I have being working hard to gather some money for business or investment now, I have $800 which my original intention was to start a provision business but looking at bitcoin recently falling to the earth, another thought came to me to use the money and buy bitcoin, I know the money is not much but I don't even know what to do. If I go into provision business it might required money capital and if invest in bitcoin I might not achieved anything with it for now, am confused what do I do? I need your suggestions. Thanks
In my opinion, your problem is within the limits of your expectations from the investment. You are talking about your choice of Bitcoin on the grounds that it is a safe investment and that you were surprised by the decline in its price.
We say that Bitcoin is a safe investment, given that it has become popular enough to qualify it to withstand in the investment products market.
You must be aware that any investment carries a level of risk, and that assets are never the safest option, especially in the short or medium term. Also, it is not recommended at all to invest in any amount that you fear of losing. You say that $800 is the value of all your savings after working hard, and that explains your fear of losing it ; I suggest you keep them in FIAT and just invest a portion of them in bitcoin for long term benefit and you may increase this investment amount as you can save more from your daily business work.