Shubham, I would rather recommend that new investors start with much less risky and volitile assets. Index investing won't make you rich, but you aren't likely to go broke either. Trying to predict the future by putting all your money in the next 'hot topic' is a losers game. The rich can speculate like this because it is a small part of their portfolio. This should be treated like gambling (aka, venture capital). You have to realize that there is a 90%+ chance you lose everything and only a very small chance to win the jackpot. If you have lots of other investments and can afford to lose everything, then go for it. Otherwise, buyer beware!

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