If you like to invest your money, first read about Crypto Currencies in general. Then start to watch at the top 50. Find some blogs where people talk about Crypto Coins, Token and ICOs. Then have a closer look to the coins/tokens they are sounds most interested for you. Make your own list and then split your investment to this list. Of course, Bitcoin should be at it.

Bitcoin’s legality is quite a controversial issue as almost every country has rejected it as a legal tender. This is primarily because of the fact that Bitcoin is a decentralized cryptocurrency.  While it is not officially legal in the US, the government has classified cryptocurrencies as MSB (Money Services Business). The US government has been more open and positive about Bitcoin compared to many other nations. Several government bodies have been instructed that all Bitcoin transactions need to be carried out only in legal terms.

Cryptocurrencies are highly volatile and its price fluctuates a lot on every news which comes out and is related to it.

I’m still very bullish on it. But please please make a rule of thumb for investment in cryptocurrencies. Invest the money which you are ready to lose and don’t invest the money which you need in short time.