantages of bitcoin like. High profitable, safe investment, easily acceptable in many big companies of the world. Easy transfer, and of course the deciding factor of crypto world. I don’t think that there is any big disadvantage of bitcoin because if it has many disadvantages then why more and more people were investing in bitcoin. Long run can be count as disadvantage.

[iASIC]

The advantages of investing in bitcoin are huge, and the main advantage is getting huge profits, and the losses on bitcoin are also huge, as bitcoin prices sometimes go up and down, so we can lose if we can not analyze bitcoin prices.

In my opinion, there are two sides to it, in fact the BTC gives us a lot of benefits, firstly if the patience holds that you will win and profit high in the future, but if You make mistakes, you lose all capital because the hackers are always stalking. That is why people are afraid to come to BTC.

[SplendidHunter]

The main advantage for me is that you can work directly from home! Dont worry about offic, road and whateve else, just work where you want

[beezunus]

I think the advantage of investing in bitcoin is that you can earn money so that it will have better finances but the disadvantages of investment in bitcoin is if the price suddenly falls and it will take so long to recover then you will be at a loss, at that time it is better to hold

[gledek]

The advantage is, if we buy cheaply and we sell at a high price.
loss, if we buy at a rather high price and so on the price down does not rise, and finally we sell because of panic.

[KenChanYu]

Advantage of investing bitcoin are; Highly Liquid in comparison to other cryptocurrencies, Greater volume, so chances of fraud are less, May provide Higher returns, Acceptable by many countries for payment purpose, Traded on thousands of sites, Transferable, It can be called as the deciding factor of the cryptocurrency market i.e. If Bitcoin falls, The entire crypto market falls & Vice Versa.
Some of the disadvantages are : Highly volatile and end up into a loss of all your investment, Affected by political and government policies, Affected by international market including forex market, Instances have been seen, where bitcoin has been used for the purpose of money laundering & illegal activities including terrorism.
In the end, I would conclude that Its the beginning of the new era and One who is a bull investor and have a postitive attribute towards it should definitely invest in it for long term to reap greater returns.

There are many advantages of bitcoin like. High profitable, safe investment, easily acceptable in many big companies of the world. Easy transfer, and of course the deciding factor of crypto world. I don’t think that there is any big disadvantage of bitcoin because if it has many disadvantages then why more and more people were investing in bitcoin. Long run can be count as disadvantage.

No wonder why many investors choose bitcoin over other cryptocurrencies, because they know its potential, they are aware how valuable, and profitable it is. I think the disadvantages of bitcoin that can be considered would be its excessive volatility, limited scaling, and increased regulation that causes the price to change rapidly. I strongly believe that we should be responsible in what we are dealing with, as part of Bitcoin community, it is our role to keep security as a priority, and to keep learning investment ideas.

[thundercrystal]

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

As you can see the other some investors they are choosing bitcoin than other crypto's in the market and that's because they see the potential of bitcoin and bitcoin has many benefits and advantages than other coins in the market.

[artichandra]

Investing in bitcoin you will get both, because if you are not trying to invest in bitcoin you will not know for the future. How does it feel to invest in bitcoin.

[paisiifokin]

I do not see any disadvantage if you have some patience. Because things like volatility, sudden price crash can be handled with that trait.

[nurbay]

Investing in Bitcoin has risks and benefits.
I think Bitcoin will have many advantages over the risks if managed properly and properly.
Investing with Bitcoin has the advantage that its price value can double to a high number, Bitcoin has only a limited amount but its demand is enough that this makes the Bitcoin price becomes high.
Bitcoin's deficiency is that its value is volatile, so its decline and rise are hard to predict.

[Lubang Bawah]

Investing in Bitcoin has risks and benefits.
I think Bitcoin will have many advantages over the risks if managed properly and properly.
Investing with Bitcoin has the advantage that its price value can double to a high number, Bitcoin has only a limited amount but its demand is enough that this makes the Bitcoin price becomes high.
Bitcoin's deficiency is that its value is volatile, so its decline and rise are hard to predict.

All kinds of investments certainly need the courage to take the risk of losing money, do not ever think that we only get profit without thinking loss, the most important thing is to divide the money into various types of investments so if bitcoin drop then we can expect from others.

[marcous]

It is clear the birth of Cryptocurrency is a phenomenon that changes one's economy. but there are obviously risks and benefits. so I think all investors or traders already know that.

[DgurJIupyf]

Bitcoin has quite a lot of advantages: -unlike many currencies in the world, the limit is 21mn. - Since there is a limit of bitcoins, we know how many bitcoins have already been issued, respectively, the price is determined by the real demand. The more demand, the higher supply and price. - If we know that bitcoin is now ranked 5th in demand among people in the world, then I am sure that in 3-5 years everyone will want to have a piece of "bitcoin pie".

[Elkafi]

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 think Investing in bitcoin is advantages.  Because bitcoin is the future of currency, It is profitable and so popular.

[jayhawk1]

The advantage here is that we can earn quite fast, in a short time you can be rich thanks to BTC price increases, the disadvantage is that they are very risky, fluctuating prices. so you can lose your capital at any time. Next time, BTC price will probably increase so now is the most appropriate investment time. And be careful with the hackers.

we have to observe cryptomarket before investing.it have risk and disadvantages to that able make our money totally lost.high return invesment have high risk to.we have to considered about it.

i think the risk of price fluctuations is the most important thing to know before investing in bitcoin. many people think bitcoin makes a lot of money, but they do not see the process and the level of risk, and finally they say bitcoin is a lie

Risk is part of life so if we will become risk takers we will take command on all other things but if we want to become as investor or a trader we must know about the market condition of the coin,. Bitcoin is the currency which is full of benefit for us and we are going to live better life with bitcoin help right now bitcoin does not have any disadvantage but it is full of advantage for us.

Taking risk is a good thing in one aspect because it makes the person stronger than he was in his past and also he becomes aware of many things that he was unaware of before. One thing I want to say to you that if you want to risk your money or crypto, you should know the market conditions because if you will risk your money blindly, yon would have to face the loss.

[mackenzie5]

     Bitcoin is a virtual currency and so the price fluctuates, most of the people are not aware of Bitcoin, the digital currency . Bitcoin is the first and famous digital currency that was introduced in the year 2009 it is used for transferring of funds all over the world with more secure , fast and with most affordable options . The supply of Bitcoin can't be manipulated by any government or banks or by any individuals .The user himself is free with his currency since there is no third party interference in the transaction of funds and it is proceeded by network computer.