Taking risk is part of our routine in our daily life,bitcoin is very risky but before you doing a move you need to research first or study so that your hardwork will not in danger,because in this online world there is many scammer in the surroundings.
Although its making everyone lots of money with their investments, i don't think its very prudent to invest all the money you have at your disposal on a single investment, irrespective of how lucrative the investment might be. So i recommend not turning all your money into bitcoins in case there is a slight chance that it might fail.