Crypto Prices Have Crashed, But True Believers Hold On

Crypto prices have plunged this year, but Drew Larsen says that’s not a concern.

Over the past two years, Mr. Larsen, 54, has invested around 10% of his savings in cryptocurrencies such as Bitcoin, Ethereum and Solana. He thinks it’s a smart hedge for his investment portfolio, the rest of which is in real estate, stocks and bonds. But more than that, he feels a deep connection to the idea of ​​digital assets, which makes the pain of bitcoin’s fall this year that much more bearable.