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

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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.

Money

Airbnb Experiences: 5 Easy Ways To Make Extra Cash Today

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Airbnb Experiences: 5 Easy Ways To Make Extra Cash Today

Airbnb is a great way to earn money by renting out your home or apartment.

However, did you know that you can also make money by offering experiences on Airbnb? Here are five easy ways to make extra cash today by creating and offering Airbnb experiences.

1. Offer a food tour

If you love food, why not share your passion with others? Create a food tour experience in your city, showcasing the best local cuisine. You can offer a walking tour or a bike tour, and include stops at local markets, restaurants, and cafes. This is a great way to meet new people and earn money at the same time.

2. Teach a skill or hobby

Do you have a skill or hobby that you’re passionate about? Share your knowledge with others by offering an experience on Airbnb. You can teach anything from photography to cooking to yoga. People are always looking for new experiences, and they’re willing to pay for them.

3. Host a cultural event

If you come from a different culture, why not share it with others? Host a cultural event, such as a traditional dance, music, or art class. This is a great way to showcase your culture and make some extra cash.

4. Offer a nature experience

If you live in a beautiful area, offer a nature experience on Airbnb. You can offer a hiking tour, a kayaking trip, or a birdwatching tour. People love to get out into nature, and they’re willing to pay for it.

5. Host a wellness retreat

If you’re passionate about wellness, why not host a retreat? You can offer yoga classes, meditation sessions, and healthy meals. This is a great way to help people relax and recharge, while earning some extra cash.

In conclusion, offering experiences on Airbnb is a great way to make some extra cash. With these five easy ideas, you can get started today.

For more ideas and tips on how to make money, check out this Airbnb guide inside our academy.

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Money

10 Tips for Making More Money with Your Airbnb Listing

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If you’re an Airbnb host looking to increase your revenue, there are several strategies you can implement to make your listing more appealing to potential guests.

Here are 10 tips for making more money with your Airbnb listing:

  1. Set competitive pricing: Research the prices of similar listings in your area to ensure you’re offering a competitive rate. Consider lowering your prices during slow seasons or offering discounts for longer stays.
  2. Offer extra amenities: Providing extra amenities, such as a pool, hot tub, or complimentary breakfast, can make your listing more attractive to guests and justify a higher price.
  3. Invest in high-quality photos: High-quality photos of your space can make a big difference in how many bookings you receive. Consider hiring a professional photographer to capture the best aspects of your listing.
  4. Keep your listing up to date: Make sure your listing accurately reflects the current state of your property. Update your photos, descriptions, and amenities regularly to keep your listing relevant and appealing.
  5. Respond promptly to inquiries: Quick responses to guest inquiries can lead to more bookings and positive reviews. Make sure to check your messages frequently and respond as soon as possible.
  6. Provide excellent customer service: Going above and beyond for your guests can lead to positive reviews and repeat bookings. Make sure to communicate clearly and address any issues promptly.
  7. Offer local recommendations: Providing guests with recommendations for local restaurants, attractions, and activities can enhance their experience and justify a higher price for your listing.
  8. Allow instant bookings: Allowing guests to book instantly can make your listing more appealing to those who need to book at the last minute. However, make sure to set clear guidelines for instant bookings to avoid any issues.
  9. Offer discounts for repeat guests: Offering discounts to guests who have stayed with you in the past can encourage repeat bookings and increase your revenue over time.
  10. Keep your space clean and well-maintained: A clean and well-maintained space can lead to positive reviews and repeat bookings. Make sure to keep your space clean and address any maintenance issues promptly.

Implementing these 10 tips can help you make more money with your Airbnb listing and improve your overall hosting experience. Happy hosting!

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

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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.

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