Post
Topic
Board Marketplace (Altcoins)
Re: Planning to Invest In Cryptocurrencies? Read This First
by
CryptoManiaks
on 16/10/2020, 15:20:49 UTC
Good points TitanProject1.

Although, the Security could still have a negative side as the crypto-world is full of scammers and websites created with a single purpose (and it’s definitely not a good one). The point here is that you have to be extra careful when using some of the not so popular and high-reputation wallets and exchanges.

Let’s add a few more points.

Scarcity - There will only ever exist 21 million Bitcoins. That is a fact, and it cannot be changed, as per the main rules. So, here is another point that leads to purchasing Bitcoin ASAP, but you never know.

Low fees - International bank payments can be time-consuming and expensive. However, Bitcoin often offers lower fees than many foreign transfer institutions. And not to mention that many other popular altcoins (such as Monero, Dash, Ethereum, Litecoin, Bitcoin Cash, EOS, Ripple, and others) offer much lower transaction fees.

Here is a more detailed explanation of why you should buy bitcoin and a few reasons not to invest right now.
https://cryptomaniaks.com/should-i-buy-bit[Suspicious link removed]d-investment