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It is very volatile yes, and over twelve years this volatility has returned a 3x on investment on average, every year. Conversely, for someone deciding between

It is very volatile yes, and over twelve years this volatility has returned a 3x on investment on average, every year. Conversely, for someone deciding between the two, holding fiat has been equally as volatile, and returned a ~66% loss each year by comparison. People looking for extreme safety might want to at least put a tiny bit into Bitcoin or some other crypto. Certainly, they'd be significantly "safer" now had they done so at any point over the past decade.

Traster 5y ago
>People looking for extreme safety might want to at least put a tiny bit into Bitcoin or some other crypto. This. This is why people put money in bonds and gold. It's not a get rich quick scheme, it's an uncorrelated asset. Which BTC absolutely might (heavy emphasis on might) be. BTC is a perfectly valid hedge, but beyond that it's speculation. At the start of 2018 BTC hit around ~17k, it took 2 years to get back to that price and the history of this asset means you can't even expect that to be predictive. So be careful.