No. Never place all your funds into one coin.
Yep, you are definitely wrong if you place all your fund into bitcoin, and its really a stupid idea Ive heard. As far as you know that, bitcoin coin or other crypto coins is extremely risky than we know it. Ive seen many people who regret due to the loss theyve accepted cause of put all their money for bitcoin. This market is notoriously volatile ,all you need to do is put it as an extra work as same as an extra income ,thus youd better use up your money for this work. Most importantly ,you should think the way to reduce the risks, its better than put all your fund for it.