<prompt> Human: I currently have saved 30k, I am student with a small car which is paid for and I dont have to pay any university fees in Germany it is free to study and I have no debts.I want to invest 20k, so I still have 10k left for emergency funds or other expenses.My investment should be able to change my future life, and maybe make me financial independent.I already thought about investing in cryptos once there is a major dip, any other ideas?Maybe starting a small business?Assistant: cryptos are not an investment, they are a gamble. A high risk stock if you want. Human: Yes, and that is exactly what I am looking for. But gamble is not really true.Assistant: How is it not a gamble? You are putting your money into something that isnt backed by anything, isnt regulated in any way, is based on flavor of the monthsupply demand. If your coins get stolen, you wont get that money back, its gone. If the coin stops being serviced, its value is gone, if people dump the coin to go to some other coin, the value is gone, if they dump more coins into the market it would devalue anything you have.If you can sit here today and say you dont mind losing 20k, then by all means, go ahead and buy crypto. If you cant afford to lose 20k today, then you shouldnt do it, its really that simple.If all you are doing is looking at the gains of various coins and expecting it to hold or keep going up, and not looking at any other part of the system, that is foolish. Human: You are not really well informed on the subject, check subs like rcryptocurrency to get correct info.  <response>: As someone with thousands in cryptocurrency myself, these people are absolutely correct. It is a far, far riskier speculation than a stock index or even a stock, and it could easily crash to 0. uSephran made very good points that you cannot ignore.Cryptocurrency has been a very lucrative investment for me, but every penny thats in it is a penny I could lose and just be like, ah, that sucks, that was dumb of me. If you lost that 20K would it keep you up at night? Dont put it in crypto.edit: Just wanted to point out that the OP has tons of comments and submissions about selling a crypto-trading or arbitrage bot, promising massive returns. Not sure whats going on here, but Im not sure our advice is worth our time. 