I got loads of friends who are asking me if they should invest on Bitcoin and if they wont be losing their money because of it, I answer them always to Do their own research about it as I dont want to be blame in the end if they lose some money. I always tell them that If you do invest, be prepared to lose some or all of your money. Crypto is not conventional investing.
Bitcoin is at the (very) “high-risk” end of the investment spectrum. The price of cryptocurrencies is volatile; some can go bust, others could be scams, and occasionally one may increase in value and produce a return for investors.