Another important thing is that the investment is largely risk-free and you should invest the amount that you can afford to lose.
This statement from you is confusing.
Bitcoin is not risk free.
The advise about investing an amount that you "can afford to lose" is advice given to show that the investment (including an investment in bitcoin) could go to zero, so when you invest, you are choosing to invest into bitcoin from extra money that you have, and you are aware that you could lose up to 100% of your investment amount.
I totally agree with you on this. It’s crucial to know that every investment carries its own risks and Bitcoin investment isn’t an exception at all. So saying Bitcoin is risk free means you’ve got a huge misconception about Bitcoin investment.
It is not only misleading to assume or say that Bitcoin investment is risk free, it is also very irresponsible too because it shows how much unrealistic your goals and expectations are of Bitcoin, Bitcoin unlike every other investments or assets involves uncertainty.
Additionally, your clarification about the “invest only what you can afford to lose” principle showing the potential for losses in Bitcoin is also very commendable. This also serves as a reminder to investors to be very cautious with their approach to investing in Bitcoin as their portfolio could actually zero out.
You’ve done well for correcting this misconception and also helping investors to stay more informed and also develop a more realistic approach to Bitcoin investment.