I think this comment is bringing it to the point. Investment wise it was a bad idea to begin with, and when competitors start to hit and easily conquer the same

I think this comment is bringing it to the point. Investment wise it was a bad idea to begin with, and when competitors start to hit and easily conquer the same market, then of course it becomes really stupid to invest in that market. In that regard my pity is also limited. Yes I feel their pain with them. But we also have a responsibility to investigate before making such a huge bet. And sadly if you discuss with people who lost their life savings like that, many actually think they are not responsible BECAUSE they didn't think about. The "logic" being, if you don't think about it, you can't be responsible for the result.