Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

July 26, 2022
At the beginning of the pandemic, Michelle Milkowski started investing in penny stocks. A few months later, she bought cryptocurrency for the first time.

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.

(Image credit: Kholood Eid for NPR)



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