Bitcoin is volatile so I think that is obvious that putting all of your money into these digital currency will be a huge risk. Yes, bitcoin may have a lot of pumps that is happening, but still, we cannot rely on things that we don't know what may happen.

Instead of putting all out on bitcoin, I guess you can part your money into your needs and your investing money. Before you invest, consider first the money that you will be needing for your everyday needs, after that you may consider where to invest and put an amount of money that you think is the best.