Uploaded on Nov 5, 2020
PPT on Why you should and shouldn't invest in Bitcoin.
Why you should and shouldn't invest in Bitcoin.
WHY YOU SHOULD AND
SHOULDN'T INVEST IN BITCOIN
BITCOIN
Bitcoin is a cryptocurrency invented in 2008 by
an unknown person or group of people using the
name Satoshi Nakamoto and started in 2009
when its implementation was released as open-
source software.
Source: Wikipedia
WHY YOU SHOULD
INVEST IN BITCOIN
ADOPTION OF BITCOIN
FOR PRACTICAL
APPLICATIONS
• Just like the adaptation of the internet, bitcoin
is also being adopted by our society. More and
more businesses are ready to use bitcoin as
their primary currency.
• Bitcoin is integrating into our society with the
passage of every single day.
Source: europeanbusinessreview.com
LEARNING ABOUT
INVESTING IS FREE
• Learning about bitcoin investment and
making profits is very easy.
• Using great platforms like the one mentioned
in the above paragraph makes it very easy for
new investors to learn and understand the
hidden bitcoin secrets.
Source: europeanbusinessreview.com
PRICES WILL KEEP ON
GROWING
• As the demand and value of bitcoin increases
with more people than ever using bitcoin as
the primary currency, the price of bitcoin will
eventually increase.
Source: europeanbusinessreview.com
BITCOIN’S AUTHORITY
• Many other cryptocurrencies are using new
marketing tactics and present significant
benefits to its users.
• However, bitcoin is on the top because Bitcoin
is one the backbone of almost all other
cryptocurrencies.
Source: europeanbusinessreview.com
WHY YOU
SHOULDN'T INVEST
IN BITCOIN
VOLATILITY
• The price of bitcoin is always rippling back
and forth.
• If you happened to buy bitcoin on December
17, 2020, weeks later, you couldn’t sell your
investment at the same price.
• The bitcoin market is constantly changing.
With such an unpredictable market, you can
hardly get a good return on your investment.
• To avoid huge loss, keep a close eye on the
market.
Source: cointral.com
THREAT OF ONLINE
HACKING
• Hacking is a big threat facing a bitcoin
investor. Bitcoin exchanges let you buy and
sell your cryptos using a mobile app or
website.
• This leaves them susceptible to hacking and
theft of all your investment. And bitcoin held
on exchanges isn’t insured by the FDIC.
Source: dailyexpress.com
LITTLE OR NO
REGULATION
• The bitcoin market currently operates with no
major regulations. It isn’t taxed and
governments have no clear stance on it.
• As a result, you could stand exposed to fraud
and malpractice.
Source: europeanbusinessreview.com
WALLETS CAN BE
LOST
• If your hard drive crashes or virus corrupts
your wallet file, you lose your bitcoins.
• You can go from a wealthy to bankrupt
investor within seconds with no way to
recover.
Source: europeanbusinessreview.com
LIMITED USE
• Bitcoin is currently only accepted by few
online merchants.
• Many companies don’t also recognize bitcoin
as a legitimate exchange, making it an
unfeasible investment vessel.
• Besides, there’s only a fixed supply of bitcoin
i.e. 21 million.
Source: europeanbusinessreview.com
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