Its not risky to invest money in bitcoin if you have skill of investment that how to invest and in which time to invest.and risk will occur in this case If you have no skill of investment that will be more risky. And there flutuation if we invest all money in bitcoin and in case of more flactuation the price wil be come decrease that will more risky.
No, we can't say not risky when invest money Bitcoin! Example: a people buying Bitcoin in highest price, after 3 days, the price fall down more than the price they bought, they scared and sell all Bitcoin with a big loss
About people have skill in trading: Not anyone can guess 100% the price will go to the way they think, if you win 100% in trading, I think you is a god of market