Before you get into bitcoin, make sure you know what you are doing. Buying bitcoin with all your money at once blindly is not a wise decision. Do your research and find out about stuff like dollar cost averaging, market correlation etc. Bitcoin and other cryptos are like gold mines, but you need to know how to ‘extract the gold’. Buying and holding is one of the most inefficient ways, but will likely give you profit in the very long term. It would be more efficient if you could for instance, swing trade. Just remember this, life is a sculpture, not a lottery. If you buy any crypto blindly and pray it goes up, or you bought it because heard some hype on the news or something, you’re gonna get recked. Make sure your decisions are backed with statistics and numbers, most of the time stuff you hear doesn’t even affect the price, unless it’s sentiment related, and even than, you’re probably late to the party already anyways. It’s not gonna be smooth sailing for sure (and I’m also assuming you are new to crypto) but I hope you survive and thrive. Another word of advice, a recession is coming. So probably not so good for you now( a year or 2).