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Topic: Suicide due to losses due to investment in virtual currency - page 8. (Read 2410 times)

newbie
Activity: 154
Merit: 0
Sad
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 very sad news. Everyone must know how to manage their finances and their emotions as well. Always invest amount of money that you can afford to lose. Life is tough nowadays, therefore always take extra precautions in investing your money.
newbie
Activity: 123
Merit: 0
The market is not prohibited, the price has the space to rise!

A 20-year-old college student? What education teaches such a college student!

Only 20 years old, after the road still can earn a lot of money, so easily end own life.

What a pity!
member
Activity: 719
Merit: 10
ORBIS PLATFORM
why suicide at an easy age while the future is long, just because of the big losses in bitcoin.
is there no other way ...?
newbie
Activity: 28
Merit: 0
I  think a allot  people will consider suicide when they lost allot threw  investments  because most off our people  "more you get the more you want."
Allot off families is also  broken up because of financial implications .
Theirs allot stress involved with investments in virtual currency.
hero member
Activity: 994
Merit: 544
i felt like this for missing the boat 
for me ending ones life is a mortal sin,only god is allowed to end our life.if you invest in crypto know the risk,the advantages and disadvantages of the business you invested,you.must be knowledgeable.and bear in mind always that business is like a game you have to win or loose. you have the courage to taje that risk.
Before starting the life in bitcoins, you are supposed to go for a proper research. Many people became mad and many have damaged their minds and emotions somehow, literally. This sign is not satisfactory. People should know what are the profits and losses in some business and so is the case with bitcoins. This is no solution to kill yourself if somehow you lost some investment.

Those who committed suicide were the ones who invested in bitcoin in full.  They were blinded by how much high bitcoin was.  Then the saddest part happen when bitcoin price went down really hard.  Devastated and hopeless that is what they feel so definitely what they can think of is to end their lives.  Sad that it has to be that way.  Let just know everything first before investing on different types of investment.
hero member
Activity: 966
Merit: 517
i felt like this for missing the boat 
for me ending ones life is a mortal sin,only god is allowed to end our life.if you invest in crypto know the risk,the advantages and disadvantages of the business you invested,you.must be knowledgeable.and bear in mind always that business is like a game you have to win or loose. you have the courage to taje that risk.
Before starting the life in bitcoins, you are supposed to go for a proper research. Many people became mad and many have damaged their minds and emotions somehow, literally. This sign is not satisfactory. People should know what are the profits and losses in some business and so is the case with bitcoins. This is no solution to kill yourself if somehow you lost some investment.
hero member
Activity: 1190
Merit: 541
Sad? Why would it be sad that a moron ended his life because he gambled and lost?
Life is precious. I think that you are disrespectful to the deceased. Depression is a serious mental illness. Do not say that you are an idiot if you do not understand the deceased.
I don’t really think so that doing such kind of act is really a good thing to do as such kind of thing can help you in having nothing good and it is useless to waste your life. It is better not to lose hop and that you need to stay firm and determined as this will help you in having a better chance in the days to come and that you will be able to get a chance of getting back what all you have lost in your life.
newbie
Activity: 64
Merit: 0
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.

There is so much can be done by this person (if he's still alive) i.e. helping those in need be it a monetary or charitable cause. But what is going thru his mind, I have no freaking idea. However, suicide due to failed investment doesn't only happen in bitcoin, it has always been happening in other investment too.
newbie
Activity: 177
Merit: 0
i felt like this for missing the boat 
for me ending ones life is a mortal sin,only god is allowed to end our life.if you invest in crypto know the risk,the advantages and disadvantages of the business you invested,you.must be knowledgeable.and bear in mind always that business is like a game you have to win or loose. you have the courage to taje that risk.
newbie
Activity: 68
Merit: 0
Sad
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$) from investments in cryptocurrency.
it's so sad. Rest in peace.
Investment needs to be cautious, do not put all the eggs in a basket, which is the basic investment. And although I know the news, I feel very sad.
But I do not think he is fit to live in the cryptocurrency world, because that happens every year, and you will not survive here if you do not have enough affordability.
full member
Activity: 1274
Merit: 100
Feeling very sad to hear this bad news, i always advice never put all eggs in one basket like this unfortunate boy always invest your spare money not take loan or sell your house items or house for investing in Bitcoin.
member
Activity: 145
Merit: 12
This is the problem with current generation. They should not focus on money only. Also, I am sure that he invested most of his savings there that resulted in this.
It is impossible not to pay attention to money, but I think for the novice, he can try to do some bounty activities, do not impulse invest a lot of money.
member
Activity: 199
Merit: 10
Sad
A Korean student has committed suicide after falling into a depression because of a big loss of money invested in bitcoin and cryptocurrency. A 20-year-old Korean student has been found to have committed suicide after falling into depression due to huge losses in bitcoin and cryptocurrency. The body of the victim was found at his home. The victim has earned 200 million won (about 200,000$) from investments in cryptocurrency.
it's so sad. Rest in peace.

How sad. May he rest in peace. He is too young but we cannot blame him, he lost 200 million won. But still he shouldnt have end his life. Our life is priceless. It is a sin to God. We just borrowed our life from him. But why did he lost his money? You did not mention why he lost it. Do you have an additional details about it?
member
Activity: 336
Merit: 10
Sad
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.

Can I clarify the extent of loss he does?  You just indicate how much he gain but not the other way around.  But still a loss is something that can be depressing and can be a ground for dissapointment and discontentment.  We can't blame them that it leads to their own untimely demise.

Suicide is a very dumb idea and this student is not really thinking about his future because he killed himself instantly. This things will only happen if you are recklessly invest on a coin and you cannot accept if your coins is melting.
full member
Activity: 336
Merit: 107
Sad
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.

Investing on bitcoin was too risky, he/she must inow that before, he/she invest. If we only focus our life on money we dont achieve the real happiness. In fact it can affect us and drop down to depression. Dont focus on wealth and dont based our happines on material things.  It is really sad that he/she became so desperate and ended his life just because he think that bitcoin is much more than life.  That was not good for anyone of us to think that way. We must have to be wise so that we will not do the same as what he/she did.
full member
Activity: 346
Merit: 100
Sad
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.

It is sad how bitcoin tend to manipulate lives rather than people to manipulate bitcoin making every individuals dependent about it. I guess it is always a choise of wanting to lose a life but not to let your heart filled with worries could also be a choice. There is also a hope. Do not risk too much of you can't take so much pain or disappointment.
hero member
Activity: 1009
Merit: 501
My condolence to the family and loved one's. may God give them the heart to bear the lost of the deceased.

I hope someone in the house could learn from such fatal mistake.

NOTE : pls, always remember this, that the power of life & death sometimes lies in the button you press on yr keyboard.

So,be more concious of what you about to do or what you are doing. it's adviceable to Pause and alway's ask question(s) from people who have more experience if, you are unsure. I believe this is the #1 objective of forum like this.

I don't think stories like this gives pleasure to member's of this community.

Thanks
sr. member
Activity: 630
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
Sad
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.

Can I clarify the extent of loss he does?  You just indicate how much he gain but not the other way around.  But still a loss is something that can be depressing and can be a ground for dissapointment and discontentment.  We can't blame them that it leads to their own untimely demise.
full member
Activity: 352
Merit: 125
Sad
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 new is incomplete and doesn’t give relevance to the topic. I thought you said that the student gained $200,000 then what happened next? That student doesn’t understand well how bitcoin works and doesn’t understand the risks of investments. Yes it is sad but suicide is not the solution and this child should be educated well. Lack of support system may be one of the reasons why he commit suicide and we bitcoin users must always support each other.
hero member
Activity: 798
Merit: 500
A few days ago I also saw the news, this is a sad news.
The risks of cryptocurrency market are huge, and I don't recommend that anyone take out a loan or put all of their money into an cryptocurrency market, which is too risky.
This is the reason why preparation station is you're necessary to have before having or going to investment in bitcoin. Even if it's given that we could have the knowledge on the outside preference of Bitcoin in there msrwkt we must still depends our decision and investment to our goals for us to have a driving fuel and chiveing and dealing with Bitcoin investment and trading.
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