Buterin Warns Followers Not to Take Out Personal Loans to Buy Crypto

Buterin Warns Followers Not to Take Out Personal Loans to Buy Crypto

Ethereum founder Vitalik Buterin took to Twitter to warn his followers not to take personal loans to purchase cryptocurrencies.


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Crypto users split on taking out loans to buy Bitcoin dips

Some crypto investors are willing to risk extensive financial obligations for a chance to get into Bitcoin. Taking on debt is a complex personal decision that should not be entered into without great care and financial consideration. With Bitcoin's (BTC) recent return to all-time price highs, some moonstruck Bitcoiners have begun taking out bank loans to increase their position on the asset. While this may seem like a short road to riches for some, others view such financial moves as foolish, given the inherent volatility in the space.In a Friday tweet from Peter McCormack, the What....