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Nigerian Man Commits Suicide After Losing Money He Invested In Crypto - Health (2) - Nairaland 2n5m6v

Nigerian Man Commits Suicide After Losing Money He Invested In Crypto (43261 Views)

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Artscollection: 11:18am On Mar 12, 2024
esky158:
#First rule of Crypto
Buy food before u buy coin cus u fit die before coin go rise dem go use dey money bury u enjoy first before u die

Crypto na gambling but i like It. I call it regulated gambling and you have to be emotionally strong honestly.

6 Likes 1 Share

jericco1(m): 11:18am On Mar 12, 2024
Crypto and sports betting are not different

9 Likes 1 Share

Timoleon(m): 11:18am On Mar 12, 2024
Samuelojonla123:

I can also relate bro.....it's not for the faint hearted seriously.
The way your portfolio go dip in few minutes e go be like say make person run mad

A couple years ago, I almost had heart attack despite being a young and active man. Na forex trading wan kill me.

15 Likes 2 Shares

toujurs: 11:18am On Mar 12, 2024
immortalcrown:
Money is not evil but the love of money is the root of evil.
Obviously why, flowers are now exchanged for hard currencies in Nigeria.
Geovanni412(m): 11:18am On Mar 12, 2024
NaijaCoverBlog:


Source: https://www.instagram.com/reel/C4Ytz_YNK94/?utm_source=ig_embed&ig_rid=5df0e956-58f8-4d6d-9ef1-f414dc1199ca&ig_mid=B374C325-8339-480F-A53C-90F553EF326C

Sad the young man lost his life

God will give his family the strength to bear the loss

Never borrow other people's money to invest if you don't know what you are doing

5 Likes 1 Share

winner37(m): 11:19am On Mar 12, 2024
GOFRONT:
Chaii.....Tinubu


What has TINUBU gotten to do with someone who died foolishly?
Timoleon(m): 11:19am On Mar 12, 2024
jericco1:
Crypto and sports betting are not different

All na gambling.

2 Likes

jamafa: 11:20am On Mar 12, 2024
GOFRONT:
Chaii.....Tinubu

How's dx Tinubu fault??

You people self

1 Like

ejimatic: 11:22am On Mar 12, 2024
ItisHi: 11:22am On Mar 12, 2024
For this bull season wey everything dey pump abi na futures he go do?

12 Likes 1 Share

Kobicove(m): 11:24am On Mar 12, 2024
Samuelojonla123:

I can also relate bro.....it's not for the faint hearted seriously.
The way your portfolio go dip in few minutes e go be like say make person run mad

I still don't think it's enough reason for a 21 year old to commit suicide undecided

3 Likes

3kay945(m): 11:24am On Mar 12, 2024
I can't even my balance on Binance sef. Crypto isn't my thing.
THEPACIFIST: 11:26am On Mar 12, 2024
Looks like a degen player if it truly was crypto, or he was probably into Futures, a lot of people got liquidated due to the high volatility of the market at the moment.

3 Likes

holywind(m): 11:26am On Mar 12, 2024
...........Holyfvvck............
This is sad, very very
Omoapena(m): 11:26am On Mar 12, 2024
21year old loosing faith in himself, chai...

1 Like

THEPACIFIST: 11:27am On Mar 12, 2024
ItisHi:
For this bull season wey everything dey pump abi na futures he go do?
He might be trading Futures and bet against the market.
Or he probably aped into some shitcoins

7 Likes

Annymation(m): 11:28am On Mar 12, 2024
Lucky was not lucky
Procashtips(m): 11:28am On Mar 12, 2024
How did he lose money in crypto?

Maybe he sold BTC when it was at $19k mora than a year ago because every right thinking financial literate (Foreign exchange) knows that it was going up.

History is there as evidence

No one buys high or sell low.

Do not engage in a business you have no clue of Just because others are doing it.

2 Likes

Procashtips(m): 11:29am On Mar 12, 2024
Timoleon:


All na gambling.

And life itself is?
Pending: 11:31am On Mar 12, 2024
immortalcrown:
Money is not evil but the love of money is the root of evil.

The lack thereof is the root of evil.
spiSeyi: 11:31am On Mar 12, 2024
Anything to blacklist crypto by paid bloggers sad people commit suicide on losing money in other legit biz. Loss is inevitable in any form of investment even fixed deposit which is consider to carry no or little risk can incure losses if inflation eat up the interest and savings just like we have in Nigeria recently undecided .
Trading crypto is cool with a long term goal cool

8 Likes 1 Share

lagdmark(m): 11:31am On Mar 12, 2024
If the government warn them to be very careful with Crypto, they will claim government dey practice witchcraft

1 Like

Dan987: 11:31am On Mar 12, 2024
Totally agree.
There is a story behind his suicide action but only the headline was posted out there. In as much as I symphatize with the family embarassed embarassed embarassed[color=#990000][/color], the guy in my opinion never understood what he was getting into before he invested in Crypto.


bestman09:
Your news is not complete. He may have invested in ponzi or gambled with the money. Crypto is very broad and is not a business for everyone. BTW, we are in bull run now and if it is crypto he invested in, he should be in profits now, not loss!
Timoleon(m): 11:32am On Mar 12, 2024
Procashtips:


And life itself is?

How much you go gimme to answer?
Annymation(m): 11:33am On Mar 12, 2024
JChris01:
Money lost can be regained.

Life lost can be reborn
fredagu: 11:34am On Mar 12, 2024
Samuelojonla123:

I can also relate bro.....it's not for the faint hearted seriously.
The way your portfolio go dip in few minutes e go be like say make person run mad
I 2022 when I lost 8500usd on bitcoin I almost became depressed if not my family it’s not easy bro

3 Likes

Daystar7: 11:35am On Mar 12, 2024
MrBrownJay1:
then some criminals will be quick to tell Nigerians that investing money in Forex/Crypto etc is a safe way to make money, and/or that they can learn and be successful in it. lol! majority of Nigerians shouldnt go into forex/crypto because, the minute the price of these stocks/crypto is crashing down, they will die of extreme high blood pressure.

bros, better shine your eyes!



You're speaking out of ignorance... Whatever can make you money can loose you money too that's why education is important. You don't put ur money in something you know nothing about. You learn first.
I made my first million as a youth corper in Katsina by venturing into Onions and Tomato business with the guidance of an Hausa man that has been in the business for ages. I left the money in his care to make more after my service and the plan was for him to Make more during the mber months esp December festive period then we split and go our separate ways, guess what he destroyed the business and the money cos he failed to heed to my guidance. All the millions was wasted with just one bad decision by him. The same man that's been doing this business for years due to his lack of education. He just didn't understand times and season. Forex and crypto will bless you if you take ur time to get proper education and it has enormous potential to make you millions fast. So it's basically education in every business not just forex and crypto.

8 Likes

Daystar7: 11:39am On Mar 12, 2024
Timoleon:


All na gambling.

It's not gambling, is banking gambling?
LIVINGICONREBOR: 11:41am On Mar 12, 2024
Now wey bull run dey for crypto. Or he got ripped by scammers.🤔

1 Like

Huracan(m): 11:41am On Mar 12, 2024
reiddecuti:
That crypto is one thing I don't understand and I pray I don't understand it.


It's better I stake my money on 2 odds betting. If e enter I celebrate; if e go south I count my loss and move on.

I borrowed 200k from eazimoni play one useless game odd of 1.11. lose am. I no fit laugh and I no fit cry..just smiling bro. But where I wan get money repay these people

5 Likes

NOwazobia: 11:43am On Mar 12, 2024
Very anyhow heading with no details or prove.



If na so people dey kill demself anytime they lose money for crypto, we for dey see dead body everywhere.


Rubbish.


If it is true, then he is an idiot.

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