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