Review on Bitcoin by Modest Opinion
Bitcoin is the base of crypto world
I bought my first satoshi several years ago. My acquaintance with Bitcoin has grown into a business of arbitrage trading.
Personally for myself, I consider it the most reliable way to store Bitcoins in the “brain wallet”. For some small amounts, you can use the wallet inside the cryptocurrency exchange. I highly recommend to buy bitcoin on the exchanges. This is the most economical way, in my opinion.
The total cost of buying Bitcoin will be no more than 0.35% of the deposit. With a serious turnaround, saving 5% can be a significant amount, especially if you are engaged in arbitration.
Pros
- Popularity : Bitcoin is the most popular and valuable cryptocoin
- Easy to use: You can keep your coins in secure and reliable wallets and don't worry about it's safety
- It is innovation idea to use it in many specters of business
- Volume of transactions is the hugest in cryptoworld
Cons
- It's value varies greatly and has not stable trend
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Comments (1)
August 05, 2019
And how much progress has been made using bitcoin? Do you use it only to safeguard funds or as a trade? How about the transactions? Do you agree with Bitcoin Lightning Network?
