Topic: A matter of family conflict regarding Bitcoin. - page 2. (Read 1235 times)

 I feel like theirs is no point trying to prove a point to anybody, i feel most people reason too much  about what other people feel about them and that they fail to unleash their full potentials, also we will go astray if you investing to impress anyone. Even when you are looking for success in what’s ever field of interest we should still strive to be humble and cut our coat according to our size. The main purpose of going into any business or investment is for the betterment of your life and that of your loved ones.
 A good investor will make proper research before investing, because knowledge is power and without knowledge one will make mistakes and impulsive decision. If not properly educated on the platform and how to go about it you might see complications with even understanding the interphase. So before you make any move what so ever do your research first.

We should always settle any family issues with the family to avoid further problem or difficulties. We need to understand that Bitcoin is a cryptocurrency and if we don't understand or patient enough to buy and hold for a longer time, we might finally lose our capital because of impatience. There are people that have sold their holdings because they could nit wait for the market to retrace to the position where they bought so that they can make profits from the market. Once an investor whether rich or poor is able to understand how the market operate, they will be able to make profits from the market whether big or small depending of the Capital invested.

The major problem faced by many people today is the absence of knowledge as to what you want to invest your funds into, if you must invest your money in anything apart from Bitcoin, you have to inquire about it, you don't just jump into conclusion, secondly don't invest what you can't afford to lose,  Bitcoin is a volatile as we know it to be, you should expect two events to occur, is either your investment increase in profit or decline as the case may be, in this case, if the man had gone on the wide search for the knowledge before investing his hard-earned money in Bitcoin, this would have not happened, I think he has learned in a hard way, such is life, when you make a mistake in life take the blame no matter the action if people towards you, just try as much as possible to convince them to believe you.

I am sure that in 90 percent of families, a man is the one who saves money and earns it, and a woman spends it: buying new iPhones and wanting to fill an overflowing closet with unnecessary clothes. And even if a man tries to start a dialogue on the topic of saving or investing in cryptocurrencies, then all he will achieve is a misunderstanding on the part of a woman. Therefore, there is violence in the family on the basis of money. Women are spenders in most cases.

The problem detailed in the OP wasn’t really bitcoin when you break it down. Anybody who is willing to kill a family member has serious problems. To take a life is such a big thing, there is obviously some deeper rooted problem with the guy in the OP’s post. I don’t think bitcoin can be blamed for things like this, if it wasn’t bitcoin then there probably would have been some other trigger, the guy is obviously mentally unstable. RIP to the deceased, such a tragic waste of life.

If you have a partner in life and you have joint finance, communication should be done in every big step that you to do in both of your money, investing is one of them. Investing a marriage joint money is a hard decision for me to be honest because a lot of trust is involved in it especially if you are the one engaging in the act. There should be at least an agreement or a simple walk through what the investment is. Investing in crypto carries a lot of risk and having no approval to your other half in investing in it will put another risk in it like having a potential divorce when you f***-uped. It's important that you both learn the risk and the potential projected result if it fails or not, of course going all in or not is the decision of both individual depending on their risk appetite.

This is what often triggers commotion in every household, not only in the case reported by the OP. Sometimes when investing you don't think about the risks involved, so many people invest by doing all this without hope of getting multiple profits. Know how to invest but want to know about the risks.

If you have lost a lot of money, sometimes it is difficult to control your emotions, especially when your husband feels great jealousy by visiting his house every day and his wife asks for a divorce, this is indeed a position that is difficult to control.

This is the point. Whatever investment we have, we must have reserve funds, because future events cannot be predicted.

Just imagine bitcoin investment causing domestic violence, surprising how the couples lack understanding in their marriage, if there's anything that will cause domestic violence bitcoin should not be involved anything concerning investment or asset should be excluded. Bitcoin is just an asset, an investment scheme so what is bad there.
If probably he used the family money or money set aside for something else to invest in bitcoin that is very bad but not resulting to domestic violence cause domestic violence should never be an option. Secondly one thing have observe about people who say evil about bitcoin they just keep blabbing and spreading false news, they just keep repeating the same thing about bitcoin and the most funniest part is that bitcoin continues to grow.

Its a well-known pattern in the world of crypto investing, right? In search of exponential returns, people often dive deep without a life jacket, only to understand the dangers too late. First, Bitcoin and other cryptocurrencies are appealing because they can disrupt the economy. Its decentralization and limiting supply offer immunity to economic downturns. Any investment has risk. Diversification is common sense yet often ignored.

Financial stress always affects relationships. A husband's losses causing marital problems emphasizes the need of open communication in relationships. Significant financial adjustments must be communicated to partners. Any financial loss can be overcome by trust and understanding. However, its about knowing one's investment limits and not overextending. No possible gain is worth the chance of having one's life fall apart.

Sometimes there are still some who ignore the risks of investing in bitcoin maybe they do ALL IN hoping to get even bigger profits, when failure occurs that's where emotions overflow and will blame anyone even not themselves.

Maybe when the husband loses a lot of money that should motivate the wife to want to separate and ask for divorce here the conflict becomes big when the husband's emotions overflow, the wife will become a victim even though the wife is not guilty because the husband's money just disappeared without him knowing it.

What is clear is that he does not have a reserve fund when he experiences a large loss he cannot cover his needs until it becomes a quarrel, this incident should not happen to us.

That's tragic.

I agree to OP about forgetting the main reasons why we invest and why we're thriving too hard and that's not for our sake but for the sake of our family.

Some may have their own ulterior reasons that will also be good for their future but I guess the majority has a common denominator why we invest and work hard, and that's to give our families a better life.

Do not forget that goal guys even if it's costing you losses. Don't get into that type of heated argument that you'll get to hit and hurt someone you love, avoid that.

It is human nature that always suggests not to take the risky way. Trading as a profession is not so common in some parts of the world. For not being a part of the educational curriculum some people think this isn't a topic to study about and that it is just a place for wealthy businessmen to bet with their assets. You can keep bitcoin trading aside These people don't even have any knowledge about trading. 

If someone is thinking about starting a career in trading then he should start with less volatile markets like gold, silver, oil, forex etc. Crypto is a volatile but rewarding sector so at some point in his training career a trader should think about adding the bitcoin market to his trading portfolio if he thinks he can handle the stress and risk.

Just found out about this topic and the average answer is of course Bitcoin only as an investment instrument that is defeated when it fails and goes bankrupt because of Bitcoin.
But it cannot be the main reason to be blamed, because it is a risk that must be borne by anyone who enters for investment.

Before deciding to enter Bitcoin, it's good to think about what risks will occur and not use the money used for other needs,
so that when the investment fails, there is nothing to blame.

In this incident, the wife did not understand what Bitcoin investment was about and only knew how her husband lost a large investment value which eventually caused an argument that ended in shooting his wife.

As a wife, you should support and provide motivation so that you don't get too stressed, but if coupled with fighting it will be a big disaster like the news.

it  may, or may not.

Wife might be trying to find way to leave the husband , but there are other twist , because woman mostly trying to stay of the marriage as long as they can.

so lets not jump to blame the WIfe in this because we don't really know what really happened to why this comes this far.

If you are really that too optimistic on the money or fund that you have invested on Bitcoin and really that anticipating or expecting something very positive then you would really be ending up something like this on which you are really that expecting that you would really be making profits without even trying out to realize on how volatile it is.On the time that you've seen that your investment goes south then anger would be felt and basing up on OP stating up a particular situation on which i do believe that there are some trading sessions ending up on negative on which the husband didnt instruct something? But still in overall it isnt really just that right
that investing errors and unpredictable conditions would really be resulting into this. Its never been that a mistake if we do really go against with the trend because it is one of the most common scenario on trading or investing in crypto is that prices is really that moving into a certain extent on which hurting out already your family members specially your wife.

This doing isnt something that a correct thinking or right minded person would really be doing.You are just simply showing that you are already that too impulsive and having that emotion problems
or doesnt have that anger management on which you do really ends up on that kind of act on which it is something not that really right at all.

The incident seems to me entirely due to a misunderstanding between each other. How is it that the wife will divorce the husband because the husband lost by investing in Bitcoin. However, I could not understand whether there was a rift between them before. It is not unusual for a husband who is naturally not in a good state of mind to get angry if his wife says something more negative. But what the husband did wrong was to shoot him. There may be quarrels in a family but it should be within a limit. When they exceeded their limits an accident occurred. But the main issue here is the lack of knowledge or education. An investor must be cautious in any investment. After investing in Bitcoin, if he had been cautious and not excited, there might have been an opportunity to profit again. A long-term holding would have created an opportunity to profit. But instead of doing that they have reached the level of murder which is never desirable.

There are different set of people which we have in this life, there are people who are just living their life looking for means to put all their failure as blame to others which most people have been using bitcoin as an excuse to why they don’t make it in life, some as an excuse to why crime and other means of illegal activities is happening, but deep down they just fail to realize and accept the fact that they they are mostly the cause of their own problem.

Some issue and problem has already long been existing before the bitcoin came into the picture, but today most country government sees it as a digital currency which promote the illegal trade of drugs, firearms and other things which are contraband and could have not been possible to be purchased in the open market, but no those things and such trade has already been happening long before now and those involve just have to notice how bitcoin could also be used.

Just as you have said we don’t have to blame bitcoin for anything, but those who are using it wrongfully or those who have failed to realize it’s true potentials are the one to be blame for anything bad which it has been used for.

This is not the problem of bitcoin, neither did bitcoin cause the problem in that home. There are different investment areas and when it comes to the family or couple, they have to discuss and agree on the investment they want to go into and both parties should know the disadvantage or advantage, profit or losses accruing in the investment.

So regards to bitcoin investment, the both parties are suppose to discuss on it and agree on whatever that will come from it. Of course, bitcoin is volatile and can move either way and the investor could either smile at the end or have some laugher at the end, so that is the simple truth of that.

A home that is fragile already, is waiting to be dismantled at any slightest provocation.

Bitcoin is very unpredictable but people still try their best to predict it of making profit from their own prediction. I think people don't understand bitcoin the way it is but they try to understand it in their own way that is why they always end up bad with it. Their is nothing difficult about investing bitcoin,  the main thing is to know that the market is very volatile .if people are ready to learn bitcoin they won't have to blame bitcoin, they blame bitcoin because they do not do things the way it is suppose to be done.

Depends on the people thinking, what are the thoughts of the people on trading, bitcoin, etc. In our society(I'm talking about myself) people didn't consider trading as a better source of earning and getting profit. So, some people are against trading, so obviously these all are against bitcoin. Almost a lack of knowledge of people who don't have a single knowledge of trading about bitcoin but still they are against bitcoin because they don't know what is bitcoin.
If they gain some knowledge about Bitcoin, then they will make a difference between trading and other stories they are making. These two are completely different things.