Post
Topic
Board Economics
Re: 18% of Investors Buy Bitcoin With Borrowed Money
by
william8829
on 07/01/2018, 18:35:14 UTC
Quote from: LeGaulois
18% of Investors Buy Bitcoin With Borrowed Money [/url]

I am surprised it is so low.  From the thousands of posts I have read I was under the impression that every other person interested in Bitcoin was taking out a second mortgage on their house.

the average annual percentage rate (APR) on a credit card is 15.07 percent[/url]

The average annual return on Bitcoin is 2400%.  I am not saying it is the smart thing to do but I get why they are doing it.  Greed.