How a Tokyo FOMO Family Invested in Bitcoin and Lost

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There’s an issue, in Japan, with certain high income families being unable to save money. Here’s the story of a Japanese household of four, living in the Tokyo Bay area, in a high-end tower apartment, repaying multiple loans and having unnecessary spending. Every month the household was using up their entire revenue and they couldn’t pay the tuition for their daughters’ private school and high schools. That’s when bitcoin came into their lives. Tokyo Bay 60 Million Yen ‘Tawaman’ Tower Mansion Tribe is Collapsing “How can we overcome paying our daughters’ schools and the family’s big expenses?” the family asks Mitsuaki Yokoyama, a financial planner. “I started investing in crypto with 100,000 yen around the end of November last year, then the price rose by 2.5 times in just a month. So I got all excited and I invested 1 million yen more, but the price crashed so badly this