Post
Topic
Board Nigeria (Naija)
Merits 2 from 2 users
Re: A man shot himself on live stream after Losing his money to a menacing rug
by
Umulala-alala
on 27/02/2025, 07:36:35 UTC
⭐ Merited by CryptopreneurBrainboss (1) ,Marvelockg (1)
This stuff is getting way at of hand , there are too many rug pulling now and days especially in solana meme coin, that’s why kept telling folks to stay away from meme coin trading, especially if you know that you can’t handle losses , the painful truth is that there still project at there that are getting ready to rug some folks of their funds .
This space is not a friendly place you can make money from it you can also lose from it .there might be other reasons added why he took his life but still memes trading not advisable at all, and please be safe at there.

The link to access the post : https://x.com/waverchocs/status/1893308084136620295?t=fH9jbo68QoRY6VWAP7SzGA&s=19


Commiting suicide after losing all your funds while trading  meme coins is the worst action any individual could take, because In most cases, it's likely maybe that amount he traded and lost might not have been his personal money but a borrowed fund, which he risked trading with the intention of multiplying capital, but unfortunately it ended up in lost, which is also a sign to show that this individual never had proper knowledge about trading before venturing into it, most especially crypto and meme coins that are most volatile. Because as a newbie, it's advisable they invest in Bitcoin and hold for long term, rather than risking funds in meme coins.
E for make sense say na bitcoin e invest into self rather e choose meme coin may e go don get wrong information way concern online investment or all this ponzi scheme he might borrowed to invest the thing come go down but commiting sucide shouldn't have to be his option na there way e fuck up, e good make we just invest for bitcoin as you talk bitcoin na e be the best coin to put money inside, sometimes too some persons fit think say na bitcoin them dey invest to not knowing it is meme coin due to lack of proper information or knowledge.