Bitcoin is a technology-based system. It runs on the block chain system. While other currencies can be hacked, it is impossible to hack Bitcoin because it is made on the block chain system. Here, transactions are very easy and anyone can do it smoothly. Since it is decentralized, the person owns it and no one else has any control over it. Again, if someone buys Bitcoin and holds it for a long time, he will improve a lot.

Despite all these advantages, there are some disadvantages here. It would not be right to call it a disadvantage here, but to talk about the personal carelessness of the person. Because Bitcoin is a volatile platform.

Here, the price can increase in an instant and the price can also decrease in an instant. If a person gets confused or disoriented and sells his Bitcoin after seeing this, he will be doing something like hitting himself in the foot. Again, if someone is not careful about fake websites, pyramid schemes and phishing scams, it is his failure.