Crypto investor sells his Bitcoin assets and can pay off his parents‘ debts
A Bitcoin investor has found the perfect time for him to sell.
The Bitcoin forum on Reddit (r/Bitcoin) is putting a very personal face on the market-leading cryptocurrency’s current surge. For example, user „u/Bigtony96“ reported yesterday (Thursday) that he sold all his Bitcoin (BTC) to pay off his parents‘ debts.
The Reddit user states that he sold a total of 6 BTC that he had purchased over the past three years. With the proceeds, he was able to pay off the remaining mortgage for his parents‘ house. Subsequently, there is said to have been enough money left over Bitcoin Pro to pay remaining tax debts and to be able to buy a new car.
„Today is the day I’ve been dreaming about for the last few years and it feels so surreal,“ as u/Bigtony96 writes.
Furthermore, he further discloses in his post that his parents needed the help all the more because their restaurant was hit hard by the Corona crisis due to the lockdown:
„My parents mean everything to me. […] They have a restaurant and because of the crisis they had to liquidate large parts of their savings, so they had to worry about money every day. My father once said to me that he would retire as soon as the house was paid off. That day has now come.“
Bitcoin forum on Reddit
Although u/Bigtony96 does not specifically state on what date he sold his BTC, it can be surmised that it was on Thursday, the day the post was also posted online, as the caption reads, „I just sold to pay off my parents‘ debt.“
This is not the first time Cointelegraph has reported on a personal story from the Bitcoin forum on Reddit. Earlier this week, for example, our editorial team had reported that a user had sold his crypto funds to be able to pay his rent. Another crypto investor claims to have also made high profits with Bitcoin.