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Topic: Will you sell because of situations? (Read 631 times)

full member
Activity: 406
Merit: 109
May 15, 2023, 07:38:04 AM
What's the point of having an investment or money if you won't be using it on something important? Why would you have a second thought on selling your Bitcoin if it's the life of your child that's in danger? If that's the only way he could do to get some money, then do it. But of course they need to ask for the help of the police. If the police can handle the situation safely then they won't be needing to give that money to the kidnapper and at the same time, they'll get their child safe. So first, seek help to the police and advice on what to do and how to communicate with the kidnapper, not here on the forum...
full member
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In this situation you dont have to seek for much advice because you might end up making silly mistake and decision that will lead to an everlasting regret and you will never forgive yourself for such action of yours that would have been avoided ordinarily,  for the fact that human safety is involved in this, you don't have to think twice to withdraw your investment and do the needful with it because if you allow them to kill the person there the person is gone forever but if you convert your investment for this purpose the possiblity of hustling to get it back as far as you are alive is there but the dead is gone and cannot be seen again forever. So don't neglect saving life make it a priority no matter what it takes.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
May 02, 2023, 08:48:12 AM
#99
Snip

Some people seem to be more concerned about their investment than anything else; even if it is to save a life, some will not even sell their Bitcoin off. But all those things are just material things that can still be regained after some time or by working and accumulating again. But human life is just so precious that when it's lost, it can't be bought back with money, but we can still buy Bitcoin at any time. In cases like this, the OP may not even be in the right state of mind to think unless they are just thinking about the possibilities of getting their relative set free, so selling their holdings should not even be a hard decision to take if that's the only option they have.





full member
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May 02, 2023, 06:57:36 AM
#98
I think that one of the major reasons why we put money aside or have investments is because of eventualities like this. Life is very important, so we should do what ever we can to secure it. Saving our lives and the Lives of our loved ones should be our top priority. If we have what it takes to save a life, then we should not waste  time in doing so.

In the case that you mentioned, I think that the person's priority should be to do what he can to make sure that the kidnapped victim is released. Because wealth lost can be recovered, but a life lost can never be recovered.
hero member
Activity: 1582
Merit: 690
May 02, 2023, 06:35:10 AM
#97
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.
Don't be selfish just because bitcoin has a high selling value, life doesn't count how much wealth you have and doesn't look at the amount of bitcoin you have. The story you tell is like a joke and in my opinion people's lives are controlled by lust, so many considerations that should be considered are neglected and many things happen precisely because of wrong decision making. If it's true that such an event happened, why is there so much consideration not to sell bitcoins?

Friends, life doesn't need to be complicated when we are too emotional, there are other things that need to be prioritized and more important, money and bitcoins can be sought but prioritizing what is important is far more moral to do and hope you understand the intentions of many people who have given advice for this problem.
hero member
Activity: 1330
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Arts & Crypto
May 02, 2023, 06:02:43 AM
#96
Are you out of your mind? What are your plans for your...
~~~
...me,what ever it takes for me to save a life of a family member or friend,I would do it,as long as the means is available.

You are absolutely right, there is nothing more expensive than the health of relatives and friends.
If we talk only about ourselves, then we need to clarify the point about needs, since for one the need is medicines for his wife, and for another it is to buy a new iPhone. I have a friend who won't eat, but buy himself such a smartphone.

As for me: I will not sell bitcoin if my strategy does not allow it. I have friends from whom I can always borrow, and there is no need to spend my crypt, especially if it is at the bottom. Violation of the trading strategy is unacceptable.
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
May 02, 2023, 05:53:24 AM
#95
()

If I were in the OP's situation, I would call the police, which is what I would do first. And I need to confirm that it is real blackmail, not a setup to get my money. I won't hesitate or give it much thought because my sister's safety is far more important than bitcoin.
We can earn money again with our jobs, side hustles and businesses. But once life is gone, it cannot be brought back.

That is absolutely true, I don't understand what many people are thinking when they value bitcoin more than their own health, more than the lives of their loved ones. Because we can always buy back bitcoins anytime as long as we have the money. I agree that, over time, the price of bitcoin can get more expensive, but that doesn't mean it can't be bought. Just like now, we're buying bitcoins for $30k, thousands of times more expensive than people buying bitcoins for a few dollars, so there's no reason why we can't get it for more. But our loved one's life is only one, if lost, we have billions of dollars and never bring them back to this life.
hero member
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May 02, 2023, 12:40:13 AM
#94
In almost all countries of the world, kidnappers kidnap for money. They demanded release in various ways. May be through fiat money or something else. As he became quite popular with cryptocurrency, kidnappers followed him and kidnapped his family members. I think it would be better if his family members can be released there through the police administration. But kidnappers are very clever. They can of course brutally torture and even kill those detained if found involved in such activities. I have to take the decision of that person before considering the situation. On the other hand, no matter how low the price of Bitcoin is, he should save his family members by selling his bitcoin.
full member
Activity: 532
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May 01, 2023, 10:02:37 PM
#93
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?

Even though the topic is somewhat a no brainer, as long as you live, you can have bitcoin, its here to stay, while the life of your family is much precious than bitcoin,
I would sell because family is important to me, I can earn a lot with the help of family there are lots of way to earn bitcoin together with your family, I dont have a clue why everybody is confuse making decisions with who to chose.
sr. member
Activity: 1442
Merit: 390
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May 01, 2023, 09:46:38 PM
#92
Do you advise he sells and bail his kid sister?  Everybody is confuse.

First of all, it seems it was a made-up story man. It is not convincing, if you are going to make a story, please make it more natural.
Anyway, I don't think this will confuse everyone because pretty much everyone already knew what to do when this happens. Would you have a second thought selling your stash for the sake of your child's life? Of course no, are you for real? As soon as you get in this situation you will have no any other thoughts but to sell it right away just to save your love ones, no matter what circumstances are, whether the price is against you or not. We can earn money or bitcoin again but the lives of our love one is irreplaceable.
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
May 01, 2023, 07:16:05 PM
#91
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?
Bitcoin is money thus, we need to spend it on important things.

It's a no brainer on what should a person do with this situation, do you love your sister for that matter? If yes. You'll have to do the right thing and that's to bail and sell your bitcoin.

But before that, is there the authorities or cops can do on this situation and ask them to help with this incident? Because someone will think of that firstly unless there's no sense of asking them anyway.

I agree with your thinking, bitcoin is just money, and we invest in it to make more money and have a better life. Bitcoin is not something that can be more valuable than our lives or our loved ones. If you can spend money on things that matter, selling bitcoin is like spending fiat.
We get into that situation that we nearly don't want to spend our bitcoin even if it's in life and death situation. But from there, it's not just in the movies but people who have been into that situation have chosen to save lives and if there have been those that were not willing to sacrifice their wealth, maybe they're only few.

If I were in the OP's situation, I would call the police, which is what I would do first. And I need to confirm that it is real blackmail, not a setup to get my money. I won't hesitate or give it much thought because my sister's safety is far more important than bitcoin.
We can earn money again with our jobs, side hustles and businesses. But once life is gone, it cannot be brought back.
full member
Activity: 280
Merit: 206
May 01, 2023, 05:28:47 PM
#90
At what situations did you think you can sell your bitcoin and forget about bitcoin like it has never exist in your life.
This situation is definitely one that requires you sell your bitcoins. Any life threatening situation which cannot be solved by the cash I have available would cause me to liquidate my Bitcoin holdings.

I see absolutely no reason why I should forget about Bitcoin. Having to empty my wallet at one time does not mean I cannot keep earning in Bitcoin and building my stash over again.

Even if this story isn't a lie, it doesn't require a forum thread, you only need to look out for your acquaintance and help out when you can.

Why are we in investments, because to solve our problems and to come out from poverty. Weither the story is lie or true, I would do anything to save a family member  or friends even if it means I would have to sell all of my Bitcoins. With my sweat or my hard work, discipline and strategy I would be able to get more bitcoins but when a life is gone, it is gone forever. Because that is the reason why I'm in investments to solve this issues and to be a successful man on earth, even I sell the bitcoin I have I will still have an opportunity to invest in Bitcoin to survive and make things easier, but when life is gone bro forget it.
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
May 01, 2023, 03:10:26 PM
#89
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.
legendary
Activity: 2688
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Once a man, twice a child!
May 01, 2023, 02:31:46 PM
#88
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.
This is the major reason it's advisable to stay on a lowkey while doing one's business. Every crypto or forex trader has to find a way not to over expose themselves. Most people who come across crypto dealers have that misconception of dealers being rich whereas a lot of us could barely live up to expectations, financially. So, why expose oneself then just to feel good on pretence?

If the man's only hope of securing his sister's release from the kidnappers' den is to sell off his Bitcoin and he cares about his sister's life, let him do the needful. However, if the reverse is the case let him also do the needful.
full member
Activity: 1358
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May 01, 2023, 05:41:05 AM
#87
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?

What do you choose? your daughter or your bitcoin? I would say my daughter, no matter how high the bitcoin are or how long you want it to hold if you're daughter is in danger, I would sell my bitcoin just for my daughter because that is a life and my loved ones and I will not hesitate to sell my bitcoin if the bitcoin is pumping tomorrow or the bext day or next year. No matter how long you hold in bitcoin, if you're daughter is in danger just sell it because bitcoin is always there if you sell it and my daughter will not comeback anymore.
legendary
Activity: 1750
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Assalamu Alekum
May 01, 2023, 04:22:51 AM
#86
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?
Bitcoin is money thus, we need to spend it on important things.

It's a no brainer on what should a person do with this situation, do you love your sister for that matter? If yes. You'll have to do the right thing and that's to bail and sell your bitcoin.

But before that, is there the authorities or cops can do on this situation and ask them to help with this incident? Because someone will think of that firstly unless there's no sense of asking them anyway.

I agree with your thinking, bitcoin is just money, and we invest in it to make more money and have a better life. Bitcoin is not something that can be more valuable than our lives or our loved ones. If you can spend money on things that matter, selling bitcoin is like spending fiat.

If I were in the OP's situation, I would call the police, which is what I would do first. And I need to confirm that it is real blackmail, not a setup to get my money. I won't hesitate or give it much thought because my sister's safety is far more important than bitcoin.
hero member
Activity: 2772
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April 30, 2023, 05:53:24 PM
#85
What other stories did you come up with to create drama like this to create new threads every day?

I can't believe what you're telling the forum this looks like this is bullshit or like a drama movie asking for ransom while you are confused about how to do whether to sell BTC or not it is stupid not to act sooner.

lol.
This is more likely a self-made story but even if it’s real or not, situation like this does not need to confuse yourself anymore as to what action will be the right to take. Obviously, you will sell your bitcoin so you can save your kid sis from the hands of the kidnappers. Life is more worthy than money so no need to overthink. Just do what the kidnappers tell, but never forget to call the police so that they can protect you with incoming danger.
hero member
Activity: 2828
Merit: 666
April 30, 2023, 05:38:58 PM
#84
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?

Every situation that needs immediate action, especially for emergency cases, one should not be confused anymore but stick on how to save what’s need to be save. And by selling bitcoin, if that’s the last option, then I would not hesitate to sell it as long as my loved one will be from danger. We only live life once, so we should seize every moment how to make it more useful and valuable. Bitcoin is just a form of money, we can always obtain it if we really want to.
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
April 30, 2023, 04:56:55 PM
#83
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.

But did they ask for the ransom to be paid in Bitcoin, if they didn't then I don't think this has to do with them knowing he's a crypto trader. Assuming they asked specifically for Bitcoin then we'll know the kidnappers were fully informed of the job of the victim. Kidnapping is a very lucrative business in Nigeria, the authorizes don't care much about this incidents anymore unless there's a high citizens involved like politicians or business man so bets the man who look for how to resolved the issue himself. If it has to be him selling his Bitcoin the. He should do that immediatetly and get the money to get his loved ones safe.

This kidnappers are very dangerous in this region as if you don't do as they say then you might never see your love one again, there has been cases of kidnappers trafficking their victims when their families don't respond to their demans. Most kidnapping incident that was uncovered has usually been traced back to the victims family or close friends as they were always insider job and I won't be surprised if this case is also an inside job. The victim shouldn't depend on the government instead he should do everything possible to get his kid even though he has to sell his Bitcoin, that's why I'll do.
sr. member
Activity: 490
Merit: 302
April 30, 2023, 03:19:20 PM
#82
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?
Holding bitcoins is indeed our main goal. But our family and loved ones are far more important than any wealth or assets, including Bitcoin. If you are in an emergency situation like what you described, where you need to sell your Bitcoin to save the life of your sister who you love so much, then it is a reasonable decision and I myself will sell bitcoin to save our loved ones.

Selling Bitcoins may be a wise choice, because later we can still buy bitcoins again at a later time. However, it is also important to do this with the help and support of authorities, such as the police or other authorities. Never try to resolve such situations on your own, as that can be very dangerous and could potentially put the lives of our loved ones at risk.
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