Suicide due to losses due to investment in virtual currency - page 9.

developer101dev

full member

Activity: 364

Merit: 100

Quote from: nhieutam2008 on February 05, 2018, 08:14:20 AM

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.

Suicide is not the answer if you are going to lose profit. The reason why this person cannot take the risk is that, he is not well knowledgeable about how the market works and because of that, this person lose its profit and investment immediately.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: btckid001 on March 05, 2018, 12:02:56 PM

Sorry to hear that, from my point of view, life is precious and nothing can replace the loss of life, even though losing most of your money in the trading market. Before investing, one lesson we should know that don not take much risks more than you can afford. No one should devote all his life or money on it.

Well some of these stories are cooked because the OP never gave us any credible source and its hard for me to come to terms with the fact that he took his own life for a quarter of a million dollar and not more. Maybe someone murdered him and the police should investigate further if this is even true because this guy could have easily made this 200k$ back if he reinvested with a loan or something because bitcoin is yet to sky-rocket this year.

btckid001

jr. member

Activity: 92

Merit: 1

Sorry to hear that, from my point of view, life is precious and nothing can replace the loss of life, even though losing most of your money in the trading market. Before investing, one lesson we should know that don not take much risks more than you can afford. No one should devote all his life or money on it.

bukikbarisan

newbie

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accepting everything before you move is the most important thing in trading like thinking is likely to happen to you, and we live to have fun in life if you are angry in the world then that is a big problem because you can imagine what you can get in the future so more well minded positive.

busua

member

Activity: 129

Merit: 12

Quote from: tuskacz on February 05, 2018, 08:31:58 AM

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.

I respect his choice, but I do not agree with his approach. A lot of people commit suicide just for the wrong idea. I believe that if a man commits suicide, he can see how painful and sad people are around him. I believe most people are regretful. I hope that the contemporary college students can be more compressive.

ommochain

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Quote from: habibruis on February 05, 2018, 12:55:30 PM

This is a really heartbroken news. We should learn from this incident. We can easily avoid this type of accident by creating awareness with the reality of investment. Investment is the highly risky business, so we should not invest our everything in any market. we should invest only our extra money.

Now many young people are poor compression capabilities, and less likely to vent their emotions and ease their own pressure. Always try to get more in speculation, but ignore the responsibility behind the risk.

hydeevanz

member

Activity: 182

Merit: 10

Quote from: nhieutam2008 on February 05, 2018, 08:14:20 AM

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.

Well, it is really hard to know what is the reason behind the Korean student who committed suicide. Losing a huge amount of money after investing in bitcoin has a point, but he's 20 years who have a right mind and can see that the future of crypto currency is not yet dying. It's been only 2 months and we have a lot of time to monitor and observe the movement of the crypto coins in the future. I cannot imagine any reasons behind it, but for those people who suffered from depression, it is better to tell your story to someone who you think you trust.

xbiv2

full member

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Merit: 111

Keep awey from "altcoins"

supermam

member

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Merit: 10

One of the reason why people committed suicide is depression in life but in business like this one must be open minded and be prepared on what will happen because this is like a game sometimes you sometimes you loss and keep in mind that you only live once so you must treasure it

dicom

member

Activity: 123

Merit: 12

Some of my friends around me use tuition to invest bitcoin, who used to lose their tuition fees, but they are under pressure to earn their tuition fees with the help of their friends and their own efforts, Entered the cryptocurrency market. I think as long as alive, through hard work can always put some difficult to solve.

Pamadar

legendary

Activity: 2982

Merit: 1028

It's been a problem when people already thinks that success is really happening then downfall showed up, its sad to hear such news like this but we
should all be responsible studying first the investment that we will going to, money is not enough to kill yourself, if this little guy only wait and keep
trying to recover then chances to continue life is much bigger, hope investors and crypto fanatic should think a lot before doing any actions especially
thinking about suicide because of mistakes.

nsndasod

newbie

Activity: 61

Merit: 0

I think the deceased should wait patiently for a while. The price of bitcoin will come back. This is just a matter of time. I think it is a pity.

Sadlife

sr. member

Activity: 1400

Merit: 269

He should have known that bitcoin is a volatile currency and may crash or surge anytime. Lesson learned dont invest money on something you dont fully understand do make time to do some research about it and only invest money you can afford to lose. He could have waited for bitcoin to recover but because of lack of knowledge he ended killing himself.

Deathgamer

member

Activity: 322

Merit: 10

Commiting suicide is a sin and the those person who did it are weak.In this world we really have a lot of problems but if you will commit suicide because of that specially in lossing your investment in virtual currency it is really a bad choice.Every problem has a solution and suicide is not the answer.

aghdgv

jr. member

Activity: 54

Merit: 1

Quote from: ccernat on February 05, 2018, 08:18:44 AM

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.

rajkr

newbie

Activity: 224

Merit: 0

It s not first time .May people committed suicide due to their depression behaviour.So I suggest only risk taking amount should be invested in crypto.because it have high risk so if u loose ,you don't have much panic and couldn't arrive at foolish suicidal decision.

kyori

sr. member

Activity: 335

Merit: 250

DECENTRALIZED CLOUD SERVICES

Condolence to the family. We can see now that cryptocurrency is not for weak people. Be careful of your next move and accept the consequences.

btcCoincart

newbie

Activity: 308

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OMG! Crypto world change the real world so much now Sad

buhchain

member

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Bitcoin is a way of investing, its price is not stable, the risk is certainly there, and so are other cryptocurrencies. Once in the cryptocurrency market, there is pressure to take risks. If you do not have a deep understanding of cryptocurrencies, do not make large investments. Students have limited financial capacity and should be cautious about investing.

RudeeTam

member

Activity: 299

Merit: 11

That is the danger with investments that are easy to get into like cryptocurrency. Sometimes, a person is not yet prepared for the kind of trauma from losing too much or their hard earned money. Nobody prepared them for it. Just got too excited to earn without thinking about the possible negative outcome. Unlike other investments wherein you need to go through the proper channels like brokers in stock exchange who can teach you the risks.

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