Wow, I considered this topic interested because we should have clarity in the mist of sugar. You know sugar taste sweet but abuse of it can leads to diabetes. Cryptosystem is wide spread sugar that has good and bad effect, but how you approach it matters a lot.
Bitcoin in particular has put so many smiles and tears in the faces of so many people, to some is a loss investment, to some a great investment project, to some regrettable moment, to some most serene project.
From my little experience, knowledge, news and learning cryptosystem has it own advantage and disadvantages, we will be looking at them below:
Advantages of Cryptocurrency;
*it gives you choice
* it gives you money
* it gives you knowledge of trading
* it gives you risks management attitude
* exposure, links you to the world
Disadvantages;
* it can be time consuming
* the losses are irreversible
* it prone to scammers
* its discouraged seeking further career
* it can cause shocks and death
Anything pertain of life has its own bad and good side, people may have experience worst aspects of trading experience does not make bitcoin of disadvantage except for those who wants quick profit or even trying to cheat the system.
Bitcoin project is not buying and selling products of quick returns, is long term with proper understand and patients.
Scammers are in every business, not really the business itself but the people involved. Bitcoin is not a scam project, only if you involved with wrong people