I think the benefits of bitcoin are clear, as time goes by with the rising bitcoin price, attracting many people to invest in bitcoin on the grounds of making a profit in the future.
In my country many people are starting to be tempted to invest in bitcoin, because the profit earned can be many times over.
In addition to its advantages there must be a loss, then we must be ready to bear its own risk if we suffer losses.
Bitcoin's profit can be bigger like what you pointed out this is because of its volatility. So many are getting interested in investing bitcoin especially if you invest it in longer term. Many cryptocurrency nowadays are emerging but no one can beat bitcoin so better to start invest now before its too late.
This is the main reason why most people are going to invest in bitcoin rather than in investing local. Of course, there is a big assurance to earned in investing bitcoin even if we just take it for a short period of time. But it much better if make it for a long a term investment, because I'm pretty sure that bitcoin price will still going up.