Think of it like this. For a limit to exist at x==0, it MUST have the same limit as x approaches 0 from above, as it does when x approaches 0 from below.
Is that true? For positive values of x, we can just try a few.
And clearly that seems to approach 0 for small positive values of x. Intuitively, we can guess the limit is zero from above.
As you can see, MATLAB agrees with that. But what happens when x is negative?
Now when x is a small NEGATIVE number, then -1/x is a large positive number. The limit would seem unlikely to be zero when taken from below.
MATLAB agrees with that claim. So the limit is inf when viewed from the left. And as I said, if the limit differs when viewed from different directions, the limit is undefined at that point. If that is the case, then the limit is only defined when viewed from a specific direction.
So don't believe everything you read on the internet, it is not always correct. Whoever claimed that on Mathstack was simply wrong, or perhaps you read what they said incorrectly.