MOSCOW HAS OPENED SUICIDE LINE FOR CRYPTO CURRENCY TRADERS

One of the golden rules for investing in something is not investing more money than you can afford to lose. It was never more important than cryptology. The high price volatility and the lack of historical precedent on the market make it a potentially dangerous space for people who are not familiar with risky investments. Following a large increase in Bitcoin and other cryptocurrencies last year and the subsequent correction, a Moscow-based company, known as the Block Chain Fund, opened a telephone line to help people with great losses. RT News even suggests that oscillations that Bitcoin can begin in 2018 from $ 20,000 to $ 6,000 lead to a wave of big suicide. Pijovkina learned to manage people with significant financial losses through the first experience. She worked with many people who lost money in 2014 when the rates of the euro and the dollar jumped rapidly to their underwear.

 

Suicide cases have already been reported due to poor investment in cryptography. This week the YouTube World Crypto network reported on the case where the investor decided to commit suicide after a recent price correction. In another example, publishing Reddit Bitcoin on a website last month, it’s about a 29-year-old man who sold his cryptic currency for immoral. According to the victim’s brother, the man he sold sold or lost about 15,000 BTCs just before the dramatic rise in prices. Recently, George Popescu, Executive Director of Block X, told Investor of Korea that a hotline is needed to help those affected by Bitcoin and other cryptoscopes. He said in the publication: “People borrow money and invest in encrypted currencies If they lose it, they can be hurt in this bitcoin craze … Maybe what we need to do now is a suicide prevention line, a name for those who nurture bitcoins and ask them if they really they know what they are doing.