Bitcoin's potential to improve people's lives is limited, as investing in it doesn't guarantee wealth. Wealth is determined by one's mindset, skill development, and responsibility, and can be achieved through passion.
One of the sound mindsets is to engage in investments when the time is right. Not everyone can opt for investing as the most effective path to accumulating wealth, mainly because everyone's financial standing varies. I view BTC as an alternative for those inclined towards high-return speculation. Despite its apparent legitimacy, BTC carries substantial risks for those who cannot endure bearish market conditions.
I perceive BTC more as a secondary choice for generating passive income, given my longer familiarity with Bitcoin. Buying and selling it at price differentials, which can sometimes exceed 10%, may take more than 30 days. Hence, this isn't a quick money-making endeavor, as the returns are entirely dependent on the capital we invest initially.
Your awareness of the BTC market's fragility is great; many ignore it in their pursuit of profits. Speculation is inherently uncertain. Investing, especially in Bitcoin, takes funds, awareness, and a tolerance for risk. High returns have captivated many, but without a method, its no good.
Bitcoin as a secondary source of income makes sense for individuals like you who have been with Bitcoin longer and understand its volatility. A 10% pricing difference can lengthen the waiting period, pitting patience against speedy rewards. However, with the correct perspective, as you seem to have, the potential advantages can often outweigh the risks. How long before the bubble bursts?