Topic: Investing in Bitcoin? Advantages and Disadvantages - page 25. (Read 3927 times)
Investing in bitcoin itself great advantage. Income come from bitcoin is more than other investments. We can earn more money in bitcoin. There is no investment need for invest in bitcoin. It would solve many people's basic needs. At the same time it would give job for many youngsters. The disadvantage is holding the bitcoin for long time. We have to check the market continuously otherwise it leads to great loss.
advantages and disadvantages to investing bitcoin ie
the advantage is that we can make money on the sidelines of a busy work that does not require absenteeism, and we can get savings easily in the near term.
the disadvantage is that we have to wait when the market price falls, and if we can not wait to monitor every moment of market price .. chances are we will get a loss when it sells.
the advantage is that we can make money on the sidelines of a busy work that does not require absenteeism, and we can get savings easily in the near term.
the disadvantage is that we have to wait when the market price falls, and if we can not wait to monitor every moment of market price .. chances are we will get a loss when it sells.
The advantages of investing in bitcoin for me is the volatility that you can play within the market because you can buy now and also you can sell later on that day because the price of bitcoin is very volatile while the disadvantage of investing in bitcoin is also the volatility because if you cannot do it properly then you will just get greedy and do panic selling.
An advantage Investing in bitcoin is that it is much easier to gain profit in the simplest way in bitcoin however there are still some scam that may happen in bitcoin as well as there could be some quite problem with the assurance in gaining money from bitcoin. There might be a time that you might also lose a lot of money but if you'll gain, surely you'll gain a lot.
The advantage is the chance of earning huge profit from investing into it. While on the other hand, the risk is due to the market volatility which also gives the tendency of losing profit. But if an investor is patient there's nothing to be worried about because market dumps are just temporary and recovery always take place after a couple of weeks or month.
I think for me advantage is high volativity and growth
Disadvantages would be - risky, again volative, can panic sell and loose your money after all.
Disadvantages would be - risky, again volative, can panic sell and loose your money after all.
People always think of their future secured. So they must invest in Bitcoin for his does not mean huge capital to start, pay taxes and fees. But in the end their investment earns only a smaller percentage. Unlike in Bitcoin they need not to think of those requirements, for a shorter span of time, a wise decision of investment.
My perception in investing in bitcoin has the following advantages and disadvantages:
advantage:
- Trends and strengths in profitability
- Convenience in transaction and each person can be free with his own bank.
- Ensure safety and security.
- Bitcoin can not be faked
disadvantages:
- born of online technology -> need basic skills and some understanding of transactional operations.
- scammers and hackers always exist and affect the development of bitcoin in particular and blockchain technology in general.
2 disadvantages can be accepted since people cna learn the internet. The world is getting developed day by day and therefore, I strongly believe that soon, everyone on this planet will know how to use computer, smartphone to access the blockchain network. SCammers are always exist even in the real world. advantage:
- Trends and strengths in profitability
- Convenience in transaction and each person can be free with his own bank.
- Ensure safety and security.
- Bitcoin can not be faked
disadvantages:
- born of online technology -> need basic skills and some understanding of transactional operations.
- scammers and hackers always exist and affect the development of bitcoin in particular and blockchain technology in general.
Bitcoin is a hot issue on the market today. The heat has spread throughout the world. Bitcoin has both priority and defect points:
- Advantages: High profitability, quick transfer and low cost.
- Disadvantages: The price is not stable, the risk of losing money is high.
- Advantages: High profitability, quick transfer and low cost.
- Disadvantages: The price is not stable, the risk of losing money is high.
Its better to invest with a small amount because you never know how you will go with trading and how will it go with you?
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
Off course investing bitcoin is advantages. If you invest long term, you can get alot benefit. I have did it an I have got alot benefit in 2017.
The only advantage will be that you can obtain huge amount of profit in short time and without adding taxes
I guess the only reason why you got into our midst is because you imagined bitcoin only as an asset but not as a currency which was the main reason most of us believed in the real life usage right from the onset. The reason why bitcoin has become more of a speculative asset is because people like you only see it that way.Moreover, there is more to the advantage of bitcoin when we are talking about borderless transactions, no third party; just P2P, and so many other things with just the asset side of it being an added advantage.
Advantages: Low investment costs but very high return on investment and does not take much time
Disadvantages: high risk because prices fluctuate.
Disadvantages: high risk because prices fluctuate.
The only disadvantage that it has, is that you can easily lose a lot of money if you do not invest your money in the right moment (just like it happened to those who invested at $19k on december)
There's a lot of disadvantages in investing with bitcoin especially when you know nothing about it, but if you learn how to master is for sure you can maximize all the advantages of bitcoin. There's always a risk in every investment, there is no perfect market so better to study well and take the risk.
investing in bitcoin gets a big profit and losses in my opinion because bitcoin prices fluctuate.
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
Of course, Investing in bitcoin is advantages. You can get alot profits from it. I have did it.
Investment always have own risk. To minimizing our risk, we can research first. Indeed, investing our money on cryptocurrency is very risky, but if we saw on history cryptocurrency, we can see that cryptomarket always growing bigger and its opportunity for us to make profits in cryptomarket.
The disadvantages investing on bitcoin is we can not make profits from bitcoin because bitcoin is good investment in the future
The disadvantages investing on bitcoin is we can not make profits from bitcoin because bitcoin is good investment in the future
Paying with bitcoin gives us the greatest freedom. Bitcoin can be delivered to anyone anywhere in the world. There is no intermediary between the sender and the receiver. Not dependent on bank holiday. There are no payment limits.
I agree with your idea. Bitcoin provides us a decentralized system which people can have their own freedon without being traced by anyone. Even the government can not access the blockchain to find your identity. Therefore, bitcoin is our future, we have to follow it The biggest disadvantage investing in bitcoin is because the price is already very high and to reach huge winning rates like in previous years is almost impossible. Therefore it is clearly a better option to invest in other and low priced altcoin projects with the potential of highly increasing prices and winning rates. For using bitcoin as a payment method the current price is of course irrelevant.
I really do not see the price fluctuation as a disadvantage for me personally, so in a way, it is how we perceive things to be a disadvantage or an advantage. Probably, since I am a trader, the fluctuation is like a happiness for me and for one, since I have been in this space, I have never really been able to come across one particular disadvantage I can really pin point, except it has all been a fun and sweet experience. However, I understand that for some, the volatility is a huge one to bear, but this is the reason why as an investor, you should not be investing an amount that would end up giving you sleepless night.
Paying with bitcoin gives us the greatest freedom. Bitcoin can be delivered to anyone anywhere in the world. There is no intermediary between the sender and the receiver. Not dependent on bank holiday. There are no payment limits.
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