Know more about Bitcoin, good or bad for investment?

[kemalramdanu]

Excuse me, Agan and the Master Forum ... This time I want to share about Bitcoin and good and bad for investment?

Pros:

->  Bitcoin has a relatively small transfer fee. To make money transfers, Bitcoin does not cut large costs. For one transfer, regardless of the value sent, the deduction is only 0.0001 BTC up to 0.0005BTC.
No wonder Bitcoin enthusiasts are getting bigger and bigger. One indicator of the high interest of investors and speculators in this instrument is the significant price movements.
->Although Bitcoin has an open source system, don't expect to be able to break into and publish Bitcoin itself. A number of people who review the system recognize that Bitcoin's security is almost flawless. In conclusion, this currency is safe from counterfeiting crime.

In addition to the many benefits outlined above, this virtual currency also has a number of weaknesses that must be known.

Weaknesses:
-> The Bitcoin system is relatively safe from crime. However, just like a currency in general, this virtual currency is not immune from theft crime.
Just for information, to be able to spend this exchange tool requires a special line of code called Private Key that is stored in e-wallet or storage media that is not connected to the internet such as hard disk or flash disk.
When you want to spend, the owner accesses the private key. However, this line of code can be stolen.

-> The price of Bitcoin is also very volatile. Even fluctuations in these instruments are more aggressive than stocks. This is on the one hand an opportunity, but on the other hand proves that many people have Bitcoin for the short term. Unlike stocks that generate dividends or gold that are relatively stable in exchange rates.

[AltLogan]

But still Pros are winning.

[bitpation]

I think Bitcoin is a good investment because every year the price of Bitcoin rises from the previous year. Although there will be a crisis period, but Bitcoin always proves it can recover from the situation and can provide benefits.

[Dprincebh]

From your details which you provide by yourself. You could see that the advantages is uncompareable to the disadvantages. I don't think bitcoins is a bad investment. Even if you are not investing. It could just be a bank for you. No queues, no verification, no afraid of theifs, transparency and many more

[Black ID]

Bitcoin is a safe investment because it cannot be controlled by anyone. In addition, investing in Bitcoin is very profitable because the value from year to year continues to increase. And Bitcoin can be moved faster than investment in general.

[TheHero]

Yes I agree with you. When the BTC already mass adoption and some of altcoin already really have an usecase i think its really will be a good investment. And I think the future of the crypto is still bright. The example use case if you want to transfer to other country, people usually use bank transfer or Western union or paypal. But if we see about the transfer fee we will think that their price is really so high. How about if people using stellar and after that convert to fiat. Its really too cheap  for the transaction fee.

[Mikam]

on the one hand is an opportunity, but on the other hand proves that many people have Bitcoin for the short term. Unlike stocks that generate dividends or gold that are relatively stable in exchange rates. The price of Bitcoin is also very volatile. Even fluctuations in this instrument are more aggressive than stocks.

[Dansoy]

I can say the bitcoin is a good investment as we saw investors who are successful after they investment bitcoin. Yet it needs to take times and it is not smoothly as we think. As we know that investing bitcoin it has higher risk, it could be bad or good. It really depend on you on how you manage your investment.

[paydayloan]

I personally invest in bitcoin because in my opinion bitcoin is a good investment. Bitcoin is decentralized and anonymized so that bitcoin can be a safe investment. Besides that investing in bitcoin is very profitable because the value is always rising.