Amid the hype, they bought crypto near its peak. Now, they cope with painful losses
Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.
by David Gura
Jul 26, 2022
2 minutes
For Michelle Milkowski, who lives in Renton, Washington, one thing led to another.
Because her son's daycare closed in the early days of the pandemic, she had some extra cash. So, like millions of other people, Milkowski downloaded the Robinhood trading app.
Back then, the stock market was at the beginning of what would become a record-setting run, and Milkowski's new pastime became profitable.
She kept trading
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