24.96 F
March 20, 2023
Image default

Americans Are Borrowing Money, Using Credit Cards To Buy Cryptocurrency

Published by

Cryptocurrency investing has been a wild ride lately. So what happens when you combine the tempting prospect of new global currencies and unprecedentedly low prices, but you don’t have any cash to invest? Americans are turning to lenders. And as many investors are currently adding up their losses, others are doubling down, using loans to fund more cryptocurrency purchases as they try to time the market to predict when prices will hit rock bottom. Q1 2022 hedge fund letters, conferences and more Many of these borrowers are already struggling. More than 32% of cryptocurrency investors have used …

Read More

Related posts

Twitter: Elon Musk faces ‘market manipulation’ lawsuit


Dollar slips while Aussie and Norwegian crown outperform


What Are Cryptocurrency Flash Loans?


Twitter to accept Elon Musk’s takeover bid


Wall Street downplays worries in wishful start to 2022


Dollar stronger as inflation worries dampen risk sentiment


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: