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RE: Headlines for the world of Cryptocurrencies - December 12, 2017
To take out mortgage just to invest to crypto is absolutely irresponsible. In the eyes of those people crypto will be culprit when something bad happens.
Yes. I dont believe a lot of people are doing this because people relaize it is stupid, but some people definitely have. I thought of putting some of my loan money into cryptos because of the high % gains you see in a month. The interest on loans doesn’t compare to how high your gain is in crypto. This is why people find it attractive. People feel they can make more from crypto quick, and be able to pay the loans with some profit to themselves in the process. But it is stupid do this because we all know price can drop as quickly as it rose.