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Topic: A matter of family conflict regarding Bitcoin. - page 4. (Read 1320 times)

hero member
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No matter how unmarried people imagine the complexity of life in a family, they will always underestimate the real complexity. It is necessary that the characters be similar, the attitude to life and cleanliness in the apartment, and of course the attitude to money. As far as I understood from the news, it is unlikely that his now deceased wife gave him permission to invest so much money. Women do not take such risks with money, so men generally do not ask permission to invest money. Apparently she asked about these almost 20k, and her husband had already lost it.
They were necessary for the life of this family, at a time when only extra money could be invested.The loss will not change the financial situation of the family.
A family can be strong if the spouses can plan their future together, if they have a common budget, a common vision of where they are going and how they can achieve their goals. A lot of things are important, they maintain balance in the family, sometimes you need to make concessions, it’s really not easy. I noticed that if a family is wealthy, then they have significantly fewer conflicts over finances. If one spouse is more responsible for the finances, then financial management should be his responsibility, but if the other spouse does not support an investment because he sees it as a big risk, then you need to find another investment, family is most important.
Ideally, that’s should be the case but I think when it comes to investment, husbands are more aggressive to participate that even if their spouses are against with it, still they will pursue it without them knowing. And when they start losing, that’s when they realized that their wives should know about it, and when these wives overreacted to it, these frustrated husbands suddenly lose their control and burst out with anger.
hero member
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Am not a marriage counselor of any sort but seeing conflict, husband, and wife all in one sentence..this  spells out communication breakdown, and for a marriage to work the foundation is built on it!

Btw reading through the article, am made to believe the wife wanted out of the marriage and  she was patiently waiting  for her man to f**kup which he did and  her wish became true...this has nothing to do with the crypto investment the husband lost!
And unfortunately, the article is equally poorly written as it has left out some valuable information leaving us to speculate on what happened, and from what I have got from the article.. this has kind of painted a picture of husband and wife living in  two seperate homes and a jealous husband that doesn't want to move on..otherwise this turned out o be some telenovela lol
legendary
Activity: 2338
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It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well.

It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin.
Basically, when it comes to investing in Bitcoin or cryptocurrencies in particular, it's important not to use all of your money. We need to manage our finances, for example, by only using 10-20% of our income, and the rest should be allocated for other needs.
In the life we live, it's also essential to have an emergency fund, so that whenever we have unexpected expenses, the money is already available.
sr. member
Activity: 1624
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Money causes these kind of problems most of the time if not all the time. Usual family problems stem out from conflict in finance and/or properties. The same rule applies to bitcoin. Bitcoin, specifically, doesn’t have anything to do with this horrible story however in general, the concept of investment and profits and losses can all be causes of family problems. It’s unfair to blame these kind of things solely on bitcoin.

This wouldn't be an issue if in the first place, you did not risk the money that you can't afford to lose in investment. Which results to unstable emotional and mental health that also affects the people that surrounds you. Bitcoin is not literally to blame in family conflict, if you're planning to invest as a family, of course all of you has to be well knowledged in something that you will risk your money with, such as Bitcoin. Investment is actually good to take especially in a family, but if you're not yet financially stable as you'll have to provide your needs, you really need to exert effort to have extra money for investment.
legendary
Activity: 1792
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~snip
There are several options for resolving the dispute over investments in bitcoin:
- don't tell anyone about your BTC-investments until a certain point, even your wife or husband, in order to avoid influencing your investment strategy and the emergence of conflict situations due to the right moment of sale bitcoin.
- exchange your wife or husband for a person who will not interfere in your affairs with bitcoin, at least until you get rich and your beloved half wants to take half from you.Smiley

People will always blame anything but themselves for their problems. This time the accusation went to the bitcoin.
jr. member
Activity: 54
Merit: 2
Money causes these kind of problems most of the time if not all the time. Usual family problems stem out from conflict in finance and/or properties. The same rule applies to bitcoin. Bitcoin, specifically, doesn’t have anything to do with this horrible story however in general, the concept of investment and profits and losses can all be causes of family problems. It’s unfair to blame these kind of things solely on bitcoin.
legendary
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it is not about bitcoin actually , but it is about the attitude of the person involve , how he put himself into investing that he might lose and cannot accept that fact.

even if this happened in stocks or real estate he will still have this act because he cannot handle the volatility of the investment world.

I think he is not there to invest instead he wanted to become super rich in easy way.

As an investor if you can't take responsibility for your loss then you're not ready for what's ahead, before you find yourself in a high place talking about being rich there must be risk involved so when you're in you don't need to blame anybody for any negative results that comes out, like in the investment world we should always expect the bad side of it first.
Every form of investment have got risk. Based on the level of risk will be the profit. As said things could happen positive or the same could go negative. It all depends on how well we manage and predict the market. At times things coincide and give good profit and the same could go in the opposite way.

Keeping ourselves ready to experience experience the worst case scenario will ease to overcome such investment problems. Anyhow it is the lack of understanding or the mistake from the person involved, and unwantedly bitcoin is connected with the incident. Whether it is bitcoin or any other investment, if things weren't handled properly loss will be the outcome.
legendary
Activity: 3542
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I don’t think bitcoin is to blame for this. First off, they must’ve had toxic familial relations to begin with. Losing so much on bitcoin is just the straw that broke the camel’s back. Bitcoin doesn’t bring the worst out of people, they are already fucked up from the get-go. They just happened to find an outlet through bitcoin.

With that being said I hope some form of recluse or recovery is achieved. While this is more on the severe side family is still family and a matter of discussion and setting aside differences and past transgressions should do the trick. That i if they’re willing to admit to being in the wrong and all that stuff.
It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well.

It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin.
This is correct. It is obvious that there are other factors that are included in this dispute, probably family problems that haven't been discussed and kept piling up, and what happened with the Bitcoin lost may have triggered the last straw. However, to solely include and mention Bitcoin without putting the whole context is unjust. It is not fair to blame Bitcoin because Bitcoin is just the currency and the investment as well as every decision and action made with Bitcoin is all in the hands of the person holding it, therefore the blame should be put to them. Honestly, this is just another way for the media or news to put a stain on Bitcoin's image because they saw an opportunity, a bad case with Bitcoin being mentioned, a little tailoring of info and they have the perfect controversial news. Nothing new on this, just another negative hit for Bitcoin made by those who either do not understand it so they hate it or just those who never believed in it.
full member
Activity: 1134
Merit: 140
I don’t think bitcoin is to blame for this. First off, they must’ve had toxic familial relations to begin with. Losing so much on bitcoin is just the straw that broke the camel’s back. Bitcoin doesn’t bring the worst out of people, they are already fucked up from the get-go. They just happened to find an outlet through bitcoin.

With that being said I hope some form of recluse or recovery is achieved. While this is more on the severe side family is still family and a matter of discussion and setting aside differences and past transgressions should do the trick. That i if they’re willing to admit to being in the wrong and all that stuff.
It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well.

It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin.
hero member
Activity: 1316
Merit: 787
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-snip-
Not tips but experience as a married person. When a problem occurs to a husband, not everything needs to be conveyed to the wife. Husbands must be able to separate everything, for example personal matters that occur outside the house are not brought into the house to avoid negative things happening such as uncontrolled emotions.
After I read the news link, this was pure self-control that the husband couldn't exercise, which ended up shooting his wife, not because of bitcoin.

I hope this story is not cooked up by anti-bitcoin groups for negative information in spreading news as if the murder occurred because of bitcoin.
sr. member
Activity: 756
Merit: 454
it is not about bitcoin actually , but it is about the attitude of the person involve , how he put himself into investing that he might lose and cannot accept that fact.

even if this happened in stocks or real estate he will still have this act because he cannot handle the volatility of the investment world.

I think he is not there to invest instead he wanted to become super rich in easy way.

As an investor if you can't take responsibility for your loss then you're not ready for what's ahead, before you find yourself in a high place talking about being rich there must be risk involved so when you're in you don't need to blame anybody for any negative results that comes out, like in the investment world we should always expect the bad side of it first.
hero member
Activity: 2184
Merit: 599
From the cases that OP presented in this discussion and the news included related to violence due to investment failures that caused a heartbreaking incident.

I have a few questions related to the investment made, is it in short -term investment, or trading or something else?
I assume that the investment made is a short term that can draw the conclusion that it should invest it has a safe financial management, meaning that it should not use the all money they have to buy bitcoin, while other needs rely on money from the money in investment, of course when the market does not In accordance with what is expected will make a loss, on the other hand the need to continue to be urgent to be fulfilled, it is natural that this married couple experiences quarrels in it because they do not use good financial management and good discussions with their wives before investing.


The short term investment is not the true solution to any investment,because it take time for the market to response for the good pump.If the OP speaking with the short term,he should understand himself about the important of the long term investment.Since he made some investment,the long term holding is the essential one.Many traders was successful today by the holding for the longer period.If you are still not satisfied with my answer,you can ask any of your old trader friend about the long term holding.

We understand for that and I do not affirm that my behavior is right here, and I think everyone also wants to invest in the long term if he is able to do it. But it seems that the person behind it depends on the investment that is made, which will make a short -term investment to take advantage in order to survive, and yes he failed in the end, resulting in losses that make his finances messy.

No clear evidence on the 700000 baht. Whether he invested it, or he lost in gambling or he did something else. Nothing is revealed and with the minimal information available we can't point bitcoin as the reason behind it. He might have invested into bitcoin, but where does the loss had happened isn't known. Looking upon the day full of stress it looks like the person had lost it in gambling. Through trading it isn't possible to experience such a massive loss all of the sudden as there is not much of market fluctuation.

I am also a little ambiguous by connecting it to Bitcoin, but if that person plays gambling or trading and or buying shitcoin it has a major chance that can cause losses in his investment. The media does not seem to give a clear explanation of that, I think some people will have the wrong assumptions with what actually happened.
full member
Activity: 560
Merit: 161
Bitcoin does not have any problem. It is common when people two engage themselves about things concerning money and if it doesn't work well at the end it will turn to conflict. I think it is an investment that made these two persons to have misunderstanding,  bitcoin wasn't the cause. Money has always cause family,  friends to be in disagreement. Because of the volatility of bitcoin it is best for investment to be one man investment instead of friends, family members  go into a joint investment that can result to a serious problem when investment does not comes out as targeted.
hero member
Activity: 2618
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No clear evidence on the 700000 baht. Whether he invested it, or he lost in gambling or he did something else. Nothing is revealed and with the minimal information available we can't point bitcoin as the reason behind it. He might have invested into bitcoin, but where does the loss had happened isn't known. Looking upon the day full of stress it looks like the person had lost it in gambling. Through trading it isn't possible to experience such a massive loss all of the sudden as there is not much of market fluctuation.
sr. member
Activity: 882
Merit: 457
The short term investment is not the true solution to any investment,because it take time for the market to response for the good pump.If the OP speaking with the short term,he should understand himself about the important of the long term investment.Since he made some investment,the long term holding is the essential one.Many traders was successful today by the holding for the longer period.If you are still not satisfied with my answer,you can ask any of your old trader friend about the long term holding.

I think there is nothing wrong with short-term and long-term investments, only different strategies. The advantage of short-term investments is that you can get repeated profits because you invest repeatedly, while long-term investments only get one profit. So both have their respective advantages and benefits and nothing is better between the two

I think everyone has their own investment style, as long as they are comfortable and can make a profit, there is no need to debate.
hero member
Activity: 2324
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DGbet.fun - Crypto Sportsbook
From the cases that OP presented in this discussion and the news included related to violence due to investment failures that caused a heartbreaking incident.

I have a few questions related to the investment made, is it in short -term investment, or trading or something else?
I assume that the investment made is a short term that can draw the conclusion that it should invest it has a safe financial management, meaning that it should not use the all money they have to buy bitcoin, while other needs rely on money from the money in investment, of course when the market does not In accordance with what is expected will make a loss, on the other hand the need to continue to be urgent to be fulfilled, it is natural that this married couple experiences quarrels in it because they do not use good financial management and good discussions with their wives before investing.


The short term investment is not the true solution to any investment,because it take time for the market to response for the good pump.If the OP speaking with the short term,he should understand himself about the important of the long term investment.Since he made some investment,the long term holding is the essential one.Many traders was successful today by the holding for the longer period.If you are still not satisfied with my answer,you can ask any of your old trader friend about the long term holding.
legendary
Activity: 2576
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Of course family is the most important thing but if someone sacrifices time to understand and learn something before investing, then also the partner should do the same and have a serious discussion about it: if you want to invest in BTC, stock market, or whatever, and you did your homework, you're spouse can't simply say no based on his/her personal perception of that idea, they actually have to explain why it's better not to do it. And "it's too risky" it's not an answer.
and the point is that discussing with your family or partner is very important to do, in order to find the point where the investment is good or not to continue and what are the things that should not be done.

Openness with discussion will give good results, so that everyone can know what is being done and strived for.

I have a small family and I always say what I will buy this week to add to my crypto investment accumulation I convince them by saying that the market is in a bearish period and will benefit from investing now and selling it when the market is in a bullish period later.

That way there is no conflict about the investment issues made because it has gone through a good and open discussion process.
I understand what you mean but very often, probably too often, it's difficult to have a productive discussion with people because they their idea, usually based on "someone told me that" or "I read on Facebook that", and they are not open to discuss it because in reality they don't know what they are talking about. Fortunately my wife supports me on crypto but when I talked years ago with friends many of them decided not to invest because their girlfriends (not even wives) told them not to do it because, in their opinion, bitcoin was a scam. Opinions based on who knows what. Now of course they deeply regret the decision...
sr. member
Activity: 924
Merit: 365
It would be a mistaken fact for someone to blame bitcoin totally to be the cause of a husband shooting his wife over the loss of money investing in bitcoin. How can someone think of such whereby bitcoin is not actually the cause of it but to their lack of knowledge and forgetting fact to the term that says ''You never lose your bitcoin investment unless you decide to sell''

Before the miscommunication that resulted in the shooting, I think both parties(the husband and wife) would have learnt to hold on and wait patiently for the bull run to commence before taking laws in each other hand.
hero member
Activity: 2184
Merit: 531
Most of the replies in here said that Bitcoin is not the one to blame, and I agree. And this could be avoided if the couples were more open to each other. I believe it's not just the husband money, it's the couple's money, and most likely that it's not a cold money, could be their saving, after all if the money is to be invested in anything both should have a discussion, so both understand the risk.

It's the husband that's at fault.

He bought bitcoin not knowing what he's buying.
He was weak-minded and couldn't hold long enough to reach profit.
He sold at a loss. He attacked his wife and he injured himself, now he will go to jail, without money and woman to wait for him.

Greed made him lose everything. He wanted more money, he never cared about bitcoin, nor his wife. It was all about himself and making more fiat money!
hero member
Activity: 1470
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No matter how unmarried people imagine the complexity of life in a family, they will always underestimate the real complexity. It is necessary that the characters be similar, the attitude to life and cleanliness in the apartment, and of course the attitude to money. As far as I understood from the news, it is unlikely that his now deceased wife gave him permission to invest so much money. Women do not take such risks with money, so men generally do not ask permission to invest money. Apparently she asked about these almost 20k, and her husband had already lost it.
They were necessary for the life of this family, at a time when only extra money could be invested.The loss will not change the financial situation of the family.
A family can be strong if the spouses can plan their future together, if they have a common budget, a common vision of where they are going and how they can achieve their goals. A lot of things are important, they maintain balance in the family, sometimes you need to make concessions, it’s really not easy. I noticed that if a family is wealthy, then they have significantly fewer conflicts over finances. If one spouse is more responsible for the finances, then financial management should be his responsibility, but if the other spouse does not support an investment because he sees it as a big risk, then you need to find another investment, family is most important.

Unfortunately, spouses often have different opinions about money. I read that there are three types of family relationships in terms of money, and we will assume that the husband is always an investor:
1) the husband is an investor - the wife is an investor
2) the husband is an investor - the wife trusts him with money
3) the husband is an investor - the wife of a spender.
Obviously, the most productive relationship is number 1. Regarding the last relationship, many believe that it is impossible to fix a wife in this type of relationship, and the best way would be divorce. After all, living with a ranking investor will never be able to accumulate the required deposit.
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