Hong Kong man with dual master's degrees falls from his father's sight! Suspected of being unemployed for 3 years and losing 40 million TWD in cryptocurrency

A highly educated young man from Hong Kong lost over HKD 10 million in cryptocurrency investments and jumped from his home in Kowloon, sparking recent discussions about the psychological impact of investment losses.
(Background: Professor Zhou Guan-nan from NCCU angrily criticizes short-term trading as a “negative-sum gamble”; Giant Jack fires back: You don’t understand real combat!)
(Additional context: Your “scarcity mindset” is the biggest enemy in crypto trading.)

Losing money and losing hope! On the afternoon of the 12th, a report came from Victoria Garden in Kowloon, Hong Kong, that a 32-year-old man surnamed Chen jumped to his death from his balcony. Police investigations indicate that he had returned from the UK less than two hours earlier and confessed to his father that he had lost about HKD 10 million (approximately USD 128,000, TWD 40.5 million) in cryptocurrency investments. After losing control emotionally, he chose to take his own life.

Event Overview

According to information from the Hong Kong Golden Forum, police reported on the 14th that Chen had just returned from the UK and immediately confessed to his father about large losses in cryptocurrency investments. He took a fruit knife from inside the house and cut his wrists. After his father took away the knife, he rushed to the balcony intending to jump. His father tried to stop him but was pushed away. Finally, Chen fell from the balcony in front of his father. Emergency personnel arrived and confirmed he was beyond help. The case is currently classified as a suicide.

Family members revealed that after losing his job during the 2022 pandemic, Chen began long-term use of antipsychotic medication. His condition fluctuated during his studies for a second master’s degree in the UK. The family initially wanted him to return to Hong Kong for treatment, but he had an accident just ten minutes after returning home.

Although the police report did not specify the investment method, market insiders speculate that the large loss was most likely related to high leverage or zeroing out certain cryptocurrencies.

Reminder: Prioritize Life Before Trading

Investment education tends to focus on technical analysis and strategies, but education on emotional management is lacking. Dynamic Zone reminds everyone that no trade is worth risking your life for.

Experts suggest that in the face of market volatility, you should set a risk tolerance limit. If you feel upset after a loss, seek support from friends or professional psychological help. If you experience insomnia, hallucinations, or intense self-blame, stop trading immediately and seek medical attention.

This tragedy in Hong Kong serves as a reminder to investors that while capital can be earned again, a mental breakdown can lead to irreversible consequences. Staying healthy, diversifying risk, and setting stop-losses are the long-term ways to survive bull and bear markets.

＊Cherish life; there is always a way out. If you need help, call 1995.