When you say "The majority lost big time", I assume you ment yourself. So, who told you bitcoin was an investment vehicle? Because it's not. It's a currency. If you use it as such, there is no loosing.
Bitcoin can be an investment like any other currency / commodity. In these insecure times I chose to do a number of hedges against:
1a. the Euro and the EU is going down the drain
1b. the USD is going the same way
2. BTC is becoming ubiquitous and hence extremely valuable. It might at some point be no fun to purchase valuable BTC for devalued EUR (or Deutschmark)
So I bought Gold, CHF, certain shares and, of course, BTC during the last few years. So far, I am only worried about my CHF investment. Once I feel like BTC bottomed out, I might swap some CHF against BTC.