In an informative, entertaining, comical, and bitterly poignant tweet yesterday, What Bitcoin Did podcast host Peter McCormack explains how he amassed–and lost–his crypto fortune over the last two years. From $32K to Millionaire and Back He starts the Twitter post saying: So here is a thread on how I turned $32,000 into $1.2m and back to pretty much zero (once taxes are paid). Just note, I am not bitter or salty in any way at all, the last 2 years have been an amazing ride – travelled the world, been wealthy, been poor. Peter’s story isn’t all that uncommon, although perhaps not everyone is as candid over the irrational and irresponsible behavior that led to them losing their fortunes. Like many invested in the space, Peter saw potential first of all in Bitcoin back in 2016. At the time his own advertising business was folding and he decided to take a risk. All he had left was $32,000. He sunk every penny into BTC and ETH. Right Time, Right Place Peter hopped on the crypto train a..