Quote from: Barikui1 on Today at 07:53:49 AM

There is a saying that what ever had an advantage also had a disadvantage, why am saying this is because most people especially the newbie's thinks when having Bitcoin the situation is always win win win. So I will be listing a few of the advantages and disadvantages of having it.
disadvantage of having it

*The high volatility attach to it can be very risky.

* It's not generally accepted by all.

* It can be stolen if your system is hacked.

* It's almost near impossible to retrieve if sent to the wrong address.

advantages of having it

* It can make you filthy rich during the bull run.

* It decentralized, no third party like banks and financial institution.

* It's a self custodian asset, the privacy is priceless.

* It's very accessible at any given point in time.

high volatility does make bitcoin investments risky, but also potentially lucrative. By noting that bitcoin is not accepted everywhere and is subject to hacking risks, you correctly point out important security aspects. At the same time, highlighting the possibility of significant enrichment, decentralization and privacy is what appeals to many.

I don't know if I missed some that I didn't mention.

Mary Roberts

Posts

Merits