Topic: Investing in Bitcoin? Advantages and Disadvantages - page 6. (Read 3914 times)
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.
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.
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.
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.
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.
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.
What is clear is that every investment has risks and risks to bitcoin is very large. Because of the very significant price fluctuations.
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
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.
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.
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. 
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.
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 Uu Point: Convenience in trading. Ensures high security and security. not tampered with Transaction costs are low.
Cons: Not many people use bitcoin.
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.
The cons are that there are transaction fees for using it and earning money is not guaranteed. It can be very tricky.
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.
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.
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.
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.
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.
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. 
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.
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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