Drew Austin, an entrepreneur and investor, invested heavily in cryptocurrencies and NFTs, including digital horses, digital sports cards and some digital art. He took a “substantial liquidity hit” when cryptocurrency prices crashed in May, he said. But he is not cashing out, because he believes these new assets are the future. Still, the volatility can be stressful. Unlike a stock exchange, these newer markets never close.“There are nights when I go to bed and I think, ‘Please, God, China, don’t mess this up,’” he said using stronger language. “It’s 24/7. It never stops.”Bitcoin’s volatile month — dropping …
