Review on Bitcoin by Daweed Gmy
Average
My personal experience with bitcoin was an average ride, profited +6% within 4 months. Lost over 17% within 2months. If you want to invest long term and just want to forget about it then this is it but if you like to put in 100-200$ every week and see your money grow every minute (less stable) then smaller crypto is for you. Not a financial advisor just your average guy. Bitcoin will stay at the top for a good while longer but there isn't any use for it rn so hopefully we see it being implemented in our day to day life like buying a bus ticket with it. But nothing here in Ireland so far. For example imagine renting out an Escooter or paying for rent. If only we had very stable crypto.
Pros
- Long term Profit
- Stable / leader in the market
Cons
- Limited amount
- Controlled by big Corps
- People rather invest in smaller crypto
- Short term is mostly on a -
