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.
Price prediction is not easy and like gambling that has two sides, one side can be profit and loss, I think we should be proportional in bitcoin investment because there is no certainty and can guarantee that anything can profit. dividing money into different types of investments is a better thing.