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Asking Crypto Millionaires How To Invest $5000

AppSumo founder Noah Kagan did that recently on YouTube 👀…

Some of the recommendations:

  • Deep dive into a specific niche
  • Buy and hodl/hold (don’t actively trade)
  • Put $4500 in Bitcoin, spend the rest on books
  • Probably best to avoid NFTs
  • Also avoid the new Bitcoin ETF

Helium gets a mention in there, too. I wrote a bit about that back in April ⏮

It’s basically a wireless router you can buy, and then give other people access to. You earn cryptocurrency as you share the access.

In April I linked to this device in Austin, Texas and noted that it had earned about $4885 in 30 days. Checking it again, it looks like it only earns about $10/day now 😕

That’s likely due to lots more nearby hotspots going online in recent months.

Updated: July 20, 2024

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