bitcoin has nearly 3.5x'd this year in just over 7 months. Every time someone tries to tell people interested in investing in it that they will lose all their money I just feel awful for both the person giving the bad advice and the person who might be swayed by it. The other crypto currencies are much less sure (you can make a ton of money or lose a ton of money depending on when and what you buy), but bitcoin is and has always been on an exponential rise. When I first bought bitcoin back in 2013/2014 I lost most of my money because I tried to day trade and was terrible at it (lots of panic buying and panic selling) and ended up just selling what I had left when bitcoin was at its lowest price in 2015. If I had just sat on that bitcoin I'd bought my initial $12k investment would be $60k now. And this Spring since I got back into investing in it my investment of $14k is now at $32k - more than doubled my money in around 3 months, and in a few years I have no doubt my investment will be worth hundreds of thousands.
The right time to buy bitcoin is always right now.
Hell I finally convinced one of my brothers to get some bitcoin a month or so ago, he's already up around $800 on a $2500 investment. It's a once in a lifetime investment opportunity. Anyone who is a naysayer or listens to the naysayers is gonna be kicking themselves in the future for passing by the easiest money of their lifetime. It's like if someone convinced you not to buy apple stock back when it first went public, except its not like that because bitcoin is a much much better investment than even that.
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