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Author Topic: Investing in Bitcoin? Advantages and Disadvantages  (Read 1790 times)
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September 01, 2018, 10:02:40 AM
 #521

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.
Although risk is always there in all kind of investment, but I think that in current situation bitcoin investment is too much safe as compare to other crypto currencies, I think that we do invest money in bitcoin without any fear. I hope bitcoin will give us a very good profit after some time.
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September 01, 2018, 02:12:42 PM
 #522

i see investing in bitcoin is beneficial very easy to get the money transaction system is very easy and not burdened cost facilitate the investor in making purchases or payments.
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September 01, 2018, 02:21:47 PM
 #523

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

For me the advantage of bitcoin is will give you a good profit and we can use bitcoin in many ways like pay our bills using bitcoin wallet without a hassle. The disadvantage of bitcoin is the risk when it comes to investment but it will depends to the people who manage their investment.
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September 01, 2018, 02:54:16 PM
 #524

if in my opinion it's a big advantage if you invest in bitcoin into a long term and the results you will get are also very large and promising

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September 01, 2018, 04:21:24 PM
 #525

What is clear is that every investment has risks and risks to bitcoin is very large. Because of the very significant price fluctuations.

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September 01, 2018, 04:31:17 PM
 #526

honestly from 2017 until now investment in the world of cryptocurrency, especially bitcoin can provide very many benefits, one of which you can have part of the limited total supply of bitcoin that has a very expensive price.

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September 01, 2018, 04:34:58 PM
 #527

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.
Yes the advantage of bitcoin is give you opportunity to earn more profit but the it is also have risk,  caused the value is up and down and if you don't have knowledge in investing in cryptocurrency it may cause lose your money. That's why we need to learn and study in investing in bitcoin before we start to invest.

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September 01, 2018, 04:40:04 PM
 #528

all profits and losses depend on us whether we can make a profit or not. when we trade the key is to be patient so that we can benefit. losses will only come when the person is careless and imposes everything.


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September 01, 2018, 04:49:21 PM
 #529

Every investment would want to get a profit later when we sell our investment assets. And this also happens to Bitcoin, but in Bitcoin we can get a profit because the value of Bitcoin can rise rapidly.

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September 01, 2018, 04:55:09 PM
 #530

all profits and losses depend on us whether we can make a profit or not. when we trade the key is to be patient so that we can benefit. losses will only come when the person is careless and imposes everything.

Yes you are right, there are some people who are trading base on their emotions and that is the reason they are losing a huge amount of investments when the market prices are dropping.

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September 01, 2018, 10:40:34 PM
 #531

Let's make  it simple, there are advantage and disadvantage of bitcoin, for the advantage one is that you can gain high earnings and make a living, but the disadvantage is that there are alot of people using bitcoin for them to do such thing as scam. Remember it is risky for those who are not ready in this industry.
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September 01, 2018, 11:01:14 PM
 #532

There are so many ways to investing in bitcoin you can spend buy bitcoin and sell it on your profitable rate or you can buy some things that you will use or make bitcoin like buying or set up a miner that will generate bitcoin for you. The disadvantage of bitcoin is fluctuating its price it seems that it’s the advantage of bitcoin but I will consider it a disadvantage because bitcoin’s value will drop or decrease anytime. The primary disadvantage of bitcoin is its legality and acceptance to many people we all know that some people think that bitcoin is a scam and some country already ban bitcoin.



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September 03, 2018, 07:36:00 AM
 #533

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.

These are  always the rules of trading and investment, they provide you the platform and for which you pay the transaction fee, I think we do not have any objection with the transaction fee but the problem is that the high transaction fee, which some time even exceed the original amount.
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September 03, 2018, 07:50:02 AM
 #534

There is no investment that is safe and 100% profitable, this certainly makes us always have to be wise in placing money, bitcoin is a type of investment that is very risky so it is not suitable if it is used as a mainstay to get profit or target because it is difficult to guess.

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September 03, 2018, 09:54:21 AM
 #535

There is no investment that is safe and 100% profitable, this certainly makes us always have to be wise in placing money, bitcoin is a type of investment that is very risky so it is not suitable if it is used as a mainstay to get profit or target because it is difficult to guess.

Yes you are right, the market prices is always based on supply and demand so obviously you should always think about the market price that will constantly change and do not always expect to get profit.

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September 09, 2018, 07:36:40 AM
 #536

I'm sure that at least 5 times more people have lost their money due to the fluctuations than those that earned from it and this show to us how dangerous are the variations in the price of bitcoin.
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September 13, 2018, 09:52:03 AM
 #537

We can see that investment in bitcoin in particular and crypto in general will be able to earn a lot of profit, the higher the profit associated with it is also the greater risk. Bitcoins are in the bearish trend in the long term so you should be very careful about every trade.
Nathanclark
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September 13, 2018, 10:18:30 AM
 #538

About advantages
Convenience in transaction
Ensure security and confidentiality
Bitcoin cannot be faked
The cost is extremely low
On the downside
Not many users yet
For those who are not technologically savvy, they can not participate in bitcoin. If not understood, the risk of fraud is very high.
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September 18, 2018, 02:46:45 PM
 #539

Hey
If you are interested in finding and investing in ICOs, use our website https://icoscoring.com/en/
We analyse ICOs deep and provide with our opinion.
bummm
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Today at 05:40:43 AM
 #540

if in my opinion it's a big advantage if you invest in bitcoin into a long term and the results you will get are also very large and promising

But you did not say anything about the disadvantages. You must agree that when you invest in Bitcoin, you risk. You never know if BTC can be a gainer or a loser soon.

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