I predict this will not end well.

After more than a decade as a mortgage underwriter at USAA, Brenda Gentry resigned in October 2021. Rather than continue in traditional finance, she pivoted to crypto full-time. Now, Gentry runs a crypto consulting firm, which she launched after leaving her job.

The San Antonio resident sees crypto as a way to accumulate and pass on generational wealth. She and her family are excited about the “unprecedented opportunities offered by crypto,” Gentry, 46, tells CNBC Make It.

Before going “all in” and leaving her steady 9-to-5, Gentry began investing in cryptocurrencies during the Covid-19 lockdown in 2020. She started small, but gradually began investing more.

By early 2021, she had garnered substantial returns. “My investment portfolio surpassed my 401(k) — which had taken 11 years to get to $200,000 — in six months,” Gentry says. She acknowledges that cryptocurrency is a risky investment, but her experience in finance and process of due diligence helps her feel comfortable investing in the space.

#crypto #investment #not-an-investment #risk

https://www.cnbc.com/2021/12/21/why-this-mom-quit-her-job-to-go-full-time-into-crypto.html