This story is a reminder never to forget how precious life is and no matter how much you lose in material objects isn't worth giving up. This young man had an entire life ahead of him to make up for the money he lost and its tragic that he let this happen.
Kang Dong-Pyo, a 20-year-old college student who suffered from depression and committed suicide after losing a lot of money due to his failure to invest in cryptocurrencies.
According to Busan Jin Police Station, his mother found him on his room along with a 13-liter gas tank of helium. She was the one who called the police after that.
According to statements made to the press, Kang Dong-Pyo’s mother revealed that the young man was under medical treatment in order to control his depressive state, but after following the continuous and brutal falling in the prices of Bitcoin, the large amount of money he lost and little hope of seeing a recovery from the bearish trend, triggered his suicidal instincts to the worst consequences.
The family also mentioned that the young man had previously earned 200 million Won (KRW), which is equivalent to approximately 250,000$ (USD), an important profit that could represent a comfortable life for a good time for an average citizen. But after statements were revealed in which high Korean politicians talked about the possibility of closing crypto exchanges and banning crypto trading, all that amount of money he won was lost in a matter of days.
Always remember never to invest more than you can not afford to lose.