A matter of family conflict regarding Bitcoin. - page 5.

taufik123

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Quote from: Ale88 on September 24, 2023, 01:58:00 PM

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.

BiggieSmallz

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Quote from: btc78 on September 20, 2023, 06:43:11 AM

Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

https://www.talkimg.com/images/2023/09/20/6cO5T.png
Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

this is a bad sign of how the married being broken because of wrong understanding in cryptocurrency and now Bitcoin once again is being
blamed for this incident .

but it is obvious that the wife is against the investment and only th husband pushes this in the reason of the argument.

The cause of the incident was Kritsada’s loss of 700,000 baht in Bitcoin investments, which led to disagreements with his wife. The wife asked for a separation, which stressed Kritsada. He regularly visited his wife’s house out of fear that she might cheat on him. On the day of the incident, he entered his wife’s house hoping to reconcile but was met with resistance, leading to the aforementioned incident.

https://thethaiger.com/hot-news/crime/bitcoin-investment-loss-sparks-domestic-violence-and-six-hour-police-standoff-in-ayutthaya

this is according to the articles that I assumed the reason of the wanted of divorce from the wife's side.

Bitcoin gets blamed for everything. The media associates it with anonymous criminal activities blah blah blah. From the story, looks like the wife just wanted out of the marriage and was just waiting for the perfect reason to divorce the guy.

Ale88

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Quote from: Inwestour on September 23, 2023, 02:24:58 PM

Quote from: summonerrk on September 23, 2023, 12:35:42 PM

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.

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.

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Quote from: bluebit25 on September 20, 2023, 12:04:10 AM

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

Quote

A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

I sympathize to those who are struggling to open up their crypto investment to their family. However, our part is to make sure that once we explain it to them, they have the initial idea of it and avoid surprising them with result. Ofcourse it is normal to suffer from losses not only in Bitcoin but also with other investments. Think of a better way to say it; partial loss and may still be turned to winnings if you will choose to hold. We cannot blame them to view it negatively especially if they know nothing about it but this excludes violence in any form. If you have a choice to be silent about it or secretive then that would be better as well to lessen the risk of escalation.

icalical

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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.

serjent05

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Quote from: Japinat on September 23, 2023, 05:13:24 PM

Quote from: uneng on September 21, 2023, 06:28:20 PM

Even unstable, disfunctional people can invest in Bitcoin, so it was just a matter of time until we would see these news coming up. As many have said, the problem isn't Bitcoin, but the man who is completely insane. Someone who can't afford the risk of losing money with BTC investment, shouldn't be investing on it, but in this case the roots of the problem go even further, as he took completely extreme measures in response to the loss, besides the fact he is also a possessive man who can't deal with the fact his wife doesn't want him anymore.

The normal reaction would be to let she go away and respect her decision, instead of shooting her and shooting his own leg right after. Completely out his mind... This person is a menace for society. Let's see what authorities are going to do with him.

Bitcoin is just a tool, so it’s nothing to do with any conflict that has arise but it’s all about the person who dares to invest in bitcoin without evaluating himself first if he can actually manage the risk of losing. And because he’s insane and highly greedy, when he start losing from bitcoin, he eventually turn to other people to blame and let his emotions out, thus putting the wife in a very terrible situation that she even herself can’t hardly imagined.

I agree, it is not Bitcoin that created the scenario to happen. It is the action and decision of the husband. If the husband did not decideds to invest their money on Bitcoin and loses it, the wife would not have any reason to split up. It is the husband's action that fuels it not the Bitcoin.

The shooting incident is also not caused by Bitcoin, it is the husband's jealousy and paranoia that caused the crimes. Bitcoin has nothing to do with the shooting incident.

panganib999

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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.

Japinat

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Quote from: uneng on September 21, 2023, 06:28:20 PM

Even unstable, disfunctional people can invest in Bitcoin, so it was just a matter of time until we would see these news coming up. As many have said, the problem isn't Bitcoin, but the man who is completely insane. Someone who can't afford the risk of losing money with BTC investment, shouldn't be investing on it, but in this case the roots of the problem go even further, as he took completely extreme measures in response to the loss, besides the fact he is also a possessive man who can't deal with the fact his wife doesn't want him anymore.

The normal reaction would be to let she go away and respect her decision, instead of shooting her and shooting his own leg right after. Completely out his mind... This person is a menace for society. Let's see what authorities are going to do with him.

Bitcoin is just a tool, so it’s nothing to do with any conflict that has arise but it’s all about the person who dares to invest in bitcoin without evaluating himself first if he can actually manage the risk of losing. And because he’s insane and highly greedy, when he start losing from bitcoin, he eventually turn to other people to blame and let his emotions out, thus putting the wife in a very terrible situation that she even herself can’t hardly imagined.

AakZaki

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Quote from: Kasabus on September 22, 2023, 03:51:31 PM

This is actually unavoidable if you like marrying your bitcoin because of greed, and your whole life turns with it. Once you start seeing things are not working based on your plan, you will start to feel uncontrollable and resort into making some family conflict because of your unfortunate outcome from bitcoin investment. It just proves that once you invest in bitcoin, be sure to be more open minded and never expect too much from your investment so you won’t get easily affected once it turns out not working according to your plan.

Profit or not profit from investing in Bitcoin is determined by us as holders, if greed continues this will have bad consequences in the future. What at first we were going to hold for the long term ended up selling cheaply or cutting losses because our mentality was quite disturbed because prices continued to fall. instead it is a good opportunity to buy again. Expecting too much from an investment you don't believe in will only weigh on the holder's mind. Bitcoin is the number one digital asset, so what is there to doubt, just hold on for the long term and just enjoy the profits later, nothing is instant.

Inwestour

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Quote from: summonerrk on September 23, 2023, 12:35:42 PM

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.

khiholangkang

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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.

summonerrk

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Quote from: Aanuoluwatofunmi on September 23, 2023, 08:36:39 AM

Quote from: pawanjain on September 23, 2023, 08:03:09 AM

Quote from: Aanuoluwatofunmi on September 22, 2023, 01:06:08 PM

Quote from: pawanjain on September 22, 2023, 11:57:59 AM

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

That's true, the solution to any problem is not engaging in domestic violence, especially when this is happening between a man and a woman, there are some situations that we only to settle agrression with calm, loosing bitcoin isn't the end of life, moreover there's always a second chance for another opportunity to come and they can recover the loss again, when things like this happens, the two of them are expected to address it and settles it and everything come to an end, there are better ways of settling down dispute than been aggressive, there will always be more opportunities to come and invest and the market pumps.

That's a very good approach. In fact, I think that both the husband and wife should treat the situation by understanding each other.
If the husband has lost money then the wife should calm him down and console him and motivate him to find another opportunity and not fight with him.
On the other hand the husband should apologize to the wife for committing the mistake and make her understand how he lost so that they both don't lose the money the same way again.
If people start treating each other with respect and understand each other then half of the life's problems will not even occur from my perspective.

You're right, understanding matters alot in everything that we do, we could see many marriages suffering alot of disparity between the couples because they lack the adequate understanding they both would have worked on to be in concession with each other, this same lack of information and understanding is what causes many people who invested in bitcoin to loose and missed out out of fear and negligence, what attitude do we give to our assets, how determined are we to see them productive, what are the steps we take to ensure this happens and turns a reality, this is not about nthe excitement of being an investor, we need the knowledge in understanding how bitcoin network works and we also need to know how we can manage risk.

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.

Aanuoluwatofunmi

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Quote from: pawanjain on September 23, 2023, 08:03:09 AM

Quote from: Aanuoluwatofunmi on September 22, 2023, 01:06:08 PM

Quote from: pawanjain on September 22, 2023, 11:57:59 AM

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

That's true, the solution to any problem is not engaging in domestic violence, especially when this is happening between a man and a woman, there are some situations that we only to settle agrression with calm, loosing bitcoin isn't the end of life, moreover there's always a second chance for another opportunity to come and they can recover the loss again, when things like this happens, the two of them are expected to address it and settles it and everything come to an end, there are better ways of settling down dispute than been aggressive, there will always be more opportunities to come and invest and the market pumps.

That's a very good approach. In fact, I think that both the husband and wife should treat the situation by understanding each other.
If the husband has lost money then the wife should calm him down and console him and motivate him to find another opportunity and not fight with him.
On the other hand the husband should apologize to the wife for committing the mistake and make her understand how he lost so that they both don't lose the money the same way again.
If people start treating each other with respect and understand each other then half of the life's problems will not even occur from my perspective.

You're right, understanding matters alot in everything that we do, we could see many marriages suffering alot of disparity between the couples because they lack the adequate understanding they both would have worked on to be in concession with each other, this same lack of information and understanding is what causes many people who invested in bitcoin to loose and missed out out of fear and negligence, what attitude do we give to our assets, how determined are we to see them productive, what are the steps we take to ensure this happens and turns a reality, this is not about nthe excitement of being an investor, we need the knowledge in understanding how bitcoin network works and we also need to know how we can manage risk.

uswa56

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Quote from: pawanjain on September 23, 2023, 08:03:09 AM

Quote from: Aanuoluwatofunmi on September 22, 2023, 01:06:08 PM

Quote from: pawanjain on September 22, 2023, 11:57:59 AM

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

That's true, the solution to any problem is not engaging in domestic violence, especially when this is happening between a man and a woman, there are some situations that we only to settle agrression with calm, loosing bitcoin isn't the end of life, moreover there's always a second chance for another opportunity to come and they can recover the loss again, when things like this happens, the two of them are expected to address it and settles it and everything come to an end, there are better ways of settling down dispute than been aggressive, there will always be more opportunities to come and invest and the market pumps.

That's a very good approach. In fact, I think that both the husband and wife should treat the situation by understanding each other.
If the husband has lost money then the wife should calm him down and console him and motivate him to find another opportunity and not fight with him.
On the other hand the husband should apologize to the wife for committing the mistake and make her understand how he lost so that they both don't lose the money the same way again.
If people start treating each other with respect and understand each other then half of the life's problems will not even occur from my perspective.

Almost everyone has experienced losing money in investing, but if we have a partner who understands each other when we experience losing money in investing, it will really help us in dealing with problems like this and we can correct the mistakes we have made so that we don't repeat the mistakes we made the same later. You are right that mutual respect in a relationship is very necessary, because no matter how difficult the problem we face, if we solve it together it will certainly be very easy to solve.

pawanjain

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Quote from: Aanuoluwatofunmi on September 22, 2023, 01:06:08 PM

Quote from: pawanjain on September 22, 2023, 11:57:59 AM

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.

That's true, the solution to any problem is not engaging in domestic violence, especially when this is happening between a man and a woman, there are some situations that we only to settle agrression with calm, loosing bitcoin isn't the end of life, moreover there's always a second chance for another opportunity to come and they can recover the loss again, when things like this happens, the two of them are expected to address it and settles it and everything come to an end, there are better ways of settling down dispute than been aggressive, there will always be more opportunities to come and invest and the market pumps.

That's a very good approach. In fact, I think that both the husband and wife should treat the situation by understanding each other.
If the husband has lost money then the wife should calm him down and console him and motivate him to find another opportunity and not fight with him.
On the other hand the husband should apologize to the wife for committing the mistake and make her understand how he lost so that they both don't lose the money the same way again.
If people start treating each other with respect and understand each other then half of the life's problems will not even occur from my perspective.

stadus

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Quote from: MFahad on September 23, 2023, 04:04:37 AM

Bitcoin will give you profit if you understand it completely but if you don't understand then blaming bitcoin is useless. Bitcoin is just a way to earn but it is you who select your failure or win as you have to take decision accordingly and bitcoin never force you to select it.

I think it's not only bitcoin but if a person fails to get profit in any asset he will be angry with his family and its a human nature. They don't think that it is their fault that they don't manage their investment correctly if they do so then they will never be disappointed.

People don't get knowledge on time when they do not get success then they starts to combat with families and they consider bitcoin as a bad investment which is totally inaccurate opinion.

Obviously, it's the person. We can never blame Bitcoin, as it exists and some countries have already recognized it. It's always the lack of knowledge and the greediness to make easy money that will likely lead to losing money. It's okay if the investment is legitimate, but if it's a scam from the start, that's truly unacceptable.

MFahad

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Bitcoin will give you profit if you understand it completely but if you don't understand then blaming bitcoin is useless. Bitcoin is just a way to earn but it is you who select your failure or win as you have to take decision accordingly and bitcoin never force you to select it.

I think it's not only bitcoin but if a person fails to get profit in any asset he will be angry with his family and its a human nature. They don't think that it is their fault that they don't manage their investment correctly if they do so then they will never be disappointed.

People don't get knowledge on time when they do not get success then they starts to combat with families and they consider bitcoin as a bad investment which is totally inaccurate opinion.

Forever101

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The only solution to such related incident is to have patience with ones family member if they have emotional problem due to their investment outcome. Most people who are victims of this incident are actually the cause, an investor who had lost everything and not in his right mind should be treated well instead of engaging in argument with the person. As understanding partner or family member, you are to give that person some free space until they regain their mind or you keep them calm and advice them to be calm as they will still get their fund.
It is practically unwise to start argument on something that is not possible to be reversed at the moment, instead relax and strategize with them. Wisdom is profitable to direct. Argument in most cases has led to serious crime, it's not even a matter if investment or not, argument on its own is not the best means to resolve issues.

Many who invest in bitcoins do not actually understand that you can not be a complete looser in the bitcoins space. You can loose today due to bear market, you can also hit it hard during the bull run. So investors needs to be educated on this. Investors should avoid investing what they can not loose in the bear market.

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Quote from: SeriouslyGiveaway on September 20, 2023, 12:14:03 AM

Don't say it is all because of Bitcoin. Bitcoin is only one of many investment assets that can be chosen by investors. There are more stories like this with stock, real estates, gold investors. There are more stories of family conflicts from traders on Forex with overkill leverages.

You are quite right about that, and conflict because of an investment is not a problem, what is a problem is when family conflict occurs because of improper financial management which makes them have huge debts and makes their lives even more difficult. Investment is something that must be done to improve the economy and it must be done very carefully and wisely and in my opinion investing is a good thing if it is done with the right knowledge about Bitcoin not because of thinking this is an investment that can make you rich in a short time.

I don't read the news but sometimes news like this appears just to attract lots of readers to the website by creating stories that look dramatic but the reality is sometimes different from the truth.

adzino

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This isn't about Bitcoin. It's about a person's inability to handle stress, emotions, and losses. If it wasn't Bitcoin, it could've been something else that acted as the trigger and the end result would have been the same. Shooting his wife. Rather than blaming Bitcoin, we should be blaming and looking into the anger management issue the person was having. It's like blaming a car for an accident when it's the driver who was drunk and driving recklessly. And if you are still going to blame bitcoin, then why not blame the gun for the death and let the man free? Because it was a gun that killed her, not him... One more reason why people say that when investing bitcoin or anything, people should always be ready emotionally too.

Topic: A matter of family conflict regarding Bitcoin. - page 5. (Read 1235 times)