Unlike fiat which the amount in your bank account remains what it is, bitcoin in your wallet will constantly fluctuate, meaning that there is chances that you can gain or lose your bitcoin.
No, you can't lose or gain your Bitcoin in your wallet. It remains the same all through. What changes is the value, either in loss or in gain but your Bitcoin remains the same. It goes to support the argument of those who say 1
BTC = 1
BTC. The two ways you can lose your Bitcoin is if it's hacked, either on an exchange or in your wallet. The second is if you trade it on Futures.
This confirms that the chances of getting rich can also make you poor.
In Bitcoin, the chances of making someone poor is very (very) slim. The slim percentage is when those who invest in it get in at ATH and aren't patient to wait for a recovery time. It takes a maximum of four years in Bitcoin investment for every worse case scenario to turn positive. I've observed this keenly.
So do you think that I'm correct about bitcoin, that it is not an easy way to get rich quick as some people will make believe, and it is just like other ventures where there is no guarantee of getting rich?
Well, those who think it's a shortcut to quick riches should've themselves to blame. It's never and should never be thought that way. This is one of the misconceptions of noobs. I see Bitcoin as an asset and for an asset to appreciate you've got to give it time.