Investing in cryptocurrencies can be quite volatile, and results can vary significantly. According to a recent Pew Research Center survey, 46% of Americans who have invested in cryptocurrencies reported that their investments performed worse than expected1. However, it’s essential to note that individual experiences can differ widely, and some investors have seen positive outcomes.

If you’re interested in specific examples, here are a couple of notable cases:

MultiversX (EGLD): This cryptocurrency, formerly known as Elrond, has struggled in 2024 despite overall market growth2.

TerraUSD: A stablecoin designed to maintain a $1 value, it unexpectedly collapsed to just a few pennies3.

Remember that investing always carries risks, especially in the crypto space. It’s crucial to do thorough research, diversify your portfolio, and consider your risk tolerance before making any investment decisions. If you have further questions or need more information, feel free to ask! 😊