Topic: Suicide due to losses due to investment in virtual currency - page 2. (Read 2454 times)
i also hear that story its so sad but crypto is high risk market people should invest how much they happy to loose rest in pease
Let's be clear, 8 simple requirements in you which you should consider before you get into crypto.
1. do not involve yourself in crypto space if you have a weak heart.
2. do not invest more than you can afford to lose
3. do not invest in crypto by acquiring a loan locally or online, only proceed with this if you have a second way to repay the loan.
4. do not be a greedy dude - learn to control it. It's a nasty thing inside us. We can't see it, but it destroys us.
5. do not be an impatience dude - patience is the main weapon in crypto space.
6. do not give up
7. do not give up
8. do not give up
Rest in peace brother, but I would like to say you were just 20.
You could have earned more than what you have lost because you had a whole life ahead which you have ruined with your own hand.
1. do not involve yourself in crypto space if you have a weak heart.
2. do not invest more than you can afford to lose
3. do not invest in crypto by acquiring a loan locally or online, only proceed with this if you have a second way to repay the loan.
4. do not be a greedy dude - learn to control it. It's a nasty thing inside us. We can't see it, but it destroys us.
5. do not be an impatience dude - patience is the main weapon in crypto space.
6. do not give up
7. do not give up
8. do not give up
Rest in peace brother, but I would like to say you were just 20.
You could have earned more than what you have lost because you had a whole life ahead which you have ruined with your own hand.
This is not the way forward, some people are planning to sell their houses for crypto, investing all their live savings in bitcoins. It is completely normal to have such a deadly outcome. Sorry for the guy, but he is not the first one and differently not the last one who done something that he was not prepared to. When you invest in such things and you have no knowledge about the risk management you have to consider the investment lost, if you really lose it it won't hurt that much because you was prepared for it, but if you get some profit out of it, this is good. Take out what you have invested so you will be on 0 and then risk as much as you want.
I don't think so that this make a sense because if you are not able to know the losses then how you will survive in the future and wining and losses and investment for future is a good way and suicide is the illegal activity and if you do this then you are such a loser if you lose one time the world is not finished and you will succeed in other investment.
That's so sad, knowing that depression kills. it's common in cryptocurrency investor to get depressed. That's is why before i enter this industry i already expect all the worst scenario that could possibly happen.
Sad to hear that lives are taken because of not being able to handle losses from crypto currencies. We must remember that if we invest in crypto currencies, we should prépare for the risks that goes with it. Mentally, emotionally and physically we have prepared ourselves before we invest because not only in bitcoin or alts that losses may happen but even in other forms of investments so that a lot of self preparation should be done first.
i always advice people to make investments or contributions to crypto currency or virtual currency to the amount they can do without just in case anything goes wrong. those people committing suicide obviously didn't get to know what the blockchain technology is all about and how it works. the prices are not fixed or static, they change with global occurrences and events and also trading actions, those are factors that should be considered before considering an investments in crypto related opportunities.
I bet he was so excited last year on investing on crypto and he put all his money without any hesitation. That is really the big problem with people entering this market. They should only put a small percentage. It's better if you only receive a smaller profit because of of small investments rather than going big and then getting very depressed when it crashed.
Never a nice piece of news whenever we hear someone decides to end his/her life. Investing in bitcoin are no difference in investing in stock market or commodities dso the element of risk will always be there. Similar to many posting here, its not advisable to invest everything you had in one item cos it could break you.
A Korean student has committed suicide after falling into a depression because of a big loss of money invested in bitcoin and cryptocurrency. A 20-year-old Korean student has been found to have committed suicide after falling into depression due to huge losses in bitcoin and cryptocurrency. The body of the victim was found at his home. The victim has earned 200 million won (about 200,000$) from investments in cryptocurrency.
it's so sad. Rest in peace.
This is why all the crypto experts says that Do not invest in the digital coins unless you have the money to hold or lose. Bitcoins can give us high profits but at the same time the chances of loss are also high and therefore one should know the good and bad effects of its investment.
I also feel sorry for him.You never know how much he would be in need of money that he committed suicide.
Suicide is one's own choice. Never ever you should judge someone on this. This is his life and not yours. World is full of sh*t today so I fully understand him. Hopefully he will find better life on the other side.
That's just too sad of a news, some people take it more painfully and deeply than others.
It's a real tragedy, I can't help but wonder if someone intervened and talked to that guy,
things might been different and a life would be saved. We all know how cryptocurrency and our
investments means to us, it's a money making market after all. I think aside from prioritizing
money and profits, life is a more precious thing that exceeds monetary value and standing.
We might lose money today but tomorrow or next week or even a month is another opportunity
and chance to get it back or start anew. As long as we live, opportunities will always be there.
Stay positive everyone.
A Korean student has committed suicide after falling into a depression because of a big loss of money invested in bitcoin and cryptocurrency. A 20-year-old Korean student has been found to have committed suicide after falling into depression due to huge losses in bitcoin and cryptocurrency. The body of the victim was found at his home. The victim has earned 200 million won (about 200,000$) from investments in cryptocurrency.
it's so sad. Rest in peace.
cryptocurrency is very influential on real life
think about losing that much money that is not depressed. The decision taken by the youth is also wrong because he can wait a while until the price recovers.
think about losing that much money that is not depressed. The decision taken by the youth is also wrong because he can wait a while until the price recovers.
This fanaticism frightens. Therefore, it is not for nothing that wise people say that "it refers to matters especially material ones with a cold mind".
Suicides happen every single day and people who commit suicide always have weird reasons for doing it
So sad to hear about that. Someone should have helped him. Money can be earned as it is a common thing. Life is precious and cannot be bought by money. RIP
Investment is a risk. You must measure your ability to absorb losses before investing.
Sad that a life was lost.
This started a long time ago. Since the latest crash 3 more guys have killed themselves after the first one. It's not just 'a life'. This is serious. 
Well to some people money is really life. There had been many suicide events in investment schemes, but mostly it would have to very huge amounts of money involved. That kid committing suicide could have invested so much (maybe even loaning huge amount of money) that's why he was really depressed when the market dropped. Most common lesson here is not to invest what you cant afford to lose.
Greediness is the source of loss. Some newbies who bought BTC due to FOMO suffers a lot later. Other sad news is some people are selling their houses, or put their houses and land into loans just to buy crypto at $19k. Some are buying Bitcoin at $19k using their maximum credit limits in their creditcards.
Exactly! That is why people needs to do some research before deciding to put their money into cryto.
This applied as well to other kind of investment, invest your time before invest your money.
But buying coins with loan will never in my fave. I wont spend loan to invest.
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