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Author Topic: Suicide due to losses due to investment in virtual currency  (Read 2402 times)
bilal_jan321
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February 11, 2018, 05:19:17 PM
 #161

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.

thats sad. Life is full of ups and downs, one should never lose heart on a failure. RIP dear

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February 11, 2018, 05:23:41 PM
 #162

Korean and Japanese are very stressful, they suicide for no reason all the time, so no wonder that bitcoin is blamed.
super5star
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February 13, 2018, 06:36:35 AM
 #163

I knew it would only be a matter of time before stories like this started to surface it almost likened to the great depression. For him to get to that stage he must of been suffering badly with depression that he only saw that way out.
Depression isn’t the solution to anyone. Right here in bitcoins, if you get some loss, that is a time when this person need to be stable emotionally. Reason is, your emotions can lead you to a level where everything would be disadvantage to you. Your business will be leading towards the down earth, everything will be going to an end. Emotions are important so take them seriously and control them.
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February 13, 2018, 06:54:17 AM
Merited by sotoshihero (2)
 #164

this is a sad story but nothing, sadly, news in this world.
Crypto are just another form of investment and losing all your money can take you to the edge and take this stupid decision.
Many people are killing themselves after they lost their job and can't find a new one, can't afford meals for their family or lose their houses.
Crypto are affected by this, everything who has a real value can affect your life in a good or bad way.

Very sad news. Cryptocurrency is volatile .it has no fixed price so it may change every now and then . My advise is invest only what you can afford to lose. In that case it wont hurt you so much when you lost it. Don't apply for a loan just to invest in cryptocurrency. Don't sell your properties. If you want really to earn without investing any money, join bounty campaigns
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February 13, 2018, 06:54:32 AM
 #165

Never give up your life for such losses. I consider bitcoin as a business, there are ups & down in business. So never give up. Life is short and precious, please do think before taking any wrong action.
deevan
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February 13, 2018, 07:08:52 AM
 #166

Extremely sad news.  Sad Crypto currency value is unpredictable and can fluctuate very high or very low . Always follow no. 1 rule of cryptocurrency that only invest that amount of money that you can afford to lose. Once you invest prepare your mind that you might go in loss don't always expect profits. Don't do day trading , invest for long term.

Don't harm yourself in any way if you are in loss in crypto investment.
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February 13, 2018, 07:17:09 AM
 #167

this is a sad story but nothing, sadly, news in this world.
Crypto are just another form of investment and losing all your money can take you to the edge and take this stupid decision.
Many people are killing themselves after they lost their job and can't find a new one, can't afford meals for their family or lose their houses.
Crypto are affected by this, everything who has a real value can affect your life in a good or bad way.

Very sad news. Cryptocurrency is volatile .it has no fixed price so it may change every now and then . My advise is invest only what you can afford to lose. In that case it wont hurt you so much when you lost it. Don't apply for a loan just to invest in cryptocurrency. Don't sell your properties. If you want really to earn without investing any money, join bounty campaigns
Thats right, invest only on the amount that you can handle, or just a spare amount for investment like cryptocurrency. Its very volatile indeed, and any moment you can lose or gain with big difference. Also, emotions shouldn't be allowed with cryptocurrency, as trading, is like a gambling. Ready yourself always with an eventual result whether good or bad.
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February 13, 2018, 07:20:29 AM
 #168

Yes it is sad story, we should understand that price fall might occur and we should not panic, no way. RIP

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February 13, 2018, 07:32:01 AM
 #169

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.
only fool can do this thing,thats why not just those weak hands must be observe same as those weak personality that entering crypto bringing their miserable life here and when they fail the community will suffer
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February 13, 2018, 07:48:16 AM
 #170

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 so sad to know that news. Each of us want to live to the fullest since we still alive in the lovable and beautiful planet earth. We here to earn in crypto currency world in order to maintain and sustain our financial aspects in life. Well, as far as I know those korean people they can easily depressed and disappointed which they can easily to decide to commit suicide. Also, that certain huge amount of about $200,000 if I try to estimate his loss it almost 50% as the bitcoin decreased its value but I don't think that loss can change easily to commit suicide since being an investor should have a strong heart as stone that no matter what happend and you should always be ready whatever the value of bitcoin has.
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February 13, 2018, 07:57:26 AM
 #171

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.
Rest in Peace for him, but not only because of that , suicide count in Korea is already high. Their people competition is very tight and who lose always do suicide. i think it is from themself because loss in investment is a common thing

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February 13, 2018, 08:04:20 AM
 #172

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.
Rest in Peace for him, but not only because of that , suicide count in Korea is already high. Their people competition is very tight and who lose always do suicide. i think it is from themself because loss in investment is a common thing
I read through the news about a Korean student suicide for investing in bitcoin. That student made a really wrong decision. He is still very young and his future is bright, but only because of the loss of $ 200,000 he decided to commit suicide.
failure will be the foundation of success. We should know this so that we do not make the wrong decision like the student.

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February 13, 2018, 08:05:30 AM
 #173

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.

Those kind of people does not need to get inside of this investment thing if he can't handle the pressure of losses and does not have patience to wait for it to go back. He will regret that since the price of all coins are slowly returning.
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February 13, 2018, 08:08:49 AM
 #174

that's too bad I think young people should consider this a valuable experience to learn. When you do not know too much about the crypto market, you should not invest all your assets in the crypto market or ICO projects.
Look carefully before investing and you should only invest half of the capital you have. That is the safest way to invest. That's my advice in investing in cryptocurrency. Hope you will refer to it.
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February 13, 2018, 08:14:51 AM
 #175

Rest in peace. Firstly he is too young to invest or gamble such a huge amount and I hope he wouldn't have much knowledge before or while working in cryptocurrency gambling. Never expect more and never invest more than what you can afford is the lesson everyone should learn from it. Not only in crypto, this is applicable on any currency related market.
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February 13, 2018, 08:17:10 AM
 #176

Why would he even commit suicide just because of the money I think it is really wrong.
You already earned that much so for me you could earn it again you just have to take your time while recovering your lost.

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February 13, 2018, 08:17:37 AM
 #177

Ending your own life I the most stupid thing I've ever heard. Suicide is for the weak and when the reason is losing their job? Not a valid reason at all. You're not the only one who had a problem you think that is a worst. Many people have their problem much worse than you. Make a way and take it easy.
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February 13, 2018, 08:21:35 AM
 #178

Ending your own life I the most stupid thing I've ever heard. Suicide is for the weak and when the reason is losing their job? Not a valid reason at all. You're not the only one who had a problem you think that is a worst. Many people have their problem much worse than you. Make a way and take it easy.

Its not directly because of that that he killed himself.
Probably the loss caused him depression, and it was depression that killed him -- the hellish feeling of complete emotional numbness and sense of that the world doesn't matter anymore.
Once you get into that state of mind, whatever that trigger is (be it an unfortunate event, or even due to simply chemical/hormonal imbalances in the brain) suicide is actually a rational way out of that intense persistent suffering.

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February 13, 2018, 08:32:29 AM
 #179

That's such a sad news but this the drawback of bitcoin many investors are not aware of what investment they are making they are not aware of the different risks involved with such a investment, now that he's dead nothing can be done always wait until price recovers
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February 13, 2018, 08:36:17 AM
 #180

He gambled big time and lost. Some people think cryptocurrency is their ticket to becoming rich and famous at a very young age. Get-rich-quick or die trying.

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