17 June 2022
I LOST ALL my Money in the Crypto Crash
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Summary
Reports roughly $10,000 in crypto holdings—$7,000 Bitcoin, $2,000 Ethereum, $1,000 altcoins —now down over 50–70% after buying near peaks. He says crypto failed as an inflation hedge, now views it as a bubble or pyramid scheme heading toward zero. After major stock and crypto losses, he considers selling investments for a car, delivery work, and avoiding markets for years.
Insight
Easy-investing confidence reverses into regret, risk aversion, and preference for practical utility.