> What the ? You presumably go from not a millionaire to having $3,000,000, and you decide to risk it to triple it? That's some next level greed right there.
This implied selling btc to get dollars is less risky than holding BTC. I replied to that statement. You will likely lose more value holding dollars than holding BTC. Neither is an investment, they are both an asset.
At no point in the story did the person "have" 3 million dollars worth of USD. They had Bitcoin worth 3 million dollars. The letters "$3,000,000" refer to the USD-denominated value of the Bitcoin. When they talk about "risking it", they refer to the idea of keeping the Bitcoin, as opposed to selling the Bitcoin and then doing something else with the money. It's not specified how exactly one might invest 3 million dollars, but no reasonable person would keep the whole amount in a bank account.
Nobody implied that holding 3 million USD in a bank would be a good idea.
So trading Bitcoin for dollars is almost always a bad trade.