Sure. Always buy an asset AFTER it has appreciated by >400%. Be sure to buy a load of Tesla too...
eh. those who bought at >200% don't mind. As for OP, you likely do not meet the suitability requirements (meaning this is not an appropriate investment for you) if you are asking this question.
There are better Internet forums for financial advice
If you have to ask on a parenting forum, you are not ready for such investments.
As it turned out, the answer was "yes"
Hindsight is always 20/20. It's such a volatile investment, it's not a currency at all, the way it has run to 60,000 it can come crashing down in a very short time. I doubt an investor seeking advice here can handle such a position.
Consider it money gambled if you do invest. As long as you can afford to lose it and are smart with the rest of your money, then you should invest in what suits you.
Which is why no one should take financial advice from this board or YBM, etc. Typical advice is to immediately sell all investments into cash and prepare for an imminent crash. Of course is this advice was taken anytime over the past 10+ years, it would have been a huge mistake.
On Dec 16, 2020 when the OP was posted, BTC was $20k. today, it is $56k