I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet. 
I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.
I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots. You should consider other alternatives whenever you think of investing everything that you have into just one mechanism. Unlike bitcoin, investing into stocks, golds, real estate, and bonds have their respective collaterals and security due to the intervention of the government. Like what you mentioned, the history of bitcoin is relatively short compared to the other investment mechanisms but one thing that they lack is the percentage yield and opportunity to earn large amounts of money in a short amount of time.
Most investors are inclined into the traditional way of investing since they are already grown accustomed to it. They think that the old method would always be better but in fact, we are transcending into a digital age of revolutionary developments.
Personally, I will diversify my investments and establish a plan on how would I do it. Maybe like 60% of my earnings would be for bitcoin and the other 40% would be for stocks, bonds, etc.
One thing that you always have to consider is the money that you invest, consider that as the money that you are willing to lose.