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Derek Rose over crypto investment loss - Incrypts

Derek Rose over crypto investment loss

Derek Rose over crypto investment loss

Derek Rose, the former journalist, recounts over losing $7 million USD in cryptocurrencies. He emphasized that he purchased bitcoins at the rate of $8,000 and later observed that its value rose up to $14,000 in few days. He added, “While I have a lot of regrets, cashing out my entire life savings to invest in cryptocurrencies isn’t one of them. This was a huge blow, but it did not wipe me out.”