With cryptocurrencies trending in popularity, it seems that many investors are purchasing bitcoin on borrowed money — credit cards and loans that bear interest. The consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies

Which of the following best describes how you funded your account to purchase Bitcoin?




After purchasing Bitcoin on your credit card, have you paid off your credit card balance?




Are you comfortable paying interest on your credit card as a result of your Bitcoin purchase?




Are you planning to pay off your credit card balance, accumulated by purchasing Bitcoin, by using the proceeds from the sale of your Bitcoin investment?





Between people who used a credit card to fund and purchase (Question 1)  Do you plan on buying additional Bitcoin using your credit card?

a. 76.23% of Bitcoin investors answered "Yes."

b. 23.77% of Bitcoin investors answered "No."