No doubt, you've spoken well here. Cryptocurrencies always create an illusion of wealth, and it with it's volatile nature, the wealth created shifts like the wind and as you noted, you can be wealthy today and poor tomorrow in the crypto space. And crypto wallet balances also do not make it easy to explain ones wealth and ones worth.
For a fact, crypto wealth does not equate ones worth.
For me, I think crypto holders and investors should learn and understand when you pull the plug and turn their crypto wealth into real value. So doing, one can maintain a stable financial status in real life and a seeming wealthy crypto portfolio.