A friend of mine just got into Bitcoin, lucky for him, his successful. Before he started Bitcoin, he was actually into a good business of selling artwork which wasn't so bad. So he got introduced to Bitcoin and had a quick success. It's actually a good and exciting thing to see someone progress fast like that, but he quit selling artworks and other little businesses that kept him going he stopped, he now depends fully on Bitcoin. Bitcoin is the king no doubt, but From my Point of view I think that depending fully on it might be risky to you financially. I don't recommend anyone to depend solely on Bitcoin or any single asset. Bitcoin can fluctuate rapidly and market volatility might impact your financial stability. It is actually very risky to invest in a single asset. The part that scares me the most is that my friend has put all his resources into this one asset. If am wrong please correct me. Thanks
Maybe you can expect something different from that your friend who shutdown his reliable and quick return of source of incomes for bitcoin that the tendencies to earn income is uncertain of when it will come. I would not want to engage on quoting you or your friend wrong rather, I am on the stance to know if is your friend feeling good with the decision he made or not? Because I know as human we ought to need that regular provision of Incomes to sort out need which I know the uncertainty on bitcoin investment could not make provisions for those short term needs.
So I tend to ask, how have your friend been feeling since the While? I think your response would define it you are correct or wrong.