I don't think so. 1 BTC isn't enough money to live an entire life. It's just enough to acquire yourself a house, but not even enough to completely repair and maintain it along the years. Moreover, it really depends when you purchased that 1 Bitcoin, because if you bought it for 30,000$ or 40,000$ recently, your profit margin will be much lower compared to an early investor who is holding Bitcoin since it was pricing less than a thousand dollars.

I would say 1 Bitcoin is a very good sum of money to work with in an attempt to grow it into larger sums of money and a larger patrimony. If you are successful doing this, then you can achieve a generational wealth. However, keep in mind it's a continuous process, where you have to be constantly adapting yourself to the current reality and demands of the worlds.

You have to be an attentive person to the events and tendencies going on the world to protect your patrimony against the threats imposed by economical crisis and conflicts which may affect you at some point.