Some would blame the system for cases like this. But they are so wrong! The system is an opportunity to make things right even if there are some rough roads along the way. Emotional distress is the result of wrong decisions. Who we are and what we have now is the result of our past decisions whether good or bad. Trading success or failures are results of decisions. Which is why we should prepare ourselves from the very start for whatever outcome that may happen.
Yes, that's true, and it comes down to the idea of risk tolerance I think. Or risk intelligence perhaps. We should have great enough self-awareness and self-trust to know what is enough, and what is too much. These kinds of stories are sad examples of how easy it is to bite off more than one can chew. Especially in the thrill of the game, people can easily get carried away by these immense profits that can come with crypto (or any other form of trading, if done correctly). Trading is essentially a manifestation of emotions as we humans learn to face our fear or greed in it's ugliest form--money