‘I thought taking out a loan to invest in crypto was a good decision. Then I lost most of it’

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Euronews (English)

Is taking out a loan to buy crypto wise? Almost a quarter of US investors seem to think so. A recent survey by DebtHammer, which polled 1,500 investors across the US, found that 21 per cent of investors said they’ve used a loan to pay for their crypto investments. These loans were often at exorbitant rates, with personal loans among the most popular choice. Of all the individuals who said they’d taken out a loan for cryptocurrency, 15 per cent said they used a personal loan. Ukraine now ranks second in the world for crypto use. Which other countries have embraced it?According to the report, ot…

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