It sounds like you are talking purely from a speculator perspective, which is narrow-minded. Right now I don't own any bitcoins but I am far from "out of the game". Bitcoin is about its advantages and innovation, it's not a get-rich-quick scheme.
And how did he give that impression? He didn't take his BTC, convert them to fiat and set the fiat on fire... he simply switched from a highly volatile form of wealth storage to a far less volatile form of wealth storage. He also took advantage of a dip in silver prices.
the dip in silver price is totally and completely irrelevant compared to the growth of bitcoin.