Well I agree with that sentiment but how does it relate to Bitcoin?!
Discussion
The supposed growth of that fedcoin is government sponsored with the intention to get away from using crypto into just holding on to a crappy old coin like a collector's item.
You see cultists calling this as "storage of value" for what in essence should have been a daily usage currency.
The apparent value is highly speculative and doesn't even yield monthly returns. For example, when you diversify to things like properties then you have a physical object that when well chosen will continue going up in value and provides rent money every month.
The thing is that you should never trust a single place to invest all your life savings. Especially for those completely unable or uninformed to pursue other profits. That is when it becomes a cult because they have no other options.
Again in most cases I'd agree with you. But if you're referring to Bitcoin I'm sorry to say you seem to seriously misunderstand this unique asset.
I'm speaking from a very comfortable position. Was making money as daytrader before the last financial collapse, I've diversified to houses and many other things that provide value.
It is easy for me to preach others to avoid easy money, when others don't obviously know nor have other routes. My apologies for that.
I truly hope to be wrong, the thing is that a few people close to me killed themselves after losing all their money on these markets. I wish someone at that time would be able to get through and motivate to diversify a bit.