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by waterlesscloud 4809 days ago
Can I ask why you'd ask?
1 comments

Because that's a surprising decision to make, whether or not it's a good one, and I'm interested in why someone would decide that.
It's probably not the first time someone has put all their disposable income into what they think is a time-sensitive investment opportunity.
Yes its not the first time someone had last money on "time sensitive investment opportunities" aka gambling. And yes there are lots of people who do that with 100% of their disposable income. They also usually lose it all.
>gambling

What makes it gambling rather than an investment?

It's also possible that the intent was to make a purchase with those bitcoins.
I totally don't care what he wanted to buy, or to chastise him for his investment decisions; I'm just curious if people are generally moving their money into Bitcoin in an attempt to move "off the grid" financially, or if this was an investment.