Like it or not Bitcoin is the top asset over the last decade.
And the reality about that top asset changes daily based on what? Think about it. It is fashionable today but tomorrow it is out of fashion, It is a lottery ticket with nothing behind it. There are a lot of investments that way.
You are right. YOU CANNOT ELIMINATE RISK IN ANY INVESTMENT. But note that YOU act like this is a SURE THING. That is the danger.
What does history teach us about bit coin? Tulips.
My point to all is to understand what you are doing. Understand the risks and rewards.
Bit coin is the current fashionable lottery ticket. If you like lottery tickets, buy it, but remember lottery tickets become worthless overnight.
Maybe it’s equivalent to buying the winning lottery ticket over the last 10 years that keeps getting bigger over time.
I don’t think is going away anytime soon.
Do you have any money to invest or is do you just hate it because the boat sailed. Heck, that boat is a floating bank.
I turned 75K into 160K in my pocket, 1/3 more for taxes, and over a quarter million one top of cashing out my investment. I am still stuck with 50K in mining equipment I paid myself back for, on top of that.
The worst thing about BTC is if you actively trade, not something I do now, you owe taxes on the profits. It is growing so fast you actively trading may result in you having to sell it to pay your taxes. If you let the “asset” sit and grow it is becomes a kind of Traditional IRA asset - thats how I look at it.