Let's always remember how important our lives are.

[Hyphen(-)]

The current state of the crypto market may result in more unexpected suicides among crypto coin holders and investors.
I'd like to use this medium to provide some motivation to my fellow cryptocurrency beginners. This is an unforeseen scenario that will be difficult to overcome, but let us remember how precious our lives are. If we lose our money but remain alive, let us have more hope because if there is life, there is hope; suicide is not an option; patience and commitment are the best options right now.
I'm not sure how many people have committed themselves as a result of the current crypto market situation in different parts of the world, but suicide is never a good.
Our lives matter to our society, families, and friends, so let's stay strong and bear with this predicament; I'm sure it will pass sooner or later.

[KingsDen]

There is a rule and anyone who obeys this rule has no business commiting suicide. This golden rule is "Invest what you can afford to lose". This rule is not for the world of crypto only, it's applicable in all spheres of life.
This life is full of risk, the life itself is a risk. Being able to move from house to work, you have taken the risk of dying by road accident. Sleeping in your bed, you are taking a risk because the building could collapse. So, the risk we take should be calculated, the one with less severity.

Let us therefore remove greed in this space and always understand what Isaac Newton said "What ever goes up, will surely come down"
My regards to all affected by the red market, it will green soonest. The red is always a buy opportunity, and this might be the greatest we can witness.

[Issa56]

Many newbies come to crypto to make quick money, and most of them always break the rule that says "don't invest what you can't afford to lose," which is what leads to suicides, but remember, as the OP  has stated our lives are very valuable, so let's be patient and hopeful. You shouldn't commit suicide because you lose money, if you are alive then you can still make more than the amount you lose, I don't think thier is anything worth killing yourself for.

[Asiska02]

Committing suicide is never an option whatsoever. Life matters the most, and as far as you’re still breathing they’ll be better days ahead. This is not the first time the market is falling and it still bounce back bigger most times. Many people need orientation on to what to expect when investing in cryptocurrency and should be ready to face the consequences rather than just persuading them to join while they’re expecting big profits at the end of the day which is maybe likely not to be so.
It’s so sad people lost their lives because of this, I believe things will turn normal soon but one should “Only invest what they can lose”.

[Lucius]

I would take this information with a dose of caution, because who could really confirm that someone committed suicide for such a specific reason? Unfortunately, people commit suicide every day for a variety of reasons, and money is not always the main reason they do it. People need to be taught to stay away from projects like this, and those behind them need to be punished for doing something that was obviously unsustainable and may have cost some people their lives in the end.

Let's not forget that there are people who want the best for themselves and the small circle of people around them and that they have a lot of money coming from projects like this - this Kwan or whatever his name is should be held accountable for his stupidity, and I hope South Korean authorities do something about it.

[SatoPrincess]

There is a rule and anyone who obeys this rule has no business commiting suicide. This golden rule is "Invest what you can afford to lose".

Although this is a common rule and we all know this but in reality no one wants to lose money. One can never be too prepared to lose money. Whether you can afford to lose the investment or not, the loss will still hurt you nonetheless. The degree of hurt may vary, some may feel so bad to the point of committing suicide. I wouldn’t be so eager to remind them of the “golden rule”

[noorman0]

I also want to remind those of you who are starting to panic that this crash phase is nothing compared to the crash in 2018 ($20k to $4k). We're only around a 50% drop from ATH $60k.
Of course, the recent decline will not have much of a psychological effect on the old holders. One of the best ways to deal with it is to ignore the market. The bear market is a good time to take a break.

[bitmover]

world, but suicide is never a good.
Our lives matter to our society, families, and friends, so let's stay strong and bear with this predicament; I'm sure it will pass sooner or later.

Let's always remember that money is amazing, but it is not everything. 

Money can buy you freedom and pleasure,  but not happiness.
Let's not become slaves of money and pleasure. We don't need to make as much money as possible, neither put  our happiness, family and even our life at stake to get more money

Most of us are losing a lot of money right now. This is a good time to think about what is truly important in our lives now and how much risk do we really need to be exposed to.

[Widdop37]

Crypto rule is just simple, I dont know how people can just decide to take their own life because of money, they lost their minds and that leads to not thinking deeply, will loss of life refund what they've lost on the other side? Invest only what you can afford to lose, we keep saying that on this forum to newbies almost Every time. New topics comes from people on here from time to time warning people to invest only what they can afford to lose.

[Fivestar4everMVP]

It is really unfortunate, I really pour out my heart to those who lost money in the Luna and UST saga, it's really really unfortunate, am truly short of words.
Someone lost over $1.2m in Luna, he couldn't bear it, it was all he has, that money was he's life (according to him), he lost everything, he couldn't bear it, he went eventually committed suicide but luckily for him, eyes were around him and he was found on time and rushed to the hospital, after much battle, God through the doctors restored him back, though currently, he can't speak, but he's breathing fine now.
Just joining my voice to that of every other person out here, suicide is never an option, it should never be an option, your life is more precious than whatever amount of money you think you lost, stay alive, it might be too hard to bear, yes, but keep pushing, never succumb to that spirit of suicide speaking to your head, stay alive and hopeful, whatever lost can be recovered.. Just keep pushing, you are strong, you are more powerful than you think.

By the way, here's the link to the tweet : https://twitter.com/BlockchainBuk/status/1524406350209552387?t=VdN3c32-SKVL1AFy_Ylb4g&s=19

[Synchronice]

I would take this information with a dose of caution, because who could really confirm that someone committed suicide for such a specific reason?

That information is false, there haven't been confirmed cases of suicide due to the luna crash but that doesn't calm my mind because this fall was such a sudden shock and traumatic experience, I am afraid that more than hundreds of people will commit suicide.
Sometimes I was visiting reddit to hear opinions about altcoins, new projects, etc and I understood that most people make extreme investment decisions, they take loans backed by property, truck, car, gold, etc. Some people have huge savings and invest all of them. That's why I assume that the real picture will be hell in the following days and months. Some people still have hope that it will return back.

My message to all of you is:
What does not kill you, makes you stronger! Every accident in your life is an experience, the more you learn, the wiser you are! Wise people always succeed in life, they change the world!
REMEMBER!!! Billionaire Alibaba founder Jack Ma was rejected from every job he applied to after college, even KFC. YOU AREN'T REJECTED, YOU JUST LOSE SOME MONEY AND WHILE YOU ARE A HEALTHY YOUNG, YOU HAVE A LOT OF OPPORTUNITIES TO SUCCEED!!!

[Marvelman]

Life is what matters most. Because, we are only here for a short time. So we have to make the most of every moment.
We are blessed to have so many wonderful people who care about us and support us. We are lucky that we have friends who believe in us. We are lucky that we have people who who love us, and even if it is just for a little while, please always remember how amazing you are. Everything else in the world that you want will come and go.

[Vaculin]

The current state of the crypto market may result in more unexpected suicides among crypto coin holders and investors.
I'd like to use this medium to provide some motivation to my fellow cryptocurrency beginners. This is an unforeseen scenario that will be difficult to overcome, but let us remember how precious our lives are. If we lose our money but remain alive, let us have more hope because if there is life, there is hope; suicide is not an option; patience and commitment are the best options right now.
I'm not sure how many people have committed themselves as a result of the current crypto market situation in different parts of the world, but suicide is never a good.
Our lives matter to our society, families, and friends, so let's stay strong and bear with this predicament; I'm sure it will pass sooner or later.

Money is not everything. And even if you lose, you don't have to ruin your life just because of that mistake. The world has a lot more to offer so always embrace the possibilities that someday, you will come to realize all what you have dreamed for. And one more thing, crypto investment is not easy and definitely hard to make profits, so never enter into crypto if you can't handle its future risks.

[Finestream]

I also want to remind those of you who are starting to panic that this crash phase is nothing compared to the crash in 2018 ($20k to $4k). We're only around a 50% drop from ATH $60k.
Of course, the recent decline will not have much of a psychological effect on the old holders. One of the best ways to deal with it is to ignore the market. The bear market is a good time to take a break.

You can't expect for the market to be always on top, prices will definitely fall when the market turns into another cycle. So whether the current market brings too much depression to those who can't manage to see the price dumps, but there are also people that have been taking advantage in a market situation like this. At the end of the day, its the mindset of the investor that matters, and greed should never be the one to control all his emotions.

[Coyster]

If this news is true, then what can i say, definitely too sad to even take a second look at, a lot of this has to do with how people take crypto, and that is as a get rich quick thing, they basically have the idea of joining the network to double their money, they take it as gambling, and they are investing so much, far more than they can afford to lose in a bid to do this; it is unbelievable.

This news is another reason why giving people investment advice is usually very risky business, imagine buying this coin, and convincing your friend to do so too, what would be the situation of that relationship right now, they would blame you to 'death', and in a worst case scenario could even hurt you. Always allow people to do their own research, and when they do, they should make up their mind, so that they bear the consequences of whatever action they take. But i truly hope this story about suicide is false.

[Rengga Jati]

So sad and so sorry to know this, but exactly, there are some people who are exactly not ready and shocked because of this drastic drop of Luna. And because of this news, opposite media of crypto will spread the FUD again and will press that crypto is dangerous.
Actually, suicide phenomena are not new and previously there have been so many because of various problems, moreover because of family, love, or even business problem.
but why has suicide news because crypto becomes highly increasing and popular around the world spreading again and again?
The media know which will be hot news.

And I also realize with this news, we can remain each other about what you said, about how precious our life even though we lost many things, there are still our families that should be struggling. And I wonder being suicide will not end the problems, right?
And some people who did it commonly those who may use loans, selling house or others, or having big promises or expectation.
Yes, love your lives, it's more precious

[Darker45]

And who is @Cryptocraziac to be a reliable source? Those are 8 suicides that are claimed to be directly caused by the crash of LUNA. Confirming that the deaths, if they indeed happened, are truly caused by the plunging price of LUNA is not an easy thing to do. And if these 8 suicides are really true and are even slightly linked to the huge price fall of cryptocurrencies, this news should have already reached the papers and not just passed on like a gossip on Twitter. This looks like fake news!

[sunsilk]

I've read another post on FB that it's around 20 suicides now, I don't know if that's for real since there's no source and validation to back up with a source.

Nevertheless, these incidents are for real. They're not new and every time the market goes bear and there are people that have invested probably their life savings and they're seeing it blowing and going down, they don't know what to do.

They do end with the idea of ending their lives and that's not really the option. I feel bad and sorry for them that they have to choose that bad ending even if there's still a way to recover their lost money in some other way.

I hope this link helps, a suicide hotline for those who don't know what to do and thinking of ending their lives regardless of the reason.

https://blog.opencounseling.co/suicide-hotlines/

[Lucius]

That information is false, there haven't been confirmed cases of suicide due to the luna crash but that doesn't calm my mind because this fall was such a sudden shock and traumatic experience, I am afraid that more than hundreds of people will commit suicide.

I know of a few confirmed cases in which people have committed suicide because of cryptocurrencies, but the same is true of those who trade stocks or anything that carries a high risk. That is why I always say that you should first know well what you are investing your money in, and be prepared for the fact that you can lose everything at any time.

The tragedy in this latest scandal is that people lost money on something called stablecoin, and that should never have happened. I hope that people will start learning from the mistakes of others that have happened in the past, and that they will understand that cryptocurrencies are very slippery ground - doesn't anyone remember how Bitcoin lost 50% of its value in one day just over 2 years ago when was the pandemic declared?

[Israelgogo]

He who lives to see today lives to see another day ,when there is life there us hope,It the end for who so ever is dead,No matter how bad things may seems ,The same person who rediculed himself might be succesful in future, this wont have been possible if he had ended his life. Never think it an end for you for what you going through, anything can happen at anytime even in die minutes.