Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
Actually both investment are risky because whenever you are entering an investment partnership, you should have already know that there are certain risks you can acquire that is associated on investment proper. But for me, I will consider Bitcoin investment as more risky compared to bank investments because it is on virtual phase which is hard to detect once investment failed and it cannot be gained again once it was scammed or lost for the responsible reason of other people that was anonymous from you.