Post
Topic
Board Beginners & Help
Re: Will you sell because of situations?
by
KingsDen
on 01/05/2023, 19:10:26 UTC
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?


While the whole story appears to be a made-up story, and the question therein appears to be a dumb question. I will still need to answer to the question that is being raised.
Meanwhile, the question of whether to sell Bitcoin to save a soul or to allow the victim to die and the hold Bitcoin is not acceptable.
Also the topic is seeking indirectly to take sample opinion about how people value their Bitcoin, and this is the kind of question that scammers and criminals ask in order to know how valuable one item is to them compared to their life.

In, as much as I do not believe in this story, I also have to derive a lesson from it, which is ; As a crypto dealer, you should always live on a low key because you are a target in the environment you live, since they wouldn't know how much you, they will think you are over wealthy.