Is it ok to invest in bitcoin?
SInce it was just starting to mature in India, Let me know your thoughts on the same
1 Answers
Hi,
Bitcoins, can be considered as an 'alternative investment', like antiques, wine, art etc.,
They can be very risky and I believe that lot of speculation happens in buying/selling of bitcoins. Suggest you not to make bitcoins as your Core Investment.
If you are a high-net-worth individual and can stomach lot of volatility/risk/speculation, you may invest very small portion of your investitble surplus in this investment avenue.
To be frank, personally I have not done comprehensive research on this avenue.
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