Before and after bull run.

[Forever101]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

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[JeromeTash]

Or maybe the best thing you can do is get them oriented into Bitcoin, investments, the downsides of investing, risk management and how to keep at the top rather than just "keeping in touch" with them

Humans are not like dogs, you can't keep them on a leash forever.

[decodx]

I get why people worry about their loved ones who are into crypto, what with how up and down the markets can be. It makes sense to keep in touch with your family and friends whether things are going great or the markets tanking. Gotta make sure the highs don't go to anyone's head or the lows don't bum anyone out too bad. Supporting each other is good. Your people matter more than money.

But I also agree with JeromeTash, people need to learn to deal with the consequences of their actions themselves. This aint kids' stuff we're dealing with here.  Everybody's got to take responsibility for themselves and the risks they take.  We can support each other, but we cant be babysitting grown folks or cleaning up their messes for them.  They want to play with fire they're gonna get burned sometimes.  That's just how it is.

[letteredhub]

Why not just put a radar on them or a micro chip maybe that will help keeping them in touch about their whereabouts during and after the bullrun.  As humans we will always want to celebrate our success but any wise person ought to know that we have just one life and shouldn't let our excitement expose it to risk. Life isn't money you can recover later if lost

This ain't the first bullrun and won't be the last we're expecting, so just like the first comment explicitly put, if you love them that so much then get them oriented about bitcoin and about money management entirely maybe that can relief the tension tension when the time arrives.

[mk4]

I remember various communities on various platforms having suicide hotlines on deep bear markets; those have almost always been decent signals to go heavy on bitcoin/crypto due to market sentiment being close to an all-time low.

[Cryptoababe]

Thats why people are advised to invest the amount they can afford to lose. Because crypto is still early and the market is very volatile. Although, only leverage traders and memecoins degens can easily lose huge amount of money.

[OcTradism]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

When they have money for investment, I assume they already have jobs and are matured enough to control themselves. You can not control a matured person and you don't have rights to do this. Even their parents can not do this on their matured boys and daughters so don't feel like you can do this.

When people are too optimistic or pessimistic, they can become uncontrollable and undisciplined with their actions so that they can gain some unwanted results. If you try to keep in touch with your family members, it is good but you can not save them all times. Anyway, paying attention on them is better than don't do that.

If you want to help them, you have to tell them
- When you have profit, try to save your capital first. They can use profit to buy things, enjoy life or reinvest it but initial capital should be saved.
- When you have loss, tell them that it's not the end of the world. Opportunities will come later but they must be calm and smart.

Tell them to not touch altcoins because they will lose money to altcoins.

[sunsilk]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

I've done that with my friends who stayed intact with me in bears and bulls. Many have already let go of their hands together on this journey but only a few that can be counted with fingers stayed with me til' the end. Anyway, I've got no problem with the ones that held with me until they have finally sold.

They have regretted their decision after seeing the low price this time but that's how their journey was and can't go back anymore because they find it too expensive based on their living situations.

Although it is a sad thing that there have been stories in the past that many can't take the bear market because it's either their first time or they've lost a lot on it and don't know what to do.

I think most of those that have sadly ended their lives and committed what shouldn't be done were majority victims of the scam projects like luna.

[cryptoaddictchie]

Theres a lot of news before regarding suicides when the luna crash had happened in the past and it really did broke a lot of people who have invested much in that project. Can relate cause I myself got hit with the ust downfall and all I can get is the airdrop they allot for those who suffered. Well really learn my lessons with that incident that you cant fully trust even its a top ranking blue chips plus followed yp by ftm crasg which really makes people very scared.

[Ruttoshi]

OP, I will suggest that if we have any of our loved ones that are into bitcoin investment, we should bring them into the forum so that they can learn on their own here and have the knowledge about the bull and the bear market, and also when to sell and when to hodli.

It isn't compulsory that everyone must sell their bitcoin during the next bull market because some investors will prefer to continue with hodling and accumulating because they have not yet reach their bitcoin target.

What if your love one who is into bitcoin is very far from you and you tried to get in touch but it didn't go through, this means that they might still become victim and that is why I said that the forum is where you should introduce them to, so that they can learn and understand bitcoin price movement and how to control their emotions.

[blckhawk]

To commit such acts just because of a problem in the market, it's kind of weird for that to happen and I don't think that it's a likely thing to happen. I think that it's not your responsibility to check on your relatives especially if you didn't have any part in them getting into crypto, maybe a little concern would be enough but checking up on them isn't or shouldn't be your responsibility. Although my first advice would be neglected if the case was that you pestered them into getting into crypto, they're definitely your responsibility otherwise you don't have to be as involved.

[Majestic-milf]

 You raised a valid point here but they should have known before investing in cryptocurrency that it's a venture that is riddled with risks and if they aren't strong to bear the resulting effects of either a bear season or a crash, it's best they don't get involved, right?
Life has ups and downs and don't get me wrong but don't you think it's quite cowardly to have suicidal thoughts when things don't go your way? I feel it's the challenges that don't kill you that makes you stronger.

 The way I regard Bitcoin investment is like a gambler staking a game that has a 50/50 odd of either winning or losing. Which means, the price of Bitcoin could be favorable or not.

[ultrloa]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

This crime committed will not happen if they are just been careful dealing with their investment especially with their expectation towards what will happen to that particular event. If they just know on when to take their money out while they are in profit for sure doing such nasty crimes will be out on their minds. But since you or we are there for them then its best to guide them up about the situation that might possible to happen on bull run and the after events so that they will not fall on thinking that it may always go up and it will not fall since to many people got caught up with that and lose a huge stash on their balance.

We really need to keep in touch with them so that we can properly guide on their possible decision making so their experience on bull run season will be more good than any other people still speculating.

[AprilioMP]

Before Bull Run, Bitcoin investors didn't have much money. After Bull Run, Bitcoin investors a lot of money. Good humor.

A person's attitude in life is not good if it depends on financial conditions. When rich or a lot of money, attitudes and appearances remain as usual when there isn't much money so that our situation cannot be measured. Attitudes that always prioritize simplicity will be easily accepted by anyone from different ages, experiences and financial levels.

Everyone will help if we fall with their abilities if the attitude we practice in the environment is simply without arrogant when a lot of money.

[Pandu Geddon]

that's why more of us want to maintain our privacy with Bitcoin ownership from anyone around us. including with neighbors and relatives.
but still I don't expect anything bad to happen to my investment assets. it might be frustrating but I will try to restrain myself.
I don't know what makes people so frustrated and leads to silly actions because of losses from investments made. maybe because the money used is not his own money, or the result of borrowing. if it was my own money, I don't think there would be a problem.

[Z390]

It's not a must to invest in crypto currencies, if you can commit crime because of bear market you are someone who can do anything for money and that makes you a cheap idiot, this is not an excuse, it's not a must to invest, if you can't do it now, the time will come in future, there was a time where I can't invest any money in Bitcoin, I gently walk away and do more readings on Bitcoin for the time being, only losers force things the wrong way, people like this can hurt the innocent for their own survival.
The funny thing is going bad won't solve anything, imagine stealing to invest and karma strikes you later, there is consequences to all actions, you are a criminal by mind and blood if you use the bear market as an excuse to do the wrong things to acquire money or to survive.
Before the bear market arrives, there is a lot of time to get prepared, most people that engage in bad activities for survival are the ones that don't want to take the hard roads, they want the easy ways, instead of them getting a job and save up some money they won't, they have 1000 problems and they are good at complaining. If you go bad because of crypto it's your fault and that's because you are already a evil person before bear market strikes, this is not the first time recession will hit the World and people survived.

[Marvelman]

You make a fair point. I can relate, since I also couldn't invest in Bitcoin at one time and  i decided to learn more about it first and waited for the right moment. Rushing into things the wrong way never works out well. Choosing the wrong path causes problems later on, that's for sure.  It's important to think about how our actions might affect the future.

[Broadanbig]

I have heard about many things that happened as a result of this two incidence. I have this friend of mine whose elder brother had Bitcoin and it was bull run then and the price of Bitcoin keeps increasing and according to my friend, his elder brother was advised to split his Bitcoin into different wallets for his safety but he refused as a result of the fact that he wants to be seeing his investment grow in one wallet coupled with the assets value he paid deaf ears to the advise. A week later, he got hacked and all his Bitcoin was stolen. It was like a dream to him that he lost his Bitcoin assets and  a night mare to him that his hard-earned resource was stolen just like that.

Ever since that experience my friend told me his brother has not been storing his assets in a particular wallet but in different wallets for his safety if eventually one is hacked the others would be safe.

OP, this topic made me remember this incidence because that period when it happened to be frank it was a very tough and rough time for him as they were constantly checking on him to know his state of mind so as not to do otherwise.
If you have a friend and a brother into Bitcoin do well to always check on them and advise them if you can. Play your role as it matters and watch how they respond to your opinion or advise.

[Lucius]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency.

The question is how did these people come to invest in cryptocurrencies in the first place? If you are the person who pushed them in that direction then it makes sense that you take care of them and their investments because you are somehow responsible for them. Otherwise, I will certainly not interfere in someone's financial decisions, because in the past it cost me not only nerves but also money.

No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

This is true, at least for those who value life more than money and material things, but there are always those who do stupid things in life and behave frivolously. It is very difficult to help such people, because they do not learn from their mistakes and, moreover, they do not want to listen to well-intentioned advice.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

Aren't people drinking too much and driving recklessly whether we are in a bear market or a bull market? I see such people almost every day of the year and they don't need any reason to do something stupid in their life.

[Antotena]

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

When I lost money to bitcoin, I will not worry about that because I know that a time will come that it will survive, it will get a new life and will grow again, this is what some people caught up by bull run excitement don't understand. Check their wallets and the tokens that broke them, they don't have a single sats on their wallet, it's altcoins and meme coins because they want to make the type of money their long time friend that had been here want to make and in the process, they buy at all time high and crash. This is why they need to have knowledge before investing, buying the right coin will give them hope, I don't know if altcoins gives hope because they keep falling in every 30 days candle.