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Hi Does Anyone Know Anything About Bitcoin

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Tamirra65 | 18:32 Sun 11th Nov 2018 | Business & Finance
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Is it legal?

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Yes it’s legal
100% legals as RR says but be careful none the less, it can go down as well as up x
Yes I know all about it, yes it's legal.
Question Author
Can you please elaborate on " The yes it is legal" please, and can anybody direct me to a legal dite also please?
Well something is either legal or it isn't, it's as simple as that and if you want any further specific info just google for it, it's very readily available x
legal as in not illegal
Don't invest any more than you can afford to lose.
It's important not to confuse Bitcoin with sites such as Bitcoin Trader. Investing in Bitcoins is a sound enough idea if you don't mind taking risks but Bitcoin Trader is a scam and you'll lose all your money there.

Investments in Bitcoins can see rapid profits but, equally, the value of your investment might be halved overnight. There are lots of other virtual currencies and the best gains are often to be made by getting in on the ground floor of new products.

If I'd got a few thousand pounds to play with (where it wouldn't matter too much if lost most of it) I'd definitely be putting it into virtual currencies but I don't want to risk the small amount of money that I have.
The internet is fully of dodgy dealers and 'wonder apps' that claim to ensure that you'll make money from Bitcoin transactions. This site though seems to get the approval of many financial journalists:
http://bittybot.co/uk/
Question Author
Thank you Buenchio
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