No more easy money for tech-savvy “Crypto Kids”

Former kickboxer and controversial social media influencer Andrew Tate took to Twitter to say that money in crypto is shrinking.

Meanwhile, the American millionaire promotes “no BS” crypto investing at his online university as part of “modern” value creation.

Andrew Tate: “A new generation of geeks”

Tate pointed out that there is a new wave of tech-savvy ‘crypto kids.’ According to the internet personality, who was suspected of organized crime and human trafficking, crypto children gained significant wealth through fraudulent practices. He claims that these marketers made money by trading digital assets such as NFTs and obscure cryptocurrencies.

However, he believes that the once lucrative nature of this field has waned. Underlines that it left many of these young adults in a difficult financial situation.

He too noted that influencers made money by sheer luck despite a lack of practical experience and real skills:

“A 25-year-old yelling at you that money is easy, despite the fact that he just made his money through the easiest time in the world to get rich by blind luck. Don’t fall for it.”

Tate reiterated that making money by sheer luck in a failing coin market does not make a person an expert. It’s interesting because he’s still a rate-selling ‘guru’ warning other crypto marketers.

To educate freelance writing, cryptocurrency, investing and business, Andrew ‘Cobra’ Tate has promoted Hustler’s University 4.0. Tate also labels other crypto influencers as having “childish egos”, “easy money” and “arrogant scammers” at the same time.

Prediction of a bull run

While the ex-con promotes himself as a hard-working “guru” to make his students “richer,” it’s a good reminder that his cryptograph was recently confiscated. Before he was arrested by Romanian authorities this year, Tate reportedly had 5 BTC seized by the police. According to reports, authorities seized Tate and his brother’s digital wallets containing $500,000 worth of crypto.

That said, Tate promotes his courses as “No nonsense, no fluff, just hard-hitting lessons in making money.” In addition, the influencer has previously stated that fiat money is worthless, adding that “crypto is amazing for a bunch of things,” like an inflation hedge.

His support, meanwhile, comes as entrepreneur David Gokhshtein just predicted another bull run in a tweet.

Gokhshtein also predicts that the popularity of a memecoin in general sets off a bull run, increasing crypto interest among marketers, influencers and celebrities.