I diversified long before I joined steemit Hive and never considered it to be my retirement fund because of the volatility. Honestly, I feel differently now. I don't see how it can fail, but, like anything else, it can, and the best I could do was to pay everything off and work that crypto!
It will be hard for it to fail completely I think - but stranger things have happened and, who knows how far some will go to oppress others.
That is the truth, even if it is an ugly truth.