Only 5% of UK Bitcoin investors made financial gains — report

By Felicity Duncan

Not long ago, a reader wrote to a member of our Biznews team saying she was in need of quick investment gains and asking the best way to invest in Bitcoin. If I had replied to her, I might have replied with this story from the UK. It's a report revealing that less than 5% of the millions of Brits who have invested in Bitcoin have made any financial gain from their investment. 

Now, it is true some people have made a lot of money on Bitcoin. But those people are in a small, select group — most got in early, were involved in mining Bitcoin, and understand the crypto market. For regular people, investing in Bitcoin is almost inevitably a losing bet. 

___STEADY_PAYWALL___