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Nairaland Forum / Nairaland / General / Health / Nigerian Man Commits Suicide After Losing Money He Invested In Crypto (42338 Views)
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Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Timoleon(m): 1:26pm On Mar 12 |
Procashtips: K. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Xtdott(m): 1:43pm On Mar 12 |
How did he lose money, when the market is in a bull run.. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by IyaTola: 1:57pm On Mar 12 |
Samuelojonla123: |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by DenreleDave(m): 2:03pm On Mar 12 |
will you send to me if you dont want it again also i can help you manage and grow it 3kay945: |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by capnies: 2:24pm On Mar 12 |
Righteousness2: PREACHER OF DOOM. SO YOUR GOD HATES HIS ENEMIES BUT ADMONISHES YOU TO LOVE YOURS. A CREATOR THAT CAN TAKE THE BEST OF HIS CREATION AND TORMENT FOR ETERNITY IS WORST THAN THOSE HE CREATED, AND IS NOT FIT TO BE CALLED GOD. if you want to listen to the truth from the Bible, please join our online CHURCH FORUM through WhatsApp every Sunday. Send. Your number to capniesa@gmail.com AND GOD WILL BLESS YOU RICHLY |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by insabarnur(m): 2:30pm On Mar 12 |
This is the biggest scam of this year..at a time when every crypto and it tokens is gaining and pumping. Every single person that invested in crypto this year barely 3 months have made decent profit... There's something fishy here. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by lanre316: 2:34pm On Mar 12 |
NOwazobia: It's even good as they're discrediting it. We don't want crowds in the crypto business, biko. Let the few who can learn and master crypto trading, manage their emotions and properly manage their risks continue trading secretly and making their secret millions as they have been doing for years back. We don't want crowd abeg. Let everybody else go and do betting. At least, Nigerian government support betting. 4 Likes 1 Share |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by lanre316: 2:47pm On Mar 12 |
mindworx: Then it's not crypto that kill the man. It's lack of skills in risk management that killed him. Lack of this skill can affect in any other business/trade too. The basic rule of trading (any trading, not just crypto) is: do not enter the market with more that 20% of your portfolio. Have reserve funds to cushion the effect if market goes against you. Besides, in this highly volatile unpredictable market where the bull run can reverse suddenly any time, it's suicidal to trade futures in any direction. You only do futures in a relatively stable and predictable market and not with your entire portfolio. 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Popesuccess(m): 2:48pm On Mar 12 |
immortalcrown:The idea of quick and easy money that came into this country through sport betting is destroying many people. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by crossbreedwears(m): 3:01pm On Mar 12 |
Invest in what you can afford to lose MrBrownJay1: |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Osanoghodua1: 3:07pm On Mar 12 |
May God help his family cos you have no right to take your life. I lost all in 2018 to crypto including my wedding fund. God sponsored my marriage bills. I started sleeping on the ground after marriage with pains. I knew God will help me despite the mistake was mine. Suicide is a free ticket to hell. 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Agentsalt: 3:08pm On Mar 12 |
Reason while we have stop lose. On 5th of March there was a major dip from 69 to 59 within few hours, what if he was all on long (which is reasonable in bull run)?[/quote] |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by ubimagos: 3:09pm On Mar 12 |
Lucky no get papa! Where the papa name? |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Simonobodo(m): 3:09pm On Mar 12 |
What do you suggest they learn? MrBrownJay1: |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Idaytesj29(m): 3:23pm On Mar 12 |
NaijaCoverBlog: Why invest money into cryptocurrency when you can earn the coins for free. They just don't want to do the hard work and wait the long years to enjoy the industry as a poor man. Not everyone is a Elon Musk that 1 million USD is like a normal day In the office. For a newbie or poor man, just work hard without investing a penny on projects like Pi, Ice, Over Wallet, Bee, Athene, etc follow updates and hope that you get lucky soon. The Ice network coin, I got 5000 Ice Coins in my OKx wallet now, valued at 35 dollars, in the next 10 years, It may be valued at 20,000 USD just like Bitcoin. Who knows, and it may not be up to that or nothing sef. But you have lost nothing. Life is a risk, but I cryptocurrency, if you cant afford to lose the money, don't invest it especially a poor crypto enthusiast. 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by InvertedHammer: 3:31pm On Mar 12 |
MrBrownJay1:/ The question is: How many people really have enough money to trade crypto/forex? They throw in as little as $5k equivalent and start making noise all over the place. One flash crash and it is a journey back to the village. / 1 Like 1 Share |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by millionboi2: 3:32pm On Mar 12 |
bestman09:no mind the news jor,xpt he traded futures. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by MrBrownJay1(m): 3:56pm On Mar 12 |
crossbreedwears: the above is exactly what they say about BETTING/GAMBLING too. Simonobodo: come on bro, there are million things they can learn than Forex/crypto InvertedHammer: true, but then again what do you expect when so many are quick to try to sell these unfortunate people a pipe dream? |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Mummiesboy: 4:24pm On Mar 12 |
bestman09:Teach me I want to invest too |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by AerialMapper: 4:41pm On Mar 12 |
This same crypto that is pumping? He probably dabbled into leverage trading or a rug pull |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by reiddecuti: 4:46pm On Mar 12 |
Huracan: 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by lendahand(m): 4:52pm On Mar 12 |
Samuelojonla123:I have lost what a normal person shouldn't lose, at a point my BP rose sef, I'm still trying to adjust my lifestyle inorder to crash it. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by lendahand(m): 4:54pm On Mar 12 |
bestman09:who said so?? |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by iLegendd(m): 5:04pm On Mar 12 |
MrBrownJay1:Because a road is 6 lanes doesn't mean you should put all your 6 cars and even borrowed ones on each road. Keep 4 at home and drive only one. Even that one you're driving, make sure you drive carefully, else you'll die. 4 Likes |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by MrBrownJay1(m): 5:15pm On Mar 12 |
iLegendd: abeg bro, speak English.... you can only drive one car at a time, so whether the road has 6 lanes or not, you will only drive ONE of your car on that road. even if you diversify your portfolio, the fact is: 80% of newbies who start doing trading/crypto (with all the yeye course/teaching/classes they took) lose their whole investment. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Dundalk(m): 5:20pm On Mar 12 |
iLegendd:boss as I hear porthacourt u just come to my mind.. |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Real2088: 5:51pm On Mar 12 |
[quote author=Emmanuel909090 post=128895503]I can relate RIP, crypto is not for the faint hearted.[/quo te] what about SPORTY? 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by grandstar(m): 6:10pm On Mar 12 |
When everybody becomes a stock analyst, you know you're at the height of a bull market. Why? Because the only way is up. The same with crypto. When your cousin who read Ogoni language starts giving you which cryptos to buy, you better run! 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by darediamond(m): 7:12pm On Mar 12 |
MrBrownJay1:As for Forex, you are correct because of LOT size which you are forced to use but which is not Needed. In crypto it is people who do betting or FUTURES that loose money anyhow. If you learn how to trade on Spot Market using simple combineable sharp shooter indicators like BOLLIGER BAND and STOCHASTIC RS ( BollStoch Allingment), you will always be in profit Trading either Bitcoin or any other Krypto that Follows BTC Volatility closely like Ethereum, BNB, Floki Inu, C98 etc. BollStoch Allingment is what I use and ready to teach anyone who wanna learn at a low Fee. ** I DO NOT DO NOR TEACH FUTURES TRADING** ::: SAY NO TO GREEDINESS AND IGNORANCE!! |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Emmanuel909090: 7:27pm On Mar 12 |
[quote author=Real2088 post=128905201][/quote] Lol, o can't relate.. I don't do sporty 1 Like |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Emmanuel909090: 7:28pm On Mar 12 |
Samuelojonla123: I swear |
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by blueAgent(m): 8:02pm On Mar 12 |
lagdmark: Which government?, this useless clueless government. |
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