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Review on Bitcoin by Maurissieddu 99!
Bitcoin and cryptos, the Coins of the future (with their pros and cons)
I use cryptos principally for trading, i have little money in crypto so i prefer investing in other cryptos rather than bitcoin, i will put some money for sure when i will have more money, it seems really promising
For me bitcoin and even other crypto have a shining future and that is why i like them and i like investing on them.
I bought only one time with bitcoins aaaand.....i got scammed and got nothing in return, gifted some bitcoins worth 100 euros at the time and now they should value 300 euros, but that was my fault of course for buying from scammers, never bought from uncertain websites again.
I was something like 10-13 when bitcoin first came out so i could not think about it but once i got 17 i started watching it and i was really interested, too bad i am not rich and cause of that i did not even had a credit card so i could not spend any money on bitcoin, to this day i am still sad about it😔
Pros
- It really is anonymous.
- you can send every amount you want and the taxes are not high.
- The very big value it has now make it really difficult to vary in the time you get and send bitcoins to pay for something.
- You can buy and even if you get almost nothing in bitcoin, that amount will have said value.
- Yo you can buy Teslas with it :)
- You coud have very big gains if you leave money on bitcoins,you can also get big losses so be carefull.
Cons
- It takes eternity to get and send bitcoins, something like minimum 20 minutes to even 1 hour
- You pay some taxes
- If you get scammed you can do nothing about it, buy-send bitcoins only from whom is verified
- You can have very big losses if you don't know how cryptos work but it is no problem if you buy them to spend them right after
