http://cryptocurrencydepot.com/articles/should-you-invest-in-bitcoins/ There are many considerations in whether to invest in altcoins such as Bitcoins. This presentation examines bitcoin trading and the pros and cons of investing in bitcoin. Click the link above for more information.

1. Should You Invest in
Bitcoins?
http://CryptoCurrencyDepot.com

2. A Big Plus
• Not owned by any one bank or
government!
• Transfers and exchanges of
Bitcoin are done directly by users
and miners – this is a peer-to-
peer system. This process
results in much lower
transaction fees.

3. Acceptance by
Retailers Increasing
• Retailers that accept Bitcoin as
payment for goods and services
on the rise, including:
• Overstock.com
• Fiverr.com
• And many more….
• Bitcoins can also be traded in a
Bitcoin Exchange.

4. Overall Cap
• There will be a cap of the
number of Bitcoins that are
mined. This number will stop at
21 million, and it is expected that
this number will not be reached
until around 2140.
• This means that the value of
Bitcoin will only increase from
here on out.

5. Safety
• All Bitcoin transactions are
recorded in a public ledger
known as a Blockchain. Any user
can see this record in order to
verify transactions; it is this
availability or access to the
ledger that helps keep the
currency relatively safe.
• However, there are potential
pitfalls to consider.

6. Your Wallet
• Once a Bitcoin transaction is
verified, it cannot be stopped or
refunded. In addition, if you lose
your access to your electronic
wallet, your funds will be lost.
• This is why it is important to
protect your wallet or back it up
to another device.

7. Volatility
• The biggest downside to
investing in Bitcoin could be its
volatility. The value of Bitcoin
fluctuates like crazy on some
days—depending on when you
invested, this could be a good
or bad thing. Last year the price
quickly went from around $14 to
$1,200 USD, but it then dropped
again to $632.

8. Conclusion
• Investing in Bitcoin can be a
significant part of one’s
investment portfolio, but knowing
the possible pitfalls is a
necessary step before
embarking upon this strategy.
• Always weigh the risks vs.
potential of any investment
before proceeding.
• We have lots of information to
share on our website—come
visit!

9. http://CryptoCurrencyDepot
.com
Click the link to find out more about Bitcoin
and other altcoins.