This story is pathetic, the man who introduce me to bitcoin, his kid sis was knapped 2 weeks now and the kidnappers are asking for a huge ransom of N10 Million Nigeria currency but the whole thing looks like a plan work from some people close to him because many people know him to be crypto dealer. Now this money is never available anywhere, the man's only option is to sell his bitcoin and even if he does is not up to the amount. Do you advise he sells and bail his kid sister? Everybody is confuse.
Many things happens this days, putting you on a test! At what situations did you think you can sell your bitcoin and forget about bitcoin like it has never exist in your life. Knowing well the situation you're into many must have passed it and scale through without selling. What then will make you to sell even if the price is against you?
Regardless of the price, I think with this kind of situation, there’s no sense if you are still weighing things, if you will sell or not. As long as it concerns life over death, then it’s an automatic decision to save first the one that needs to be saved, even if it causing all your bitcoin to sell and leave you with nothing. What’s more important here is life over wealth and money. And I think a lot would agree to this.
Yes, and I know we can't afford to lose someone's life just in exchange for money. If selling our Bitcoin is the best option, why not? Everyone can sacrifice their Bitcoin, even selling them at a cheap price is still okay as long as it was used for a very important reason.
But I also think the reason why this thing happened to them is this man is too bulgar of his achievements and so proud of his Bitcoin without thinking about the possible threats awaiting him. That is why some rich people keep themselves anonymous as possible for they don't want to become a target of evil people.