By CNBCTV18.COMDec 22, 2021 7:11:56 PM IST (Published)
While the transition to full-time crypto sent Brenda Gentry's income flying from $75K annually to $40K-80K (10-20 Ethers) monthly, she has a word of caution for investors: Spend time researching the currency before buying.
When Brenda Gentry started earning substantial returns from her crypto investments, it was an easy decision for her -- to go all in on crypto. After working as a mortgage underwriter at USAA, a financial services company, for more than a decade, Gentry resigned in October 2021. Now, Gentry owns a crypto consulting firm.
The 46-year-old San Antonio resident started investing in cryptocurrencies during the COVID-19 lockdown in 2020. She began with a small amount, but gradually invested more into her portfolio. By early 2021, Gentry was earning well.
“My investment portfolio surpassed my 401(k) -- which had taken 11 years to get to $200,000 -- in six months,” CNBC Make It quoted Gentry as saying.