I borrowed nearly US$200K to invest in stocks and crypto, then lost it all
I am 35 years old and the director of a construction company in Ho Chi Minh City. I have a wife, two children, a home in neighboring Binh Duong Province, and a car worth nearly VND1 billion (US$38,500).
This is not to show off. The car is simply a tool, necessary for long-distance travel, client meetings, and doing business.
For the past decade, I worked hard and saved every bit I could, putting almost everything into rental real estate. The VND75 million I earn monthly from leases does not make me wealthy, but it gives me peace of mind, something stable for my family’s future.
But in 2024 and 2025, I made a different choice. I mortgaged my assets and borrowed VND5 billion (US$192,000) from the bank, going all in on stocks and…
