The highly volatile nature of cryptocurrency markets makes this industry simultaneously exciting and very risky.
The price of bitcoin rapidly moved from around $600 in November 2016 to an all-time high of nearly $20,000 in December 2017.
Of course, many, due to FOMO, bought Bitcoin worth hundreds to thousands of dollars during the “crypto bubble” period, hoping that the price would “moon”.
It was also in that period that the ICO craze begun. Many novice and experienced investors threw their funds into plenty of ICO projects – both legit and fraudulent. Most of those ICO tokens are worth nothing today.
read more here: https://cryptopotato.com/leveraging-the-risk-17-claim-they-got-into-debt-for-buying-bitcoin-in-2017/