From Nasdaq: 2024-05-30 10:00:22

1. Cryptocurrency has been a hot topic due to its intangible nature and volatile value. Many investors, like Sandy Clarin, have tried their luck with crypto, with varied results.
2. Clarin invested heavily in crypto through platforms like BlockFi, only to face financial ruin when BlockFi went bankrupt due to a collaboration gone wrong with FTX.
3. Lessons learned include the importance of holding onto your own crypto keys and being cautious with altcoins, as they can be risky investments.
4. Clarin advises focusing on hard assets over soft ones, like real estate or dividend-earning investments, for a more stable financial future. It’s crucial to educate yourself before diving into the world of cryptocurrency.

Read more at Nasdaq: I Lost $250,0000 From Investing In Cryptocurrency — Here Are 4 Things I Learned