Brian Hourigan, a New York-based actual property govt, prides himself on maintaining a portfolio of belongings with modest however predictable returns. But as cryptocurrencies rallied to information final fall, the 38-year-old made an uncharacteristically dangerous guess.

Hourigan invested $20,000 in Bitcoin and Ether in October, hoping to turbocharge his plan to purchase an residence. His inspiration: Adam Ghahramani, an in depth buddy and crypto entrepreneur who was making a killing in digital tokens and had been enthusing concerning the sector for years. 



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