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Topic: A matter of family conflict regarding Bitcoin. - page 7. (Read 1326 times)

sr. member
Activity: 1624
Merit: 315
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Recently everyone i asked related to the bitcoin has an idea because of the era of NFT people committed to the crypto. Even in just a family if someone committing on it and the other family member support this they can now make a deal to make an investment but again its now a family decision and your only decision if they will going to hold or to sell their asset we cannot deny people don't want to lose their money invest in but the market in crypto is volatile so can be an argue to them if they will going to hold or to sell the result will comes up after they commit the decision and there's a blaming possible happen.

For me, when it really comes to crypto or Bitcoin, it's really difficult to handle if you involved your family especially if they have the mindset of quick and easy money. Actually based on my experience which is also from era of NFT where I told my family about it to invest in such good project and sell would gain you profits. So as they've heard the profits they actually agreed to invest but it's the worse, it's always about the argument where they instantly want the money bank. That's one of the problem that I have seen, which is they don't have that much knowledge about the crypto industry works. After I've gain profits I gave them the money then I've never let them involved once again due to this kind of situation which is really stressing and pressuring.
legendary
Activity: 1708
Merit: 1280
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Recently everyone i asked related to the bitcoin has an idea because of the era of NFT people committed to the crypto. Even in just a family if someone committing on it and the other family member support this they can now make a deal to make an investment but again its now a family decision and your only decision if they will going to hold or to sell their asset we cannot deny people don't want to lose their money invest in but the market in crypto is volatile so can be an argue to them if they will going to hold or to sell the result will comes up after they commit the decision and there's a blaming possible happen.
hero member
Activity: 770
Merit: 482
What about the stock market then? We all know that Bitcoin is volatile and you never where it will end up when you will sell it. You are not at a loss until you sell your Bitcoin. If you don't sell, it's unrealized profit/loss. These unrealized profits/losses exist in many other sectors. The stock market is a perfect example that I can imagine right now.

I don't know what is the purpose of posting this here. If it's just news and OP wanted to discuss it, that's okay. But if you had any negative perspective, i would suggest to look for other options before blame Bitcoin.
hero member
Activity: 1470
Merit: 502
What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.
Broadly speaking, the main point emphasised in the article is that the wife may take issue or rather blame the husband's choice because of the investment made, which makes the quarrel widen. But in any case, things like this become vague because we cannot see the outline, especially not finding anything related to this news.
Financial reasons are always troublesome in debates even if it is a husband and wife so in this case when indeed someone wants to invest but is still said to be a beginner then I think communication with the closest person will be important so that we also avoid mistakes and decisions that have been made of course it is the final result of the communication of the closest person (spouse).
sr. member
Activity: 812
Merit: 252
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What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.

It’s not a mixed understanding but I believe the husband took off the steam of his anger on Bitcoin loss to his wife. Probably the wife is blaming him or something that will make him annoyed.

I sometimes experience this annoyance but in different matter but I never think to harm her. Not all people has a long temperance on handling anger especially when they are having a hard time with losses. This news is very intense but not worst since some people commit suicide due to investment losses.
Experiencing failure in investing is indeed a very painful thing and it will be more painful if the wife continues to blame the decisions we have taken in investing and this will be even more painful. Every person has different ways of being able to reduce their anger when failure occurs to them, so it would be better for us to be able to reduce our anger when we experience failure in any case because if we cannot overcome this of course we will make other mistakes and this will It is very detrimental to ourselves and even people around us also feel this.
sr. member
Activity: 1316
Merit: 356
Because we are not perfect, we can make things that makes our partner angry or sad. As a couple, they should have put it on their mind. As long as both of them is true to themselves and doing their best to make their partner happy, they will easily forgive their partner.

In terms of decisions, no matter what it is, if it's s about the money or any kind of stuff that need a decision, it should be talked to each other very well before making decisions.

Both of them have a role to the family and they must be responsible for that. Since the husband is the head of the family, even though he has the authority to decide, he must always consider the side of his wife. And in the wife, she must always trust and respect the decision of her husband. If the couple do that, what we saw in the Op will never happen to them.
hero member
Activity: 2716
Merit: 698
Dimon69
What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.

It’s not a mixed understanding but I believe the husband took off the steam of his anger on Bitcoin loss to his wife. Probably the wife is blaming him or something that will make him annoyed.

I sometimes experience this annoyance but in different matter but I never think to harm her. Not all people has a long temperance on handling anger especially when they are having a hard time with losses. This news is very intense but not worst since some people commit suicide due to investment losses.
hero member
Activity: 1470
Merit: 790
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The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.
It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

That's right, one of the Golden Rules of investing says: never invest your last money. When you send them to the deposit, you need to mentally say goodbye to them. It's as if you need to forget about them, and continue your business. But unfortunately our human nature is such that we always hope for a miracle. And if someone has invested money, then he will most likely constantly look into the deposit, waiting for a profit and hoping that his life will change as soon as possible with the arrival of profit.

Looks like the husband did in this family, they could not lose this money... it was critical for them.
legendary
Activity: 3122
Merit: 1140
~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.
It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

Aside from the given insight, an investor must do his own research, and educate himself about the investment venture and the company managing the investment if there is any.  We all know that when a company offers Bitcoin as an investment coupled with daily profit is a sure thing a scam because the system the company introduced is not sustainable.  Aside from that, if it is family money, it is considered conjugal if the person is married and should ask his partner's consent about the investment so that there will be no blaming when things go awry.
One of the most common reasons on why these kind of incident happens is on the time that there would really be that opposing decisions that had been made neither of the two considering that investment decisions
should really be done by both individual and would really be agreeing about the risks. If ever there are some bad decision makings or some party involved on why that investment turns out to be a loss then for sure
these kind of incidents could really happen specially if a certain person is really having that kind of temper issue or having no control despite of dealing with her wife which still ends up on shooting.

I could say also assume that there might be some cheating issues or something basing up on the statements given above by some members? If ever this one is attached
then i couldn't really blame out the guy in regarding on what happened because having those loses on investment + cheating would really be resulting into disaster.
jr. member
Activity: 408
Merit: 3
What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
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.
legendary
Activity: 3024
Merit: 2148
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.

Who really cares about a single incident, you can read stories about arguments turning into murder with literally any reason for the argument, like political preferences. You shouldn't be so anxious about Bitcoin that you view any negative news featuring Bitcoin as a directed attack on it or a sign that public opinion will turn against Bitcoin.
sr. member
Activity: 1022
Merit: 368
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 know that journalist are too lazy these days to conduct thorough investigation before writing an article. Therefore, they decide to Write nonsense. Whatever altercations there was between the man and is wife has to connection with Bitcoin. It may even be that the man is dealing with anger issues and has been that hostile towards his wife. Definitely can't be Bitcoin. I don't believe them.
legendary
Activity: 3010
Merit: 1280
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~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.
It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

Aside from the given insight, an investor must do his own research, and educate himself about the investment venture and the company managing the investment if there is any.  We all know that when a company offers Bitcoin as an investment coupled with daily profit is a sure thing a scam because the system the company introduced is not sustainable.  Aside from that, if it is family money, it is considered conjugal if the person is married and should ask his partner's consent about the investment so that there will be no blaming when things go awry.
legendary
Activity: 3248
Merit: 1160
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Everything that involves with money might certainly trigger a conflict right after. Most especially for bitcoin since it's highly valuable and expensive. But lets not put the blame on money or bitcoin simply because they are not controlling us but we are capable to control ourselves. In the end, if we use our emotions in bitcoin investment, expect that we won't succeed on it but will only develop depression right after we lose our money. When that happens, it's normal to see some conflict especially inside the family circle.
sr. member
Activity: 1974
Merit: 450
The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.
It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.
This is a pretty good point because of course in this case even though being in bitcoin is something that is very good for us to invest in but we also cannot give all of our assets to investment especially for the long term.
Remember, we still have lives and needs that must be met every day. Don't let when you are fixated with big profits you forget that especially if you have a family.

Seeing from the case that occurred, the incident began when there was an argument about money being invested and received a loss because the value of bitcoin was shrinking. In this case, even though we consider it a risk, the people closest to us may not necessarily be able to accept it so that initial communication is important, especially when it comes to joint money (husband and wife), so we must first commit from the start so that nothing like this happens.
hero member
Activity: 2716
Merit: 904
~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.
It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.
hero member
Activity: 1918
Merit: 564
Kritsada lost 700,000 baht or 19358.68 USD Google conversion = 0.73 BTC loss.
It is not clear whether he lost in futures trading or just suffered losses due to the bearish market while BTC was still held? Still not clear enough.

A husband's Kritsada is no longer under control, he seems stressed by the market situation, maybe that is my assumption so he can take it out on his wife, on the other hand they are also having problems with the family when he wants to persuade his wife to refuse and fight, this is what causes problems, So it's not Bitcoin at all, but Kritsada was too emotional because he lost 700,000 baht in Bitcoin.

It was clear that it was jealousy that triggers the incident.  The lost in Bitcoin investment is what triggers the wife to ask  for separation but the crime is triggered because the husband suspected the wife of cheating.  The husband does not think that it was solely the lost of money but rather his wife is seeing someone else and the reason that the wife ask for separation is to be with other guy.  That triggers the argument that leads to shooting as far as I understand the story stated by the linked article.
hero member
Activity: 2856
Merit: 674
This might only happen if one invests with bitcoin putting high emotions into it and when things happen not according to the plan, eventually the investor becomes more frustrated that he’s unable to control his emotions until he end up fighting with his partner and ruin their married life. This is really true for those people who only invest because of greed and not really understand the concept of bitcoin.
legendary
Activity: 2422
Merit: 1140
duelbits.com
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.
When we are discussing about the case, we should discuss it thoroughly. It is a must to know the reasons, whether it is related to Bitcoin or not. I believe that case won't be caused by the failure of Bitcoin investment only, there should be another reason. Sometimes the media only blow up something that people can be attracted, but they didn't tell the whole case.

Bitcoin is getting more and more popular, and it is labeled with many different stories.
Of course, since more people are holding Bitcoin, there should be more varied stories. I think it is normal, there is nothing wrong with this.

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.
Yep, people blame Bitcoin because they don't accept their mistakes. Bitcoin actually can't be blamed, it never forces people to invest in. Even Satoshi never stated that Bitcoin is created as a digital asset. He created Bitcoin for an electronic cash or a digital currency. But people invest in Bitcoin because the value is getting increasing.

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