Bitcoin isn’t a Ponzi scheme that was designed to actually make people rich. Its first advantage was to safeguard value unlike other currencies or assets that devalue over time. So while expecting less volatility because of the institutional involvement let’s accumulate more now. More over it was expected to be in high demand in future because of its scarcity but bitcoin was never going to be a high volatile currency right from the start
Investors always choose to overlook this aspect of Bitcoin so much that this is just the information they spread to others. I am anonymous about my knowledge of Crypto-currency when I have to be that someone was trying to introduce me to Bitcoin and all he was talking about was how I can make money from it, yes it is ok to want to make money from it but he never spoke about any other Bitcoin value.
The main reason why Bitcoin is a marvelous investment is that the demand is there and supply has a fix value but Bitcoin is more than just an investment.