Suicide due to losses due to investment in virtual currency

[ramroom]

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.

Isn't this the same thing that led us all into recession in 2008/09? It was because people and governments and banks were living beyond their means? I've heard of horror stories and know someone in real life that I was close to slapping across the face, who max out their VISA to buy BTC, or re-mortgage their homes to buy BTC, hoping that the increase in price will offset the interest rates. Complete and utter madness. Live within your means people!

[Kate_Ngubanga]

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". Bitcoin is like a roulette you never know what you stumble upon and you have to be always ready for anything.

[Maansingh10006]

there was some rules and principle in crypto trading like:-
..don't invest borrow money.
...invest only that money which you afford to lose.

from my side that a big mistake done by that boy because  we all know the whole market was in fud(huge dump) and it will recover as soon as possible..
his money was recoverable if he invest them in good and popular coins,but now everythingh ends up!!

[Sowik]

Damn, people like him who cannot handle losses should stay the heck away from any form of investing.

[MoneyMotivatesMe]

This will be our hardest hit if the media releases this story and focus on it.

[josebcn]

Are you sure he committed suicide because of cryptos only?Did you ask him?

So much FUD threads on these days.

[Getcoinsite]

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.

though life is very important than any other thing,but i dont believe he has to end his just because of wrong action in crypto trading.and weres the link about this?or this is just an story?but if this is real i might say Hes Fool cutting hes life just becauseof his own mistakes risking that huge money ..if im on his part i will quit thinking 20 years old nd having $200,000 i will quit and make my life outside crypto

[Bustart]

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.

though life is very important than any other thing,but i dont believe he has to end his just because of wrong action in crypto trading.and weres the link about this?or this is just an story?but if this is real i might say Hes Fool cutting hes life just becauseof his own mistakes risking that huge money ..if im on his part i will quit thinking 20 years old nd having $200,000 i will quit and make my life outside crypto

Living in an uncertain and unpredictable world, we may encounter different circumstances and unexpected challenges and it depends on how we respond to these. This is certainly sad to hear this kind of news. Depression is a really hard matter to deal with and cope up. It affects millions of people from all walks of life. For people who have been suffering from depression, stay in touch, stay active, face your fears and seek help. Life is a God's given gift to us. We have to take good care of it, we only live once. Suicide is not the answer to any hardships, always remember that someone is there to help you. Keep the faith and don't forget to pray. When you notice someone suffering from depression your support and encouragement can play an important role in their recovery.

[pimacoin]

So sad, that is why due diligence should be done before investing in cryptocurrencies. In as much as it rests upon a unique and trending technology which is blockchain. you should deal with it wisely.

[Bellator]

then before we start anything it's good to ask for help people who are experts in their fields, or work together.

Thats right it is better to ask for help and find someone to talk with than to keep the stressed that might cause to panic that will lead to worst thing like suicide.Hope that he try to look  for someone who is knowledgeable enough so that theres someone who could assist him if found out that theres something wrong happening with his investments.Instead of cutting his losses,he cut his life off that sounds so unreasonable.He can't handle things out and fears on the losses that he has been experiencing maybe thats the real reason.In investing we must know first the risk being involved with it and have more courage to face every circumstances that might to happen.

[FUD Expert]

He still have some money left even if he sold it. And he should think that it's not just him that is experiencing frustrations on the market and he should know what he's dealing at the first place. But I still feel sorry.

[MoeKaloolon]

If you haven't sold your coins then you haven't made any losses and all you have to do is hold and wait for the prices to go back up and you will make all your money back.

[bitbunnny]

Nothing is worth taking your own life, especialy not the mistakes in investing in cryptocurrencies.
Of course that everyone should estimate the possibilities and how much can be invested without some serious consequences but even if big losses happen it's not worth of a suicide. There is always a way out, don't forget that, there is always someone who can help.

[campbell.box]

What a sad news! Life is too precious, too sorry for his family!

Young can make mistakes, failure can be in, money has no can continue to earn.

Life is over, everything is over!

[MMysterious]

I can feel there are lots of people getting depressed at the moment due to this unstable crypto market. I myself is a bit depressed too as I am losing huge amounts in paper. This is why we need to fully understand the investment we'd been thru so we can assess better. I also know that crypto market will be back so I am just patiently waiting.

[katarin2030]

What a sad news! Life is too precious, too sorry for his family!

Young can make mistakes, failure can be in, money has no can continue to earn.

Life is over, everything is over!

Losses in the virtual currency world or in any types of investment are quite common because of that no need to take such decision like suicide. Life gives us another opportunity to overcome the loss use that opportunity, should be brave and bold enough to face the hardest moments of life no meaning in suicide.

[kuckong]

this is a sad news. God gives us the opportunity to live in the world once why wasted simply because money.money we can search again but life ?. For anyone who invests but loses do not think short and end life there is still a chance to try again.set of investments always have a risk then we should not invest all our property.

[Janation]

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.

Any links about this? Its not that I do not believe but if the reason of it is because of the decline of the price of digital currencies, I don't think that is a good reason for that at all since it is really natural for volatile digital currencies to decline. Poor 20 year old student. He's parent might be really devastated about this, he still has a long way to go not only on digital currencies or investments but also in his career in the future.

[Umar001]

Suicide is not the option for losing your investment in the virtual currency, nothing in life worth your life, besides you don't own your life, God own it, so is a sin against God to take the life he gave to you.

[bogacola]

I'm wondering why he killed himself. He clearly had a lot of money despite being a dropout.
And if he understood crypto, he'd be aware that this shit goes up and down. In a year his 200k would probably be 500k.