Is it safe to invest in Bitcoin?

On Qoura and personally during a casual talk about Blockchain and Bitcoin I am often asked whether it is safe or even necessary to invest in Bitcoin?

The misconception has arisen among people, which I must admit dispirits me a little, about Bitcoin being an investment tool 😐

I would like to clarify this important moment of misconception.

Yes, in this transitional period, of Bitcoin acceptance by population and continuous war against it by regulators, speculators are happy with the lie of the land, where the meaning of cryptocurrency is completely distorted and, I would even say, perverted for clear goals - the regulation and control by the state and mere human greed.

And, yes, you can gamble and win ... or lose in this transitional period, due to extremely high volatility and fluctuation of Bitcoin rate in relation to Fiat (money approved by the government). As one of the characters of "Madagascar" cartoon movie said: "well, fifty fifty (50/50%)".

Therefore, even if you do decide to "invest" in Bitcoin, use the amount you are ready to lose.

And this rule applies to all types of investments, not only in Bitcoin. The golden rule - no more than 30% of your savings may be spent as an investment — should be carved in your memory!

Bitcoin is a high-tech secure tool and method of payment for the goods directly, peer to peer, without intermediaries or any 3d parties, and was meant to serve this purpose while being created, and not for speculations on the markets.

Almost all cryptocurrencies (except for 5-6 that I trust behind which there is the "Idea", a strong team of ideological developers, such as Vlad Zamfir and Vitalik Buterin in Ethereum, and ideological community) were created for this purpose.

And the last advice - before you trust any crooks who promise you mountains of gold on speculation on Bitcoin, always refer to the original source, white paper in this case and find the major evidences and consult the people you can trust who know stuff about the topic.

I even urge you to doubt my words and find the truth for yourself as the truth is much dearer to me!