ADVANTAGES AND DISADVABTAGES OF INVESTING IN CRYTOCURRENCIES? – A DETAILED DISCUSSION

There are a lot of key advantages for the investment of the cryptocurrency. There are the mixed opinion of the people for the investment of the cryptocurrency, some of the prominent advantages of the cryptocurrency are there. There is no kind of restriction in the payment so that the transaction of the money becomes easy enough, there is always the maintenance of anonymity in the online transaction of the cryptocurrency. There are the uses of the complex algorithm, no inflation thorough which the transaction has been affected by them.

There is always the presence of the acceptance and usage is there, the diversification is one another level which makes the committee act more comfortably. There is always the limited supply of the limited cryptos, probability against the currency of the inflation and the debasement, also there is always the best and high potential return for that. The technical chart of the analysis is there bullish, the potential investment of the as the hedge of the geopolitical turmoil most widely accepted and Alos known as the large market cap of the cryptocurrency, also the cryptocurrency is always borderless, there is always the growing accordance as mean of the payments.

The disadvantages are also there for the investment of the cryptocurrency first is that there is always the lack of awareness of the knowledge about the cryptocurrency, and people become the victims of the fraud and corrupt people hence they least have to bear the loss for the investment of the cryptocurrency, whenever anyone wants sometimes the cryptocurrency may not fiat with the cryptocurrency.