Post
Topic
Board Trading Discussion
Re: What's your favorite crypto;Bitcoin
by
ancafe
on 13/06/2023, 14:14:48 UTC
Bitcoin is immune to seizure
Bitcoin is decentralized
Bitcoin is fast and easy to use
Bitcoin provides anonymity
Bitcoin is unique in that it has value in the long term but comes with risks if not properly understood how to use it, although many people speak of the advantages of its broad description. There are many risks that need to be understood and it is not as easy as talking numbers when making an investment, the adoption is so widespread today because people are starting to realize that bitcoin is the right way to store value because even if there is a recession or inflation bitcoin is not directly affected and always finds a way to maintain value.

What you need to understand is that bitcoins are not safe if they are stored on an exchange because they are vulnerable to confiscation and causation that occurs due to hacking or other things, bitcoins are safe if someone can store them properly in a safe place and that is why storing bitcoins on an exchange is not a smart move in most cases it has happened before.