Well, no investment is really "good" or "bad." It depends entirely on your risk tolerance, your investment strategy and your financial goals. Before considering bitcoin as an investment, you should carefully consider your own goals and determine what you want to achieve with your investment activities.

Do you want to develop your passive income? Would you like to be a full-time investor? Should I invest to secure my retirement after I retire? The answer to these questions will help you understand whether Bitcoin is the right option for your investment.

Bitcoin is a very risky investment because it is still a relatively volatile asset. This means that bitcoin's value can rise or fall dramatically in a very short period of time – in a few days and even in a few hours.
Like all cryptocurrencies, Bitcoin has no exact value. It is not backed by a physical asset, such as gold or silver, and there is no central regulator to ensure that its value will remain stable. In addition, the value of bitcoin is not related to the profits of any corporation. Bitcoin's value depends solely on euphoria, popularity, and market demand. When there are more people willing to buy bitcoins, its value will increase. When there is fear in the masses about the fall of the exchange rate and fewer and fewer people buy bitcoin, the value will fall.

If you want to make significant profits from Bitcoin, you need to learn to read and determine the phases of the market, which is generally a difficult and investment strategy. However, there is huge potential for profit.