Article 6SKM9 ‘It’s almost dirty money’: the older generation of crypto investors benefiting from the ‘Trump pump’

‘It’s almost dirty money’: the older generation of crypto investors benefiting from the ‘Trump pump’

by
Jedidajah Otte
from Technology | The Guardian on (#6SKM9)

Some say they used bitcoin or Dogecoin to help reach goals such as affording to have a child or buy a house

Miles, a 37-year-old NHS doctor from London, has been trying to persuade friends to buy cryptocurrencies for years. In recent weeks, the Trump pump" to crypto prices has left them envious. They have watched in frustration as my gamble paid off," he says.

Miles's crypto portfolio is now worth 2.3m, despite having cashed out about 600,000 earlier this year to buy a house. It's set me up for life," says Miles, who invested 4,000 in bitcoin in 2012. My pot fluctuates by hundreds of thousands each day, but I've been through years of volatile periods."

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments