Trader Ordinals Reclaims Bitcoin After Purchasing Fat NFT

One Bitcoin trader, Ordinals, managed to recover their money after mistakenly purchasing a non-fungible token (NFT) that couldn't be replaced. The incident serves as a reminder of the risks and complexities involved in the cryptocurrency market. Despite the setback, Ordinals' resilience allowed them to rectify the situation and continue their trading journey. This story highlights the importance of thorough research and caution when engaging in digital asset transactions. Stay vigilant and stay informed to avoid falling into similar predicaments in this ever-evolving world of cryptocurrencies.

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A Bitcoin trader has recovered their money after mistakenly purchasing a non-fungible token (NFT) worth $13,000 on the Bitcoin network. 

On March 1st, a Bitcoin trader shared a post on X about how they made the “biggest mistake” since starting to trade Bitcoin-based NFTs. The trader thought they had bought an NFT for 0.021 Bitcoin, worth approximately $1,287. However, a surprise occurred after the transaction when the trader realized the NFT was listed for 0.21 BTC (around $12,877).

Trader PrincePablos shared on X. Source: X

According to the NFT trader, they shared the incident to urge others to carefully check their digital asset transactions before executing them.

While the trader accepted the loss, Dan Anderson, the NFT seller, saw the X post and promised to refund the money. Anderson emphasized that it was his fault and he made a market offer to repurchase the NFT for 0.21 BTC. Anderson told the trader to accept the offer and return to good health.

Bitcoin NFT transaction. Source: Magic Eden

The repurchase offer for the NFT was accepted and the money was refunded to the trader. At the time of writing, the NFT has been relisted on the market at 0.21 BTC.

SOURCEvietstock
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