Millennial Buys Ripple With Loan He Can’t Afford

After taking out a loan he couldn’t afford to go all in on Ripple(XRP), the coin’s market value fell by 40%. His response? Buy more coins! | Source: Shutterstock. Image Edited by CCN.

By CCN Markets: A Twitter user who goes by the name of @XRPBallzD33p told his followers last month that he was going all-in on his Ripple (XRP) investment. Or to use the parlance of our times, he went BALLZ deep.

So deep, in fact, that he took out a loan he couldn’t afford to pay back just in order to get a piece of that XRP pie. As the die-hard Ripple supporter tweeted on July 27th:

Just went BALLZ deep in $XRP

Took out a loan for *way* more than I can afford to pay back

I am NOT bragging or flexing here. My aim by staying this here is to document my BALLZ DEEP journey with you all as an educational material source.

WISH ME LUCK!!! 🤪#XRPcommunity

— 🦅XRP PHOENIX🦅 (@XRPBallzD33p) July 27, 2019

That was when the XRP coin price was sitting between $0.40 and $0.46. Unfortunately, in the three weeks…