Everyone threw everything including the kitchen sink at Bitcoin and it's now back over $10,000 again. It's 60% down from the high. Big deal. Lots of spec mining companies down more than that (yet never ran anywhere near as hard as Bitcoin) and you could argue some of them will ultimately end up with nothing. For the early birds, Bitcoin has been a phenomenal investment. I have never owned Bitcoin. Own alt coins though. I believe there is a place for cryptos but have no real opinion on where Bitcoin will end up.
Show me any equity (industrial, tech or resources) that has risen from 7c to $20,000. It's has numerous heavy corrections yet still stands at 14,285,000% up from the low.
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