June 24, 2024
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

Bitcoin futures launch sparks excitement, warnings


Zoom is giving users unlimited time for their end-of-year video calls


Comcast’s third-quarter profit doubled thanks to Tokyo Olympics and theme parks


Delta variant, shortages severely restrict U.S. economic growth in third quarter


Amazon workers in New York begin voting in union election


Starbucks union drive spurred by barista burnout from mobile orders


Leave a Reply

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