Of course, bitcoin has not yet fulfilled its historical purpose - to be an alternative to the current payment system. So far, it is a vehicle for investment and a store of value. In general, bitcoin is now primarily used as a speculative profit-making tool. Moreover, the longer it will be used in this capacity, the less opportunity it will have as a means of payment.
Bitcoin does increase in value, but because of this, the risk of investing in it does not actually decrease, but rather increases. After all, investors will increasingly worry about the money they have invested.