You can stay on your Magento 1 store after its end of life in June 2020, but you should be aware of all the risks and consequences. First of all, it stopped receiving security patches and important updates, becoming extremely vulnerable to hacker attacks. This includes the fact that you cannot be able to accept credit card payments due to being no longer eligible for PCI Compliance. Not to mention that you don’t get the appropriate technical assistance for your store, innovations, and much more.