The current economic situation in the country have not only affected bitcoiners but everyone living a life in Nigeria right now. This is not because things are too expensive to afford per say, because when you look at the rate of commodities in the Nigerian market and compare it to the world, you will realize we are still enjoying our economy till now but two things are happening now which is bringing the hardship.

One is, Nigerians are not used to the skyrocketed prices of commodities like this time around and are finding it difficult to cope with the new prices. Secondly, the country is living under abject poverty where a great percentage of its people are earning a little above $1 per day and around $30 per month. When you compare such cheap labor with what's practiced outside the country, you will realize how our people are suffering under poverty.

For your friend who decided to sell his bitcoin, I don't want him to blame his decision to do so, because first of all, man must to survive. If by doing so, he gets to satisfy his needs as an individual, then I don't see anything wrong with his decision to sell one out of his other bitcoin. If he must invest in real business, I will advise he goes into real estate as it is still one of the most reliable businesses to fall on in this economy.

He can still hold the remaining bitcoin as we hope the worth increases over time up until it hits a target of 100k which has been a topic of discussion and speculation all this while. Then, he can still decide to either hold it or sell it and use the funds to build a better life for himself and his family.