A number of people in this forum could do themselves some good by reading through that reddit thread. This isn't to say that Bitcoin can't turn out to be a worthwhile investment in the long run, but simply that some people don't *truly* understand for themselves what it means to not buy in more than they can afford to lose, especially on something so volatile.
People are quite inexperienced it seems in this space. I have sort of watched finance, and I have seen some people (mostly friends who were gambling in the markets) lose EVERYTHING! Oh man. It was not pretty, especially when they were married.
Let this be a lesson to the younger ones. Be conservative financially. Save like it were the Depression. and work hard. Bitcoin is something that should be supplemental. No more also than 10% of savings. NO MORE than that. Unless you are risky or fine cashwise.