Coach JV, the CEO of 3T Warrior Academy and financial educator, has revealed some strategies he had used in accumulating what he termed generational wealth.
Coach JV started, “It’s not what you think. The strategies that I use are for generational wealth. We are not focused on the short term. We are focused on the long term.”
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Notably, Coach JV hinted at the potential release of his book, containing his blueprint to attaining financial freedom. He noted that the book would be in PDF file free download format, and it would reveal what he had been doing in the past five years to attain his present height.
Describing what his blueprint appears to be all about, Coach JV started by clearing the misconception about making investment plans for financial breakthroughs all about cryptocurrencies.
According to the financial educator, achieving massive success in crypto without substantial financial backing and proper finance management would only result in a vicious cycle.
The cycle continues to go on and on, just like in his earlier years when he seemed to constantly go broke despite earning very well in varying capacities.
Revealing what could be a surprising discovery, Coach JV stated that crypto only represents a meager portion of his now-diversified portfolio. Intriguingly, Coach JV noted that he plans to leave the market space around 2024 to 2025, as he feels the market might be experiencing a parabolic rise within those periods.
Adopting a savings blueprint from Warren Buffet, a legendary investor, Coach JV encouraged his viewers to cultivate the habit of daily savings by cutting down on some everyday expenditures like energy drinks.
Coach JV noted that the funds accumulated from day-to-day savings could amount to considerable investment capital. “Save $3 a day, and in 10 days, you have $30. In 20 or 30 days, you have $60. Do the math, guys. That’s $60 you can put into XRP every single month. That would be like $90 to $100 you can put into XRP every single month,” Coach JV explained.
Read Also: XRP Investors Attorney Blasts Microstrategy’s Michael Saylor for Labeling Altcoins as Securities
Speaking about the present price fluctuations that seemed to be hovering around XRP’s short-term fortune, the financial coach emphasized the parabolic growth, which he already hinted might play out in 2024 or 2025.
Describing what he intends to do with his XRP holdings once the parabolic run sets in, Coach JV stated that he would sell off 50% while keeping the remaining 50%.
According to the educator, picking just a few digital assets and other investments different from the general public would be great plans for a broader crypto investment.
On a general note, Coach JV emphasized the need to access expenditures while modifying lifestyles that seemed to be incurring much more spending than usual. Citing a scenario, Coach JV remarked, “If you’re driving a $700 car with a $700 car payment, and you make $30,000 a year, that makes zero sense. Get rid of it.”
Meanwhile, Coach JV also mentioned SBI Holdings’ newest decision to integrate XRP as a remittance currency within the Asia landscape.
At the time of reporting, XRP price was approximately $0.5 with a 24-hour trading volume of $613,518,944 and a market capitalization of $26,672,640,205, according to the digital asset’s data on CoinGecko.
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