What is the difference between pasting an image into InDesign or placing the image?

Question

It seems like both of these work but pasting is easier. Why would I place the image instead?

Answer 1

Pasting:

1. Advantages
2. If you paste an image into InDesign, the image is automatically embedded into the ID document so if you share the document, the user will be able to see the image.
3. Disadvantages
4. This can increase the size of the ID document if the resolution of the image is high.
5. Pasted images will not show up in the Links panel, so all of the information about your image will be unavailable.

Placing:

1. Advantages
2. If you place an image into InDesign, the image is linked to the ID document so your file size will be smaller.
3. You can also embed a placed file so if you share the document, the user will be able to see the image.
4. Placed images can be edited with their original programs and the links can be easily updated. (this is called "round-tripping")
5. Placed images (even the embedded placed images) will show up in the Links panel so you can see all of the information about the image.
6. Disadvantages
7. If you forget to embed your placed images and you share your file, the user will get a "missing link" error.