One of the major advantages of online investment is everyone can start investing even with a low amount. You can try investment with as low as $5 through micro investment platforms like Acorn, Stash or Crypto Exchanges. The major disadvantage is you still need a lot of money to benefit from online investment. Getting scammed is one of the major risk of online investment.
Whether online investment is good or not depends on the specific investment type. While investing through investment platforms can be profitable, you come across multiple schemes such as high yield investment platforms, pyramid schemes, ponzi schemes, MLM, etc, will rob you.
Whether online investment is good or not depends on the specific investment type. While investing through investment platforms can be profitable, you come across multiple schemes such as high yield investment platforms, pyramid schemes, ponzi schemes, MLM, etc, will rob you.