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Lokoja
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1593.5 Karma

Review on Bitcoin by larei bello

Revainrating 5 out of 5

Bitcoin- the way forward

Bitcoin is the fastest growing and the most demanded crypto coin. Founded in 2011, by Satoshi nakamoto. Its popularity and its demand in the digital market has accounted for its high price and its success in the market. Bitcoin makes transaction very easy as it is accompanied by a low transaction fee. It is a currency that is not influenced by any political agent that makes it harder for government to manipulate Bitcoin units. It has a high liquidity as it keeps it original value when converting from bitcoin to Fiat, it can be easily converted to cash .
It is very decentralized and immutable platform. The transaction speed is high apart from situations where network is slow. It is a vvery good investment platform. It has a non refundable policy so any victim of scam is left to his or her fate. It is a mineable coin. It is accepted globally as a means of transaction. It works with Proof of Stake and Proof of Work to validate its blockchain blocks. The price is very volatile as it values can flunctuate easily



Pros
  • It is very profitable
  • The largest investment platform
  • It is highly liquid
Cons
  • No refund policy

Comments (2)

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October 17, 2020
As you said, the lack of a refund makes me very sad. But the most suitable currency for investment. Your chances of not making a profit are very low. Now I started this project. I think my money will increase. Thanks for your thoughts.
October 16, 2020
Bitcoin is really successful and we can say that it is the most common crypto currency in the world. Thank you for this detailed article, I liked it very much and learned a lot. Always keep writing articles like this, I wish you continued success.

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