Reasons why not to invest in bitcoin? - page 4.

7Dyoknga5

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Quote from: cryptohunter1086 on April 24, 2018, 01:14:02 PM

So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right?
My question is simple and straight, What are the flaws of bitcoin?
Except its high volatility and "Dark use" (in illegal activities).

if you dob't have the money that you can afford to lose, don't invest on bitcoin. Return of investment here usually takes some time and will require your time quite more often. You'll have to regularly check and monitor bitcoins value for you to earn.

shawn995

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I don't perceive any blemishes in bitcoin yet in the event that an absolute necessity express approximately few difficulties we look in bitcoin framework in late time there are heaps of in affirmation of exchanges and furthermore high expenses yet the sum total of what this have been dealt with right now and again the legitimates of bitcoin in many nations is likewise one of the terrible part of bitcoin

pandanpanda

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Quote from: cryptohunter1086 on April 24, 2018, 01:14:02 PM

So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right?
My question is simple and straight, What are the flaws of bitcoin?
Except its high volatility and "Dark use" (in illegal activities).

because bitcoin has many weaknesses and one of the weaknesses of Bitcoin is that there is no clarity about its physical form. If this happens in a currency, then it can be a high risk, especially for entrepreneurs who wrestle in the physical field. Of course, not everyone accepts the concept of virtual currency. Most people want real money or physical money.

jovs

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Quote from: leonair on April 24, 2018, 02:08:40 PM

There is no perfect things in this world and Bitcoin is not exempted, the price of it means something if you just think of it.

There are people that already using it and believe to entrust their money into it because they think it has a future. We all knew that there are problems that occurring and that's inevitable in anything but the Bitcoin developers always think of the good improvement of Bitcoin itself, for as long it's growing and keep on moving forward I can't think of a reason not to invest in Bitcoin.

Future is a good word to describe bitcoin because its development could take as much as possible improvement on its system and its price where it could give opportunity for us users to earn and to gain profit. Not just that, Bitcoin is somehow could the future currency which can be used by all people on transactions, investment and trading that could give a big changes in the future.

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There is no reason for us not to invest in bitcoin unless you do not have enough money, bitcoin has given us a lot of value, you spend $ 1 you can get $ 2 or $ 7 or Much more so why not invest in it

Ashong Salonga

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Quote from: sashulya7979 on April 25, 2018, 04:50:19 AM

Investing in bitcoin is a reasonable investment, this can be well earned, provided that you will understand the trade bitcoin

If you are someone who doesnt want to earn while doing things that you actually love doing. Like travelling the world, tasting the local delicacies of foreign lands, or just simply by spending quality tine with your kids or family. Then bitcoin is not for you. You can just work yourself out of all you debts by working all those hours.

tambok

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Quote from: cizatext on May 01, 2018, 10:33:36 AM

To me I don't see any flaws in bitcoin but if a must state some few challenges we face in bitcoin system in recent time there are lots of in confirmation of transactions and also high fees but all this have been taken care of at the moment and again the legality of bitcoin in most countries is also one of the bad aspect of bitcoin.

You are right, no reason why we should stop investing in bitcoin unless we already have lots of it, always keep in mind that having bitcoin would be a great thing and can bring you to a prosperous future so don't doubt about its capacity as it proven enough.

cizatext

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To me I don't see any flaws in bitcoin but if a must state some few challenges we face in bitcoin system in recent time there are lots of in confirmation of transactions and also high fees but all this have been taken care of at the moment and again the legality of bitcoin in most countries is also one of the bad aspect of bitcoin.

jerowacik

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One of the reason not to invest - there isn’t enough of an ecosystem surrounding bitcoins to allow fundamental analysts to study it as an investment. People are therefore investing with imperfect information and joining the herd of speculators

balamuda

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Quote from: cryptohunter1086 on April 24, 2018, 01:14:02 PM

So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right?
My question is simple and straight, What are the flaws of bitcoin?
Except its high volatility and "Dark use" (in illegal activities).

I think if you want the benefits of bitcoin, you should be able to believe in bitcoin, if you are just looking for a bitcoin shortage then you will not benefit from bitcoin, because you are afraid to invest.

Coinnosaurus

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Main reason - investing in bitcoin involves very high risk, as prices have been extremely volatile.

dragontigear

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Quote from: ILuckyGuyI on May 01, 2018, 09:52:10 AM

Bitcoin is not flawless yet because it is effected too easily by news etc. . Because of that Bitcoin fluctuates so often and investors need to be too careful when they invest in Bitcoin.

I think because they are afraid that bitcoin price will drop.

ILuckyGuyI

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Bitcoin is not flawless yet because it is effected too easily by news etc. . Because of that Bitcoin fluctuates so often and investors need to be too careful when they invest in Bitcoin.

Bugcoin5

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Quote from: cryptohunter1086 on April 24, 2018, 01:14:02 PM

So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right?
My question is simple and straight, What are the flaws of bitcoin?
Except its high volatility and "Dark use" (in illegal activities).

Because they of capital backing,Bitcoin is not transparent,not secure ,not very efficient

pekavcilar01

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Crypto has thousands of coins in the money market. It's wrong for me to invest in just one coin.
If you will only invest in BitCoin. Do the buy-sell leaf process. Buy it if the price goes up, get it down.
Tip: The other coins get more money now.

Geemy

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Because it is not safe can be less money in the moment and also possible to go without return, it is scary and also what is the circulation of news are all wrong, there is no need to fatigue nerves and exhaustion to no avail

DenZil696

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Famous venture capitalist and author of The Business Blockchain William Mugayar announced the creation of an investment firm that will support crypto and lock-ups, reports CoinDesk.

hacekd

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takes how long for you to benefit from the investment. Not only that, you should also know how the process of liquefaction benefits when you have got it, to how the cut loss scheme when needed.

DenZil696

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LightBitAtom creates a decentralized future for crypto-currency exchanges. The project is aimed at creating a P2P-system of crypto-currency trading, on which a platform will be built, which can not be stopped or censored.

afroman1131

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there are many reasons to invest in bitcoin.the very first and most important reason is the possibility of the growth of cryptocurrency and quite large

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