Yes of course it was totally risky turning or converting all your money into Bitcoin because even if it was too popular and it caters the capability and capacity of making your money grow into a larger one, we still cannot deny the fact that it is really prone to risks due to its being virtual in the same manner because being a cryptocurrency is limiting your money to just stay in virtual world. What if suddenly Bitcoin will not work anymore due to many negative reasons. How can be your money be useful to you if it was all being converted into Bitcoin which is inline to be a virtual currency.