My grandfather has some wealth. Now my grandfather will invest all his wealth in Bitcoin. I told my grandfather not to invest all your wealth in Bitcoin. I suggested to my grandfather that Bitcoin not only has the potential for profit, but also the potential for loss. So you invest some wealth in Bitcoin. You don't have to sit on the street if your investment suffers.
My only question to all, was I able to give my grandfather the right advice??
I think the decision you have given is correct. But did your grandfather have prior experience with Bitcoin or did he develop interest in investing in Bitcoin after hearing from you? My advice is to keep your grandfather's wealth. If you have wealth, holding onto that wealth is the greatest investment. I can't find a greater investment than wealth. Investing in Bitcoin, though profitable, is also the most risky. If your grandfather lost in investments then your grandfather may die in old age due to losses. I think it is better not to sell any of your grandfather's assets.