3 ms·
The fact that he's gambling on bitcoin is not the only problem. As you near retirement (or in this guys case, are retired), you want to reduce your risk profile
by toomanybeersies 9y ago
The fact that he's gambling on bitcoin is not the only problem. As you near retirement (or in this guys case, are retired), you want to reduce your risk profile. If my life savings disappear in my young 20's, no big deal, I can rebuild them. At 80, if that money goes, it's gone for good.
I feel really sad reading this. This can only end in tears for people like this old guy, or the people buying BTC with their credit card, or the people taking out mortgages to buy crypto.