1/2: A fairly cool and laid-back dudebro from my old filmmaking circle in CLT back in 2013/14 bought into crypto pretty serious in 2018, I recently heard. He's got actual money and has lots of diversified investments, but Mitzi posted on one of Those Other Social Media Sites that Kenneth's has sworn off crypto.
The $1mn he invested in a few CCs, and all but one did fairly well (on paper) through 2022. Alas, at the start of this spring all the slides and such left him down at $333K, i.e.,...
2/2: ...nearly $700K down from his initial investment spread in crypto.
He's not crying, though. Kenneth's still worth several million in accessible cash. He's got much more assets value in in real estate, stonks, and annuities. (He inherited some of it from his parents, or so we were told. He made loads of cash programming and coding before and after Y2K.)
Kenneth was okay, though he smoked an *awful* lot of weed and smelled so.