Andy wants to know how to invest a few hundred pounds in bitcoin. It’s not hard to buy bitcoins, but whether they are an investment or a gamble is another matter …

How can I invest in bitcoin? I’d like to invest a few hundred pounds. Andy

There are at least three ways, though only one of them looks rational today. First, you could mine your own bitcoins. Second, you could buy some from an exchange. Third, you could buy shares in a fund that has invested in bitcoins.

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