Just about everyone – from Ray Dalio to Lloyd Blankfein – has weighed in on the debate on whether cryptocurrencies should be regulated, invested in or consigned to the scrapheap of asset bubbles waiting to burst.

Yet few openly admit they closed their positions too early on cryptos like bitcoin, the world’s largest cryptocurrency. Bitcoin peaked at nearly $42,000 earlier this month and true to its volatile nature, fell to $33,000 on 25 January after its worst week since March 2020.