Investing in Bitcoin is risky. I was going to say its like investing in commodities but there is more of a chance of market manipulation with Bitcoin than commodities. You can make a lot of money in Bitcoin but you have to be prepared to lose your entire investment too. Its not for the average investor.
True story there were people who bought bitcoin back when one coin was worth a fraction of a scent. In fact for a long period of time, several months, a bitcoin is worth $.08-$.09 each.
People who invested pocket change into Bitcoin a decade or so ago are multi-millionaires now.
“Its not for the average investor.”
It’s not for any investor. Bitcom is not investing, it’s speculating.