Bitcoins is a scam and I am speaking from experience! I am trying to warn people about it, save them from getting screwed over! If you want to invest in bitcoins you might as well throw your money away..because cryptsy dot com hijacks your account by not letting you in and everytime you try contacting support they tell you the same thing...to do reset blah blah blah and the results are always the same! Just FYI , I am very tecnhical savvy since this is what I do for a living so you can rest assure it wasn't because of my incompetence to follow technology! Plus they made sure you can't reach them because there's no support line!
Pros: 1. You can hold the physical metal in your hand. 2. It will never go to zero. Cons: 1. Liquidity, unlike the paper market that you can just click a button to sell, with physical metal you will have to find a buyer. Depending on how desperate you want to sell, typically the quickest way is to sell to coin shops. Problem with selling to coin shops is they typically offer you below the spot price and if you are lucky you might get the spot. The alternative will take much longer, example , if you sell to APMEX there's a lengthy process you have to go through before you get your check or your funds deposited to your account.
I agree , bit coins is a scam, if u can't hold it u don't own it
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