Bitcoin has pumped! The restaurant owner must be feeling he is like an investment expert now hehehe. He might be searching on coinmarketcap.com and beginning to speculate why not put some investment in Defi or ICO hehehehe.
Bitcoin already pumped before the restaurant owner has bought his position of Bitcoin he said that the resto had undergone a momentary crisis and then their cash reserved has swelled that's why he is looking for investment opportunities even after Bitcoin has pumped. This is the problem I am seeing that he transferred his cash reserve to Bitcoin even if the train already started, now the resto owner is holding his position without any margin of safety and at the same time there is uncertainty of Bitcoin going up. He is actually risking more now and I think he is in a bad position to think of other investment opportunities in the market.
He might already be aware on the possible scenarios that he faced up but he might be looking up too much on the brighter side yet we know that it can really possible give out good profits or returns by just simply holding it.
He is aware on the risk because no business owner would be that dumb on putting their cash reserve into a volatile asset which it isnt even regulation or being accepted/adopted worldwide but still he do have the hopes
that he had done the right thing.
But if he's not aware on the risk then their cash reserve is indeed on the risk of loosing even more money.If they are just jumping in on bitcoin for the sake of safety and recovery then they are really doing
the wrong thing yet Bitcoin doesnt really act as some last resort for financial problems.