Investing in Bitcoin? Advantages and Disadvantages

[yazman]

I think before investing you should know the benefits and know the loss of bitcoin before you invest in bitcoin, bitcoin can provide a lot of benefits when bitcoin prices rise, while you can lose when the price drops.

[alibaba93]

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

You can see that bitcoins are very valuable and the crypto market is developing very well in the world. 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.

[Bitcotalk]

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.

Let’s begin with the disadvantages. Investment is really a risky thing. It will take a long term yet you couldn’t have the hundred percent assurance of earning in it due to market fluctuations. Investors will be experiencing so much pump and down stage. But if you’re strategically good at it you’ll definitely be getting a huge amount of investment that’s worth your time, money and everything.

That is apparently the disadvantage of every investment which is risk and we all know the risk associated with bitcoin is the volatility risk, and the aspect that is still early which at the same time is an advantage for those who know how to play their card well in such instances.

However, if we are really to look at the advantages over the disadvantages, I would say the advantages are so enormous that any serious investor would not even bother to take a one side look at the disadvantage at all.

[FlightyPouch]

I think before investing you should know the benefits and know the loss of bitcoin before you invest in bitcoin, bitcoin can provide a lot of benefits when bitcoin prices rise, while you can lose when the price drops.

How would you know your profit and your loss when you will be just investing on it for the first time? You can't just know that before hand, if you want to invest on Bitcoin, the advantages are it's anonymity and it's volatility though volatility is an advantage, it is also a disadvantage so whenever you are investing, you must also know that you will either lose or gain profit.

[Soots]

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.

My investment in bitcoin is more on advantage than this advantage. Advantage in a way that I earn extra and support my family needs specialy I was able to have some saving for the future of my children. Investing is very risky you need to know the posible outcome of each investment prepare yourself for posible lost.

[voztata]

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

There is no need for posting links. We all know the advantages of Bitcoin and the disadvantages that follows, by the way everything that has an advantage also has a disadvantage, we know that. Some people will tell that being volatile is one of the disadvantage, but I don’t really consider that.

If you’re Hodling Bitcoin, you’re relying on that same volatility to make profit and there are lots of assets out there that are also volatile. Bitcoin is good and that I’m rich today is because of Bitcoin.

[TheGreatPython]

Uuhm… Bitcoin has lots of advantages and there are also disadvantages. The advantage is that you will make profit, it is fast for transaction and the fees you’re going to be paying the transaction you make will be much less compared to what you will pay by making use of other payment services. When it comes to the disadvantages, it is volatile and if you invest at the wrong time you will end up losing your money. Another disadvantage is that it is not widely accepted.

[bitcoinsocial09]

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 investing it is normal that we can see some advantages and disadvantages. Here in bitcoin there are also some advantage and disadvantages that we can encounter. The advantage here of course you can get much higher profit. Also your identity is secured here as well have fast transaction. The disadvantage here is you will take the risk for you to earn.

[magmar]

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 investing in bitcoins means to you that you are gonna buy bitcoins and then hold it until the bitcoins rises tjen that is hodl but the advantage of that is passive income really doing nothing at all and of course compared to other investment bitcoins can gave you much bigger profits. But of course the disadvantage is the price are volatile and if ypu are nervous if the bitcoins fall justdont panic sell because your money van lose its value too so you need to have a patience to wsit until it rises up again.

[Sunyoto]

for us to invest in krypto, its advantages and disadvantages are also very big.
if we experience kerugiaan when we sell at a cheap price at this time, then we will lose big profits, according to us like the current conditions, we better buy a lot of bitcoin and we are HOLD in a long time with a high price, so we will get a bigger profit.

[jrrsparkles]

Uuhm… Bitcoin has lots of advantages and there are also disadvantages. The advantage is that you will make profit, it is fast for transaction and the fees you’re going to be paying the transaction you make will be much less compared to what you will pay by making use of other payment services. When it comes to the disadvantages, it is volatile and if you invest at the wrong time you will end up losing your money. Another disadvantage is that it is not widely accepted.

You missed the main advantage of bitcoin anonymity which can be used as we want but still our bitcoins can be tracked by exchanges so we may not use them for easily for the illegal things.And as you said the fee in bitcoin transaction is very less when compared to the other payment option but the volatility of bitcoin is also the advantage and the disadvantage of bitcoin.

[BartS]

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.

You are mistaken bitcoin is very easy to trace because all the information is there for you to see in the blockchain what it can be difficult is to link those transactions with a name in the real world, that can be difficult especially if people begin to use mixers or decide to exchange their bitcoin for a coin that offers anonymity like monero, do not make the mistake of thinking that bitcoin is anonymous because it is not, also we all know bitcoin is an investment and like any investment it can produce profits but it can also produce losses.

[King money]

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.

I think you can use bitcoin and buy a lot of stuff instead, because many people are really hungry about bitcoin. They think bitcoin is easy, so why not? Bitcoin is now traceable and there is a better altcoin which is good in terms of anonymity.
Although this has stated a valid point, some risks have been challenged because bitcoin is somewhat mainstream right now.

[BitcoinCommodor]

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!

Investment in Bitcoin has far more advantages than few disadvantages that can be avoided with wise decisions. It is highly profitable given your strategy and business plan. You can use the same currency across the borders for transaction purpose and get some great services on a very low price. There is high liquidity and having Bitcoin allows you to cash the coins using any local BTM.

[Nyenyepogi]

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.

But bitcoin still have a very high volatility so we need a right timing on when to sell and when to buy, I know bitcoin have a great future a head but still we need a proper knowledge by that we never lose our money on investing in bitcoin.

[hitchcoin]

One of the main advantage did I have faced from this time I entered crypto,  is the Freedom that you have on your dislocation place. So I already lived in four different cities in my country, just renting apartments and working all of the time, from my Bitcoin.

[Sofiyah]

there are so many advantages and disadvantages when investing with bitcoin. it all depends on the market and our selves. if we become a bad trader, maybe investment will be lose, if we become a good trader will be profitable.
before investing in bitcoin, first learn about markets, prices, charts, etc.
fortunately if you buy bitcoin now at a cheap price, and sell when bitcoin prices go up. as easy as that but is not easy to do.

[Ncan]

#Gain
By using this bitcoin, the transaction process you need can run faster even if your relation is abroad. You do not need to take a lot of time and energy because transactions using bitcoins do not need financial institutions. So the transaction process can run faster.

#Loss
Bitcoin prices are rising and falling sharply in a short time, would be a problem for one of the actors selling and buying bitcoin. But actually, bitcoin investment can provide many benefits if potential investors know and really understand the system, problems, and all forms of bitcoin risk.

[BartS]

#Gain
By using this bitcoin, the transaction process you need can run faster even if your relation is abroad. You do not need to take a lot of time and energy because transactions using bitcoins do not need financial institutions. So the transaction process can run faster.

#Loss
Bitcoin prices are rising and falling sharply in a short time, would be a problem for one of the actors selling and buying bitcoin. But actually, bitcoin investment can provide many benefits if potential investors know and really understand the system, problems, and all forms of bitcoin risk.

The volatility is fine for people like us that are willing to deal with it and the same is true for speculators that in fact love the volatility but if we want that bitcoin is used in the future then we will need to volatility to be a lot lower so the average person can use it and feel sure that the price is not going to crash overnight, this is going to take some time but I'm sure this is something bitcoin can reach in the next decades as people discover the other great advantages that bitcoin offers over fiat.

[didik12]

Investing bitcoin we need to be a wise decesion in investing because we know bitcoin is volatile it is not stable price. In the advantage they have possibility that your ivestment become double when the price is become higher in the disadvatge of bitcoin is when the price stay in low price your investment still in low value.