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

Nairaland Forum / Nairaland / General / Health / Nigerian Man Commits Suicide After Losing Money He Invested In Crypto (41624 Views)

Young Man Commits Suicide After Losing N1.5 Million In His Bet Account (photos) / Zimbabwean Man Commits Suicide After 18-Year-Old New Wife Deprived Him Of Sex / 19-year-old UNILORIN Student Commits Suicide After Losing N300m To Forex (2) (3) (4)

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Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Artscollection: 11:18am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by jericco1(m): 11:18am On Mar 12
Crypto and sports betting are not different

9 Likes 1 Share

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Timoleon(m): 11:18am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by toujurs: 11:18am On Mar 12
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.
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Geovanni412(m): 11:18am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by winner37(m): 11:19am On Mar 12
GOFRONT:
Chaii.....Tinubu


What has TINUBU gotten to do with someone who died foolishly?
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Timoleon(m): 11:19am On Mar 12
jericco1:
Crypto and sports betting are not different

All na gambling.

2 Likes

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by jamafa: 11:20am On Mar 12
GOFRONT:
Chaii.....Tinubu

How's dx Tinubu fault??

You people self

1 Like

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by ejimatic: 11:22am On Mar 12
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by ItisHi: 11:22am On Mar 12
For this bull season wey everything dey pump abi na futures he go do?

12 Likes 1 Share

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Kobicove(m): 11:24am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by 3kay945(m): 11:24am On Mar 12
I can't even remember my balance on Binance sef. Crypto isn't my thing.
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by THEPACIFIST: 11:26am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by holywind(m): 11:26am On Mar 12
...........Holyfvvck............
This is sad, very very
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Omoapena(m): 11:26am On Mar 12
21year old loosing faith in himself, chai...

1 Like

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by THEPACIFIST: 11:27am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Annymation(m): 11:28am On Mar 12
Lucky was not lucky
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Procashtips(m): 11:28am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Procashtips(m): 11:29am On Mar 12
Timoleon:


All na gambling.

And life itself is?
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Pending: 11:31am On Mar 12
immortalcrown:
Money is not evil but the love of money is the root of evil.

The lack thereof is the root of evil.
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by spiSeyi: 11:31am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by lagdmark(m): 11:31am On Mar 12
If the government warn them to be very careful with Crypto, they will claim government dey practice witchcraft

1 Like

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Dan987: 11:31am On Mar 12
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!
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Timoleon(m): 11:32am On Mar 12
Procashtips:


And life itself is?

How much you go gimme to answer?
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Annymation(m): 11:33am On Mar 12
JChris01:
Money lost can be regained.

Life lost can be reborn
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by fredagu: 11:34am On Mar 12
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 remember 2022 when I lost 8500usd on bitcoin I almost became depressed if not my family it’s not easy bro

3 Likes

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Daystar7: 11:35am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Daystar7: 11:39am On Mar 12
Timoleon:


All na gambling.

It's not gambling, is banking gambling?
Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by LIVINGICONREBOR: 11:41am On Mar 12
Now wey bull run dey for crypto. Or he got ripped by scammers.🤔

1 Like

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by Huracan(m): 11:41am On Mar 12
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

Re: Nigerian Man Commits Suicide After Losing Money He Invested In Crypto by NOwazobia: 11:43am On Mar 12
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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