Although Bitcoin was not designed as a normal equity investment (its shares were not offered to the stock exchange), some speculative investors turned to digital money after it was quickly appreciated in May 2011 and again in November 2013. Therefore; Many people buy Bitcoin for investment value rather than seeing it as a medium of exchange. However; buying and using bitcoin carries several inherent risks due to the fact that bitcoin has no guaranteed counterpart and its digital nature. Many investors warnings have been published by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB) and other institutions. Virtual currency is a new concept and Bitcoin has no long-term or history to prove its reliability compared to traditional investments, The popularity of bitcoins is increasing day by day and bitcoins are becoming less experimental. However, even 10 years after its emergence, it can be said that bitcoin (like all other digital currencies) is in the development phase and is constantly being improved. "This is probably the highest risk but highest return investment you can make ..." says Barry Silbert, CEO of Digital Currency Group, who founded and invested in bitcoin and blockchain companies.