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.
Although Bitcoin is the greatest digital currency. However, whatever coin is the greatest, I think all the money in life should never be invested on a coin. Undoubtedly Bitcoin is a very good coin. However, not all Funds should be invested on this Bitcoin and can invest a maximum of 70% to 80% but the remaining 20% should be invested in other currency. This will reduce the risk of losing money and if investing in a coin reduces the price, then its funds will be greatly reduced. Although Bitcoin is an unstable coin, it will never be fixed. But now if Bitcoin comes down to 114k, we will see a lot more down. However, he should be patiently holding Bitcoin very patiently at this time. Since your friend is most likely to be upset at the market, and if he becomes impatient, you can sell bitcoin with many loss.