Advantages and Disadvantages of Online Investment

[Shavkat]

I had an acquainted friend who keeps on telling me to do this. However, I do not have enough time to do it.

 

[Sanjeev]

@Ofonime I know the growth is much better when you invest online but still there are plenty of risks.

 

[Ofonime]

The advantage is that you can make good amount of money if your investment turn to favor you but if your investment fail you can as well put hand across your head it's always painful

 

[nomad]

The only online investment that I am involved with now is crypto currency investment. I do not invest in pyramid scheme

 

[Hate2Wait]

It's risky to invest online but I guess we can take the calculative risk and invest in cryptocurrency and can expect decent returns even in the short run

 

[Sanjeev]

@Hate2Wait it's not easy to calculate the risk in cryptocurrency because they are too volatile.

 

[Hate2Wait]

@Hate2Wait it's not easy to calculate the risk in cryptocurrency because they are too volatile.

Yes this is the problem and this is why I am not investing in crypto and just taking payments from a few websites in crypto and sell these when I find an exchanger

 

[Sanjeev]

That is what I also used to do but not now since the government has announced that there will be taxes on exchanging crypto.

 

[Sawe]

Online investment strategies truly comes with advantages and disadvantages. One advantage is that you can start with a low income and keep growing. But the disadvantage is that you can easily be scammed and so you need to be really careful.

 

[Ofonime]

There are so many advantage of online investment and there is also an advantage to it but falling prey to scamer is what I don't really like

 

[cherry123]

Investing through investment platforms can be profitable, but online investment most times scam you come across multiple scams with online investment

 

[stan358]

One disadvantages of online business is the issue of trust. The company and directors of the business could not be known to the customers and this could lead to total scam and loss of investment..

 

[Rubz]

Some of the advantages of online Investments are;
- it is convenient
- there is fast execution of trades and transactions.
The main disadvantage of online investment is there is risks of cyber attacks.

 

[stan358]

One disadvantage of online business and investment is that you do not have Total control of your funds. There are possibility that you might loose them.