Connect with us

Money

CRYPTO EXPERT: Top-Ranked Crypto Currencies You Should Bet On This Year

Published

on

In our previous post, we had seen that Marius Kramer outlined Binance Coin (or BNB) and Bitcoin as a safe bet in the crypto space. We also had a look at Kramer’s crypto portfolio allocation. Here, we look at cryptos that have the potential to replace Bitcoin.

According to Kramer, there are 6 primary blockchain characteristics required to replace Bitcoin. These include instant transactions, zero fees, scalability, decentralization, “Permissionlessness” and 1 millionth the energy usage of Bitcoin. The coins listed in this article have most of these characteristics and are in Kramer’s S-Tier (highly-ranked) category that includes Bitcoin.

The other cryptocurrencies in this category are Iota, Elastos, BAT, Enjin, Elixir, BNB and Dent. So if you have $10k to onvest, here’s how Kramer recommends allocating your investment in S-Tier coins.

Bitcoin ($3k)

Kramer states that though Bitcoin’s tech is pretty bad, it remains a top buy among institutional investors as it is still the most popular crypto. This might result in Bitcoin’s price rising to $50k in the near term. Bitcoin is down 8.7% in the last 12 months.

Iota ($1.5k)

Iota is one of the two cryptos that fulfills the above 6 criteria. It also offers decentralized storage. According to Kramer, “There is a lot of criticism towards Iota because it currently uses a coordinator to verify transaction before there are more nodes on the network, at which point it can be removed, so it’s not that big of an issue.”

Iota has risen over 34% in the last year.

Elastos ($1.5k)

Elastos is the other crypto to fulfill the above 6 criteria and is the way ahead of currencies such as Stellar, NEO, and EOS as they are centralized.

BAT ($900)

Batcoin is a crypto with the most real-world traction. It has over 10M downloads in just over 4 months. This crypto has risen 33% in the last week and 80% in the last month.

Enjin ($900)

Enjin Coin is a gaming coin with a network of 20M players and is integrated with the game Minecraft. This platform handles approximately 60M global views every month and accounts for sales of virtual goods worth amounting to millions of dollars. It is supported by a gaming-centric content management system and a dedicated e-commerce platform.

Elixir ($900)

Elixir is a leading platform with a market cap of just over $1M as they have not yet done an ICO (initial coin offering). The cryptocurrency has slipped over 90% since January 2018 and is an attractive buy according to Kramer.

Elixir has slipped 43% in the last year.

BNB ($900)

Binance Coin is the fee token of Binance and Kramer states that this is the strongest coin in 2018. This crypto has slipped 6.6% in the last month but is up by a whopping 443% in the last year.

BNB is less volatile in a market downturn and is a good hedge against smaller Bitcoin crashes.

Dent ($900)

Dent has also gained significant traction in the crypto space with over 2M users sharing, buying and selling mobile data around the world. It is on track to replace M-pesa and is rising in popularity in Africa.

Business

How Big Real Estate Moguls Avoid Taxes (And How You Can, Too) 👀

Published

on

I was looking around Google for an old article on tax strategies and this five-year old video of myself happened to pop up.

I’m interviewing a tax expert about how real estate investors avoid paying taxes in perpetuity—AND how everyday citizens can do the same thing.

(Real estate—our TEMPLE I and TEMPLE II projects included—has a number of tax benefits savvy investors have capitalized on for years, including Opportunity Zone breaks and 10-year tax abatements.)

There’s the 1031 exchange, of course, which I’ve shared with you guys before. 

Just to refresh your memory, the 1031 Exchange allows you to roll over gains from your last project into a new property TAX FREE—as long as said property is worth the same or more.

But there’s ANOTHER TAX LOOPHOLE that can take your portfolio to an entirely new level by splitting your capital gains into MULTIPLE properties.

So I thought I’d share it with you guys. 💎

You can check it out here.

Let me know what you think. 😎

PS: In our next update, I’m going to break down how real estate moguls get paid from their properties…tax free. 👀
PPS: If you want to learn how to implement generational wealth strategies like this one, you can join our NYCE wealth academy (TRIBE U) here.

Continue Reading

Business

How I run a $300M+ business from the beach…(and how you can TOO!)

Published

on

Yes, you read that right.

If there’s anything the pandemic taught us, it’s that the paradigm of “office” and “workspace” has been shaken to its CORE.

Universities are teaching via Zoom, court dates are done virtually, FULLY REMOTE businesses are valued at $1B+, and legitimate Inc. 5000 startups are run from…wherever. 📲

This is my office for the day…

I am actually running our business from the beach, typing this from here.

It’s 4:28 pm CET, which means it’s 10:28 am EST and I am CRUSHING my to-do list.

(And the team will continue to crush it while I’m asleep. That’s the 🗝)

So how did we get here? 

We launched NYCE and our mission to create 100,000 millionaires in March, 2020…just as the global COVID-19 lockdown happened. 😳

As a result, we shut down our main office and set EVERYTHING up to run remotely…

SMOOTHLY! And a system that allows us to outperform competition by 200%. (You can build this system, too. More on this in a second.)

Here’s what we were able to do since then:

  • Gained 6M+ followers across all platforms 📈
  • Add 1500+ new apartments to the portfolio 🤑
  • Grow to $300M in real estate 🚀
  • 105% investor returns 🎉
  • 700K+ community members 🤝

And here’s the best part…

Having team members in all the main time zones gives us a 24-hour work cycle vs. 9-5/eight-hour on-the-clock performance.

This means we get 3x the productivity of a similar company. 🔥

Let me repeat that…3x PRODUCTIVITY vs. our competitors.

Meanwhile our project management software grants us 24-hour TEAM-WIDE connectivity that tracks all tasks and lets us know if productivity dips even a little bit.

There is ALWAYS someone senior awake. It could be Martin in Barcelona…Nat in New York…Vineet & Arif in New Delhi.

All the while giving YOU GUYS wealth hacks and daily content. 🔥

OK, so how can you do it?!

Well, the first step is to have an actual side hustle you’re launching. Not just an idea, a validated business.

MAJOR KEY: Do NOT spend money until you’ve made your FIRST DOLLAR! 🗝🗝🗝🗝

(You can catch a replay Business Launch masterclass here and see TRIBE member Nessa launched her business on the spot and got her first $45K client shortly after.)

One of the easiest ways to start is with Airbnb—you can start that in 10 minutes. Literally. (Here’s a guide if you need it.)

Once you have your business, you build a virtual infrastructure (you really just need two softwares, which are FREE), manage the team accordingly and run the business from there.

I’m gonna put together a step-by-step video breakdown this weekend inside the new TRIBE U on the FIVE key things you need to do this for YOURSELF. 💵 💎

From what software to use, how to build a team, how to keep.

In the meantime, drop a comment if you’re ready to build some wealth and any questions if you want more…

Let’s get to work. 🙌

PS: If you can’t be bothered with video and just wanna get to work, we’re hosting a TRIBE U workshop that will help you get this process started on the spot. It’s $479 $49. 🔥

Continue Reading

Money

CHART: How Blockchain Powers Bitcoin

Published

on

Blockchain, Bitcoin. Bitcoin, blockchain.

The two terms go hand in hand—and have become almost ubiquitous with this year’s insane rise (and fall) of Bitcoin.

But what does it all really mean? How does it come together? In this week’s chart, our friends at CB Insights break down exactly how blockchain powers Bitcoin.

Continue Reading

Trending


Warning: count(): Parameter must be an array or an object that implements Countable in /homepages/28/d742565295/htdocs/clickandbuilds/WealthLab/wp-content/themes/zox-news-child/single.php on line 683

You’ve reached your free article limit.

Continue reading by subscribing.

Go back to Homepage >
X

Forgot Password?

Join Us