This x 1000. Only idiots make statements like the OP. There are thousands of cryptocurrencies. Some have real promise and do things fiat and precious metals cannot. We're in the middle of a speculative bubble, so anyone buying them right now might do very well, or might lose their life savings. If you are smart, you should buy what you can afford to lose. Divide the total amount you can afford to lose into small parts, and buy in small amounts over several years until you've bought the full amount you can lose. Then, don't sell it. The best time to have done this was 10 years ago, but the second best time is to start today. The best thing you can do is actually USE crypto to buy things, and then buy more to replace what you spent. This is how it was intended to be used, as a replacement for central bank printer money.