Post
Topic
Board Beginners & Help
Re: Advantage and disadvantage of cryptocurrency
by
tvplus006
on 22/02/2023, 23:29:31 UTC
...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

In fact, the main advantage of cryptocurrency and its disadvantage is its volatility, thanks to which a trader can both make a profit and lose his money. All the other points that you have indicated are just a means to achieve them.