Bitcoin chief advises to 'invest in digital currency only if users can afford to lose'

Bitcoin's executive director Jon Matonis has said people should only invest in the virtual currency only if they can afford to lose.

The comments from Matnois come after the meltdown of Mt Gox, one of the biggest Bitcoin exchanges, was taken offline.

According to CNN, the move had put millions of dollars of investors' money at risk and shaking confidence in the digital currency.

Matonis said Bitcoin were still considered experimental, despite very success.

He added that people should only invest in trade what they can afford to lose.

On Friday, Mt. Gox filed for bankruptcy protection at a Tokyo court on Friday with debts of 6.5 billion yen.