Cryptocurrency investing is fast becoming a serious investment portion of legendary billionaires and financial institutions.
The financial industry at large is taking cryptocurrency investing very seriously, skyrocketing its leverage and profitability. Fortunately, cryptocurrency isn’t just for institutions. In fact the first wave of cryptocurrency millionaires were average individuals who saw the vision and jumped in early.
Now more and people are investing in cryptocurrency. Let’s face it, the job place is no longer secure or profitable. The corporate world is grueling. Starting a business has become more difficult than ever, and has a 96% failure rate.
Cryptocurrency investing is a high-leverage ball game that levels the playing field.
Take CHAINLINK for example. It’s a crypto used to verify smart contracts, a type of self-executing agreement that Barron’s calls “the future of digital payments.” Started in 2017 at $0.36 and grew to $43 in May 2021. A $1,000 investment would have made $119,440.
According to a Fidelity study most millionaires are made in investments, not the job place. And 88% of millionaires were not born into wealth. They are self made. Cryptocurrency makes this possible like no other medium in history.
Where the S&P 500 (the benchmark of most investments) had an anemic ROI of 16% in 2020, in the last two years cryptocurrency destroyed all investment vehicles and indexes by far.
| Bitcoin Ethereum Cardano Binance Chainlink Polkadot AAVE KSM CEL |
+1,000% + 1,900% + 2,000% + 1,910% + 6,700% + 1,850% + 9,503% + 5,518% + 3,593% |
These were the best cryptocurrency to invest in and they are predicted to grow further. With those returns, anyone can turn a small amount of money into life changing money. You just need information, belief and method.
And now in 2021 with the explosion of DeFI cryptocurrencies, Asset-Backed Coins and Clean Coins (coins mined with green energy and consume 2 million times less the energy of bitcoin) the opportunity is bigger than ever. Investors call this a developing “Deep Crypto Market.” CNN calls “the next big wave of investing.”
These coins are the biggest potential winners that live in a pocket of the crypto market where tiny, dirt cheap coins can surge at record speeds. Like Polkadot, which went from $5 to $39 in 57 days, a 662% gain. Cardano, which blew up from $0.15 to more than $1 in 65 days, a 773% gain. You don’t have to bet the farm for the chance to make a great deal of money from Deep Cryptos.
Companies that wouldn’t have been caught dead with Bitcoin three years ago, ere now buying up Bitcoin IN SPADES and fully engaged in cryptocurrency investing.
You’ve got Silicon Valley diving in with both feet. Twitter founder Jack Dorsey’s company Square has bought $220 million worth of Bitcoin. And even in the thick of all this volatility, Dorsey STILL said, “Bitcoin changes absolutely everything. I don’t think there is anything more important in my lifetime to work on.”
That’s why Tesla purchased $1.5 billion worth of Bitcoin, and why MicroStrategy’s built a $5.5 billion Bitcoin position.
JPMorgan Chase, Amazon and Microsoft are investing heavily in smart contract research and development and new cryptocurrencies.
Americans are jumping into cryptocurrency investing as well. Already 46 million in the US own Bitcoin and/or cryptocurrencies.
Millennials are leading the charge.
- Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to the CNBC Millionaire Survey.
- The results highlight a new generational divide in wealth creation from crypto, with younger investors able to earn vast fortunes from the surge in the prices of bitcoin, ether and other digital currencies.
- The importance of crypto to young millionaires could shift the wealth management industry, as private banks, brokers and wealth management firms scramble to cater to a new, crypto-heavy clientele.
Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, as the crypto boom continues to create wealth for young, early adopters, according to the CNBC Millionaire Survey.
According to an CNBC Millionaire Survey Some 47% of millennial millionaires surveyed have more than 25% of their wealth in cryptocurrencies, according to the survey of 750 investors with at least $1 million in investible assets. More than a third of millennial millionaires have at least half their wealth in crypto.
Millennials understand “early adoption.” The younger investors were more intellectually engaged with the idea even though it was new. Older investors and the boomers were largely saying ‘Is this legit?
Older millionaires for now are less likely to believe in or invest in crypto. So far, 83% of American millionaires have none of their wealth in crypto, and only 1 in 10 keeps more than 10% of their wealth in crypto assets, according to the survey. None of the baby boomer millionaires or older generations has more than 10% of their wealth in crypto. However I believe that is about to change, from what I see in my own fund and in my overall network.
In the coming years, the key to attracting the next generation of wealthy clients will be more about crypto than traditional stocks, bonds, private equity and hedge funds. The leverage is simply too great to ignore.
Whether you have $10 or a $1 million you should should in cryptocurrency investing now. Unlike fiat money, most cryptocurrencies have a limited supply, capped by mathematical algorithms. This makes it impossible for any political body or government agency to dilute their value through inflation. Cryptocurrency is not only more profitable, but safer and smart asset protection.
The best cryptocurrencies to invest in takes research. A high leverage, set-it-and-forget-it cryptocurrency fund is worth considering.
Riccardo Ferrari
RiccardoFerrari.com
