A matter of family conflict regarding Bitcoin.

[uneng]

Even unstable, disfunctional people can invest in Bitcoin, so it was just a matter of time until we would see these news coming up. As many have said, the problem isn't Bitcoin, but the man who is completely insane. Someone who can't afford the risk of losing money with BTC investment, shouldn't be investing on it, but in this case the roots of the problem go even further, as he took completely extreme measures in response to the loss, besides the fact he is also a possessive man who can't deal with the fact his wife doesn't want him anymore.

The normal reaction would be to let she go away and respect her decision, instead of shooting her and shooting his own leg right after. Completely out his mind... This person is a menace for society. Let's see what authorities are going to do with him.

[Magic-Money]

What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.

[dunfida]

~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.

It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

Aside from the given insight, an investor must do his own research, and educate himself about the investment venture and the company managing the investment if there is any.  We all know that when a company offers Bitcoin as an investment coupled with daily profit is a sure thing a scam because the system the company introduced is not sustainable.  Aside from that, if it is family money, it is considered conjugal if the person is married and should ask his partner's consent about the investment so that there will be no blaming when things go awry.

One of the most common reasons on why these kind of incident happens is on the time that there would really be that opposing decisions that had been made neither of the two considering that investment decisions
should really be done by both individual and would really be agreeing about the risks. If ever there are some bad decision makings or some party involved on why that investment turns out to be a loss then for sure
these kind of incidents could really happen specially if a certain person is really having that kind of temper issue or having no control despite of dealing with her wife which still ends up on shooting.

I could say also assume that there might be some cheating issues or something basing up on the statements given above by some members? If ever this one is attached
then i couldn't really blame out the guy in regarding on what happened because having those loses on investment + cheating would really be resulting into disaster.

[summonerrk]

~~~

The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.

It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.

That's right, one of the Golden Rules of investing says: never invest your last money. When you send them to the deposit, you need to mentally say goodbye to them. It's as if you need to forget about them, and continue your business. But unfortunately our human nature is such that we always hope for a miracle. And if someone has invested money, then he will most likely constantly look into the deposit, waiting for a profit and hoping that his life will change as soon as possible with the arrival of profit.

Looks like the husband did in this family, they could not lose this money... it was critical for them.

[dimonstration]

What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.

It’s not a mixed understanding but I believe the husband took off the steam of his anger on Bitcoin loss to his wife. Probably the wife is blaming him or something that will make him annoyed.

I sometimes experience this annoyance but in different matter but I never think to harm her. Not all people has a long temperance on handling anger especially when they are having a hard time with losses. This news is very intense but not worst since some people commit suicide due to investment losses.

[jeraldskie11]

Because we are not perfect, we can make things that makes our partner angry or sad. As a couple, they should have put it on their mind. As long as both of them is true to themselves and doing their best to make their partner happy, they will easily forgive their partner.

In terms of decisions, no matter what it is, if it's s about the money or any kind of stuff that need a decision, it should be talked to each other very well before making decisions.

Both of them have a role to the family and they must be responsible for that. Since the husband is the head of the family, even though he has the authority to decide, he must always consider the side of his wife. And in the wife, she must always trust and respect the decision of her husband. If the couple do that, what we saw in the Op will never happen to them.

[barisbilgili]

What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.

It’s not a mixed understanding but I believe the husband took off the steam of his anger on Bitcoin loss to his wife. Probably the wife is blaming him or something that will make him annoyed.

I sometimes experience this annoyance but in different matter but I never think to harm her. Not all people has a long temperance on handling anger especially when they are having a hard time with losses. This news is very intense but not worst since some people commit suicide due to investment losses.

Experiencing failure in investing is indeed a very painful thing and it will be more painful if the wife continues to blame the decisions we have taken in investing and this will be even more painful. Every person has different ways of being able to reduce their anger when failure occurs to them, so it would be better for us to be able to reduce our anger when we experience failure in any case because if we cannot overcome this of course we will make other mistakes and this will It is very detrimental to ourselves and even people around us also feel this.

[red4slash]

What causes conflict is mixed understanding, mostly when it comes for family where husband and wife query over something else that's happened that most lead to fight 95% most be money involved. In the matter like this be family conflict to resolved has to deal with better quality education for the both parties to understand how Bitcoin works in the financial sector.

Broadly speaking, the main point emphasised in the article is that the wife may take issue or rather blame the husband's choice because of the investment made, which makes the quarrel widen. But in any case, things like this become vague because we cannot see the outline, especially not finding anything related to this news.
Financial reasons are always troublesome in debates even if it is a husband and wife so in this case when indeed someone wants to invest but is still said to be a beginner then I think communication with the closest person will be important so that we also avoid mistakes and decisions that have been made of course it is the final result of the communication of the closest person (spouse).

[Shishir99]

What about the stock market then? We all know that Bitcoin is volatile and you never where it will end up when you will sell it. You are not at a loss until you sell your Bitcoin. If you don't sell, it's unrealized profit/loss. These unrealized profits/losses exist in many other sectors. The stock market is a perfect example that I can imagine right now.

I don't know what is the purpose of posting this here. If it's just news and OP wanted to discuss it, that's okay. But if you had any negative perspective, i would suggest to look for other options before blame Bitcoin.

[Peanutswar]

Recently everyone i asked related to the bitcoin has an idea because of the era of NFT people committed to the crypto. Even in just a family if someone committing on it and the other family member support this they can now make a deal to make an investment but again its now a family decision and your only decision if they will going to hold or to sell their asset we cannot deny people don't want to lose their money invest in but the market in crypto is volatile so can be an argue to them if they will going to hold or to sell the result will comes up after they commit the decision and there's a blaming possible happen.

[Lorence.xD]

Recently everyone i asked related to the bitcoin has an idea because of the era of NFT people committed to the crypto. Even in just a family if someone committing on it and the other family member support this they can now make a deal to make an investment but again its now a family decision and your only decision if they will going to hold or to sell their asset we cannot deny people don't want to lose their money invest in but the market in crypto is volatile so can be an argue to them if they will going to hold or to sell the result will comes up after they commit the decision and there's a blaming possible happen.

For me, when it really comes to crypto or Bitcoin, it's really difficult to handle if you involved your family especially if they have the mindset of quick and easy money. Actually based on my experience which is also from era of NFT where I told my family about it to invest in such good project and sell would gain you profits. So as they've heard the profits they actually agreed to invest but it's the worse, it's always about the argument where they instantly want the money bank. That's one of the problem that I have seen, which is they don't have that much knowledge about the crypto industry works. After I've gain profits I gave them the money then I've never let them involved once again due to this kind of situation which is really stressing and pressuring.

[Bitcoin_people]

Invest in Bitcoin only as much money as you can afford to lose, investing more than that can definitely put you at risk. We have seen many people invest without understanding and sometimes they lose their investment money due to wrong decisions. If a person is thinking of investing money from his family, he must understand the basics. Also, if he decides to use his family savings to invest in Bitcoin, I'd say it's not a good sign at all. Also the story you have presented I think here the person has invested using his family funds and he has suffered. Also if you are a family member then invest with your savings never take such investment from family it is risky. Moreover, if a person invests using more of his money, he must invest in Bitcoin, although investing in Bitcoin will not have the fear of losing money but will have to wait for a long period of profit.

[Litzki1990]

I don't understand why everyone blames bitcoin for everything or all crimes.
If someone is kidnapped and ransomed with Bitcoin, it's Bitcoin's fault. 
It is Bitcoin's fault if you buy a prohibited product through Bitcoin. 
What I don't understand is why you are blaming Bitcoin instead of catching the culprit. If criminals are caught and given appropriate punishment, criminals will be afraid to commit crimes. It is not only Bitcoin that is a crime but it is not like that at all. 

Many times it is seen that the in-laws torture the girl for the dowry money, here the blame should be on the dowry money instead of the in-laws. Instead of worrying about the way in which the crime is being committed, we should worry about the criminals.

[philipma1957]

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

the guy is a piece of shit.

put him to death 💀 and end the story.

Owning too many coins at 50k and freaking out when they are 25k then shooting your wife . deserves the death penalty.

degenerative traders acting this way can do it with beanie babies. I know a few people that went broke buying beanie babies

[stadus]

The root cause of the problem is indeed money, but the news was delivered in a misleading way, making it appear that Bitcoin is a bad investment. Some writers of stories or news choose to cast a negative image on Bitcoin because they know people are more likely to react to it than to create more informative posts to educate people about Bitcoin.

Just like in gambling, when a person is addicted, they tend to blame gambling, but the actual root cause is often irresponsible gambling.

One should understand that investment carries risk and it does not guarantee profit, regardless of what kind of investment.

[coolcoinz]

Don't say it is all because of Bitcoin. Bitcoin is only one of many investment assets that can be chosen by investors.

He wasn't an investor but a trader. An investor doesn't just lose all his money like that. His loss must be recent because I doubt the guy would lose money in that FTX crash last year and wait a year to finally settle things with his angered wife, although everything is possible.

More likely he bought bitcoin when it was going up above 30k and sold everything at 26 or 25k

He was obviously mentally unstable since: The next day, the police continued their close monitoring of Kritsada, who was under stress and in pain after shooting himself in the leg.

[moneystery]

all criminal cases involving bitcoin investors/traders are purely the fault of those people who did not control their emotions wisely. an investor/trader should have good emotional control, so that when they lose it will not cause disaster to the people around them.

and anyone who blames bitcoin for the mistakes they make means they don't understand investing or trading bitcoin. trading has risks and at any time someone can lose their money, and this is not only in bitcoin, but in almost all investment instruments. so blaming bitcoin for the criminal cases they have committed is not appropriate.

[TribalBob]

Bitcoin blowup: Domestic dispute turns crypto catastrophe with six-hour standoff in central Thailand

A heated dispute over Bitcoin investment loss led to a domestic violence incident that escalated into a six-hour standoff with the police. The 35 year old husband, Kritsada, shot his wife and barricaded himself in their home in Uthai district, Ayutthaya province, before eventually surrendering to the authorities.

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

The mistake is not in Bitcoin, only individuals who think Bitcoin can provide wealth without having to work, this view is very bad, mistakes in investing definitely exist, especially in Bitcoin, it's not actually a loss, but the value of Bitcoin itself is decreasing, not disappearing, at least for people who invest. Here you have to be more patient and don't make your wife the cause of failure in everything

[Jawhead999]

The mistake is not in Bitcoin, only individuals who think Bitcoin can provide wealth without having to work, this view is very bad, mistakes in investing definitely exist, especially in Bitcoin, it's not actually a loss, but the value of Bitcoin itself is decreasing, not disappearing, at least for people who invest. Here you have to be more patient and don't make your wife the cause of failure in everything

But the husband is still wrong if he was not tell to his wife is he use the money to invest in Bitcoin and explain about the risk. If he keep convincing his wife Bitcoin price will increase very high in very soon, it's not surprising how his wife complain it and ask for separation.

After all when someone is already married, there's no such husband's money or wife's money, it's a family money.

[pawanjain]

The media will do anything to portray bitcoin as the bad guy because that is where they get more views.
There are a lot of people who think they missed the opportunity to invest in bitcoin and don't miss any chance to spread hatred about bitcoin.

As far as this story is concerned I think nobody should do domestic violence whatever the reason be it.
Money will come go but the relationships we build with our closed ones shouldn't be impacted because of it.