A crypto trader said he traded in his $8,200 Rolex watch to buy cryptocurrency and is now worth a little more than $1.18 million – but admits the crashing market has halved his wealth.
Kain Roomes, 29, first invested in Bitcoin in March 2018 after his dad encouraged him to look into crypto.
Kain, then a part-time model, was behind on his mortgage, had considerable debts and no disposable income, he said.