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Bitcoinist
2018-08-15 15:00:11

Abu Dhabi resident Down 85% After Taking $140K Loan to Buy Cryptocurrency

Cryptocurrency investing is risky business and one budding investor is feeling the pain after using a huge bank loan to build a losing cryptocurrency portfolio. DYOR and Steer Clear of FOMO It appears that FOMO got the best of one amateur cryptocurrency investor in Abu Dhabi who is now 85% down on cryptocurrencies purchased using a $139,500 bank loan. The unfortunate investor, who goes by the name ‘Cryptohomie’ on Reddit, currently lives in Abu Dhabi.Read MoreThe post Abu Dhabi resident Down 85% After Taking $140K Loan to Buy Cryptocurrency appeared first on Bitcoinist.com.