I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Earlier I was also willing to do the same but here a big problem came in front of my plan because I thought at that time what will happen if the government ban the bitcoin after buy it in bulk , in that case I will my all the principle , so I stopped my idea to Invest in bitcoin .
Now currently the same thing is in my eayes front that the my country government is looking to ban or accept bitcoin officially . Now all this depends upon the future that what will happen.
Ofcourse I will put my money whole in the bitcoin but the SE condition is also for me that whether mine country will accept bitcoin or not .
But here I don't think here risk is more to Invest in bitcoin currently Because few of the countries accepted already bitcoin officially as a legal way of payment , so if government will ban then still we can sell our bitcoin once for the doller through exchanges .
Well here I have about 0.6btc in my wallet which is continuously giving me fear whether to accept the India bitcoin or will ban .
Even after these I am in mid fear of no more loss in the bitcoin Investment .