Crypto Prices Crashed, but True Believers Are Holding On

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Crypto costs plunged this yr, however Drew Larsen says that’s no concern.

Over the previous two years, Mr. Larsen, 54, has poured about 10% of his financial savings into cryptocurrencies like bitcoin, Ethereum and solana. He believes it’s a good hedge for his funding portfolio, the remainder of which is in actual property, shares and bonds. However greater than that, he feels a deep connection to the concept of digital belongings, which makes the ache of bitcoin’s plunge this yr much more bearable. 

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