We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

Experts Speak for Crypto Risks

Share On Facebook
share on Linkedin

As we are seeing everywhere on the earth that people are wanting to be more digital, but we do know that this will takes ages or at least some more years because everyone understands that it is important but no one really knows how to get into that place.


People have started to instil faith in the digital currency because very soon the digital currency will replace the traditional currency. Everything including business and trades would become easy with bitcoins emerging as the mainstream currency. The bitcoin profit says that there are many other cryptocurrencies available in the market but the bitcoin has seemed to have achieved the most number of appreciation among the rest of them.

However, it might seem very easy to use digital currency but there are enough of limitations in using the digital currency. One has to know the pros and the cons of using digital currency, but the limitation is not really recorded well. Here we will show you some of the limitations that one has to face.



The volatility of the bitcoins and all cryptocurrencies are quite common but is not common is the unpredictability. Nothing related to bitcoin or cryptocurrency could be ever predictable, the value of bitcoin is most unpredictable but apart from that the movement of the bitcoin is equally unpredictable. The value of bitcoin rises and falls however often it wants to, there is no control over it. Since there is no government or any such authority to control the movement of the bitcoin, it becomes an unpredictable activity because the bitcoins move according to their wish, there is no regulation as such.


Hacker’s Activity

Anything related to digital has obviously the chances to get hacked, the hackers and the cybercriminals are always hyperactive in hacking digital asset. The hackers of the crypto world are always active, and they want hack bitcoins and that is their profession. They earn money or bitcoins by earning bitcoins digitally.

You will have to buy bitcoins and keep it in some wallet and keep it safe. The digital wallet must be safe indeed to avoid the hackers from hacking your bitcoin from your wallet. Now it is your responsibility to keep your bitcoin safe in your wallet with your private key so that no one can hack your wallet password. Remember the hackers are more talented than you and me, they have better plans to hack out accounts. We can’t curb the criminals from doing anything, but we can keep our wallets highly prioritized and locked.


Regulation Limitation

The regulation in the case of bitcoin is limited, everyone or at least most of us are now aware of the advantages of using cryptocurrency but due to some typical crypto phobia, we avoid using the cryptocurrency.

The traders and the businessmen are still not very willing to accept this kind of mode of exchange. The cryptocurrency is much widely known and aware of but still not used largely. It is widely used through a lot of illegal activities, through various other countries. Hence it is commonly and largely believed that bitcoins are used illegal everywhere. People have failed to understand that bitcoins could be helpful.

In some countries, it has been legalized but people do not understand that they still believe that it is illegal hence they avoid buying it or trading. They just feel that it is a legal activity only done by criminals actively across the world. Many think that the dark web net is just used for this purpose, hence most people in the fear of getting attached to something fierce or criminal avoid using this.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

Do you want to write for our Newspaper? Get in touch: