A 27-year-old millionaire financial literacy coach who used to work on Wall Street teaches his followers about cryptocurrencies and NFTs. He says crypto will be a big part of our future. According to him, crypto is not the only way to get rich. Millionaire, if any, advises people to focus on “guaranteed investments” like a retirement account. Detail cryptocoin.com‘in.
Cryptocurrency advice
When asked why so many millennials and millennials are flocking to cryptocurrency, 27-year-old millionaire Vivian Tu said, “No one wants to get rich slowly anymore. So many people get rich overnight, it’s our generation’s fault,” she says. At this point, most millennials and millennials have heard urban legends of people making big gains by investing early in Bitcoin or jumping into the latest memecoin trend. Tu said he even heard stories of people “paying off all their medical bills, student debts, or buying a house for their mother” from overnight crypto success stories.
Tu says one of the reasons young people feel so rushed to invest in crypto is because they think it’s “the only way for them to retire or get rich.” Millennials and millennials have lost faith in their old monetization systems as they are the generations who witnessed the effects of the 2008 economic recession, a global pandemic, and the Black Lives Matter uprising. Crypto may be part of your portfolio – but not all, says the millionaire. “Cryptocurrency will likely be an important part of our future,” Tu says, “and I think everyone should invest in cryptocurrency. However, it should not be more than 1% to 3% of your portfolio. Don’t be more money than you can afford to lose,” she says.
“Holding crypto as a modest part of your investments helps you have potential upside stakes in things like the metaverse,” says the millionaire. Cryptocurrencies are digital assets created and run on the blockchain, a digital ledger that prevents people from modifying or hacking past currency exchanges. Cryptocurrency is fairly new and does not have the same protection as fiat currencies such as the US dollar.
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