Bitcoin is considered the future of online payments. However, far beyond that, to carry out a investment in Bitcoin, you must know well about this digital currency. So, what are the main advantages and disadvantages of Bitcoin? Check it out in our article today!

In summary: What is Bitcoin?

A Bitcoin is a new type of electronic currency without third-party intervention, therefore the currency is not tied to a specific country or bank and can be used by anyone, anywhere in the world.

In this sense, the great appreciation of Bitcoin, after its launch, consolidated this digital currency as an interesting option for investment!

What are the advantages of investing in BitCoins?


  • Independent from governments and central banks

A unique aspect ofinvestmentin Bitcoin is the fact that it is completely decentralized: There is no single party that can exert enormous influence on the exchange rate or the value of the currency.

Typically, currencies are heavily manipulated by central banks: They do this to improve the economic situation, however, printing currency leads to inflation or depreciation. This is not possible with Bitcoins: The global currency can be traded anywhere in the world.

  • Perform transactions quickly

Another big advantage of investment in Bitcoin is the fact that transactions can be processed quickly. Since there is no bank in Bitcoins, the transaction is smoother and the money is visible almost immediately in your account.

  • No transaction costs on Bitcoins

As no bank is required, you can carry out completely free transactions with Bitcoin, also abroad! Foreign transfers in reais usually cost a lot of money, considering fees, exchange rate and IOF.

Already with the investment In Bitcoins, this form of money can always be sent to other owners for free, anywhere in the world.

  • Privacy: Completely anonymous

Privacy and anonymity are important to many people: Certainly after the recent scandals surrounding the spying practices of the NSA, among others, more and more people are looking for methods in which they can receive more privacy.

Bitcoin can offer a solution here, as it is possible to transfer Bitcoins from one address to another address completely anonymously.

Investment: What are the disadvantages of investing in BitCoins?

  • Revolution: Angry Governments

Governments have absolutely no control over this currency. This makes the currency extremely attractive for criminal purposes: Think money laundering or tax evasion.

So it wouldn't surprise me if governments tried to discredit the currency. This happened recently, for example, when the Chinese government banned Bitcoin trading through large investors.

  • How safe are Bitcoins?

Bitcoins are stored in local wallets that require private keys. Therefore, if you lose this key, you will no longer be able to use your investment in Bitcoins.

It is worth noting that Bitcoins are seen as very secure, but every system can be hacked in theory. Therefore, how secure the storage of Bitcoins is remains a question.

  • Unstable course due to speculation

There will never be more than 21,000,000 units of Bitcoins in circulation: The supply remains the same, while under the influence of the media popularity and demand increase.

Under the influence of the same media, there is enormous volatility that speculators like to use: The price of Bitcoin is therefore very unstable.

If you are not afraid of a thrilling roller coaster, you can profit from it: Therefore, with your investment, you can convert the huge price increases and price drops into profit by trading Bitcoins through a broker.

And if you liked our article today about investment em BitCoins, So, continue on our website and check out much more!