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
Indeed, seeing your friends or colleagues achieve rapid success, especially in a new field like Bitcoin investment, can be very inspiring. However, the decision to leave a primary job or business and existing income, as you mentioned above, is something most people are not yet able to undertake, and it can be quite a risky step for most people's daily lives. As we know, the investment world is full of uncertainty and volatile or unstable prices. It's likely that if they're new to it, panic or psychological factors will certainly affect them, leading to losses. Perhaps you could talk to them directly about tips and tricks for achieving such rapid success. Who knows, your friend might be willing to share their knowledge with you?