amphibian (OP)
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November 23, 2018, 10:29:14 AM |
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We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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pptIox
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November 23, 2018, 10:44:15 AM |
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Friend, the best advice I can give you is that money is not all of life.
You have family, have friends, and there are many things in the world that can attract you to do，why are you so pessimistic?
I have failed in investment many times. When I had nothing, I felt desperate, but I was always able to adjust my mentality in the shortest possible time. I will tell myself that the world is so beautiful, there are still a lot of interesting things waiting for me to discover, I should embrace failure, stand up again and enjoy life.
Don't care too much about your money. If you don't have money, you can earn it again, but life only once.
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Anarchist
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November 23, 2018, 10:48:28 AM |
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What do you also think and what advise will you offer to such a person? Consult a doctor.... Suicide shouldn't be a taboo topic, these people need help and communication help a lot. It can happen to anyone but we don't have the same resistance. |
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humantraffic
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November 23, 2018, 10:51:29 AM |
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Just don't look at the value of bitcoin every day. If it kills you, forget about your bitcoin for a year or two. In the future, it is sure to grow in price. This is not the first and not the last drop in price. Bitcoin is gold.
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kamudd
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Bcnex - The Ultimate Blockchain Trading Platform
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November 23, 2018, 11:23:16 AM |
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I think suicide is a very excessive decision, but I have read a news that there really is someone who did it when he lost a lot in trading. Keep being wise in making decisions accordingly if you are going to invest or trade.
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AimHigh
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November 23, 2018, 11:51:10 AM |
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That is over acting because your life is not depending on money and losing someone says losing/failure is part of being successful so that if you invest or trade for long term you money when the value of bitcoin was high and now it fall.
So my friend my advice to you was don't give up that is not the end of your life you can be a successful just be patient because bitcoin value will rise again after this year of falling.
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BrewMaster
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There is trouble abrewing
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November 23, 2018, 02:49:49 PM |
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gamblers are always having emotional and psychological problems and they need professional help. it has nothing to do with bitcoin, not even with its price drop! these people had the same issues last year too. they gamble with their money and have no idea what they are doing so they lose money.
if you buy something without knowing why you are buying it then you are in their category and you need professional help. but if you bought bitcoin while having a good reason for it then you are not worried right now! specially since a wise person invests what they can afford to lose.
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There is a FOMO brewing...
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eminemcookie
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November 23, 2018, 03:50:52 PM |
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Any investment shouldn't lead someone to committing suicide. If someone is in the situation that you spoke of then there's a lot more at play than just the fact that they have lost out on an investment, because that's not worthy of ending your life over. Anyone feeling that way is not in right mind and needs to seek help through whatever method they see fit.
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GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018 |
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bedford1972
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November 23, 2018, 04:03:27 PM |
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We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
I hope this man isn't you. In any case, we must remain sane and understand that the loss of money is not the end of life. They come and go. In its place, I would start to study the market, so that in the future this did not happen. In any case, it is very stupid to worry about money, they are not worth it. I would advise you to look at it from the other side. In addition, not all funds are lost, but only a part that can be quickly restored. |
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btyco
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November 23, 2018, 04:53:59 PM |
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It has happened before, i think it is south korea where someone committed suicide after over investing in crypto and watching those prices plummet. Sad, but prices will recover, just have patience and hodl
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Indamuck
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November 23, 2018, 04:56:35 PM |
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There have already been a lot of crypto related suicides. I know someone in real life that already killed themselves over crypto losses. It's really sad and people have committed suicide over much smaller loses. These market manipulators have no morals and will gladly play with people's savings just so they can make a few extra bucks.
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Nolimitz84
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November 23, 2018, 05:58:17 PM |
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Life is a little walk before a big sleep.Do you really want to interrupt the already short life path because of some coins?In the world there are a lot of people who are sick with incurable diseases and yet they do not give up and enjoy life.If thoughts of suicide do not go out of your mind, then you definitely need to reconsider your life guidelines.Whatever your losses, they are not worth your life.
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Tagus45
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November 23, 2018, 06:14:24 PM |
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I would say that life is still long, and suicide is not the solution. Bitcoin isn't over yet and still has hope to grow again.
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Zin-Zang
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Killing Lightning Network with a 51% Ignore attack
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November 23, 2018, 06:45:49 PM |
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We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
As long as their is Life , their is Hope.  But also learn from past mistakes , don't repeat them. |
I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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PsylockReborn
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November 23, 2018, 06:51:17 PM |
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We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
It really depends on the person taking the risk. As long as you can afford to lose what you invested then there's really no drama will be involved. People who truly believes in bitcoin and do long term investment will surely profit. This sudden dip is caused by the BCH fork drama. Eventually the market will correct itself and the value of bitcoin will soon recover. Only the weak hands will lose in these kinds of situation of the crypto market. Whales are laughing at those emotional investors who panic sells everything they have. This is clearly a sign that there's a huge number of investors who are trying to dump their btc. |
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Kemarit
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November 23, 2018, 07:16:43 PM |
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We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
Yes, the person might experience a psychological trauma but I don't think it will get to a point that he/she is contemplating of committing suicide. In any case, that person needs to consult a doctor. Or better yet call a suicide prevention hotlines, I'm sure that every country has one so reach out before its too late. |
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Ultimist
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November 23, 2018, 09:46:23 PM |
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Yes, I think it may have a negative impact on the human psyche. But he has to know what he's doing. Had to take all the risks into account. Such a person just needs to study more information about bitcoin, so that he understands that this is not the end and he should wait a little to get his money back.
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Treasurer
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November 23, 2018, 09:47:53 PM |
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We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
For such a person, I would advise to reconsider priorities in order to understand what is important and what isn't. In the 21st century, it's impossible to react to financial losses. In our world, people get richer so quickly and become so impoverished so rapidly that every miracle can happen to everyone. It's necessary to change the outlook. |
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CryptoToxicAvenger
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November 23, 2018, 10:10:42 PM |
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This is not the worst situation that can happen. I read about a case where some people stole all his bitcoins from one man. He couldn't handle it and committed suicide. I think that not everyone would be able to cope with this situation. And if the price just falls, there's nothing wrong with that. She'll soon be able to grow up again. No need to worry about that.
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sinta23
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DogData
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November 23, 2018, 10:48:23 PM |
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Just don't look at the value of bitcoin every day. If it kills you, forget about your bitcoin for a year or two. In the future, it is sure to grow in price. This is not the first and not the last drop in price. Bitcoin is gold.
we monitor or see the price of the coin, but I don't think that often, because every time the price can change. so sometimes it makes us feel confused about all that. so we now have to make a new strategy so we don't doubt Bitcoin. |
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