Yes it is! I strongly suggest that you may invest the amount that you can afford to lose. Or you may want to participate in trading. In trading you can generate profit fast unlike holding bitcoin. Holding bitcoin is so risky you didnt know when it is going up or down. In trading you can use trading tools like reading graphs and using trading tools like tradingview.com you can fairly predict that prices and you can also determine which coin is going to pump or dump.
Trading is not easy, it also requires skills and since the price is volatile there is a big risk whether you are trading or holding long term.
Whatever you choose, you have to ensure you have the necessary skills to help you make investing or trading as your long term journey that you
can make a consistent income.