Yesterday a post popped on reddit about how a user who took a loan of about $100,000 is now facing jail time in UAE because he cannot afford to pay the remaining amount.  This user bought most of their portfolio (at their ATH prices) at the insane bull run that we had at 2017 end. And from then it was all downhill as most of his investments in shitcoins lost majority of their value (as much as 95%) and he had to sell whatever he had to pay bills.

To make matters worse this pandemic has cost the user and his wife their jobs as well. And now they face a jail term and have a travel ban on them.

In one of his comments the user says that he is posting this on reddit to seek for any kind of guidance and let this be a lesson to all to invest only what they can afford to lose.