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Author Topic: Suicide due to losses due to investment in virtual currency  (Read 2406 times)
batman12345
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February 05, 2018, 03:59:43 PM
 #41

before jump as crypto trader. do reaserch about crptocurrency. fool people will see that crypto price always go hight. but realty bitcoin price pump and dump. also we know that every year bitcoin always have drama.

why he suicide?? because he can not accept the fact that bitcoin is down. his mental very low.

if we are patient. that bitcoin will touch $ 50000 this year. Of course the investment will increase 2-fold.


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February 05, 2018, 04:01:18 PM
 #42

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.

She should not have killed herself, bitcoin is not over and can still rise again, she's too quick to conclude things.

Was female? in this case could be many other mental issues at that age in a females life to cause such actions. Females of late teens /early 20's notorious for this kind of thing. I have not examined the current scientific or psychological studies to explain this but it is a critial time frame for femals naturally. Males tend to top themselves later in life again that explanation for that is not something I have examined.

Regardless very sad but you can be sure the mass media will be diving on this news like the vulturous scum they are trying to whip up some reaction.

I mean so many girls have committed suicide because someone said they were fat or ugly on face book .... should we regulate who can use face book.

This is sad news but putting due to virtual currency as the sole cause is of course incorrect. It was probably just one of the multiple triggers for this action.


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February 05, 2018, 04:02:29 PM
 #43

This is so sad and may his soul rest in peace, but suicide is not an option and we are always advice to invest what we can afford to loose or let go because of this kind of situation. And also stay away from too much gambling because that is the only way you can loose all you investment.
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February 05, 2018, 04:03:03 PM
 #44

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.

Damn, may he rest in peace. Is this news actual? Did he lose that much because of the recent BTC dump? I mean it's just about 50% dump, didn't he know that Bitcoin has crashed over 90% before? People really need to get educated about investing and stuff since an early age. If people receive education before jumping to the harsh world of volatile investment none of this need to happen.
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February 05, 2018, 04:05:41 PM
 #45

Lloyds bank in the UK is blocking people from purchasing Bitcoin with their credit cards. This is as a result of problems some card holders are having as a result of these losses.

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February 05, 2018, 04:06:25 PM
 #46

Please be calm and patient. The crtocurrency market and bitcoin are bubble pools, a real crisis. However, it has not ended yet. I suspect that the force behind it intends to take over the price and release it. They play the game.
Believe and be optimistic about a return boom. Do not end yourself.
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February 05, 2018, 04:07:02 PM
 #47

If you ever feel this way, you just need to talk to someone. Life isn't all about money, once you get that Lambo, life isn't going to suddenly be great. The pursuit of success if often sweeter than success itself.

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February 05, 2018, 04:07:15 PM
 #48

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.
Ohh no,sad to hear that but people need to understand that crypto currency investments are riskier so they need to invest only the affordable money to lose for them or else it will results in fatal like this. Sad

I think part of the cause for his depression is that he is only 20.

Your pre-frontal cortex (the bit that regulates emotion and allows you to keep things in perspective) is not fully developed till you are 23. That's why there is so much depression in the 18-23 group, and why you see Romeo and Juliet type suicides - everything is much more intense and desperate before you become an actual adult.

I wonder if his parents knew, and could have intervened. Poor chap, RIP.

 
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bit-freedom
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February 05, 2018, 04:07:39 PM
 #49

Sorry to hear about this. As there is a saying, you will win back what you have lost, as long as you are alive. The student must be in bad depression. Rest In Peace.
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February 05, 2018, 04:09:00 PM
 #50

For money? Man, get your priorities straight.  Cry

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February 05, 2018, 04:46:45 PM
 #51

must be very tragic and heartbreaking if to commit suicide due to loss of investment in the eyes of virtual money, there should be family, relatives or close friends who always exist and become a good advisor, the failure of today hopefully can be a meaningful lesson and can feel the success of the future , and that must be considered in investing virtual currency is to be supported by knowledge about what is virtual currency, in order not to happen or minimize losses when investing, you must know when to buy, sell and others, because Before investing, it is absolutely necessary to know the ins and outs of virtual currency investments. may be useful
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February 05, 2018, 04:49:15 PM
 #52

Maybe that is not a real story.
desi92
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February 05, 2018, 05:07:54 PM
 #53

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.

Where is the link of the news? May i see it? Really want to know the whole story.
First i would like to say rest in peace to him/her.
I was told people in my post before, invest in this very high volatile investment ia just for strong people to avoid such of this thing happen . We need to be strong when we are facing loss like this market run. But Its happen and i hope no more.
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February 05, 2018, 05:15:12 PM
 #54

We might see more like this happening in the coming months and people should not gamble with more
then they can afford to loose and admit to themselves that this is indeed high stakes gambling and lady
luck won't always be sitting on everyone's shoulder.

 
Zackgeno96
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February 05, 2018, 05:22:37 PM
 #55

Lloyds bank in the UK is blocking people from purchasing Bitcoin with their credit cards. This is as a result of problems some card holders are having as a result of these losses.

Saw this news, most of the banks in US and UK are not allowing their customers to purchase cryptos with their credit card. Banks have fear that customers will not repay the amount if they suffer heavy loss in the crypto market.

http://www.moneycontrol.com/news/world/banks-in-britain-and-u-s-ban-bitcoin-buying-with-credit-cards-2500427.html

Maybe that is not a real story.

This story has been published on many news portals, i think its real.

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CryptoEbe
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February 05, 2018, 05:30:14 PM
 #56

Feel sorry for this guy. He was pretty smart to start investments at such a young age, but too bad he took a hasty decision that ended his bright future. There are a lot more people in even worse situations (http://metro.co.uk/2018/01/19/heartbroken-families-lose-life-savings-catastrophic-crash-bitconnect-cryptocurrency-7242067/.
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February 05, 2018, 05:36:01 PM
 #57

Its such a sad development for the young lad who had a long life ahead of him but instead he choose to cut his life short

and am sorry to say this but am also a bit disappointed in him as he would have made money from whatever he was studying for as the crypto investment was just some side money to make.
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February 05, 2018, 05:44:41 PM
 #58

No need to speculate on this person's circumstances or what brought him/her to this point.  Lose of life is always sad.
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February 05, 2018, 05:49:49 PM
 #59

I am really upset about that news but maybe he/her was the gambler. also totally fool he did not realize something better waiting in future.
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February 05, 2018, 05:55:30 PM
 #60

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.
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