It is a good investment as long as it is not a shitcoin or memecoin. If that particular crypto has a real project then there is nothing wrong investing to those coins. A crypto can soar more than 500% of its price after some years as long as its development is continuous. If we invested to those coins in their early stage, it could bring us a huge amount of money that could be enough to use in our retirement. Been into crypto since 2016, price is really volatile but investing to it for long term is really a good choice for me.
Yes, I agree that cryptocurrency is a good investment but have a high risk also, you maybe win big and lose big. But still it is a great investment if you know how to run this and what is the process to gain a high profit. But, just like how other people define cryptocurrency as investment, some of them says it was good and the best place for investment but some of them says its not because there is a possibility that you might lose such a big amount of money in this. Investing in cryptocurrency might be hard since you need to research a good coins where you can earn a high profit but you should be aware with the risk. Don't invest something if you don't really know what to do.
We all know that crypto is one of the best platform of investment .It is bestter than stock market ,Forex and commodities etc .Crypto market is always high volatile that's why its a platform where we can earn quickly even we can loose quickly as you said .Actually we need to study more before enter on the market and its always better to hold for long term it helps us to get a almost sure profit .I think India has got that the next world will be on crypto that's they make decision not to banned its a great opportunity to get a big platform to invest .So the investor get a good chance to earn more from here .