Young men are making risky bets on crypto and politics—and raking it in right now
2 weeks, 1 day ago

Young men are making risky bets on crypto and politics—and raking it in right now

Live Mint  

Byron Hayes has lost so much money on meme stocks, crypto and betting that he goes by the name Financial Failure on online forums. “I feel like I’ve finally made the right decision in life," says Hayes, 34, who works as a software developer for a cybersecurity company. Investing influencers Alex Monahan, 28, bought crypto and started betting on sports around the same time in 2019, taking the advice of his co-workers at the financial firm Susquehanna International Group. “The hype times like right now are probably the worst because people are only showing that they’re making $100,000," Jones says. Write to Katherine Hamilton at [email protected] View Full Image Young Men Are Making Risky Bets on Crypto and Politics—and Raking It In Right Now

Discover Related