No Barrier to Fortune: It’s Not Too Late To Be a Crypto Billionaire
April 16 2022 - 5:39AM
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It’s an interesting time for crypto. As more and more institutional
investors buy into Bitcoin (BTC), Ethereum (ETH) and other
cryptocurrencies, there might be some investors wondering if they
have missed the boat, especially as the dizzying market heights of
2021 gave way to the sobering slump at the start of 2022. In its
earlier days, cryptocurrency was famous for creating Bitcoin
billionaires from young, free-thinking individuals who didn’t come
from traditionally wealthy backgrounds. Now that crypto can be said
to be going mainstream, has crypto wealth become the preserve of
the besuited financial magnates that Bitcoin once tried to defy?
The evidence doesn’t seem to bear this out. In fact, the biggest
crypto influencers of today are still inspirational and come from a
range of backgrounds, ages and countries. Let’s take a look at some
of the most inspiring crypto influencers in the field right now.
Carl ‘The Moon’ Runefelt – from bagging to balling Carl Runefelt,
better known by his social media handle ‘The Moon’, is one of the
most popular current crypto influencers, with over 500K subscribers
on YouTube and more than one million followers on Twitter. Runefelt
is notoriously bullish on Bitcoin and has made a considerable
amount of money on the original cryptocurrency. He isn’t shy of
flaunting his wealth, either, snapping up rare NFTs for millions of
dollars and showing off his new Bugatti (bought with ETH trading
profits) to his followers while the market was crashing at the end
of 2021. But doesn’t Runefelt have a right to be proud of his
wealth? After all, he came from humble beginnings and has said in
interviews that he wanted to inspire his followers to achieve the
same. Before getting into crypto, Runefelt actually worked at a
groceries store in his home country of Sweden. At 22, the young
grocery worker was bored and frustrated with life and his career
prospects. He started investing his savings in gold and precious
metals but became disillusioned by the corruption and inefficiency
of the banking system. Seeing a crypto video on YouTube inspired
him to invest in crypto and start his own YouTube channel in 2017.
Runefelt’s crypto investments were a success, and so was his
channel ‘The Moon’. By investing, trading and giving advice on the
same to his followers, Runefelt completely changed his life. He
credits the Law of Attraction and the power of visualization as key
parts of his journey to the lavish lifestyle that he enjoys today.
Runefelt now lives in the playboy paradise of Dubai and continues
to be active in crypto and NFTs, as well as promoting his own
payment app, Kasta. Despite expanding into other areas of the
crypto industry, the Swedish rags-to-riches star is still bullish
on the original cryptocurrency, claiming that BTC will never go
back down below $10,000 and may even reach $200K in the next three
years. Hold on to your dreams – crypto stars are still being made
The story of Runefelt, who managed to turn his life around
completely in his twenties, is an inspiration to crypto traders
today, and the crypto world continues to be a way for people to
make money outside of the traditional track to wealth. While many
famous investors do study at elite colleges, Ethereum founder
Vitalik Buterin famously dropped out of university to focus on
crypto. In 2012, a 12-year-old Eric Finman spent a family gift of
$1,000 buying Bitcoin at prices ranging from $10 to $12, trades
that made him a millionaire by 18 and even richer today. The
volatility of altcoins still presents an opportunity for such huge
returns today, with new crypto influencers emerging from humble
backgrounds all the time. Rachel Siegel was a struggling substitute
teacher. At 29 and without any tech knowledge, she started
investing around $25 a week into crypto and turned that into a
seven-figure return, homeownership and a new career as a crypto
influencer under the handle @CryptoFinally. Kane Ellis was only 18
and a high school dropout when he learned how to mine
cryptocurrency and used those Bitcoin earnings over the years to
found the online auto marketplace Carswap, as well as to buy a
fleet of exotic cars for himself (unlike, Runefelt, he prefers a
Maserati). These are just two more examples of crypto fans who
struck it rich and built well-known profiles on top of that. Don’t
forget all of those who make money but decide to avoid the
spotlight and live less public lives. The truth is, the majority of
wealthy crypto traders are ones you never hear about but are
focusing on their own lives. Access to crypto wealth has never been
easier The main reason crypto is still a great tool for building
wealth is that almost anyone with a smartphone and internet
connection can access the market these days, and this empowers a
great part of the population that did not have access to
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