Post
Topic
Board Bitcoin Discussion
Re: What does Bitcoin mean to you and what are your thoughts on its future?
by
AmoreJaz
on 18/01/2025, 23:00:52 UTC
Different people may have different thoughts of what bitcoin is all about..considering the fact that bitcoin is all about decentralized currency, the most reason why people embraced Bitcoin and continues to embraced Bitcoin is because of privacy, because for its investment you alone know about it, nobody may know about it, secondly, bitcoin is the easiest way you can send funds intercontinental without a stress, so bitcoin has many advantages that can make people to embrace it more...

When looking at bitcoin, it seems that the disadvantages is of low proportion than the advantages, because the way bitcoin can affect you when you invest on it, it's when the market crash in value, if you don't made a decision to invest for long-term, it's when it will affect you, because you maybe panic to sell in order to recover your funds and you end up of losing both capital and profit.

It is not because of privacy, but mainly because of the possibility of earning huge profits at a short period of time. That's actually the reason why many people are being attracted on this market.