Today is Sunday and I hope you are doing well hivers. We have seen that every crypto influencer always put a disclaimer in their content that this is not financial advice and only invest the amount that you can afford to lose or do your own research, such warnings are irritating for many viewers but after this incident, you can understand why they give warnings always. This is very important guys.
Be careful with speculative investment
A tragic incident recently came to light and everyone was shocked after seeing this when a crypto trader whose username is @MistaFuccYou on x and this person also known as “I’m really poor”, committed suicide during X platform livestream. The tragedy happened after he lost his last 500 US dollars worth of meme coins in a rug pull. He was Deeply involved in the uncertain world of crypto suffered huge financial losses in this field and got mental stress.
This is a tragedy and I know that but here is one thing you must know blind investment is harmful in every field and this is not only applicable for crypto. If you do the same thing with stock and forex then you will definitely going to lose your fund. Only invest the extra amount in crypto, stock, forex, or any other investment platform. Yes, crypto trading is more volatile but in this case, you can choose to hold your coin. We have held hive coins for a very long time and we have never faced such losses so disaster happens when you greed.
Suicide attempt captured on Livestream
In this horrifying livestream which shocked everyone, the guy loaded a revolver and said, "If I die, make me a memecoin." However, the gun misfired twice and also people thought that he was kidding, but on the third attempt the bullet fired and the person lost his life. This X live broadcast shocked people who were following him and also those who watched the tragic incident in real time.
Immediately After the tragic incident, new meme currencies began to be created using his image and name, sparking outrage in the cryptocurrency community. I think this is not fair and Many condemned the insensitivity of turning his tragic death into a cryptocurrency. Critics comment that the incident shows that the dangers of speculative investing or blind investing and the devastating effects of rug pulls in crypto cannot be underestimated. People should think twice before doing such things.
Read carefully and always keep this in mind that stay away from speculative investment and greed. Please share this article on social media and share your opinion in a comment. Have a nice day.
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| Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |