One more thing to take care is that when anyone invest in bitcoin they should not think that they will become rich in a day or overnight. Just like any other investment in property, land, houses, gold, stocks, the investment in bitcoin is similar and will take time to give good returns. However the return in bitcoin is far far greater than any other asset or commodity. You can check the history for yourself that ever since the bitcoin is there from 2011 , 2012 to till now the ROI of bitcoin is the highest.
I agree that investors need to do their due diligence and research before investing in Bitcoin or any other cryptocurrency. In terms of ROI, there's no denying that Bitcoin has been a very profitable investment for those who did it early. However, it is also important to consider that past performance is no guarantee of future results. The cryptocurrency market is highly volatile and subject to sudden and dramatic price swings.
With that said, what steps should we take to manage risk when investing in Bitcoin or other cryptocurrencies? Do you have a particular strategy or technique that you find useful in navigating the market?