Over 60% of cryptocurrency investors in the United Kingdom took loans to purchase cryptocurrencies in the last Bull Run
Over 60% of cryptocurrency investors in the United Kingdom took loans to purchase cryptocurrencies in the last Bull Run
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TL;DR
A KIS Finance study in the United Kingdom reveals that over 60 percent of cryptocurrency investors in the country took loans to acquire digital assets in the last Bull Run.
ather than using their income or savings to buy leading altcoins or established assets like Bitcoin and Ethereum, crypto investors opted to use their credit cards and other loan facilities to take the plunge. Specifically, over 35 percent used credit cards while others used overdraft facilities, with others arranging with their banks for special loans.
When you think that you’re better at making money than a bank.
Funny they didn’t do it when the market crashed, there were a lot more opprutinines
They do say that you should always gamble more than you can afford. That way your winnings are bigger.
jesus 😀
A sucker is born every minute.
>cryptocurrency ~~investors~~ *gamblers*
FTFY.
Oh ffs… 3rd once in the lifetime economic crash bere we come.
Not the least bit surprised. The space is over run with Dunning–Kruger-type people.
That doesn’t sound like a good business decision.
well … I wouldn’t necessarily equate “used a credit card to buy” with “took loans to buy” …