I’m saying that to indicate that I only put a small amount into crypto and also to note that my stocks have been down big too. The FAANG stocks took a beating in general and there are many other stocks (in tech and other industries) that got hit even harder. I haven’t checked but holding cash or TIPS over the past 12 months might have performed the best.
Yeah, crypto is full of scams. I think Bitcoin and Ethereum are legitimate and have potential especially at this price point.
With my tinfoil hat on, it makes sense to have some along with guns, ammo, food, water.