It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
In both fiat and cryptocurrency, yes it is. I just said this awhile ago but I believe theres no easy money at all. Virtual and reality may it be. Risks, challenges, loss and such will always be in the side of everything but you will earn it if you work hard for it isnt?