frankly speaking bitcoin is great for investment but only if you are investing from when the price were still low and heavily discounted meaning you invest in bearish cash out at bullish rinse and repeat.
therefore you need the flexibility and lesiure of spending as much time as you can to wait for the right timing.
if I were to fight the inflation though I could just easily invest money to be a landlord so far its the most lucrative way of beating the inflation since the house pricing keep rising but that without taking into account housing bubble which i don't know if it gonna happens anyway.
If a man has money he can make money out of money because if he has money it is not difficult to make money but there is a big difference between making wise decisions and just hoarding money. If I have to go somewhere else or suddenly the situation in the country deteriorates or something like that happens, then what kind of investment is there that I can take with me everywhere? Even if one has accumulated gold, it becomes difficult to carry and protect it from one place to another, unlike if one has invested in Bitcoin or other cryptocurrencies.
So, he can take all his money in his pocket and go to any corner of the world and use it at any time. Also cryptocurrencies I think are the best in modern times as compared to the old way of collecting gold and silver and building properties.
As you said, losses happen, it is true, losses happen, and one of the biggest facts is that a person has to die. But man still builds properties, strives for his better future, because hope is the name of that thing, and we do and should do everything we can to improve our present and future.