By business reporters Nassim Khadem and David Chau
Posted 1h ago, updated 40m ago
Max Moulder is doing whatever he can to make ends meet.
He's taken a shot at being an Uber driver.
He's drawing on his life-long trade of cutting and selling gemstones.
But odd jobs are not earning him enough to keep up with the growing cost of living.
"I've done gemstone cutting and trading for a long, long time — since I was 10 years old — that's not paid off for me," he said.
"It's very difficult doing Uber driving with the cost of petrol. That's not working. And I can't do cabinet making anymore. So I'm running out of options really."
In his mind, there's just one option left: to invest in crypto.
"I feel like I've been forced into this," he told ABC News.
Mr Moulder only started investing three weeks ago when the market tanked. He's put in $1,000 so far and is willing to invest a lot more.
His view is that he's buying cheap and so "it can only go upwards from here".
"I feel I've only got six years...
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https://www.abc.net.au/news/2022-05-31/cryptocurrency-crash-leads-to-regulati...
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