Post
Topic
Board Speculation
Re: I'm All In - Sold My House!
by
smoothie
on 04/01/2015, 22:01:30 UTC
Well i don't say he doesn't i just deduct it from the fact that he writes multiple times "i'm all in".

Its an expression like a poker play but hope he wasnt literally putting it all in.   An example of that was the Australian miner who got divorced and literally sold his life including the job and everything he owned.
The OP didnt sell his job and I hope was not being quite that extreme to have nothing left.  My suggestion was he buy a smaller house and only 'gamble' the difference, it would still amount considerably if bitcoin were used as a global currency by even 1%

If the OP was all in (from his own claim) then he was foolish to have done that even if the timing was right.

In my opinion you should not sell your only piece of real estate and probably your biggest asset for bitcoin.

The guy is either now renting or on the streets. I feel for his family if he indeed is homeless.

GOOD RULE OF THUMB: Never go all in.

Even when I was buying Litecoin sub $0.01 in 2012 I did not go all in. At most I was 80% vested in it of my net worth. Was buying silver and had some cash.