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March 28
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Bill Gates advised retail investors to be careful when investing in bitcoin - after all, they do not have much free money, unlike, for example, Tesla CEO Elon Musk.

According to him, Elon has a lot of money and is very advanced, so he doesn't worry that his bitcoins will go up and down chaotically. 

But people who don't have the same amount of money in reserve succumb to such manias, he said, Forbes reported. 

The Microsoft co-founder added that he doesn't really believe in bitcoin. According to him, investments are usually directed to something that gives society something useful. Bitcoin uses a huge amount of energy (which is harmful to the environment), and operations with it are irreversible, Gates said. At the same time, he considers digital currencies in general to be a good technology.

Tesla on February 8 announced the bitcoin purchase for $ 1.5 billion. Since then, the value of the cryptocurrency first reached an all-time high of $ 58,000, and then plummeted by more than $ 10,000, pulling Tesla shares down with it. Elon Musk's fortune decreased by $ 13 billion at the end of trading on February 22, and on the 23rd at the moment his capital decreased by another $ 14 billion.

Now bitcoin costs about $ 49,300, according to the data of the Coinmarketcap exchange. Tesla shares at the end of Wednesday, February 24, rose 6% to $ 742, and Musk's fortune added $ 8.4 billion per day and reached $ 174.5 billion, follows from the Forbes Real-Time rating, which is updated in real-time.

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