Is it wise to buy hundreds or even thousands of dollars worth of BTC?

Bitcoin Questions and AnswersCategory: General questionsIs it wise to buy hundreds or even thousands of dollars worth of BTC?

Luke asked 1 year ago

Will it be a good investment? If so, how do we know it would. If not, should I invest in something else like litecoin?

1 Answers
Ofir Beigel answered 1 year ago

Hey Luke, I can’t really give you any investment advice. Actually no one can, and anyone who does is probably a charlatan. 
What I can advise you is to learn everything you can about Bitcoin and then decide for yourself. If you want some basic info go through our email course –  it will give you a good understanding of what Bitcoin is. Later on follow the currency for a while and the news and try to decide if you want to get in on this.
I can tell you that if you’re investing in Bitcoin it’s a very risky investment and you should never invest more than you’re willing to lose.

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