There's no doubt that some cryptocurrency investors have made a fortune due to their cryptocurrency investments at the right time. However, past performance is not a guarantee of future performance. Cryptocurrency could rise much more than it has in the past or fall more than it did in the past. Also, many investors have lost a substantial amount of money through cryptocurrency investing when they could not hold on to their investments during the massive price drops resulting from a crypto bear market. If you don't have a high-risk tolerance, cryptocurrency investments may not suit you. However, if you're an investor willing to take significant risks to gain wealth, there are ways to reduce risk while still achieving good returns.