Today I will share a real incident. An elder brother of my area who has been working in Bangladesh Army for 8 years. We have walked with him enough since childhood and played many sports together but we never saw any such habit in him. He used to serve in the army and used to come home when he got leave and we used to hang out with him but recently we heard some bad news about his affairs through his younger brother. There are various online casinos in which he gambled and ended up in debt of around $18,000. Already his father is a middle-class family member and his father works hard enough to get him a job and manage his money by borrowing heavily but by this time he is 18 thousand dollars in debt due to gambling. Not only did he lose $18,000 by gambling, but he ended up with eighteen thousand dollars in debt, and he also lost money by gambling out of his salary.
If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts. If he had bought 1 BTC and sold it now when the price of Bitcoin was twenty thousand dollars, he would have made a profit of about 25K dollars even though he had paid a loan of 18K dollars. The reason for sharing this incident of my local elder brother is to warn users about the dangers of gambling.
I don't owe you $18K so we may not understand it but the one I shared with understands how heavy the burden of debt is.
When gambling people never think that they will lose, they know when they lose. The person you mentioned here may be in government service but gambling has consumed him to such an extent that he cannot get rid of it so he participates in gambling by borrowing money from people. Roughly speaking, he is a gambling addict. We know about bitcoin so we are thinking about his lost 18 thousand dollar investment with bitcoin but that person doesn't know about bitcoin so his lost 18 thousand dollar investment in bitcoin is totally meaningless. However, every person should think first and act in such a way that people do not fall into apocalypse later.