Chinese saw that this was no big deal an are buying back....
I am all BTC for the night. Let's see what tomorrow will bring...
I thought screw it and sold my return of investment, which was about an order of magnitude more than I could afford to lose.
How could you possibly have an order of magnitude more wealth in bitcoins than you could afford to lose? Suppose you originally could afford to lose $10,000 and put all of that into Bitcoin at $100/coin. Having $110,000 at $1100/coin doesn't mean you can't afford to lose only $10,000 of that - it means you can now afford to lose $100,000 more than you could before.
He must have been in a deep hole to start with.
He had debt in excess of 10x his assets, then, and decided it was prudent to purchase Bitcoin.