Bitcoin cash pros and cons

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Pros And Cons Of Bitcoin Cash BTC Wires

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Pros of Bitcoin Cash. There are many reasons to invest in Bitcoin Cash and most of them arise from its multiple merits. Let’s have a look. 1. High Efficiency of Bitcoin Cash. Unlike Bitcoin, which limits the maximum block size to 1MB, Bitcoin Cash has gone for an 8 MB block size. Naturally, having a larger block makes sure transactions get

Estimated Reading Time: 7 mins

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Pros And Cons Of Investing In Bitcoin Cash, Will It Be A

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Though many believe in Bitcoin Cash’s new features and roadmap, there are certain cons investors should consider. Some disadvantages of BCH include branding issues, low adoption, and high volatility. While Bitcoin Cash may be a millionaire-maker, one should consider the risk-reward profile of Bitcoin Cash.

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Bitcoin Cash Vs. Bitcoin The Pros And Cons CoinCentral

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Bitcoin Cash vs. Bitcoin. The history between Bitcoin and Bitcoin Cash is a contentious one, but we’re here to look at the advantages and disadvantages of each coin moving forward. We’ll examine the value proposition of each and their vastly different approaches to scaling.

Estimated Reading Time: 8 mins

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Bitcoin Cash Vs. Bitcoin The Pros And Cons The Bitcoin

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Bitcoin Cash vs. Bitcoin. The history between Bitcoin and Bitcoin Cash is a contentious one, but we’re here to look at the advantages and disadvantages of each coin moving forward. We’ll examine the value proposition of each and their vastly different approaches to scaling.

Estimated Reading Time: 9 mins

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Bitcoin Cash Vs. Bitcoin The Pros And Cons …

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Bitcoin Cash vs. Bitcoin The Pros and Cons. By. Editorial Staff - August 7, 2018. Facebook. Twitter. Pinterest. WhatsApp. The history between Bitcoin and Bitcoin Cash is a contentious one, but we’re here to look at the advantages and disadvantages of each coin moving forward. We’ll examine the value proposition of each and their vastly

Estimated Reading Time: 9 mins

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8 Pros And Cons Of Bitcoin VMHN

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No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of cryptocurrency. Cryptocurrency has become increasingly popular over the past few years, with roughly 14 percent […]

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Dash Vs Bitcoin Cash: Pros And Cons Of Both Crypto

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Dash (DASH) vs Bitcoin Cash (BCH): Cons and pros of both crypto projects. The founder and ideologist of the Dash currency (DASH) is Evan Duffield. On January 18, 2014, the XCoin (XCO) coin appeared, which a month later became known as Darkcoin. On March 25, 2015, it received its current name, DASH (short for Digital cash – digital cash).

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Bitcoin Cash Vs Ethereum: Which Is Better? (2021)

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Next, let us view all the pros and cons with Bitcoin CashBitcoin Cash Pros & Cons. If you are looking to invest in Bitcoin Cash, the following reasons may impress you. Pros of Bitcoin Cash. Speed and Block Size: Bitcoin Cash has upgraded its block size from 8MB to 32MB, making it more scalable. This means that more and more people can use

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What Are The Advantages And Disadvantages Of

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But obviously Bitcoin made a hard fork (split) between two camps, which resulted in Bitcoin and Bitcoin Cash. From other sources, we have heard that there are more topics within the Bitcoin world that are being debated such as a potential update of the software/protocol to handle 2MB sized blocks. If you know more about this potential 2nd rift

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Estimated Reading Time: 10 mins

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Pros And Cons Of Cash App : Bitcoin Reddit

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Pros and Cons of Cash App. Hi everyone - I’m newer to hodling and am using the Cash app to buy. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you

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8 Pros And Cons Of Bitcoin Emergency Squad

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No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of cryptocurrency. Cryptocurrency has become increasingly popular over the past few years, with roughly 14 percent […]

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Should You Use Cash App To Buy Bitcoin?

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With that in mind, here are the pros and cons of using Cash App to buy Bitcoin. One email a day could help you save thousands Tips and tricks from the experts delivered straight to …

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Bitcoin Pros And Cons Advantages And Disadvantages Of BTC

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Bitcoin Pros and Cons. Many are attracted to Bitcoin by its independence and pseudo-anonymity. But its convenience of use, speed and costs are not always as attractive as one would like. Essentially, Bitcoin is the first successful implementation of global peer-to-peer cash that lets everyone store and exchange value with others, no matter

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Bitcoin Cash Vs. Bitcoin The Pros And Cons Learn Crypto

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Bitcoin Cash vs. Bitcoin The history between Bitcoin and Bitcoin Cash is a contentious one, but we’re here to look at the advantages and disadvantages of each coin moving forward. We’ll examine the value proposition of each and their vastly different approaches to scaling. We’ll also dissect branding and levels of decentralization.

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19 Major Pros And Cons Of Bitcoin – Vittana.org

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The price for a single Bitcoin was $0.30 in 2011. On December 17, 2017, it reaches an all-time high of $19,783.06. That’s why weighing the pros and cons of this cryptocurrency is an important practice for anyone who is thinking about an investment in the near future. List of the Pros of Bitcoin. 1. There is always growth potential with Bitcoin.

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The Pros And Cons Of Buying Cryptocurrencies Nasdaq

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Pros and Cons of Trading Cryptocurrency. Cryptocurrency is a cash and credit card substitute. In today's world, many businesses accept bitcoin payments. Bitcoin

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8 Pros And Cons Of Bitcoin IDT Web

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No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of cryptocurrency. Cryptocurrency has become increasingly popular over the past few years, with roughly 14 percent […]

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8 Pros And Cons Of Bitcoin Heiser Marketing

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No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of cryptocurrency. Cryptocurrency has become increasingly popular over the past few years, with roughly 14 percent […]

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8 Pros And Cons Of Bitcoin PierH Syndication

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8 Pros and Cons of Bitcoin Finance No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of cryptocurrency.

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8 Pros And Cons Of Bitcoin AzyQuiz

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No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of cryptocurrencies.Cryptocurrency has become increasingly popular over the past few years, with roughly 14 percent of the U.S. population owning some form of

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Bitcoin Vs. Bitcoin Cash: What's The Difference?

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Bitcoin Cash pros and cons Pros: Not subject to inflation or fluctuation due to actions by the Federal Reserve. Increased transaction speed leaves room to scale as a decentralized payment option. More access to transactions generally mean lower transaction fees for buying, selling, and trading. Cons:

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How To Buy Bitcoin—and The Pros And Cons Of Each Option

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When the first Bitcoin exchange-traded fund was proposed in the U.S. in 2013, there were limited ways to buy Bitcoin. Some people crossed …

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Joining The Crypto Craze: The Top Pros And Cons Of Bitcoin

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Here is a list of pros and cons when it comes to investing in Bitcoin. image via Unsplash. Pro – A Decentralised Digital Currency. One clear advantage of Bitcoin is the fact that it is decentralised. This means that it cannot be valued or regulated in any way by any form of government or bank. Bitcoins are similar to digital cash, and

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Bitcoin Cash What Is BCH?

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Another heated point of debate that arose over the past couple of years was the scalability issue that ultimately led to the creation of Bitcoin cash. In this article, we will demystify all the nuts and bolts of the scalability problem and outline the pros and cons of the newly-minted Bitcoin cash. Understanding the Bitcoin scalability problem

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Bitcoin Cash Vs. Bitcoin The Pros And Cons Bitcoin

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Bitcoin Cash vs. Bitcoin. The history between Bitcoin and Bitcoin Cash is a contentious one, but we’re here to look at the advantages and disadvantages of each coin moving forward. We’ll examine the value proposition of each and their vastly different approaches to scaling.

Estimated Reading Time: 9 mins

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Pros And Cons Of Accepting Bitcoin As A Payment Method

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Bitcoin is a type of cryptocurrency, other examples are ethereum, bitcoin cash etc. bitcoin is the first and most popular. Pros – Zero chargebacks. Some business owners have gone bankrupt due to chargebacks. You may be easily defrauded when you use some payment methods like paypal. However, bitcoin payment prevents zero chargeback or reversals.

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What Are The Pros And Cons Of Bitcoin SV? TechBullion

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Bitcoin SV is an alternative cryptocurrency to Bitcoin Cash (BCH). It runs on the Bitcoin (BTC) blockchain and has been gaining traction for the past few years. In 2017, when the market for Bitcoin Cash suffered a hard fork, Bitcoin SV emerged as an ideal alternative. As mentioned earlier, the pros and cons of this asset define the

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What Is Bitcoin Pros And Cons Of Bitcoin In 2021 TBM

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For now, the mining cap has been set to 21 million. After that, a miner will not be able to earn rewards by mining Bitcoins. For mining, the powerful computers need to solve complicated mathematical problems, and only then is Bitcoin mined. Pros of Using Bitcoins. The popularity of Bitcoins has taken a surge since 2020.

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What’s The Difference Between Bitcoin & Bitcoin Cash? SoFi

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Pros and Cons. In 2018, Bitcoin Cash had its own fork, increasing its block size to 32MB in a year that saw fees that were much lower than Bitcoin. This increased block size and the lower fees were two of the main reasons for creating Bitcoin Cash in the first place, so developers were delivering on their promise.

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Bitcoin ATMs: Pros And Cons

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Cons. High fees. OK, a general online Bitcoin transaction may cost you about 20 bucks, but for Litecoin or Bitcoin Cash, it’s less than a dollar. ATMs charge 7% and more for swaps in any crypto. No anonymity. Bitcoin ATMs ask for a cell phone number verification, for your ID and a selfie.

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Altcoins Vs Bitcoin. The Pros And Cons Explained

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Altcoins vs Bitcoin. The pros and cons explained. Dogecoin, Bitcoin Cash, and Ethereum. These coins, which serve as an alternative to Bitcoin, are called altcoins. Altcoins have existed since 2011 when Namecoin was released with the same code as Bitcoin. However, altcoins are becoming more popular than ever.

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Bitcoin Payment Pros And Cons Accepting Bitcoins As Payment

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The pros and cons of accepting bitcoins as payment. A quick guide of the ins and out of accepting bitcoins for your business. Home; The Pros and Cons. peer marketplace, you can convert the bitcoin payments into pretty much anything you want—gift cards, bank transfers, cash

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The Pros And Cons Of Bitcoin As A Legal Tender

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In this quick guide, we put together a list of some of the pros and cons of legalizing Bitcoin. We predict these points will come into play in the event of the global adoption of Bitcoin as a legal tender. The Pros of Bitcoin as a Legal Tender. There are a few benefits to using Bitcoin and other cryptocurrencies as legal tender. Improved Discretion

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Cash App Review: Is It Good? Is It Safe? Bitcompare

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Besides service fees, you'll also notice a difference of one to four percent between what individuals pay for Bitcoin versus Bitcoin exchanges. That means Cash App might purchase a Bitcoin from one user at a rate of $9,900 and then sell it to another for $10,000. In the process, the company makes a revenue of $100.

Rating: 2/5

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Bitcoin ATM Pros & Cons CoinCodeCap

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PROs. There are some benefits of using a Bitcoin ATM in particular situations. Travelers can avoid the high currency exchange rate while traveling aboard and live off using Bitcoin ATMs. Bitcoin ATMs can be used for remittance vehicles. These ATMs attracts …

Estimated Reading Time: 3 mins

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Pros And Cons Of Accepting Bitcoin As A Business

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Pros and Cons of Accepting Bitcoin as a Business Bitcoin merchant adoption has been on the rise since the digital currency first started to gain a degree of popularity back in 2011. However, global bitcoin merchant adoption is not yet anywhere near that of credit cards or PayPal.

Estimated Reading Time: 5 mins

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The Pros And Cons Of Cryptocurrency Global Coin Report

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The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin. The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Estimated Reading Time: 10 mins

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Bitcoin Pros And Cons: Cryptocurrencies The Future Of

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Bitcoin and other cryptocurrencies have been proclaimed dead many times, but are still here. Learn about Bitcoin's pros and cons and join the discussion on the future of money. Bitcoin controversy. Bitcoin prices are skyrocketing. In December 2017, bitcoin set a …

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Bitcoin's Pros And Cons: Scarcity, Volatility

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Bitcoin has pulled back following a sharp rally. It’s a good time to consider the cryptocurrency’s pros and cons as it gains prominence in financial markets. This story will consider potential benefits and risks of Bitcoin, which was launched in 2009 and last month reached a …

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Coins.ph: Pros And Cons : Btc

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Bitcoin Cash has been and continues to be the original immutable Bitcoin ledger since it was launched in 2008. In 2017 Bitcoin got an upgrade with larger blocks and the Bitcoin described in the Whitepaper is now called Bitcoin Cash. Bitcoin Cash continues to be peer-to-peer electronic cash.

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Pros And Cons Of Cash App Cryptoshrink.io

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On this post, we will clearly show you the pros and cons of the Cash App to enable you know what exactly you are getting into. Pros: Where Cash App stands out. 1) Easy to sign up and use. Cash App is so easy to sign up for that you’ll be in your account before you even realize you have one.

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The Pros And Cons Of Bitcoin InvestorPlace

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Investing In Light of the Pros and Cons of Bitcoin. In theory, bitcoin looks like a great opportunity to jump on a new technology before it gains momentum — but in practice things are much

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Pros And Cons Of Trading Bitcoin Futures

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Hence, it is very important that you are aware of both the pros and cons of the crypto market before investing in it. We will now look at the pros and cons of investing in bitcoin futures and this can give us a little insight into what you can expect from this trading platform. Looking at the pros of futures trading: Margin Requirements

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Pros And Cons Of Altcoins A Guide For Beginners Koinal

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3) Bitcoin Cash (BCH) It is another permanent fork of Bitcoin. If you don’t like SegWit, you can invest in Bitcoin Cash. The market cap of BCH is $7.7 Billion, followed by Ripple. Pros. BCH’s transaction fees are $0.0019, which is relatively lower than the original Bitcoin having transaction costs $0.20 per transaction.

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How To Buy Bitcoin—and The Pros And Cons Of Each Option

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How to Buy Bitcoin—and the Pros and Cons of Each Option – Barron's. by Admin. October 24, 2021. in Bitcoin. 0.

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Frequently Asked Questions

What are the pros and cons of investing in bitcoin?

The Pros and Cons of Bitcoin Pro: Growth Potential. Perhaps the most appealing thing about bitcoin is that the technology is so new that the growth prospects look compelling. Con: Misunderstood. ... Pro: Safety. ... Con: Safety. ... Investing In Light of the Pros and Cons of Bitcoin. ...

What are the drawbacks of bitcoin?

Drawbacks of Bitcoin. Since bitcoin is governed by code and cryptography, it has a risk of breaking down if the underline code or cryptography contains a bug that has not been discovered yet. It is very difficult to securely store bitcoin due to the number of hacks and computer viruses.

Is litecoin a good investment?

That is certainly achievable if BTC is already in the trillions. Hence, Litecoin is definitely a good investment option. Additionally, Litecoin is less political, of which Bitcoin is plagued with internal political wars over who controls the future development of Bitcoin.

What are the disadvantages of coins?

Of course, apart from the pros, there are several cons of buying gold coins:

  • Thieves can steal your coins if you didn't hide them properly.
  • You cannot get any dividends from gold as you can get from bonds and stocks.
  • Sometimes, you may need to wait for many years until gold starts to go up.

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