Seriously, someone on Cathinfo has that kind of *wealth*?
If you really have thousands of extra dollars sitting there (over and above a typical savings or "six month fund"), why not buy some land? Equipment? supplies? Tools?
You can't eat gold, or bitcoin. Once you're PREPPED to the nines, THEN you invest whatever you have left in physical gold, physical silver, maybe a bit of crypto. But most people don't make it that far. Buying and fitting out some acreage costs a lot of money; more than most Trads have.
He has $83 spare a week. He can't afford land or any serious investments; he's looking for high-risk high-reward investments that'll turn small savings into serious money.
Myself, I made a fair bit of money off of crypto a few years ago, but it was
gambling. To underline just how volatile it was, in 2017 I chucked something like $30 into crypto and eventually through the crazy bull market later that year it was worth almost $1000. But then it crashed down to almost nothing. I forgot about it for a few years and then when I found my Ethereum lying around in 2020 it was worth $500(after a new bull market brought it back up). So it goes absolutely all over the place. And I got lucky for leaving my remaining investments in a "solid"(by crypto standards) currency. If I'd left it in almost anything else(99% of cryptos fail), I wouldn't have made that large profit, but instead my investment would've dwindled down to ZERO.
Point of the story is not to brag about how I got lucky(and believe me, it was luck. I had no idea what I was doing), but to show how volatile and unpredictable it all is. Especially right now that it's many months into a bull market, and so it could crash any moment. And you would
be left with nothing. It might even be immoral to invest in crypto because of that, because it's almost closer to gambling than regular investing. I don't know, but if you are to invest, you need to do your own research and be really confident in whatever project you invest in. And even then, only invest what you can afford to lose. Remember, it's a lot more likely you'll end up wasting all that money than that you'll get rich off it or something.