Should you invest in Bitcoin?

Before considering anything ,I want to tell you that bitcoin doesn’t exist as a coin physically.It is like a file or a digital and international currency that is transferred from one person to another person . The process of creating Bitcoin is called Bitcoin mining and people who mine/create bitcoin are called Bitcoin miner.No organisation, country, government or a single person owns a bitcoin .If the price of bitcoin is high in market someday then it will have a high value on that day , and if someone day it’s price is low then it will have low value on that day it’s simple.No one will be responsible for your profit or loss for your investment on bitcoin . let me tell you views of some great businesspersons and investors on bitcoin.

1. Warren Buffet: The legend investor, Philanthropist and business man says that Bitcoin is an unstable currency it is quite risky to invest on this currency because no one actually own it and no one will be responsible as, I mentioned before he calls bitcoin a “delusion” or a “rat poison”. He vowed in the year 2020 that he will never own or invest on not only bitcoin but any cryptocurrency , arguing that they attract charlatans and “basically have no value”.

2:. Bill Gates: The great business man, Philanthropist and computer scientist say’s bitcoin uses a lot of electrical and is very harmful to our environment and he will never own or invest on a bitcoin because he wants to save the nature.

3.Elon Musk : The genius inventor, investor, engineer, entrepreneur , Philanthropist and the role model of every young boy or girl says that bitcoin is the future currency and people should invest on it freely. Elon musk himself owns bitcoins ,dogecoins and other cryptocurrencies.

4 : China: China thinks that Bitcoin and other cryptocurrencies are future and China is highly investing and mining new bitcoins . Chinese 🇨🇳, business tycoons such as Jack Ma, Ma Huateng , Hui Ka yan freely support bitcoins and other cryptocurrencies . Well china is a communist dictatorship so, we will not consider it’s advice.

Conclusion: You can invest on bitcoins or any other cryptocurrency but according to how much money you have? If your budget is high and you own a lot of money then you definitely can invest as much as you want but I will recommend that not to invest more than 300 dollars at one time. If you don’t own much money or you have low budget then invest less so, you won’t get much loss if the market value of bitcoin or any cryptocurrency is down at some time.I will recommend to invest not more than 100 dollars at one time . Invest but with proper research and planning so that you won’t be in loss .