While investing in cryptocurrencies can drastically change someone’s financial situation, HODLer says their actions could save someone’s life.
In a Reddit post on the r / Cryptocurrency subreddit on Tuesday, a British user stated that the advice they gave to a friend at university two years ago led to the man’s father being able to receive critical treatment for lung cancer.
“I met a guy in the library looking for a specific book on cryptocurrency. One Reddit user said,“ I don’t remember what it was, but I’m sure it was a cryptocurrency for dummies or something. ”We talked and brought it back to Coinbase, Binance, Mercatox, and Huobi. And Nexo, CoinMarketCap, Blockfolio and they gave him a list of 5 cryptocurrencies that he invested in the time he was about to research and determine if he would invest in them as well … … that day, he decided to invest in them all.
U / UsersAndAbusers reportedly recommended a friend to invest in the tokens of Cardano Foundation Ada, XinFins XDC, Golem (then GNT, now GLM), Nexo and Ether (ETH) during the meeting. According to Redditor, they received a letter from an acquaintance on Tuesday claiming that the earnings of investment advice allowed him to pay for private treatment for his father, who now suffers from stage 2 lung cancer.
The text says: “I managed to save money every month, and invested it in 4 of the 5 digital currencies. You told me about it when I said which one will make good investments in the long term.” “Despite everything that happened, he was waiting for surgery, but thanks to you, I was able to pay for the special surgery as quickly as possible, and I hope I only have enough left to pay him to get the best treatment. It is. Improvement.”
While basic medical procedures tend to be cheaper in the UK than in the US, u / UsersAndAbusers has stated that “healthcare is subsidized” in the country due to the pandemic, and people are likely to die as much as they get free. That you need. ” Paying pockets for private treatment – a cost in “tens of thousands,” according to u / UsersAndAbusers – reduces the wait times experienced by many trials on public systems.
Although this story cannot be independently verified, many Reddit users have expressed their frustration with the healthcare system, which supposedly requires someone to move away from their long-term investment in cryptocurrency for medical reasons.
“What kind of world do we live in where a person who took a huge financial risk and paid off must take advantage of that risk to pay for a medical procedure to keep their father alive?” User u / Neomatrix248 said.
Others, including u / Cryptolution, suggested that alternative investment advice could have resulted in a higher payout:
“It’s a shame not to recommend BTC. Instead of paying everything for surgery and nursing, they can just shed 10% of the job and keep the rest.”
Over the past two years, Ada price increased by nearly 2500% from $ 0.045736 to $ 1.169936, GLM by 585% from $ 0.0689 to $ 0.4723, Nexo 2800% from $ 0.0848 to $ 2.48 and ETH. 1,220% off $ 139. To $ 1,835.91. The price of XDC saw the largest increase since 2019, up nearly 6000% from $ 0.0006 to $ 0.036.
On the other hand, investing in a Bitcoin (BTC) Redditor on the network could give the same profits that the coin rose from $ 3,940 in March 2019 to $ 54,215 at time of publication.