If you do not take risks in life, you will never succeed.So the bigger the risk you take, the more successful you will be at some point. Investing in Bitcoin here makes you feel a lot of risk. Yes there are a lot of big risks but if you do your luck favors you are short term In between you can become rich. So I would say that where there are more rickshaws, the chances of success are much higher.
^ It does not mean you are a high risk-taker you are also can be able to make a high profit. That is not how BTC investment work, you need first how to understand the market situation, the market price flow, and the behavior of BTC price. There is a big risk, yes, and that is why OP gives some point of managing risk that possible we can handle and so if we are already there, let them be. I can consider BTC investment is very crucial the most investors, it could be the reason that their money was lost.
despite the risks being laid out by the OP, we all know that a lot of us are still banking on bitcoin. but would be nice if every crypto user knows such risks, at least he can strategise how to lessen or prevent them from happening to his funds. and instead use those as opportunity to grow his holdings. not all people can manage those risks as some will panic when something goes wrong in the market. sometimes it takes experience how to tackle those risks.