We all aware that bitcoin are completed controlled by our own decision and sometime we also can make a lot of mistake that might losing our own money because of a lot factor like getting scam or losing or private key. Its was a high risk rather then gold that has it own physical values and can be stored in the bank in case we want it to be saved and can be insurance if it get rob.
I think you've said the right thing that bitcoin carries a higher risk than gold. In some cases, gold may be superior but bitcoin is much better as an international payment system. These two asset have their advantages and disadvantages but it is not advisable for anyone to invest in bitcoin if they are not willing to take risks.