If i am hypoglycemic am i at high risk for diabetes?

Perhaps: There are different forms of hypoglycemia. The most common is called reactive hypoglycemia in which the sugar rises high and then dips low a few hours later. My personal view is that this is an early stage in the development of diabetes. If you go the exercise and diet route this is not a high risk, however.

Reactive hypo, yes: Many patients with reactive hypoglycemia (happens after meals), especially younger women, have underlying Insulin resistance. They experience hypoglycemia due to excessive pancreatic release of Insulin after ingestion of high-carbs or fast-acting carbs. Excessive Insulin release causes hypoglycemia ~1-2 hours after meals. Ultimately, the pancreas wears out, and these patients get diabetes.