You are viewing a single comment's thread from:
RE: Great Time to Sign up For a BitShares LTM Life Time Membership, Before KYC Becomes "Keep Your Crypto"!
Dude, just a somewhat apropos comment - friend of a friend made bank apparently with BTC, buying in at couple of hundred dollars. Turned true believer and put in life savings. Now is just about a millionaire.
Guy won't cash out because he is a true believer. I disagree personally, but that's not what bothers me.
Most of that BTC, and the diversified altcoins he's invested in, is being held on two or three centralizd exchanges! It's like storing a million dollars for posterity on a pile of flash paper.
Sorry, this post reminded me and I just thought it was ridiculous behavior. Of course, I'm just jelly of em too :)
well, especially when the centralized exchanges are involved, until he can get them all out, well... it ain't over 'til it's over.
He'd really be much safer at least directly holding them in a wallet, especially if he's not planning on cashing out. Perhaps you can direct him to this article to help "wake him up" and "shake him up" a bit, before it's too late! 😱
I wish I could - I don't really the person - it's been recounted to me only - but if I find my way to informing them I certainly will.