Caleb Hammer, a personal finance vlogger, recently welcomed a guest on his series “Financial Audit” who recounted his journey of accruing debt after a cryptocurrency investment went sour, forcing him to depend on credit cards for everyday expenses.

The Story Unveils: An enthusiast of vedic astrology hailing from Austin, Texas, Racso, used $40,000 to dive into cryptocurrency trading in 2020. His portfolio experienced a tenfold increase, peaking at $440,000, only to be met with significant losses later on.

The bulk of Racso’s financial downturn can be attributed to catastrophic events in the digital currency market, specifically the implosion of FTX and the debacle of the Terra/Luna cryptocurrency. Racso connected his monetary misfortune to the “eclipse of Taurus and Scorpio,” an event foretold by vedic astrological teachings.

Explore More: Dogecoin Investors Outperform Shiba Inu Enthusiasts, 57% Seeing Profits, According to IntoTheBlock Insights

Impact and Consequences: Lacking a steady income stream, Racso opened up about turning to credit cards to cover his living costs. He shared with Hammer that taking on a traditional job would be considered only as a final option. Hammer expressed his exasperation, mentioning, “I’m on the verge of asking you to leave. I cannot recall being this upset before.”

Amidst mounting credit card debt and a car loan, and with only $2 in his checking account, Hammer labeled Racso as a “preposterous jokester.”

Cryptocurrency Valuation: According to recent data by Benzinga Pro, at the moment of reporting, Bitcoin was valued at $51,050, reflecting a minor rise of 0.35% within the last day.

Up Next: How Much Should You Allocate to Shiba Inu Now to Net a Million Dollars if SHIB Reaches 1 Cent?

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