I just can't understand why people put more into this than they can afford to lose. There are so many warnings not to do this everywhere. This is part of the risk of investment. I thought every investor would be aware of this. And even if you did lose everything because you put too much money into crypto then seriously dude.. why would that make you depressed? It's only money. Try meditation and come to the realization of the transient nature of all things. Our death is already certain, you should enjoy this short life that we do have, go out and explore the world and make real connections with people. You definitely don't need money to do that. It's something nice to have but if losing it is making you suicidal then you must look deeply into yourself, your life, and your priorities as such thoughts are indicative of a more serious underlying issue that has nothing to do with money. What's the solution? I already said it.. meditation and the realization of transience. You'll see how trivial and funny a thing money and all material things are then.
I'll tell you why. Because they're greedy!
If I were to explain the current situation to a new panicking investor, I'd tell him to see it as a safekeeping. You weren't satisfied with the state of your fiat money that was losing value when put into a bank account or held in the form of cash so you bought something that is going to keep growing. Something that has a booming economy behind it and something that can't be taken away from you. Something that is limited in numbers. If you have coins keep them just like people who bought at $1000 kept them when the price went down to $200 because later it went back to $20000!
This is the worst case scenario that would ever happen if you invest a lot of money on a certain currency and you expect to profit a lot, As I always said from my previous replies on different thread, it is best to invest only the money what you afford to lose and do not expect too much from your investments. Majority of the time expectations leads to disappointments and that kind of scenario is very depressing.
Suicide is not the solution to all the problems in the world even if you lose a lot of money it is still not the solution. Life is more valuable than the money that anyone lose even if its a very huge amount. Maybe not all people can help in financial aspects in here but We can help with our inspirational words.
To all of our brothers and sisters in here who lose a lot, It is not the end of the world there is still hope as long that you're breathing.
