This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?
Well, if you lost more than half of your capital in just a short amount of time, you will be saddened, and that will create a domino effect already. You will feel disappointed of yourself because of your decisions, you will feel sad because you lost your hard-earned money, and many more.
High BP, suicide, heart failure, and many other illnesses are just the aftermath of your emotions whenever you see your portfolio going down every single day. It's sad, but that's part of investing, and when it comes to the market, nobody cares about your emotions as an investor. We've seen somebody taking his own life after losing around $40M in the October 10th dump, and the only thing that we can do is to mourn about it while the market? It just continues to do what it does. Giving money to those who can maximize it while taking the money of those who don't.
What measures can be considered? It's either you will take the risks of investing, and you accept the consequences once things don't go your way, or don't invest at all. Learn to accept that losing in investing can happen. The things that you said aren't alarming, and it's happening more often that you know. It's just that, it's not being known online because nobody sees it to happen.