Investing in Bitcoin? Advantages and Disadvantages

[BartS]

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 greatest problem is that many think they will be able to handle cryptocurrency investments only to realize that is not true and an even bigger issue is they realize this very late once they have invested more than what they can afford to lose and bitcoin goes down in value considerably then those people blame bitcoin for their losses when it was them the ones that were guilty of overestimating their capabilities as investors and long term holders.

[Sandijoee]

Every investment there must be advantages and disadvantages. Because investing bitcoin is like, you are investing in genuine gold. It takes time to make a profit. Investing bitcoin will make you get big enough profit, if gold is not like bitcoin which is not too big. Because gold if rises it follows the dollar price. So if you invest bitcoin, the main is getting big profits, and the losses on bitcoin are also very large, because bitcoin prices sometimes rise and fall or are hard to predict, so we can lose if we can not analyze bitcoin prices. 

[domerosan10]

Investing the bitcoin gets huge profits, but the losses are also considerable. Because bitcoin prices sometimes rise and fall or are difficult to predict. But after I find out, many people who invest bitcoin earn a big profit for the future.

[popoyuyun]

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

Investing in bitcoin does have the advantage you will get but if you do not overcome the losses maybe you will only get big losses. Therefore prepare it very much if we want to invest in bitcoin.

[charlemagne_15]

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

Investing in bitcoin really does have advantages and disadvantages. The pros of it are you will gain a lot or huge profit in investing in here. Also, as far as I know, the security in here are too tight so your coins will be safe. But do not forget that the cons of it is that sometimes the investment maybe a scam so be aware and wise enough before you invest in bitcoin.

[arinalwa]

I think coin will have its advantages and disadvantages. With Bitcoin, too, it gives users control over their finances, privacy and security, anonymously. Besides, its value is constantly changing so it is very suitable for investors. On the other hand, it is banned by the government, very little used as cash

Yeah all businesses in the world has advantages and disadvantages. In cryptocurrency investment the big advantage is this that you can make money without doing exactly anything. Buy bitcoin and hold it for some time and your investment will increase with the passage of time. Disadvantage is this that if you are just holder then no surety of making money after a long wait.

[Rosilito]

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

Indeed, all of the list said are true though. Sometimes, we should not always depend upon on our perception regarding to investing we should rather deal sometimes on other's opinion, especially when we are new on the field. It is very tough to invest especially if you are the afraid one on lending out your money 'cause sometimes you always though that something bad could might happen either lossing your money or you would not get any profit out of it.

[Sarastiche]

During the bullish period the price of Bitcoin do give a very high and unbelievable return which is to the advantage of BTC holders, also BTC allow the privilege of privacy for everyone, the main disadvantage is the volatility of the currency, and lack of regulation in the BTC space which give has militate against its growth.

[Biggapp]

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.

Do not ask about advantages because you will not count, ask about disadvantages so that you may get your answer. The disadvantages are related to the mind of an investor and this is common to other sources as well; careless person will handle the Bitcoin irrelevantly and a less knowledgeable person will make wrong decisions and a careless person will reveal its secret password of wallet to others. These are the disadvantages which are depending on you and if you control all these then you are in the sea of profits.

Investing in Bitcoin is one o the most promising investment giving good future return that can be even more profitable in the current market condition because the current values of Bitcoin are low in the market and the price has gotten stable somehow. There are very few disadvantages and the advantages are far worthy describing. The investment give financial freedom and sometimes super profits which is why so many people have invested millions in Bitcoin and the number goes on.

[Uhde]

advantage is that crypto market is very new and that is why it is open to huge growths. you can make very much profits in a very short time period. Disadvantage is it is very open to manipulations and it is effected by so many things and the price can go down very quickly as well.

[Realistmoon]

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. but seen from the side of the loss bitcoin is unstable price bubble allows to drop drastically will harm investors when the sale

[yousbabtle]

Despite the fact that this has expressed a legitimate focuses, a portion of the dangers have been opposed in light of the fact that bitcoin is to some degree getting to be standard at this point. You can utilize bitcoin and purchase a considerable amount of stuff in return, as many individuals are in supreme yearn for bitcoin. They find bitcoin it be pain free income so for what reason not? Bitcoin is presently being traceable and there are better altcoins that are great as far as namelessness.

In my opinion the big disadvantage of bitcoin is that the price is so volatile than you cannot confirm the rise in the price in the future. Investors should keep this in mind. That is the reason that many people say that bitcoin and Altcoin investment is gambling and you can lose your investment due to fall in the price. Advantage is that you can make huge profits in days.

[BartS]

Investing the bitcoin gets huge profits, but the losses are also considerable. Because bitcoin prices sometimes rise and fall or are difficult to predict. But after I find out, many people who invest bitcoin earn a big profit for the future.

Losing money in bitcoin is only possible in four ways, you are a short term trader, you lose your private key, you are hacked or you sell in panic, two of those ways are problems with your security, and two of them are a problem with your attitude towards bitcoin, if you eliminate those four ways then the only thing bitcoin will do for you is to give you amazing profits, even with the current market crash my profits are incredible but I'm still going to hold until the next time bitcoin skyrockets again.

[pellor mas]

The advantage of bitcoin is that it is a decentralized currency that can not be traced. Investing in bitkoin or other crypto currencies, you have all the chances in a short time to get rich several times. But on the other hand it is possible that you may incur losses.

[brontosaurus]

Following are some of the negatives of Bitcoin, according to me:
1. As the world’s most popular cryptocurrency, Bitcoin has seen more than its fair share of medium-specific scams, fraud, and attacks.
2. Despite high-visibility prosecutions of the most egregious offenders, Bitcoin remains attractive to criminals and gray market participants.
3. Although Bitcoin is the most liquid and easily exchanged cryptocurrency, it remains susceptible to wild price swings over short periods of time.
4. One of Bitcoin’s biggest drawbacks is a lack of standardized policy for chargebacks or refunds, as all credit card companies and traditional online payment processors have.

[DMCR lah]

The advantages of investing in bitcoin are huge, and the main advantage is getting big profits, and the losses on bitcoin are also huge, because bitcoin prices sometimes rise and fall, so we can lose if we can not analyze bitcoin prices.

[s.mahmood]

Bitcoin investing has many advantage if we handle our business carefully. On the other hand bitcoin investing has many disadvantage if we start business knowing nothing about bitcoin trading.

[Dmitry.Vastov]

Advantages:
Allows transactions throughout the world. Due to its pseudoanonymous nature, they are secure.
The coin is decentralised. Hence, it is not bound to rules and regulations by any government.
It is a great investment asset and allows good amount of profit in a short period of time.
Disadvantages:
The coin has a blockchain of 10 minutes, which makes transactions slow and also require more fees.
Since the coin is not under any central authority, one cannot guarantee its minimum valuation.
The coin has a premature economy.

[Cosbycoin]

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.

We can not disagree and can not ignore the advantages of Bitcoin and also disadvantages of Bitcoin and any other source. As we know that advantages and disadvantages are the two parts of any type of investment depending upon your ability and knowledge.

If you go good with your investment and can handle properly then you will get only advantages. On the other if you do not know how to handle your investment then you will face with the disadvantages.

[billbear]

The main advantage for me now, is that I can travel all around the world without being bounded in one place, or city, or even one coutry, so I travel a lot!