Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."
- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon
and so and...and so on.... and so on
You have no understanding - only belief
Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding
And religion is an extremely poor investment strategy
Bitcoin as a religion seems to me to be too far-reaching statement. However, the fact is that people often use the term "believe", but probably not in the category of faith. Although probably some of these people treat cryptocurrencies as a religion. It seems to be a mistake, because if someone engages in investing in currency based only on faith, he makes a very big mistake, which can be very expensive.