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Samyrat Meredov photo
Italy
4 Level
228 Review
45 Karma

Review on Bitcoin by Samyrat Meredov

Revainrating 3 out of 5

It is dangerous to invest without tracking the price of bitcoin.

Bitcoin cryptocurrency has been chosen because of the large number of currencies in people's lives. After Bitcoin, a number of alternative coins began to emerge. But none of this is as popular as bitcoin. I think this currency will be used instead of paper money from now on. Because it is possible to exchange bitcoin on any Exchanges and wallets. But what scared me was the fact that the creator of this currency was unknown.
Although bitcoin was initially very low, it is now above $ 40,000. Bitcoin can be exchanged for several cryptocurrencies. But I do not recommend users to exchange this cryptocurrency. Because the price of bitcoin fluctuates in seconds. For this reason, while some users may make a profit, they may lose some of their investment.
But Bitcoin is still not recognized in some countries. For example, there are very few people in my country who know bitcoins.



Pros
  • the website of the project is very impressive.
  • Bitcoin can be fully embedded in our lives.
Cons
  • Bitcoin prices may fluctuate in seconds
  • The people who created Bitcoin are unknown.

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