Is there any disadvantage of investing on Bitcoin

[Aaron625]

The only thing that bothers people while investing in bitcoin is its high volatility than other assets like Gold. Due to that nature of volatility ,the price of bitcoin can go completely down anytime though it is unlikely to happen now , which may scare the investors and make them lose money by selling it.

 

[Stylex]

yes that's true ,you even stated it clearly ,everything that has advantage must have a disadvantages,yes one can invest in bitcoin and will never get anything in return,and also when you go for transaction be carefully not to make a mistake in putting your account digits ,because if you made a mistake your money will be gone and gone for ever

 

[harrypaul]

It has so many disadvantages, but the most popular disadvantage is that you can lose all your money if it happens to fall off.
The Bitcoin market is not predictable, so anything can happen anytime

 

[Elfinito]

Just like every other trading platform like forex, there is every possibility that you may end up losing all your money if you do not trade wisely.
And that is the biggest disadvantage

 

[Sotherefore]

For now there is no known disadvantage of investing in bitcoins but the most important thing is that if you're investing in cryptocurrency you should invest the amount of money you are not willing to lose or the amount of money you will not need urgently.

 

[kinqzbitz]

There is just one disadvantage which could lead to series of disasters like , depression, sadness and frustration, and this disadvantage is by you loosing your money.

 

[greenie]

Like we all know, everything that have advantage also have a disadvantage. Please what is the disadvantage of investing on Bitcoin?

the only disadvantage of btc is that once invested at such a high current value, you can always lose everything. can at any time drop the coin at least 5-10k and come out in great damage.

 

[Thinker009]

Investing in Bitcoin comes with a lot of gains ,the only thing you need to know about and be more careful of is how risky it is , because you could easily make loss if not careful

 

[tyrim88]

Investing spectrum Bitcoin is "high-risk" (very) end. The cost of cryptocurrencies is volatile; some may get stuck, others may be scams, and sometimes value can rise and returns to investors.

The disadvantage is what you will get when you invest in any cryptocurency coin,the nature of trade is highly volatile and price fluctuations can make one loss his money.

There is just one disadvantage which could lead to series of disasters like , depression, sadness and frustration, and this disadvantage is by you loosing your money.

Just like in any other investment that has its own low side ,bitcoin has its own,which is a general thing that is experienced in the cryptocurency trading market,the issue of volatility is one of its disadvantage.

Investing in Bitcoin comes with a lot of gains ,the only thing you need to know about and be more careful of is how risky it is , because you could easily make loss if not careful

Sure there is lots of benefits that you can get from trading in bitcoin,but as the nature of the assets is,the price is subject to fluctuations due to activities of market forces,it could be very risky as one can loss his investment.