Post
Topic
Board Nigeria (Naija)
Re: A man shot himself on live stream after Losing his money to a menacing rug
by
Bravethug
on 09/03/2025, 11:30:36 UTC
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


The worst thing that could happen to anyone is losing a huge fund, getting involved with cryptocurrency requires a lot of emotional intelligence to be able to make informed decisions in term of losses. There are a lot of wolves in sheep's clothing waiting to take advantage of unsuspecting traders and we all must be careful out there. It's quite unfortunate that he had to take his own life which obviously wasn't the best way to handle the loss. Crypto is definitely not for people who can't handle losses, it's just very devastating to hear that someone lost their hard earned money and losing their lives too. People should stop putting all of their funds in meme coins or any other shit coins, even in Bitcoin that has been recognized all over the world we still use safe strategy to invest, talk more of other coins that has no meaningful history.

In as much as we are aware that this things can happen to anybody, am of the opinion that people should stop taking this kind of risk that may lead them to unbearable loss, for such individual to consider taking his own life, it means he took a risk that is beyond what he can bear, why didn't he consider investing in bitcoin that has more trust than taking such uncalculated risk, I think may be doesn't have a good knowledge of bitcoin or he was chasing quick money may be thats the reason why he became a victim of such but there's no justification for anyone to take his or her own life just because they lost some amount of money that he or she may even get back in the future that's too bad, as a person that has interest or person that's already in the crypto industry, you must be very observant or careful to know when dubious elements want to strike, this is the reason why it is not even in any way advisable for anyone to invest in any other coin apart from bitcoin, am so pained about this kind of ugly event but it should also serve as a lesson to many people in the crypto industry.