Hi @jrcornel This is an interesting post and it made me think of what "investment" meant. I refer to some of the thoughts of Warren Buffett on this too.
From his perspective "investment" occurs when there is an income from your involvement.
So this would apply to stocks and shares, property rental, bonds etc.
When you spend on assets that do not generate income, then that is speculation. You hope the value goes up and at some time in the future you can cash out. This would be art, wine, coins, books, gold etc. Things that you have to store, insure and protect from loss.
to sell everything to speculate on the price of cryptocurrency is a brave venture. From the article, we don't know of other sources of income that might support this. Who can say?
It looks like he has dabbled in mining and trading in the past. So maybe that will feature in the ongoing strategy.
Or development of a new cryptocurrency payment system.