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Author Topic: A matter of family conflict regarding Bitcoin.  (Read 1235 times)
livingfree
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October 31, 2023, 10:49:06 PM
 #161

That's tragic.

I agree to OP about forgetting the main reasons why we invest and why we're thriving too hard and that's not for our sake but for the sake of our family.

Some may have their own ulterior reasons that will also be good for their future but I guess the majority has a common denominator why we invest and work hard, and that's to give our families a better life.

Do not forget that goal guys even if it's costing you losses. Don't get into that type of heated argument that you'll get to hit and hurt someone you love, avoid that.

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October 31, 2023, 10:53:46 PM
 #162

Just found out about this topic and the average answer is of course Bitcoin only as an investment instrument that is defeated when it fails and goes bankrupt because of Bitcoin.
But it cannot be the main reason to be blamed, because it is a risk that must be borne by anyone who enters for investment.

Before deciding to enter Bitcoin, it's good to think about what risks will occur and not use the money used for other needs,
so that when the investment fails, there is nothing to blame.

In this incident, the wife did not understand what Bitcoin investment was about and only knew how her husband lost a large investment value which eventually caused an argument that ended in shooting his wife.

As a wife, you should support and provide motivation so that you don't get too stressed, but if coupled with fighting it will be a big disaster like the news.
Sometimes there are still some who ignore the risks of investing in bitcoin maybe they do ALL IN hoping to get even bigger profits, when failure occurs that's where emotions overflow and will blame anyone even not themselves.

Maybe when the husband loses a lot of money that should motivate the wife to want to separate and ask for divorce here the conflict becomes big when the husband's emotions overflow, the wife will become a victim even though the wife is not guilty because the husband's money just disappeared without him knowing it.

What is clear is that he does not have a reserve fund when he experiences a large loss he cannot cover his needs until it becomes a quarrel, this incident should not happen to us.

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November 01, 2023, 02:11:29 PM
 #163

Just found out about this topic and the average answer is of course Bitcoin only as an investment instrument that is defeated when it fails and goes bankrupt because of Bitcoin.
But it cannot be the main reason to be blamed, because it is a risk that must be borne by anyone who enters for investment.

Before deciding to enter Bitcoin, it's good to think about what risks will occur and not use the money used for other needs,
so that when the investment fails, there is nothing to blame.

In this incident, the wife did not understand what Bitcoin investment was about and only knew how her husband lost a large investment value which eventually caused an argument that ended in shooting his wife.

As a wife, you should support and provide motivation so that you don't get too stressed, but if coupled with fighting it will be a big disaster like the news.
Sometimes there are still some who ignore the risks of investing in bitcoin maybe they do ALL IN hoping to get even bigger profits, when failure occurs that's where emotions overflow and will blame anyone even not themselves.

Maybe when the husband loses a lot of money that should motivate the wife to want to separate and ask for divorce here the conflict becomes big when the husband's emotions overflow, the wife will become a victim even though the wife is not guilty because the husband's money just disappeared without him knowing it.

What is clear is that he does not have a reserve fund when he experiences a large loss he cannot cover his needs until it becomes a quarrel, this incident should not happen to us.
Its a well-known pattern in the world of crypto investing, right? In search of exponential returns, people often dive deep without a life jacket, only to understand the dangers too late. First, Bitcoin and other cryptocurrencies are appealing because they can disrupt the economy. Its decentralization and limiting supply offer immunity to economic downturns. Any investment has risk. Diversification is common sense yet often ignored.

Financial stress always affects relationships. A husband's losses causing marital problems emphasizes the need of open communication in relationships. Significant financial adjustments must be communicated to partners. Any financial loss can be overcome by trust and understanding. However, its about knowing one's investment limits and not overextending. No possible gain is worth the chance of having one's life fall apart.

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November 01, 2023, 03:35:56 PM
 #164

No matter how unmarried people imagine the complexity of life in a family, they will always underestimate the real complexity. It is necessary that the characters be similar, the attitude to life and cleanliness in the apartment, and of course the attitude to money. As far as I understood from the news, it is unlikely that his now deceased wife gave him permission to invest so much money. Women do not take such risks with money, so men generally do not ask permission to invest money. Apparently she asked about these almost 20k, and her husband had already lost it.
They were necessary for the life of this family, at a time when only extra money could be invested.The loss will not change the financial situation of the family.
A family can be strong if the spouses can plan their future together, if they have a common budget, a common vision of where they are going and how they can achieve their goals. A lot of things are important, they maintain balance in the family, sometimes you need to make concessions, it’s really not easy. I noticed that if a family is wealthy, then they have significantly fewer conflicts over finances. If one spouse is more responsible for the finances, then financial management should be his responsibility, but if the other spouse does not support an investment because he sees it as a big risk, then you need to find another investment, family is most important.
Ideally, that’s should be the case but I think when it comes to investment, husbands are more aggressive to participate that even if their spouses are against with it, still they will pursue it without them knowing. And when they start losing, that’s when they realized that their wives should know about it, and when these wives overreacted to it, these frustrated husbands suddenly lose their control and burst out with anger.

Right. Men and women are too different by nature. We understand how hard money is given and any opportunity to earn more, and maybe even make a life change affects us very much. m. we know the value of money - it's a very hard routine, with responsibility and boredom, working with people we don't like, and so on (I mean ordinary fulltime work). And women, in fact, do not care where a man will bring money from and how much he will get tired in their search. Knowing this, men are ready to hide investments, taking risks, but realizing that if, for example, tomorrow the yuitcoin will be 100 thousand dollars, then this will strongly encourage him to forget about the hated fulltime work.
Just imagine bitcoin investment causing domestic violence, surprising how the couples lack understanding in their marriage, if there's anything that will cause domestic violence bitcoin should not be involved anything concerning investment or asset should be excluded. Bitcoin is just an asset, an investment scheme so what is bad there.
If probably he used the family money or money set aside for something else to invest in bitcoin that is very bad but not resulting to domestic violence cause domestic violence should never be an option. Secondly one thing have observe about people who say evil about bitcoin they just keep blabbing and spreading false news, they just keep repeating the same thing about bitcoin and the most funniest part is that bitcoin continues to grow.

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November 01, 2023, 04:46:11 PM
 #165

Sometimes there are still some who ignore the risks of investing in bitcoin maybe they do ALL IN hoping to get even bigger profits, when failure occurs that's where emotions overflow and will blame anyone even not themselves.
This is what often triggers commotion in every household, not only in the case reported by the OP. Sometimes when investing you don't think about the risks involved, so many people invest by doing all this without hope of getting multiple profits. Know how to invest but want to know about the risks.

Quote
Maybe when the husband loses a lot of money that should motivate the wife to want to separate and ask for divorce here the conflict becomes big when the husband's emotions overflow, the wife will become a victim even though the wife is not guilty because the husband's money just disappeared without him knowing it.
If you have lost a lot of money, sometimes it is difficult to control your emotions, especially when your husband feels great jealousy by visiting his house every day and his wife asks for a divorce, this is indeed a position that is difficult to control.

Quote
What is clear is that he does not have a reserve fund when he experiences a large loss he cannot cover his needs until it becomes a quarrel, this incident should not happen to us.
This is the point. Whatever investment we have, we must have reserve funds, because future events cannot be predicted.

R


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November 01, 2023, 09:58:00 PM
 #166

Just found out about this topic and the average answer is of course Bitcoin only as an investment instrument that is defeated when it fails and goes bankrupt because of Bitcoin.
But it cannot be the main reason to be blamed, because it is a risk that must be borne by anyone who enters for investment.

Before deciding to enter Bitcoin, it's good to think about what risks will occur and not use the money used for other needs,
so that when the investment fails, there is nothing to blame.

In this incident, the wife did not understand what Bitcoin investment was about and only knew how her husband lost a large investment value which eventually caused an argument that ended in shooting his wife.

As a wife, you should support and provide motivation so that you don't get too stressed, but if coupled with fighting it will be a big disaster like the news.
Sometimes there are still some who ignore the risks of investing in bitcoin maybe they do ALL IN hoping to get even bigger profits, when failure occurs that's where emotions overflow and will blame anyone even not themselves.

Maybe when the husband loses a lot of money that should motivate the wife to want to separate and ask for divorce here the conflict becomes big when the husband's emotions overflow, the wife will become a victim even though the wife is not guilty because the husband's money just disappeared without him knowing it.

What is clear is that he does not have a reserve fund when he experiences a large loss he cannot cover his needs until it becomes a quarrel, this incident should not happen to us.
If you have a partner in life and you have joint finance, communication should be done in every big step that you to do in both of your money, investing is one of them. Investing a marriage joint money is a hard decision for me to be honest because a lot of trust is involved in it especially if you are the one engaging in the act. There should be at least an agreement or a simple walk through what the investment is. Investing in crypto carries a lot of risk and having no approval to your other half in investing in it will put another risk in it like having a potential divorce when you f***-uped. It's important that you both learn the risk and the potential projected result if it fails or not, of course going all in or not is the decision of both individual depending on their risk appetite.
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November 01, 2023, 10:14:05 PM
 #167

The problem detailed in the OP wasn’t really bitcoin when you break it down. Anybody who is willing to kill a family member has serious problems. To take a life is such a big thing, there is obviously some deeper rooted problem with the guy in the OP’s post. I don’t think bitcoin can be blamed for things like this, if it wasn’t bitcoin then there probably would have been some other trigger, the guy is obviously mentally unstable. RIP to the deceased, such a tragic waste of life.

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November 02, 2023, 02:05:34 PM
 #168

No matter how unmarried people imagine the complexity of life in a family, they will always underestimate the real complexity. It is necessary that the characters be similar, the attitude to life and cleanliness in the apartment, and of course the attitude to money. As far as I understood from the news, it is unlikely that his now deceased wife gave him permission to invest so much money. Women do not take such risks with money, so men generally do not ask permission to invest money. Apparently she asked about these almost 20k, and her husband had already lost it.
They were necessary for the life of this family, at a time when only extra money could be invested.The loss will not change the financial situation of the family.
A family can be strong if the spouses can plan their future together, if they have a common budget, a common vision of where they are going and how they can achieve their goals. A lot of things are important, they maintain balance in the family, sometimes you need to make concessions, it’s really not easy. I noticed that if a family is wealthy, then they have significantly fewer conflicts over finances. If one spouse is more responsible for the finances, then financial management should be his responsibility, but if the other spouse does not support an investment because he sees it as a big risk, then you need to find another investment, family is most important.
Ideally, that’s should be the case but I think when it comes to investment, husbands are more aggressive to participate that even if their spouses are against with it, still they will pursue it without them knowing. And when they start losing, that’s when they realized that their wives should know about it, and when these wives overreacted to it, these frustrated husbands suddenly lose their control and burst out with anger.

Right. Men and women are too different by nature. We understand how hard money is given and any opportunity to earn more, and maybe even make a life change affects us very much. m. we know the value of money - it's a very hard routine, with responsibility and boredom, working with people we don't like, and so on (I mean ordinary fulltime work). And women, in fact, do not care where a man will bring money from and how much he will get tired in their search. Knowing this, men are ready to hide investments, taking risks, but realizing that if, for example, tomorrow the yuitcoin will be 100 thousand dollars, then this will strongly encourage him to forget about the hated fulltime work.
Just imagine bitcoin investment causing domestic violence, surprising how the couples lack understanding in their marriage, if there's anything that will cause domestic violence bitcoin should not be involved anything concerning investment or asset should be excluded. Bitcoin is just an asset, an investment scheme so what is bad there.
If probably he used the family money or money set aside for something else to invest in bitcoin that is very bad but not resulting to domestic violence cause domestic violence should never be an option. Secondly one thing have observe about people who say evil about bitcoin they just keep blabbing and spreading false news, they just keep repeating the same thing about bitcoin and the most funniest part is that bitcoin continues to grow.

I am sure that in 90 percent of families, a man is the one who saves money and earns it, and a woman spends it: buying new iPhones and wanting to fill an overflowing closet with unnecessary clothes. And even if a man tries to start a dialogue on the topic of saving or investing in cryptocurrencies, then all he will achieve is a misunderstanding on the part of a woman. Therefore, there is violence in the family on the basis of money. Women are spenders in most cases.

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November 05, 2023, 05:28:14 PM
 #169

The major problem faced by many people today is the absence of knowledge as to what you want to invest your funds into, if you must invest your money in anything apart from Bitcoin, you have to inquire about it, you don't just jump into conclusion, secondly don't invest what you can't afford to lose,  Bitcoin is a volatile as we know it to be, you should expect two events to occur, is either your investment increase in profit or decline as the case may be, in this case, if the man had gone on the wide search for the knowledge before investing his hard-earned money in Bitcoin, this would have not happened, I think he has learned in a hard way, such is life, when you make a mistake in life take the blame no matter the action if people towards you, just try as much as possible to convince them to believe you.

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November 05, 2023, 09:17:29 PM
 #170

That's tragic.

I agree to OP about forgetting the main reasons why we invest and why we're thriving too hard and that's not for our sake but for the sake of our family.

Some may have their own ulterior reasons that will also be good for their future but I guess the majority has a common denominator why we invest and work hard, and that's to give our families a better life.

Do not forget that goal guys even if it's costing you losses. Don't get into that type of heated argument that you'll get to hit and hurt someone you love, avoid that.
We should always settle any family issues with the family to avoid further problem or difficulties. We need to understand that Bitcoin is a cryptocurrency and if we don't understand or patient enough to buy and hold for a longer time, we might finally lose our capital because of impatience. There are people that have sold their holdings because they could nit wait for the market to retrace to the position where they bought so that they can make profits from the market. Once an investor whether rich or poor is able to understand how the market operate, they will be able to make profits from the market whether big or small depending of the Capital invested.









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November 06, 2023, 03:05:30 PM
 #171

The major problem faced by many people today is the absence of knowledge as to what you want to invest your funds into, if you must invest your money in anything apart from Bitcoin, you have to inquire about it, you don't just jump into conclusion, secondly don't invest what you can't afford to lose,  Bitcoin is a volatile as we know it to be, you should expect two events to occur, is either your investment increase in profit or decline as the case may be, in this case, if the man had gone on the wide search for the knowledge before investing his hard-earned money in Bitcoin, this would have not happened, I think he has learned in a hard way, such is life, when you make a mistake in life take the blame no matter the action if people towards you, just try as much as possible to convince them to believe you.
 I feel like theirs is no point trying to prove a point to anybody, i feel most people reason too much  about what other people feel about them and that they fail to unleash their full potentials, also we will go astray if you investing to impress anyone. Even when you are looking for success in what’s ever field of interest we should still strive to be humble and cut our coat according to our size. The main purpose of going into any business or investment is for the betterment of your life and that of your loved ones.
 A good investor will make proper research before investing, because knowledge is power and without knowledge one will make mistakes and impulsive decision. If not properly educated on the platform and how to go about it you might see complications with even understanding the interphase. So before you make any move what so ever do your research first.
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November 06, 2023, 05:53:40 PM
 #172

The problem detailed in the OP wasn’t really bitcoin when you break it down. Anybody who is willing to kill a family member has serious problems. To take a life is such a big thing, there is obviously some deeper rooted problem with the guy in the OP’s post. I don’t think bitcoin can be blamed for things like this, if it wasn’t bitcoin then there probably would have been some other trigger, the guy is obviously mentally unstable. RIP to the deceased, such a tragic waste of life.
I see that the news also doesn't seem to be entirely because of Bitcoin, it seems that because of Bitcoin there are murders that seem to accompany Bitcoin public opinion which can lead to crime. Even though someone could kill because of other things that could be the trigger, it's just that in this case it was triggered by family commotion and excessive jealousy which led to the murder. Losing bitcoin is true, but the main problem is not because bitcoin necessarily has other problems. Yes, I am sorry for the deceased. This momentary life is to be enjoyed, not to commit heinous acts that cause death.


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March 03, 2024, 03:48:04 PM
 #173

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.
Exactly, there are already lots of news about domestic disturbance very similar to this case here that have nothing to do with bitcoin. We are going to see a lot more due to the increased economic hardship around the world too. But when bitcoin is involved the propaganda machines start getting active and choose it to spread FUD trying to slow down the adoption which they are too afraid of.

How is it even possible to conclude that bitcoin is a cause for domestic violence.Arguably,a decline in the overall wellbeing of the family as a result of poor financial management can cause a failure in the marriage.Could it be that one of the partner have mismanaged the family's savings or funds for irrelevant activities.

However,Financial stress/decline can lead to domestic violence in the family,Many people in thier marriages do not have access to finances;most times you'll hear the victim say things like "He controlls all the money,I had to account for every cent I spent.Although it can happen to anyone, like other forms of family violence,and it is most times happens by men against women.

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March 03, 2024, 07:01:14 PM
 #174

I see that the news also doesn't seem to be entirely because of Bitcoin, it seems that because of Bitcoin there are murders that seem to accompany Bitcoin public opinion which can lead to crime. Even though someone could kill because of other things that could be the trigger, it's just that in this case it was triggered by family commotion and excessive jealousy which led to the murder. Losing bitcoin is true, but the main problem is not because bitcoin necessarily has other problems. Yes, I am sorry for the deceased. This momentary life is to be enjoyed, not to commit heinous acts that cause death.

OP you should know thta It often happens when one thing becomes bad for an act that didn't happen because of it, especially if a crime is committed with its name while it isn't the actual reason behind the crime. When Bitcoin was first getting popular, media and influential people called it a criminal currency because it promotes anonymity and privacy and isn't traceable, but that doesn't mean Bitcoin is actually a currency that is created and used by criminals, it is just that it has properties that might give then an advantage but people connected the dots and decided to make it look bad by connecting it with criminals just because of that. Purpose of creation and misuse are totally different things and we cannot blame btc for it

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March 03, 2024, 08:54:36 PM
 #175

This story highlights the importance of financial literacy and emotional control in investing. Investing in cryptocurrencies can lead to conflicts, but the main issue often lies in improper financial management and emotions.However, it is important to remember that blaming cryptocurrency alone for all problems and failures is incorrect. The main issue often lies in ignorance, improper risk management, and emotional reactions.
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March 03, 2024, 09:16:28 PM
 #176

I see that the news also doesn't seem to be entirely because of Bitcoin, it seems that because of Bitcoin there are murders that seem to accompany Bitcoin public opinion which can lead to crime. Even though someone could kill because of other things that could be the trigger, it's just that in this case it was triggered by family commotion and excessive jealousy which led to the murder. Losing bitcoin is true, but the main problem is not because bitcoin necessarily has other problems. Yes, I am sorry for the deceased. This momentary life is to be enjoyed, not to commit heinous acts that cause death.

OP you should know thta It often happens when one thing becomes bad for an act that didn't happen because of it, especially if a crime is committed with its name while it isn't the actual reason behind the crime. When Bitcoin was first getting popular, media and influential people called it a criminal currency because it promotes anonymity and privacy and isn't traceable, but that doesn't mean Bitcoin is actually a currency that is created and used by criminals, it is just that it has properties that might give then an advantage but people connected the dots and decided to make it look bad by connecting it with criminals just because of that. Purpose of creation and misuse are totally different things and we cannot blame btc for it
Incidents like this happen very often in any case, because Bitcoin is an object and when they have problems involving Bitcoin, people who don't know Bitcoin well will judge Bitcon negatively or it happens because of Bitcoin.
And this is the same as fiat or anything, and the most common is household destruction because of the economy or money. Actually, because of his stupidity, he didn't want to earn money by working so that the economy would be fine. Likewise, when we invest elsewhere, and when there is a problem and it is related to what was invested, then people will judge because of that investment. So a good and wise person will do research to find out who is really to blame.

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March 03, 2024, 09:29:58 PM
 #177

I just heard this kind of story, that's why when we introduce Bitcoin to other people who want to know about it, we need to check their situation first because we will calculate their behavior whether they are capable of handling such pressure while investing in bitcoins or not. We need to share with them the necessary knowledge to avoid any conflict in the future which will lead to violence such as this one and free ourselves from any blame as well. that's why when I explained it to my friends, I only chose those who were capable of understanding my logic and had some enough patience when it came to investment, I passed on those who were in a rush to get profits, I'll just simply tell them that it's too risky and they need to avoid it.

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March 03, 2024, 09:42:37 PM
 #178

I just heard this kind of story, that's why when we introduce Bitcoin to other people who want to know about it, we need to check their situation first because we will calculate their behavior whether they are capable of handling such pressure while investing in bitcoins or not. We need to share with them the necessary knowledge to avoid any conflict in the future which will lead to violence such as this one and free ourselves from any blame as well. that's why when I explained it to my friends, I only chose those who were capable of understanding my logic and had some enough patience when it came to investment, I passed on those who were in a rush to get profits, I'll just simply tell them that it's too risky and they need to avoid it.
That's also the other way of teaching other people about cryptocurrency. I would do the same as you except the the capable part. I wouldn't be blamed if there's something will happen like that because I will explain it to the person what will or may happen when you're investing in bitcoin for example. This is what I will say to him/her, now I taught you about crypto and If ever you want to invest then I have nothing to do with it and it's your own decisions. I am saying this as to tell you that I didn't forced you to invest and even explained it to you about risk when investing.

So far, no one blamed me and some are even happy that I taught them about crypto and it's up to them to increase their knowledge more.

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March 03, 2024, 09:42:58 PM
 #179

This story highlights the importance of financial literacy and emotional control in investing. Investing in cryptocurrencies can lead to conflicts, but the main issue often lies in improper financial management and emotions.However, it is important to remember that blaming cryptocurrency alone for all problems and failures is incorrect. The main issue often lies in ignorance, improper risk management, and emotional reactions.
I agree with what you said in this case because indeed by looking at what happened it seems that we understand that this will be a lesson that occurs so as not to be too aggressive and risk everything for bitcoin even though bitcoin is a very good thing in terms of investment but it does not mean that the decisions we make are never wrong because if in the end the decisions we make are wrong then it could be that investing in bitcoin which initially would be very profitable ended up the opposite.

Looking at the context of the narrative of the article given by the OP, it seems that we must be aware that this happened due to a lack of spousal communication which made the husband make his own decision to give up completely on bitcoin which ended in failure. From this we can take a lesson that saying buying bitcoin as much as we can and not pushing too much is a decision that can be considered correct.

It's okay to take aggressive action if you can but that doesn't mean you have to bet everything on bitcoin because it will seem like a silly thing when you can't afford it.

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March 03, 2024, 09:49:39 PM
 #180

I just heard this kind of story, that's why when we introduce Bitcoin to other people who want to know about it, we need to check their situation first because we will calculate their behavior whether they are capable of handling such pressure while investing in bitcoins or not. We need to share with them the necessary knowledge to avoid any conflict in the future which will lead to violence such as this one and free ourselves from any blame as well. that's why when I explained it to my friends, I only chose those who were capable of understanding my logic and had some enough patience when it came to investment, I passed on those who were in a rush to get profits, I'll just simply tell them that it's too risky and they need to avoid it.
Well, even if we introduce bitcoin or crypto currency things in bitcoin, it is not our responsibility to mind in their own business, and of course we can't control other people's minds or behaviours, so it is not necessary to know the person or their well-being even before we introduce bitcoin. What happens next is the own doings of the imvestor; anything he does beyond what is normal is his own responsibility.

This story of a husband who committed a crime just because he lost his investment in bitcoin or crypto is too much. What I mean is that the husband has a serious problem when it comes to handling his own emotions, so it's his fault, not the investment, and initially he was the one who invested in bitcoin or crypto. Anything that happens to him is his own doing. Every investor should know what they are capable of doing. If they can't handle their emotions and behaviour, then a stressful thing like an investment is not suitable for them.

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