د . إAEDSRر . س

A Redditor Has Shared His Story Of Crypto Loans And It’s A Lesson For Everyone

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A UAE-based redditor has shared his harrowing story of crypto investment and debt – and shared the story in hopes that others will learn.

The redditor owes Emirates Islamic bank AED338,000 that they borrowed to finance crypto investment.

And due to losses, now has to pay AED8,194 back per month, for the next three years.

The person shared the statement on reddit – showing the debt as a warning to everyone

You have to feel for this guy.

International redditors commented on the post

Some wondering the extent of the damage

With some offering sage advice

BitCoin and crypto currencies hit all time-highs in December before crashing in 2018

With many losing on the volatile currencies.

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