Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
I think bitcoin and bank investment are same risky regarding money, but the difference between the two i think in bitcoin only in the market value of the coin that is not fix every now and then, in short we know already that this bitcoin is volatile in nature and we are aware of the flow and we have the direct control of our investment, while compare to the bank base the experience of my mother, her money was deposited in the bank in a long period of time, and suddenly said bank file a bankruptcy, her money in the said bank was gone, she recieved only small amount of money, and they cannot force the bank to give back her money diposited.