Cookdata
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May 14, 2022, 09:46:42 PM |
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It's easy to assume that those who committed suicide didn't value life, however, everyone's mind is different, and not all can handle all of life's challenges. I read through the Luna tweets, and my heart aches for some of the investors' cries and losses. I was especially heartbroken for an investor who put his family's life savings into Luna and was planning to use some of the profits for his wife's delivery, who is carrying a twin foetus, but now he is unsure where to get the money to pay the bills when the wife is ready to put to bed. This is sad and painful, and I hope we all recover from these unforgettable pains.
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Markinzo
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May 15, 2022, 06:44:12 AM |
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No amount of loss should make anyone take a decision of taking their life, you don't know what much better days the future might hold for you.
What if your loss in Luna was part of your stepping stone to reaching your much better life of opulence. Sometimes challenges come to deprive us of a greater time ahead we ain't seen yet.
So hold peace and be hopeful.
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Sacrod
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May 15, 2022, 09:31:17 AM |
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Committing suicide as a way of escape from a particular problem creates bigger problems for the ones you are leavingbehind. It's true that if you are not the victim, you can't say you understand how it feels to lose something valuable especially when you have placed all your hopes on it.
But then life itself is a risk, sometimes you win, sometimes you lose. And the things you did that resulted in a loss will be a lesson so that next time you wouldn't repeat such. Let's learn to give ourselves a second chance. The thought to end it all might come, but if you think critically, its not worth it.
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Daniel91
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2022, 12:21:34 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FGRGxjvw%2FIMG-20220512-WA0006.jpg&t=665&c=YTYo2lvzyImm0w) 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. If this news is verified and accurate, it is indeed a great human tragedy. Unfortunately, from personal experience I know how desperate people can be because of their difficult financial situation. Desperate people often take desperate measures and take a lot of risks. It often ends very badly. The crypto has been talked about a lot in the media lately and to ordinary people it may seem like a simple solution to all their problems. Unfortunately, people who do not have enough knowledge and experience and are desperate, often make beginner mistakes with irreparable consequences. So sad.
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Oceat
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May 15, 2022, 12:50:59 PM |
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Some popular people who invested in $Luna managed to remain their cool even though they've lost big from millions to thousand dollars real quick in one day. It's indeed devastating to see your portfolio dropping big like you've been scammed but know that this is the risk of investing crypto currency and people who didn't know what they were doing should not take part of investing crypto currency especially the altcoins. Some people think this is their time to shine by investing the hyped coins but in reality or if you are longer staying in this market/forum you will know that most of these altcoins are too good to be true and is not aiming for a long term profit.
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3996
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cheezcarls
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May 15, 2022, 01:43:49 PM |
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A few weeks ago before the great LUNA crash, I was a victim of a malware where 3 of my non-custodial wallets are being drained without the need of a seed phrase to access. Approximately $12k of my assets are drained and I felt that all of the hardwork and sacrifice I have are just vanished into thin air.
But good thing that not all of them are drained because I have spread them out in different wallets while others are already in my hand and bank accounts. I’m just grateful than I have around more than $800 left. I was suppose to have brighter plans, but it was all ruined thanks to that mistake. It’s hard for me to move on, but I am not thinking of giving up or committing suicide because of being a victim of this biggest hack in my whole life.
I remembered the time when I was broke and on my way to have zero money again, but I have managed to get back up and regained all of the losses I have. As I have remembered that, it reminds me that I am now more stronger than who I was before. So I get back up to my feet and remained focus on what I have been doing nowadays, but I am more determined than ever to quickly recover as I have seen the light at the end of the tunnel.
I still have long ways to go to finally recover what was recently lost to me, and I am taking it one day at a time. Our lives are very important. We can get back the money we’ve lost anytime, but we must not waste our life because we only live once, so we should make the most of it while our time here on Earth is limited.
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PrinceVisser
Jr. Member
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2022, 05:22:35 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FGRGxjvw%2FIMG-20220512-WA0006.jpg&t=665&c=YTYo2lvzyImm0w) 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. Those who commit suicide are the weakest.
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Viscore
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2022, 08:58:53 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FGRGxjvw%2FIMG-20220512-WA0006.jpg&t=665&c=YTYo2lvzyImm0w) 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. Do not live for money, but live for your life. So there's no enough reason that you allow yourself to suffer just because you are losing. Losses are inevitable in all aspects of investments, so you don't need to blame yourself or other people. And if you lose, i guess you can still do better in the next round and succeed. Suicidal is just a cowardly excuse, and certainly a big sin. If you lose, face it and accept. As long as there is life, you have all the opportunities to succeed so always see the positive side in you.
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Poker Player
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May 16, 2022, 03:52:56 AM |
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I'm not going to go into whether they actually committed suicide, and whether it was because of that or not. But there were a lot of posts on reddit from people saying they were contemplating suicide because they had lost everything. As has been commented, it was people who had not respected basic investment rules and had put in money they needed, even taking loans for it or using money from family members without their knowledge.
I also think when we see these things that we have to think beyond the money. These cases I guess are of people who have a shitty life and see getting rich as the only way out of their unhappiness, and they want to do it fast.
Simply by improving their economic situation slightly bit by bit and taking care of other aspects of their lives they would have fared much better.
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cryptoaddictchie
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May 16, 2022, 05:21:45 AM |
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Those who commit suicide are the weakest.
How could you say that boldly in this forum. Yes maybe there is something wrong on what they did that but dont mock them they already dead dude. Please pay some respect to them. How can we still blame them in spite of being dead already. Lets just warn others not to resort to this if they experience something bad on doing trading.
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StormHawk
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May 16, 2022, 05:38:50 AM |
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There are some losses that cuts too deep in the body, when you found yourself in that state it is easier to think about suicide, believe me I have been there, it is very vital to never rely on a project no matter how decent the project looks, always invest what you willing to lose and don't put all your funds in one basket.
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Mpamaegbu
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May 16, 2022, 06:38:34 AM |
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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.
After my experience with Bitcoin ATH of 2017 and it's near demise of 2018/19, I realized why veterans don't really panic whenever there's a Bitcoin dump. It's the experience thing. I've acquired that same mindset too and I'm less concerned with what's happening in the market ATM. I know the crash is momentarily. The market will shake this off and spike to record a fresh ATH. If the bear becomes unbearable, I trade my Bitcoin for a stablecoin and then rebuy at a further fall. That's the simple method there's during a bear season if you can trade. Otherwise, just hodl. Bitcoin will rebound. It won't end in zero.
Those who commit suicide because of trading misfortune aren't man enough. BTW, didn't they read the caveat that's always been there that one shouldn't invest cash they aren't capable of losing?
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Accardo
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May 16, 2022, 09:33:13 AM |
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A million dollar invested on Luna 2 weeks ago is now worth $3. People who pegged their life to dollar will definitely suffer emotionally about the crash. Just like OP said we all need to check up on them it's vital for humanity. No need for excuses or blame of not trading what they can lose as they not on this surface to explain why they took their lives over LUNA crash.
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Judy Bishop
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May 18, 2022, 05:25:44 AM |
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This is such a relevant topic. Certainly there is nothing more important than life. Financial losses must be a traumatic experience but that is not the end of the world. Our society is wired in a way that we place too much importance on money and financial status. Of course we need money to survive and live a better life but it is not worth losing our life for. Markets will always have ups and downs and every investor should be prepared for that. The unexpected fall in the crypto currency market is disturbing for all of us. But we should not let it disrupt our mental peace. Losing is inevitable sometimes and we should just accept it and move on. Asking for help is important and please reach out to your loved ones and check on them on a regular basis. This is not just about crypto but make sure to not let anyone suffer in silence and take the wrong step in the end.
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Cryptomultiplier
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May 18, 2022, 01:27:56 PM |
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I just could not ignore this topic no matter how i tried. why? Its simple...Life is suppose to be lived to the fullest of each individual potential. No matter what the challenges mostly as regards the loss of property, the loss of cash, loss of contract or whatever, it is not enough reason for one to end his/her life. In the first place, you didnt create yourself, so you have no right to destroy/kill yourself either. No matter the lose, gain can always be found in it. Gain in the form of a new direction, a new concept, a new contract, a new coin, a new whatever you seek that one think is entirely gone can definitely be recovered. Remember always the story of the phoenix that rose from the ashes after everyone thought it dead. Our individual story can always change for the better. Your life, talent, abilties, the love you give all matter more than any possession we may be fighting to attain/obtain. Thanks
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firmino10
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May 18, 2022, 10:39:14 PM |
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our mental health is important. in this case i wont encourage denial but acceptance and healthy way to manage this loss. even if its not a major loss, accumulation of smaller ones over time can cause some serious damage. we could talk to expertise on the forum on how to manage loss and better ways to reinvest, one should learn how to diversify investment.
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suzanne5223
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May 18, 2022, 10:41:36 PM |
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Some popular people who invested in $Luna managed to remain their cool even though they've lost big from millions to thousand dollars real quick in one day.
It's sad that some people choose to commit suicide because of the downtrend of Luna and UST and it is also sad that these issues will be remembered in the history of cryptocurrency investment. The popular people are the only ones that managed to maintain their cool because the ordinary people that understand the concept of crypto investment and are mature enough to comprehend it will always maintain their cool no matter the downtrend nature of the market. Meanwhile, I hope an issue like this won't occur again in the crypto ecosystem but thats if investors manage to do the right thing by understanding the risk involved in the crypto investment and accept the consequence instead of committing suicide.
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Dunamisx
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May 19, 2022, 09:27:46 AM |
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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? I believe too much of everything is bad, why must they invest their enitre life on cryptocurrency, that is not sound enough to hearing, its really good to have good priority for business and assets but but when it comes to choice it is foolishness having a preference for asset than ones life, are we not working hard now to secure a better tomorrow, so we can enjoy life in it fullness, then why has human mentality of some people changed, i dont blame them, i blame their mistakes at first place because they know what is at stake if they lost any asset along the way.
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Assmosis
Newbie
Offline
Activity: 23
Merit: 2
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June 06, 2022, 04:32:10 AM |
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We cannot allow our investments to control us and how we function on a day to day basis. It is important to maintain balance and make sure we take time off and don’t allow this to come in-between family and relationships. Many individuals treat it like gambling and lose their head. When you control your thoughts, you invite good energy.
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worle1bm
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June 06, 2022, 06:05:53 AM |
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The financial loss could be recovered at some point of life but taking these wrong steps is really not good move no matter how much depressed we are.This is why it's the market rule that invest only that much amounts that you are willing to loose because we have seen such cases where people become so depressed after losing funds in market that could have negative results as shared in @OP.
People need to realise ending up life is not solution for any problem so be strong and you must stand up against these things strongly.
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