*The high volatility attach to it can be very risky.
* It's not generally accepted by all.
* It can be stolen if your system is hacked.
* It's almost near impossible to retrieve if sent to the wrong address.
advantages of having it
* It can make you filthy rich during the bull run.
* It decentralized, no third party like banks and financial institution.
* It's a self custodian asset, the privacy is priceless.
* It's very accessible at any given point in time.
I don't know if I missed some that I didn't mention.
it's not a hacked system that can make you lose your Bitcoin, but if you carelessly save your password and private key.
i would like to add a little about the benefits of Bitcoin, that is you can transfer large amounts of money between countries and continents in just a fraction of a second, even without fees of up to tens of dollars.
the bitcoin you own will not be able or impossible to be stolen by other people if you protect your password and keyphrase.