Am considering buying bitcoin with some amount of money which isn't mine. The reason been that i hope to make profit from this, but the current state of bitcoin isn't encouraging although i have i hope for increase and am positive about it but i need to know if am not missing anything out (i will hate to be in debt). Looking at coinmarketcap bitcoin nose-dived by 10.35%. I dont just want to see this cash lying fallow in my account without bringing in profit which is making me buy the idea of buying bitcoin and holding till early January for someone.

I need expert advise on this?  as regrading if i should go ahead.

The rate at which bitcoin is surging high is alarming, each day there is a thousand increase.Am not sure if bitcoin has any regulation.If anything can make it take a step back a little, it will most likely be a fundamental analysis. Although i started crypto late but i dont think its too late to reap benefit from it.

what are your thought about the bitcoin on the long run?