1) He is a fool and apparently is comfortable with making such a risky move (a long bearish period can still be a possibility).

he is definitely a fool. I doubt that he has consulted any analyst before buying bitcoin, the worst part is that he still managed to show himself on the social network, and if the price dropped $42000 and dropped to $39000 or worse dropped to 37000$. how would he face his people? I think he should start consulting market analysts before buying bitcoin, even if he says he's making Hodl buy low Is the wiser, if he buys at $44000 and the price drops to $37000 he misses a big opportunity to have bought lower