Post
Topic
Board Economics
Re: ADVANTAGES OF INVESTMENT USING BITCOIN
by
upsidedown75
on 24/11/2018, 11:07:14 UTC
In addition to the advantages, Bitcoin also has the risk of investing. Bitcoin prices are worrying. But these advantages are really good. It gives me more information about Bitcoin.
of course the advantages are enormous, because the investment in bitcoin is very big profit that we will get. because there are already so many people who are successful and fast becoming rich people too, so bitcoin really helps our economy
Biggest advantage for me is that I do not trust my bank, I do not trust any bank at all. Which gives me very small portion of possibility for investment. If I want to invest into gold, I would have to use my bank to get gold (or really get gold in hand and save it somewhere secure which is harder and riskier). If I want to get a foreign exchange currency I would have to use my bank to get that foreign currency as well. If I want to buy stocks I have to either use my bank to get it or some sort of other financial company to get it, we do not have apps or stuff like that here.

Which means the only investment I have right now without using any bank is bitcoin. Even when you buy a house you go get a mortgage from a bank or at least put the money in a bank to give it to owner of the house. I prefer bitcoin, that way I am my own bank.