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Author Topic: Investing in Bitcoin? Advantages and Disadvantages  (Read 1944 times)
SHAWN-MIDWAYS
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August 08, 2018, 12:45:04 PM
 #501

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 advantage of investing in Bitcoin is that you will put $1,000 in its right now and you will get $5,000 in a few weeks from now, this is the one and only reasonable reason to invest in it. So go ahead and not miss your.

If you count bitcoin's disadvantage, you'll never be able to earn with bitcoins ignore them and believe that their weakness is nothing in front of there advantages.
In order to earn more money we have to believe in our business, we have to think n bitcoin's technology. There are huge disadvantages but we should ignore them
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August 09, 2018, 04:46:42 PM
 #502

Advantages and disadvantages when investing in bitcoin.
Uu Point: Convenience in trading. Ensures high security and security. not tampered with Transaction costs are low.
Cons: Not many people use bitcoin.

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August 09, 2018, 06:10:59 PM
 #503

Advantages and disadvantages when investing in bitcoin.
Uu Point: Convenience in trading. Ensures high security and security. not tampered with Transaction costs are low.
Cons: Not many people use bitcoin.

not because all people use bitcoin but because the value is too volatile anytime of the day can be the day of greatness for the price and also it can be a negative one if you invest for an amount of 100$ then the price fluctuate you are now negative in profit that is the cons of investing in crypto not only on bitcoin itself.

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August 23, 2018, 08:53:00 AM
 #504

As for pros, bitcoin provides as with many possibilities to gain money. As we all know, its price may rise quite significantly. Besides, it is decentralized and therefore independent from the economic situation in any country. Some people even believe that btc will replace usual money. As for cons, bitcoin’s price volatility can play a cruel joke with the nervous people.
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August 23, 2018, 11:13:36 AM
 #505

There are a lot of things to consider before you invest in bitcoin. You must be willing to take big risk and you must be willing to wait patiently until the price of bitcoin increases. But definitely everytjing in bitcoin is worth the wait.
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August 23, 2018, 11:34:10 AM
 #506

One of the advantages that is one of the best for me personally is the fact that you are the only one responsible and in charge of your money and nobody can not take it away from you.

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August 23, 2018, 12:14:31 PM
 #507

Investing in bitcoin always has its pros and cons. Due to the unstability of bitcoin prices often rise and low repeatedly.. Investing on it would make a big profit if you are a good investor but there are also disadvantages that may lead you to your bankruptcy.
Right, investing in bitcoin has positive and negative cause the price value is unpredictable like a rolling wheel. Investing in bitcoin is good choice it will give you big profit if you know how to invest wisely and you need some knowledge in investing in cryptocurrency but if are lack of knowledge about in investing in cryptocurrency it may cause lose your money that may lead you in bankruptcy.

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August 23, 2018, 12:24:38 PM
 #508

Bitcoin advantages and dis advantages is always looked by bitcoiners but the truth is if you only watch all your moves and keep an eye always on the market values. And be alert always by doing so l could say that your in good shape if you follow this simple guidelines. Study first before you act.
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August 23, 2018, 12:25:05 PM
 #509

Advantages of Bitcoin :
Convenience in transaction
Ensure security and confidentiality
Bitcoin can not be faked
The cost is extremely low
Disadvantages of Bitcoin :
Not many users yet
Somewhat difficult to use, easy to deceive .

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August 23, 2018, 12:34:00 PM
 #510

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 advantage of investing in Bitcoin is that you will put $1,000 in its right now and you will get $5,000 in a few weeks from now, this is the one and only reasonable reason to invest in it. So go ahead and not miss your.

If you count bitcoin's disadvantage, you'll never be able to earn with bitcoins ignore them and believe that their weakness is nothing in front of there advantages.
In order to earn more money we have to believe in our business, we have to think n bitcoin's technology. There are huge disadvantages but we should ignore them

The advantage in investing in bitcoin is you can gain profit in just short a period of time, unlike in other investment like bank, it takes time. The disadvantages is so much risky compare to other investments and the price is unpredictable and unstable.

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August 23, 2018, 12:43:01 PM
 #511

Advantage: If you hold it until it reach like $20,000 ofcourse you surely get a lot of profit from it.
Disadvantage: You will face a lot downs because the market is bearish what did you expect? Ofcourse you will be disappointed and feel like you lose it.

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August 23, 2018, 05:34:45 PM
 #512

bitcoin investing actually has advantages and disadvantages, when you invest the bitcoin its profit is when the price goes up then you can get a lot profit while the loss is when it goes down and when there is another coin is experiencing increase you can not enjoy it. Wink Wink
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August 23, 2018, 07:33:26 PM
 #513

One of the advantages that is one of the best for me personally is the fact that you are the only one responsible and in charge of your money and nobody can not take it away from you.
Yeah I think the same for me as well it is biggest advantage of it, for all people it has become very specially because bitcoin is entirely profitable. It made so easy to earn money for everyone, now it is modern age where all of us are in need of crypto currency so just be with the time, investing in bitcoin is only advantages and there will be no disadvantage, just have patience and buy more to make more money.

   

 
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August 23, 2018, 08:43:18 PM
 #514

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 invest your money in bitcoin the more advantages is that you can buy bitcoin in a very low price and sell it in a very high price when you can gain high amount of  profits. But their is also disadvantages of bitcoin when you are in panic mode when you see price fluctuates then you rides the situations to sell your bitcoin in a low price that will leads your money lose.
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August 24, 2018, 09:40:00 AM
 #515

Pros: It makes the community more successful people financially. Have the opportunity to become rich and it does not depend on other conditions. Quick deals and the best new payment method.
The downside: it has many additional technical elements. Intermediate cost cutting is still expensive. Many fluctuations made investors panic and have many bad results. Impostors influence the community.

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August 24, 2018, 09:03:44 PM
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It's nice of you to get people educated, so thank you for the article! Although I think it'd be better if you'd summed it up a little bit just for the people on this forum.

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August 30, 2018, 02:14:55 AM
 #517

Investing in bitcoin will earn huge profits. If you have a good investment strategy. You can trade anywhere in the world, and it only takes a few seconds. But the risk is very high, so invest carefully.
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August 30, 2018, 02:18:13 AM
 #518

The biggest pro would be that it allows people to earn money whether you had much from the beginning or not. On top of that transferring money would be a lot easier.
The cons are that there are transaction fees for using it and earning money is not guaranteed. It can be very tricky.
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August 30, 2018, 02:50:08 AM
 #519

Advantages and disadvantages when investing in bitcoin.
Uu Point: Convenience in trading. Ensures high security and security. not tampered with Transaction costs are low.
Cons: Not many people use bitcoin.
If the shortcomings are only because the number of users is not a problem because all commodities must start with 1 user and get bigger right? all will need a process including the spread and development of bitcoin, don't worry that adoption occurs in many places, users continue to grow every day

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August 30, 2018, 03:05:50 AM
 #520

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


Advantages of being investor of bitcoin is you have enough fund to invest in case if the price continuously slide  down it will not big affect to you.  and about Dis-advantages also for investing on bitcoin is we need to focus and monitored everyday because Bitcoin is volatile we don't know after a few month our capital become nothing if we are not always keep on monitoring of investment.

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