"Coin Master" Student Shares: Made 1.4 Billion VND and Immediately Lost It All Because of Greed

Recently, the story of a second-year student on social media attracted attention when he shared his journey from making a profit of 1.4 billion VND through cryptocurrency to being broke, even in debt, all because of greed.

Coming from a poor family, he entered university with the hope of earning money to help his parents. A memory of a friend playing “something with green and red candles” during the 12th grade led him to cryptocurrency – a field he had never known before. After researching on his own, he began investing with a small amount of money, then gradually increased it. The turning point came when he “took a risk,” pouring all his tuition money into trading and losing 40%. In a panic, he borrowed from friends to pay his tuition, and then for the first time tried to borrow online 30 million dong at a high interest rate. But that money quickly evaporated. “What was meant to happen happened, I lost all 40 million dong right after that,” he said, admitting that he had been tormented and was forgiven by his family. However, “once bitten, twice shy,” after a few months of working extra and saving a few million dong, he returned to investing. This time, he won big beyond expectations, earning 1.4 billion dong. But instead of stopping, greed drove him to continue playing. After a few big losses, his assets gradually fell to 160 million dong, and finally to negative 40 million dong. “When I had that large amount of money in my hands, I hadn’t spent much nor sent any back to my family,” he bitterly wrote. Now, facing the second debt, he falls into a deadlock, afraid to tell his family, lost and neglecting his studies. He shares the story not to complain, but as a warning: “Stop before it’s too late. I hope no one makes the same mistake as I did.” The story reflects the reality of many young people diving into cryptocurrencies without knowledge and self-control. Will he overcome this crisis? That is an unanswered question, but the lesson is very clear: greed in high-risk investments only leads to regret.