Finding truly untraceable crypto wallets is a myth, but some offer stronger privacy than others. The idea of complete anonymity is a misconception; all transactions are recorded on the blockchain. However, some wallets make tracing significantly harder.
Best Wallet, Exodus, Zengo, Ellipal, Ledger, and Trezor consistently rank highly for privacy features in 2025. My own research, comparing over 30 non-KYC options, confirms this. The strength of these wallets lies not in absolute untraceability, but in minimizing the data associated with your transactions.
Key Factors to Consider for Privacy:
- No KYC/AML requirements: These wallets prioritize user anonymity by avoiding Know Your Customer and Anti-Money Laundering regulations. However, be mindful of legal implications in your jurisdiction.
- Hardware vs. Software: Hardware wallets (like Ledger and Trezor) offer superior security as your private keys never leave the device. Software wallets are convenient but expose you to greater risk if your device is compromised.
- Use of privacy coins: Pairing these wallets with privacy-focused cryptocurrencies like Monero (XMR) or Zcash (ZEC) drastically improves your anonymity. Remember that even with privacy coins, some degree of traceability remains possible.
- Regular software updates: Staying current with software updates patches security vulnerabilities and enhances privacy features.
- Open-source nature: Open-source wallets allow community audits, increasing transparency and reducing the risk of hidden backdoors.
Important Note: Even the most privacy-focused wallets aren’t foolproof. Always practice good operational security, including strong passwords, using reputable VPNs, and being wary of phishing attempts.
My top recommendation would be to diversify your wallet choices and use a mix of hardware and software solutions, along with privacy coins, to maximize your anonymity. Remember, no system is perfectly untraceable.
Which wallet does Elon Musk use?
Elon Musk’s public statements regarding specific cryptocurrency wallets are limited and often lack precision. His mention of a “locked wallet” and Freewallet’s intervention likely refers to a general account access issue, not necessarily endorsing Freewallet as his primary wallet. Many factors influence wallet choice for high-net-worth individuals, including security, privacy, and access to various cryptocurrencies and functionalities.
While he hasn’t explicitly named a specific wallet, we can infer potential considerations based on his known activities:
- Security and custody: For large holdings, cold storage solutions like hardware wallets (Ledger, Trezor) are likely prioritized over hot wallets due to their enhanced security against hacking and theft.
- Multi-signature wallets: These wallets require multiple approvals for transactions, adding another layer of security for extremely valuable assets.
- Support for diverse cryptocurrencies: Musk’s investments and endorsements span various cryptocurrencies, requiring a wallet that supports a broad range of assets, including Bitcoin, Dogecoin, and potentially others.
- Privacy considerations: Given his public profile, a focus on privacy features within a wallet is probable. This might involve using wallets with strong privacy features or decentralized exchanges.
Popular, yet less likely options for someone of Musk’s stature:
- Robinhood and PayPal: While convenient for retail investors, these platforms prioritize ease of use over advanced security features often needed by high-value cryptocurrency holders. They offer limited control over private keys, raising concerns about custody.
- Freewallet: Its mention in Musk’s comments may have been situational. It’s a relatively accessible platform, but its suitability for managing assets of Musk’s scale remains questionable due to security and scalability limitations inherent in centralized exchanges.
Ultimately, Musk’s preferred wallet remains undisclosed. However, considering his involvement in the crypto space, it’s highly plausible he leverages a combination of sophisticated solutions tailored to his specific needs, prioritizing security, privacy, and control over his assets above user-friendliness.
How many abandoned crypto wallets are there?
Estimating the number of abandoned crypto wallets is tricky, but focusing on Bitcoin gives a good indication. It’s thought that 3 to 4 million Bitcoin are irretrievably lost, representing roughly 20% of the total supply.
This isn’t just about lost Bitcoin; it applies across numerous cryptocurrencies. These losses stem from various reasons:
- Forgotten passwords: The most common culprit. A simple slip-up can lock millions of dollars in value.
- Misplaced or destroyed hardware wallets: Physical devices holding private keys can be lost, stolen, or damaged beyond repair.
- Lost private keys: These are the ultimate access codes, and losing them means losing the cryptocurrency.
- Death of the owner: Without proper inheritance planning, significant holdings can become inaccessible to heirs.
- Early adopter mistakes: Many early Bitcoin users lacked the security awareness prevalent today, leading to significant losses.
The impact of lost coins is significant. It contributes to Bitcoin’s scarcity, potentially driving up its price. However, it also represents a considerable amount of wealth permanently locked away from the market. Some speculate on the potential for recovery through technological advancements, but realistically, much of this lost cryptocurrency is gone for good.
Furthermore, the actual number could be much higher. Many abandoned wallets likely hold small amounts of cryptocurrency, making them less noticeable. The 3-4 million Bitcoin figure likely underestimates the true extent of the problem across all cryptocurrencies.
What are the three types of Cryptocurrency wallets?
Cryptocurrency wallets are crucial for securely storing your digital assets. Understanding the different types is key to protecting your investment. The three main categories are paper wallets, software wallets, and hardware wallets. These are often further categorized as “hot” and “cold” wallets, referring to their internet connectivity.
Paper wallets are essentially printed QR codes containing your public and private keys. They offer excellent security when kept offline, acting as a cold storage solution. However, they’re susceptible to damage, loss, or theft if not properly secured. A single mistake could mean losing access to your funds permanently.
Software wallets, accessible via mobile apps or desktop programs, provide greater convenience. They come in various forms, from standalone apps like Exodus or Electrum to browser extensions like MetaMask. These offer ease of use and often support multiple cryptocurrencies. However, because they’re connected to the internet (hot wallets), they’re more vulnerable to hacking and malware. Regular security updates and strong passwords are paramount.
Hardware wallets, like Ledger and Trezor, are considered the gold standard for security. These physical devices store your private keys offline, offering a cold storage solution that significantly reduces the risk of hacking. They’re typically more expensive than software wallets but their robust security makes them worthwhile for users holding substantial amounts of cryptocurrency. Even with hardware wallets, good security practices like strong PINs and regular firmware updates are crucial.
The choice of wallet depends on your individual needs and risk tolerance. High-value holdings typically warrant the added security of a hardware wallet, while smaller amounts might be adequately protected by a robust software wallet. Paper wallets serve as a backup or for long-term storage of less frequently used cryptocurrencies.
Which crypto wallet is not traceable?
Let’s be clear: no crypto wallet is truly untraceable. The blockchain is a public ledger; transactions are recorded. However, some wallets offer a higher degree of privacy than others. PrimeXBT, for instance, enhances privacy through a few key features.
Control over private keys is paramount. PrimeXBT grants you this control, minimizing the platform’s access to your funds. This is a significant advantage over custodial wallets where the exchange holds your keys.
AES256 encryption for all transactions provides a strong layer of security, making it significantly more difficult to intercept and decipher your transaction data. While not guaranteeing untraceability, it adds a substantial hurdle for potential trackers.
The multi-currency support is also beneficial for privacy. Mixing transactions across various cryptocurrencies obfuscates your activity more effectively than using a single-currency wallet.
But here’s the crucial caveat: While PrimeXBT enhances privacy, using a VPN and employing techniques like coin mixing (like Tornado Cash, before its demise, it was important to note the risks and legality involved) further increases anonymity. However, always prioritize using reputable mixers and be mindful of the legal implications of your actions in your jurisdiction. Remember, even with these measures, leaving a completely untraceable trail is exceedingly difficult.
- Key takeaway 1: Private key control is your best defense.
- Key takeaway 2: Layer security with encryption, VPNs, and potentially coin mixing (legally and ethically).
- Key takeaway 3: Complete untraceability is a myth in the crypto world.
Can the FBI track a crypto wallet?
While the FBI can track crypto transactions, it’s not as simple as they might make it seem. Cryptocurrency transactions are recorded on a blockchain, a public ledger. This transparency is a double-edged sword. It means law enforcement can trace the flow of funds, but it also means anyone with the right tools can do the same. This level of transparency is fundamentally different from traditional banking.
However, several factors complicate tracking:
- Mixing services: These services obscure the origin of funds by combining multiple transactions, making tracing significantly harder.
- Privacy coins: Cryptocurrencies like Monero are designed with enhanced privacy features, making it extremely difficult to track transactions.
- Off-chain transactions: Transactions can occur outside the main blockchain, reducing visibility.
- Layer-2 solutions: While the underlying blockchain might be public, some Layer-2 solutions (like Lightning Network) offer faster and cheaper transactions that are less easily traceable on the main chain.
Successfully tracing a transaction often requires:
- Access to sophisticated blockchain analytics tools.
- Expertise in interpreting complex transaction patterns.
- Collaboration with exchanges to identify users behind specific addresses (though this is often hampered by privacy concerns and regulations).
So, while the blockchain’s transparency aids in tracing, it’s not a guaranteed win for law enforcement. The complexity of the crypto ecosystem presents significant hurdles.
What is Elon Musk’s favorite crypto?
While Elon Musk hasn’t explicitly declared a “favorite” cryptocurrency, his public endorsements have significantly impacted various digital assets. Dogecoin, in particular, experienced dramatic price surges following his tweets and pronouncements. The passage referencing a Bitcoin price exceeding $90,000 and a combined crypto market cap surpassing $3 trillion highlights the volatility and speculative nature of the market, often influenced by high-profile figures like Musk.
It’s crucial to understand that Musk’s influence doesn’t equate to investment advice. His actions often trigger rapid price fluctuations, creating opportunities for both significant gains and substantial losses. The correlation between his tweets and altcoin price movements underscores the inherent risk in crypto trading, especially when driven by speculation rather than fundamental analysis.
Bitcoin’s rise to $90,000 in the scenario presented, although hypothetical, reflects the potential for massive price swings. While a Trump victory might have contributed to this increase (due to potentially favorable regulatory stances or other macroeconomic factors), attributing it solely to one event is an oversimplification. The complex interplay of market sentiment, macroeconomic conditions, and technological developments all contribute to crypto price movements.
Dogecoin’s rise alongside Bitcoin showcases the interconnectedness of the cryptocurrency market. While often considered a meme coin, Dogecoin’s price volatility demonstrates how narratives and social media influence can override underlying technological fundamentals in short-term price action. Investors should always conduct thorough research and understand the risks involved before investing in any cryptocurrency, regardless of public endorsements.
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Cryptocurrency investments are inherently risky.
What is the largest untouched crypto wallet?
The largest untouched cryptocurrency wallet is widely believed to belong to Satoshi Nakamoto, Bitcoin’s pseudonymous creator. Estimates place the holdings at approximately 1 million BTC.
The Significance of Satoshi’s Wallets: These wallets haven’t seen any activity since around 2010, fueling intense speculation and numerous theories. Their existence underscores the early history of Bitcoin and the immense wealth potentially locked away. The sheer volume of Bitcoin held presents a significant market influence, with the potential to drastically shift the market should these coins ever be moved.
Challenges in Identifying Satoshi’s Wallets: Pinpointing the exact addresses is difficult due to the pseudonymous nature of Bitcoin and the passage of time. Multiple addresses are often suspected to be linked to Satoshi, making definitive identification challenging. The lack of transaction history since 2010 only adds to the mystery.
Potential Scenarios: Several theories abound regarding Satoshi’s intentions. These include:
- Lost or Forgotten Keys: The simplest explanation is that Satoshi lost or forgot the private keys needed to access these wallets.
- Long-Term Holding Strategy: A more deliberate theory suggests that Satoshi is holding onto the Bitcoin as a long-term investment, planning to release them strategically at a later date.
- Decentralization Strategy: Another interpretation proposes that the untouched Bitcoin is a deliberate move to ensure Bitcoin’s decentralization and prevent any single entity from dominating the network.
Market Implications: The potential release of even a fraction of these coins could significantly impact the Bitcoin price. The sheer scale of the holdings makes it a key factor to consider when analyzing the cryptocurrency market’s long-term trajectory.
What cryptos are in the strategic reserve?
Trump’s recent Truth Social posts regarding the strategic reserve’s crypto holdings are…interesting, to say the least. His initial mention of XRP, Solana, and Cardano without Bitcoin was a head-scratcher. While these projects possess unique characteristics – XRP’s focus on payments, Solana’s speed, Cardano’s smart contract capabilities – their inclusion before Bitcoin raises eyebrows. Bitcoin’s established market dominance and role as a digital gold should arguably make it a cornerstone of any diversified reserve.
His later addition of Bitcoin and Ether is more aligned with what one might expect from a strategically diverse reserve. Ether, with its role in the Ethereum ecosystem and growing DeFi applications, offers a significant contrast to Bitcoin’s store-of-value approach. The combination of both represents a balance between established value and future potential.
However, several crucial points require consideration:
- Regulatory Uncertainty: The legal landscape surrounding cryptocurrencies remains volatile. Holding such assets in a strategic reserve carries significant regulatory risk.
- Volatility: Cryptocurrencies are notoriously volatile. The value of these assets can fluctuate dramatically, impacting the overall reserve’s value.
- Security: Securing substantial crypto holdings necessitates robust security measures to prevent theft or loss.
- Transparency: The lack of transparency surrounding the details of the strategic reserve’s crypto holdings raises questions about accountability and potential mismanagement.
Furthermore, the strategic rationale behind including specific tokens remains unclear. Is it purely based on market cap, technological innovation, or other factors? Without detailed explanation, the decision appears arbitrary. A well-defined investment strategy with clear risk assessment is essential for managing a strategic reserve, especially one containing volatile assets like cryptocurrencies. Trump’s pronouncements lack the necessary transparency and justification.
Consider this hypothetical portfolio breakdown for a more balanced approach ( purely speculative):
- Bitcoin (BTC): 50% – Market dominance and store-of-value proposition.
- Ether (ETH): 25% – Smart contract platform and DeFi potential.
- Stablecoins (e.g., USDC, USDT): 15% – Risk mitigation and liquidity.
- Other Altcoins (Diversified, low-risk): 10% – Exposure to innovative projects but carefully selected.
What is the safest type of crypto wallet?
Forget software wallets; they’re a playground for hackers. The safest crypto wallet is unequivocally a hardware wallet. Think of it as Fort Knox for your digital assets.
Investing in a reputable hardware wallet like Ledger is a non-negotiable expense if you’re serious about security. The reason? These devices store your private keys offline, completely isolating them from the internet’s vulnerabilities. This air-gapped security is paramount. Online attacks, phishing scams, malware – they’re all rendered useless.
Consider these key advantages:
- Cold Storage: Your private keys never touch the internet, eliminating the vast majority of attack vectors.
- Physical Security: The device itself is physically protected, adding another layer of security beyond software.
- Seed Phrase Backup: Remember, you still need to manage your seed phrase responsibly. Keep it safe and offline, ideally in multiple secure, physically separate locations.
While Ledger is a popular and trusted option, research other reputable brands as well. Due diligence is crucial. Never compromise on security when it comes to managing your cryptocurrency.
Here’s a crucial point often overlooked: Seed phrase management is the weakest link in any security chain. Losing your seed phrase means losing your crypto. Handle it with the utmost care. Consider using a metal plate or a tamper-evident seal for storing your written seed phrase.
- Never share your seed phrase with anyone.
- Never type your seed phrase into an online form.
- Always verify the device’s authenticity upon purchase to avoid counterfeits.
What is an unhosted wallet?
Imagine your cryptocurrency like cash in a bank. An unhosted wallet is like keeping that cash in your own safe – you are completely in charge.
Unlike exchanges or online wallets where a company holds your keys (and therefore your crypto), with an unhosted wallet, you hold the private key. This key is a secret code, like a super-secret password, that proves you own your cryptocurrency. Without it, you can’t access your funds.
This “self-custody” gives you total control and security. No one can freeze your account or steal your crypto without your private key. However, losing your private key means losing your cryptocurrency permanently – there’s no way to recover it.
Popular types of unhosted wallets include hardware wallets (physical devices like USB sticks) and software wallets (apps on your computer or phone). Hardware wallets are generally considered the most secure because they keep your private keys offline.
Unhosted wallets require more responsibility. You are solely responsible for backing up your keys and keeping them safe. If you lose or misplace them, your crypto is gone for good.
Can the IRS track crypto wallets?
The IRS’s ability to track cryptocurrency transactions is steadily improving. While they can’t directly access the private keys of individual wallets, they employ several sophisticated methods to identify taxable events.
Key methods used by the IRS include:
- Blockchain analysis: Third-party blockchain analytics firms provide the IRS with transaction data, tracing cryptocurrency movements across the blockchain. This includes identifying addresses linked to specific individuals or entities through various techniques like clustering similar transaction patterns and linking addresses to known exchanges.
- Exchange reporting (Form 1099-B): US-based cryptocurrency exchanges are required to report transactions to the IRS. This includes details like the date, amount, and cost basis of transactions. This is a significant source of data for the IRS, especially given the increasing use of centralized exchanges.
- Data matching: The IRS cross-references data from exchanges with other sources, like bank records and tax returns, to identify inconsistencies and potential unreported income. This includes sophisticated algorithms to identify patterns of underreporting or obfuscation.
Beyond the basics:
- Chain of custody: The IRS is increasingly focusing on the entire chain of custody for cryptocurrency transactions. This means tracing the origin of funds, not just the final transaction, making it more difficult to avoid detection through techniques like mixing or layering.
- Sophisticated analytics: The IRS utilizes advanced algorithms and machine learning to detect suspicious activity and prioritize audits. This includes identifying patterns indicative of tax evasion, like using mixers or engaging in wash trading.
- International cooperation: The IRS collaborates with tax authorities globally to track cross-border cryptocurrency transactions. This enhances their ability to uncover unreported income, particularly in cases involving offshore exchanges or transactions.
- Penalties for non-compliance are substantial. Failing to accurately report crypto transactions can lead to significant financial penalties, including back taxes, interest, and potential criminal prosecution.
In short: While complete anonymity is virtually impossible in the long run, the effectiveness of IRS tracking depends on the sophistication of the taxpayer’s methods to conceal transactions. The risks of non-compliance far outweigh any perceived benefits.
Which crypto will boom in next 5 years?
Predicting the future of crypto is tricky, but some cryptos showed strong performance in 2025, potentially hinting at future growth. This doesn’t guarantee future success, remember crypto is highly volatile!
Here are a few that performed well in 2025 (year-to-date performance):
- XRP: Up 25.04%. XRP is associated with Ripple, a company focused on facilitating international payments. Its legal battles have impacted its price significantly, so any future boom depends heavily on the outcome of these cases. It’s important to understand the risks involved.
- Monero (XMR): Up 18.89%. Monero is a privacy-focused cryptocurrency, meaning transactions are designed to be untraceable. Its value proposition is strong for users who prioritize anonymity, but this also makes it attractive to illegal activities, something to keep in mind.
- Cardano (ADA): Up 14.94%. Cardano is a blockchain platform focused on scalability and sustainability. It aims to be a more efficient and environmentally friendly alternative to other platforms. Success depends on its continued development and adoption.
- Litecoin (LTC): Up 10.5%. Litecoin often acts as a smaller-cap “follower” of Bitcoin. Its relatively established position and history make it less risky than many other altcoins, but this might also mean less upside potential.
Important Considerations:
- Past performance is not indicative of future results. Crypto markets are extremely volatile.
- Do your own thorough research before investing in any cryptocurrency. Understand the technology, the team, and the market risks involved.
- Only invest what you can afford to lose. Cryptocurrency is a high-risk investment.
Which crypto cannot be traced?
Monero (XMR) reigns supreme in the privacy coin arena. Its ring signatures, stealth addresses, and ring confidential transactions effectively obfuscate senders, recipients, and amounts, rendering transaction tracing exceptionally difficult. This makes it a compelling choice for those prioritizing anonymity.
However, it’s crucial to understand that “untraceable” isn’t absolute. While incredibly challenging, sophisticated forensic analysis, particularly with access to specific metadata or compromised nodes, could potentially reveal some transactional links. Furthermore, regulatory scrutiny is increasing, and exchanges are increasingly pressured to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, impacting the ease of using XMR.
Key features driving its privacy:
Ring Signatures: Each transaction is bundled with several other unrelated transactions, making it impossible to pinpoint the true sender.
Stealth Addresses: One-time addresses are generated for each transaction, preventing the linking of multiple transactions to a single user.
Ring Confidential Transactions (RCT): These obscure the transaction amount, adding an extra layer of privacy.
Despite its advantages, XMR’s association with illicit activities has led to its listing restrictions on certain exchanges and its classification as a high-risk asset by some financial institutions. This impacts liquidity and accessibility.
Ultimately, the level of anonymity achieved depends on the user’s technical expertise and adherence to best practices. While XMR offers superior privacy compared to other cryptocurrencies, it’s not a guaranteed shield against all forms of investigation.
Can the IRS see your crypto wallet?
The IRS can see your crypto wallet activity. The era of untraceable crypto transactions is definitively over. Since 2015, the IRS has actively collaborated with blockchain analytics firms such as Chainalysis to track cryptocurrency transactions on the blockchain. These companies utilize sophisticated software to analyze vast amounts of blockchain data, identifying patterns and linking transactions to specific individuals and entities.
This means that even if you use a privacy-focused cryptocurrency or mixer, your transactions are still potentially traceable. The IRS isn’t just looking for massive transactions; they’re also focusing on patterns of activity that might indicate tax evasion. This includes frequent small transactions, the use of multiple wallets, and transfers between exchanges and personal wallets.
Accurate record-keeping is crucial. The IRS expects you to report all cryptocurrency transactions for tax purposes, including gains and losses from trading, staking rewards, and airdrops. Failing to do so can lead to significant penalties. It’s advisable to keep detailed records of all your crypto transactions, including dates, amounts, and wallet addresses involved.
Understanding the tax implications of crypto is essential. Different crypto activities have different tax implications. For instance, selling cryptocurrency for fiat currency is a taxable event, triggering capital gains taxes. However, using crypto to purchase goods or services is also a taxable event, where the fair market value at the time of the transaction is used to calculate the tax liability. Seeking professional tax advice tailored to your specific crypto activities is highly recommended.
The IRS is actively expanding its capabilities. Blockchain analytics technology is constantly evolving, becoming more sophisticated and efficient at identifying and tracking crypto transactions. The IRS is investing heavily in these technologies, increasing its ability to detect and investigate tax evasion involving cryptocurrency.
What is the Elon Musk crypto?
Elon Musk ($MUSK) isn’t a cryptocurrency directly endorsed by or affiliated with Elon Musk himself. It’s a meme coin, launched April 27th, 2025, capitalizing on Musk’s significant online presence and memetic association. This token operates on a decentralized blockchain, likely employing a proof-of-stake or similar consensus mechanism (specifics would need further investigation).
Key Characteristics and Considerations:
- High Volatility: As a meme coin, $MUSK is inherently volatile. Its price is heavily influenced by social media trends, news related to Elon Musk, and speculative trading activity. Investing carries significant risk.
- Limited Utility: Unlike established cryptocurrencies with clear use cases (e.g., Bitcoin for payments, Ethereum for smart contracts), $MUSK’s utility is primarily speculative. Its value is driven by community sentiment and market forces.
- Community-Driven: The project’s success and longevity largely depend on community engagement and adoption. Active participation in its online communities can provide valuable insights but should be treated with a critical eye.
- Transparency & Auditability: Investigate the project’s whitepaper (if available) and assess the transparency of its development team and financial practices. Independent audits can provide crucial information about the project’s security and trustworthiness.
Potential Investment Risks:
- Rug Pulls: Meme coins are susceptible to rug pulls, where developers abandon the project and disappear with investors’ funds.
- Market Manipulation: The relatively small market capitalization of meme coins makes them prone to manipulation by large investors or coordinated efforts.
- Regulatory Uncertainty: The regulatory landscape surrounding cryptocurrencies is evolving rapidly, and $MUSK’s legal status and future regulation remain uncertain.
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Conduct thorough research before making any investment decisions.
What if you invested $1000 in Dogecoin 5 years ago?
Five years ago, $1000 invested in Dogecoin would be worth roughly $2.3 million today. That’s a massive 230,000% return! This illustrates the high volatility and potential for enormous gains (and losses) in the cryptocurrency market.
Dogecoin’s price is highly speculative and driven by factors like social media trends and community sentiment, not necessarily by underlying technology or real-world applications. This makes it a very risky investment.
While some predict Dogecoin could reach $10 per coin, this is a highly uncertain projection. The current market capitalization (the total value of all Dogecoin in existence) is huge, making such a substantial price increase extremely challenging. A large price increase would require a massive influx of new investment and widespread adoption.
Before investing in any cryptocurrency, especially volatile ones like Dogecoin, it’s crucial to thoroughly research the asset, understand the associated risks (including the possibility of losing your entire investment), and only invest what you can afford to lose. Diversification across different assets is also a crucial risk management strategy.
Remember, past performance is not indicative of future results. The dramatic increase shown here is an outlier and shouldn’t be considered typical of cryptocurrency investments.