Do not be this man

[KiaKia]

There is no amount of money that's worth your life, if you lose it all you can do it again, before doing anything stupid please try to remember how you started, you had nothing and you made something still, you can do it AGAIN.

Rip to a crypto brother who unfortunately couldn't take the loss after the sudden crash of the market.



This is very sad, someone lost $19,000,000 maybe his him? I don't know because this data was on chain, no one knows who the real owners of those addresses are, there was another who lost $2,000,000 too, no one saw it coming and it happened very fast, it must have been very hard for him.

I lost money too, I used cross margin and I lost everything but It doesn't bother me because I am still alive and not dead, I lied, it does bothers me but I will get over it, if you lost anything you can make it back again, crypto and trading isn't over, don't take your own life for mony that's always been printed. It is not worth your LIFE.

[Shineup]

There is no amount of money that's worth your life, if you lose it all you can do it again, before doing anything stupid please try to remember how you started, you had nothing and you made something still, you can do it AGAIN.

Rip to a crypto brother who unfortunately couldn't take the loss after the sudden crash of the market.



This is very sad, someone lost $19,000,000 maybe his him? I don't know because this data was on chain, no one knows who the real owners of those addresses are, there was another who lost $2,000,000 too, no one saw it coming and it happened very fast, it must have been very hard for him.

I lost money too, I used cross margin and I lost everything but It doesn't bother me because I am still alive and not dead, I lied, it does bothers me but I will get over it, if you lost anything you can make it back again, crypto and trading isn't over, don't take your own life for mony that's always been printed. It is not worth your LIFE.

Whether the story is actually true or not I will never be like him, we have heard numerous similar stories and to honest nothing really worth taking our life but one thing for sure is that humans dynamic mentality, everyone might tend to act and behave differently if found in the same situation, when it comes to money lost, I will tell my self that I made this money of course I can do it again it will only take time or it can even come back much more than I expected, there is no reason given up on yourself, infact there is no given provided if I am still alive, is a sad story and may his soul rest in peace.

[Zaguru12]

I lost money too, I used cross margin and I lost everything but It doesn't bother me because I am still alive and not dead, I lied, it does bothers me but I will get over it, if you lost anything you can make it back again, crypto and trading isn't over, don't take your own life for mony that's always been printed. It is not worth your LIFE.

This is where I still respect the advice which says “invest what you can afford to lose” this same phrase goes to trading too, no matter how likelihood the success rate of a thing is should always consider the ‘If’ that will happen later. They were so many people that got liquidated yesterday was of it was that on some exchanges even stop loss were not triggering yesterday due to application lagging and this wiped out most people capital most especially those cross margin traders.

Seriously it is very hard for some people to deal with right now but if you’re simply holding bitcoin and not some other Altcoins I think you don’t need to panic much, this thing that happen yesterday is still more like a warning to newbies that the market is definitely volatile and can be extremely volatile if it wants to, as such take it as a warning to guide yourself from trading

[_act_]

This is where I still respect the advice which says “invest what you can afford to lose” this same phrase goes to trading too, no matter how likelihood the success rate of a thing is should always consider the ‘If’ that will happen later.

With how loud people are that bitcoin price really dropped, anyone that invested in bitcoin when it was at $125000 will not really be losing now.

Let us take for example that someone invested $1 million. Bitcoin price right now is $112500. The person will still be having around $890000 in asset now.

The problem is that people are trading, using high leverage with it. Or they are trading or investing in shit coins.

[pawanjain]

There is no amount of money that's worth your life, if you lose it all you can do it again, before doing anything stupid please try to remember how you started, you had nothing and you made something still, you can do it AGAIN.

Rip to a crypto brother who unfortunately couldn't take the loss after the sudden crash of the market.

snip

This is very sad, someone lost $19,000,000 maybe his him? I don't know because this data was on chain, no one knows who the real owners of those addresses are, there was another who lost $2,000,000 too, no one saw it coming and it happened very fast, it must have been very hard for him.

I lost money too, I used cross margin and I lost everything but It doesn't bother me because I am still alive and not dead, I lied, it does bothers me but I will get over it, if you lost anything you can make it back again, crypto and trading isn't over, don't take your own life for mony that's always been printed. It is not worth your LIFE.

It feels bad when we hear such news about people doing a suicide. Suicide is not an option. We should learn to face the problems while staying strong.
May be he would have lost a lot of money but that's nothing compared to his life. He could have started fresh, although he may or may not have reached the same size of portfolio but he would still be alive.
This is also one of the reasons why we should consider holding the coins in a non-custodial wallet instead of trading it in futures.
Even I had my funds liquidated but it was just around $170 which is something I can afford to lose while the rest are in my wallet.
I am sure that the prices will recover sooner or later and so I will keep holding them staying focused on my long term goals.

[Hatchy]

The dump on the market yesterday was way too much, but it's not the first we've seen and won't be the last. I wonder what people think that the market will just be bullish for ever? I saw someone the other day who said he opened a long position on bitcoin during the last dip using a high leverage too, he was actually very confident that he would hold till bitcoin gets to $200k. Well I'm not saying it's a bad thing, but what he was thinking I don't know. Bitcoin is meant for long term investment not a short term trading hodl. You might get liquidated in a sudden volatile market. I'm very sure that person as well would have lost a lot right now.

The fact is we should be ready for anything that happens in the market. It's not all going to be blues, the bears will always kick in and still have their fun. Taking your life just because you lost is the most stupid idea you can ever make as a crypto investor.. rip to the ones who were lost and those who lost but still had the courage to stand, kudos.

[Dan Arewa]

This means some of these investors are not prepared to face the crypto market condition.
Is this the first time that this market is crashing fast like this? This has been happening for several years I done or hear, I am surprised why will this investor will kill himself for market situation that is temporary?
Its sad to see this news, I hope people prepare themselves for any market situation.

[Wiwo]

I quite funny how people think sometimes, why shoul you invest so much in an assets like bitcoin that it  price have some consistency im data and cycle repeatability this should have been the most appropriate time to liquidate your portfolio at the top and waiting for discount price drop like this to buy back.

Although we cant verify if ot the market crash that cause the death of this guy, he may have been assassinated at some point and blamed on bitcoin or cryptocurrency loses.

Investigations is going to reveal the real cause of his death and sure we will read about it aince he is a big name in the cryptocurrency market.

[Darker45]

As always advised, do things moderately. Don't bite off more than you could chew. Invest only what you can afford to lose. If we lose a good night's sleep because of a big yet normal movement in the market, then we're probably going too far with our investment. If our emotions grow uncontrollably strong, easily triggered by a normal, even healthy correction, then we're probably in too deep. Perhaps to divest a certain amount is prudent. We should probably revisit both our financial capacity and risk tolerance.

[Peanutswar]

This is the reason why becoming a lowkey is the best but seems some of the crypto influencers are into promotions so the number of engagement the number of followers could use to invite other people to join them so cant blame them why they keep promoting and sharing their gains but the sad reality is for sure there are some evil eyes right there waiting for the right time, aiming for a good timing and opportunity to steal their money so reason why for me being a lowkey profile is enough than having a risk with your life.

[NewRevelation]

Ah! This is so bad and pitiful. A life lost because of money? Sincerely, is anything really worth to be compared to our own lives, or even the livthe of others? It's not easy anyways, going through the heart break and pain, yea, not easy at all. I remember when I lost some of my investments back then in crypto market (little portion left), I was so sad but I managed to surpass the feelings. Then I begin to imagine the feelings compared to this huge amount lost. It's just to heavy to bear.

But what can we say, should we kill ourselves? Nothing is compared to life. Now I understand this popular statement I have been seen all over the forum as I touring around and reading different posts frim different threads and boards, it's is, only invest what you can afford to loose. Yea. If he obeyed the rule and lost that which he could loose, he would only shake off and move on. But now, he or they are dead out of too much pain they can't bear. It's a pity, but we all have to learn from this.

[HajiBagi]

There is no amount of money that's worth your life, if you lose it all you can do it again, before doing anything stupid please try to remember how you started, you had nothing and you made something still, you can do it AGAIN.

Rip to a crypto brother who unfortunately couldn't take the loss after the sudden crash of the market.



This is very sad, someone lost $19,000,000 maybe his him? I don't know because this data was on chain, no one knows who the real owners of those addresses are, there was another who lost $2,000,000 too, no one saw it coming and it happened very fast, it must have been very hard for him.

I lost money too, I used cross margin and I lost everything but It doesn't bother me because I am still alive and not dead, I lied, it does bothers me but I will get over it, if you lost anything you can make it back again, crypto and trading isn't over, don't take your own life for mony that's always been printed. It is not worth your LIFE.

Everything you do in this life makes you see your life as the most important thing because there is no second chance, no matter what I face in life, I will never take my life because I only have one, even if I lose millions, I will never do anything that will lead to death, what will I gain by taking my life? It will not restore what I lost, nor will it change anything, no matter how it is I will bounce back when I am living because I believe that I can perform better than before.

This is another reason why we should always be careful with the way we invest, sometimes we have to invest what we can afford to lose, as an investor, you should know the kind of coin you buy so that at the end you won't regret buying it, I believe he did not invest in bitcoin because if he was a person who liked bitcoin more than other coins, he would not invest the kind of money into another investment that would lead to his death, we should be careful about how we invest and remember that our lives are really precious to us.

[xmrhopium]

A whole group of kids who used to get mad and throw their video games controllers at the TV when losing are now leveraged in the crypto market........very sad man.

Rip to a crypto brother who unfortunately couldn't take the loss after the sudden crash of the market.

Is this the incident of today where the person got shot in Ukraine or did it happen yesterday on exactly World Mental Health Day, as some sites posted about it 14 hours ago which is on 10th of Oct?

Maybe the dude was managing investor's money in crypto and those investors were expecting higher returns at end from him or their companies who was/is running these trading business, then the crypto got rug pulled, left him with no any options then probably he realized he had invested those funds in the mud with no future except going down and down like (bottom of the bottle).

This is the reason why becoming a lowkey is the best but seems some of the crypto influencers are into promotions so the number of engagement the number of followers could use to invite other people to join them so cant blame them why they keep promoting and sharing their gains but the sad reality is for sure there are some evil eyes right there waiting for the right time, aiming for a good timing and opportunity to steal their money so reason why for me being a lowkey profile is enough than having a risk with your life.

Exactly, but these people direct jump into the scam shitcoins or very risky leverage trade and keep influencing them, they think they made it big and either lose everything within the short period of the time or keep gambling again and again in search of massive profits, until they have nothing left but expenses and a lifestyle back away from nor fund.

A guy with a lambo usually wouldn’t do something like that madness unless they're under heavy stress or on high drugs.

[Salahmu]

I quite funny how people think sometimes, why shoul you invest so much in an assets like bitcoin that it  price have some consistency im data and cycle repeatability this should have been the most appropriate time to liquidate your portfolio at the top and waiting for discount price drop like this to buy back.

Although we cant verify if ot the market crash that cause the death of this guy, he may have been assassinated at some point and blamed on bitcoin or cryptocurrency loses.

Investigations is going to reveal the real cause of his death and sure we will read about it aince he is a big name in the cryptocurrency market.

It could also be what happened but is only evidence that can prove it, if we think outside the money he invested we might also presume that he didn't invest everything he had on that investment, perhaps he could have still have some good funds outside this investment so definitely if there are other sources for him cutting it this shot was the worst thing to do because everything is not yet lost for him. So is possible another thing could be the cause of this and is being framed to look like what the media is saying about him because if somebody lost his life and they found him with his smartphone or gadgets showing that his account is blown people will definitely produce the news as the results of what he lost.

[Bigjoe33]

I lost money too, I used cross margin and I lost everything but It doesn't bother me because I am still alive and not dead, I lied, it does bothers me but I will get over it, if you lost anything you can make it back again, crypto and trading isn't over, don't take your own life for mony that's always been printed. It is not worth your LIFE.

This is where I still respect the advice which says “invest what you can afford to lose” this same phrase goes to trading too, no matter how likelihood the success rate of a thing is should always consider the ‘If’ that will happen later. They were so many people that got liquidated yesterday was of it was that on some exchanges even stop loss were not triggering yesterday due to application lagging and this wiped out most people capital most especially those cross margin traders.

Seriously it is very hard for some people to deal with right now but if you’re simply holding bitcoin and not some other Altcoins I think you don’t need to panic much, this thing that happen yesterday is still more like a warning to newbies that the market is definitely volatile and can be extremely volatile if it wants to, as such take it as a warning to guide yourself from trading

Totally agreed. Always invest what you can afford to lose. Yea, thats it.

I keep thinking about this ugly incident and this shows that investments and trading can be so risky. Just imagine that great lose resulting from market sink. Well, this points to the great point that whatever we do, we must not allow greed over ride us.  Why trade such a big amount while you no anything can happen at any time? We know trading is a two way thing, it's either it pumps or sinks. Now it sinks, Ans life sinks alongside. Too bad.

This is too painful, but a big lesson to us all.

[Nwada001]

This man took his own life because of the fear and shame of facing those who have invested heavily in him as their asset manager, as he's a known public figure who is also the co-founder of Cryptology. I read that part of the money which he used for trading about $10 million dollars belongs to Ukraine military intelligence, and this Trump 100% tariff announcement just helped end everything he was left with after his platform suffered from a scam token that cost them millions.

It was too much for him to handle, but not enough to take his own life with a gun which was said to be awarded to him by the Ukrainian military leader Kyrylo Budanov. The risk of managing public funds is just too much, but there is legal protection for this kind of business unless the investment and loan agreement does not cover this part of the loss.

Source: 1 , 2

[SOKO-DEKE]

This is the reason why we should always get prepared for the worst in the cryptocurrency industry and The only way we can stay prepared is by investing only what we can afford to lose. We should not go beyond what we can't afford to lose, because the worst can happen in crypto at any time, any hour.But when we are prepared, even if the worst happens, we will still be okay and not too frustrated because we have a backup plan.

Again, it is better to have different types of investments, including physical investments. Don't rely solely on Bitcoin or cryptocurrency.The painful part is that the entire market can crash unexpectedly. Situations like this do happen. I don’t know maybe some people don’t learn from others. If they did, they wouldn’t take that kind of big risk.

[suzanne5223]

There is no amount of money that's worth your life, if you lose it all you can do it again, before doing anything stupid please try to remember how you started, you had nothing and you made something still, you can do it AGAIN.

Rip to a crypto brother who unfortunately couldn't take the loss after the sudden crash of the market.
[snip]

Thank you for this kind advice. However, there's more to this story.
First, the information provided didn't confirm whether the demise lost his life through suicide, and based on the physical attack on Bitcoiners who are well known, there's a chance that the demise lost his life through a physical attack that may have led to the loss of his BTC.
I just hope the authorities did more research into the reason behind his death, not the media's cooked-up story, because the person I am seeing has experience in the market and can easily make money out of the market to start over again, instead of killing himself due to the market crash

[Xchange$]

People should prefer losing money than losing life he could have still make such money if he has remain alive, i don't know how he was able to loss such big funds and also the particular crypto he invested in, he wouldn't loss such money if he had invested in Bitcoin i don't believe Bitcoin to crash to nothing, it could also be he invested almost all he had which is wrong if he had be buying bitcoin only with also money he can forget if at lost he would have die.
May his soul rest in peace.

[Ivystar5]

Damn! taking his love was extreme, I don't know the terms and conditions on the contracts and funds he handles or trades with but death is the final bus stop he could chose and it's not just a lost to his investors including family the money he probably lost was beyond what he could afford to loss just like it is in the every day say, risk what you can afford and he sure risked an amount he probably doesn't have in reserve for refund incase this kind of crash happens. Trump dump was a very big damage to a lot including me yesterday.