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
So he invest everything in bitcoin, not that bad, but if i were him i will spread some of my funds to other strong token, just to have other sources, but in you end, its not too late invest just some you are willing to lose, that is the game, other people are gambling too much, if you are not the type of the guy, why invest much, invest slowly, have you heard the news of someone invest 30$ daily non stop consistent, he is now 1Million dollar richer, not invest much but consistent, like saying its now how you start its how you finish.