If you are talking about the volatility of the coin itself, then yes, it's dangerous. The reason is that it is way too easy for one side of the equation (buyers or sellers) to outweigh the other side. Once more people adopt cryptocurrency use into their daily activities, the price will stabilize more and more.
Recently, we've been seeing a very stable Bitcoin price until the last couple of weeks. The majority of people that postulate on Crypto are saying that large scale companies accepting Bitcoin are cashing out immediately rather than keeping the coin, which is causing the price to slowly go downwards.

More people will get in and put money into the system. As they do, the price will stabilize yet again.  You can watch the trends and it's really really interesting.

As an investor, now is a good time to get in because companies selling items for Bitcoin, especially when they are at a discount, will cause consumers to jump on board which will in turn raise the price again.