Crypto Investment Returns
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Noah Kagan shares how his consistent crypto investment strategy led to significant returns.
"I'm a boring investor. I think there's active income and passive income, and I try to focus on my active income. I started buying crypto in 2015 and just put it on autopilot - I auto-bought it every month for the past 6 years.
The investment grew to $4 million, with my basis probably being about half a million or $400,000. When I started using it, I could see why this was going to be big, but the return on it as an investment is pretty insane.
I think the best investment for everyone is their own business. If you look at active income, creating your own company has pretty much the highest multiples I can imagine. Plus you can control it if you can get something to work, because most businesses don't work that well."
Noah Kagan
Launched AppSumo, a daily deals website for digital products, which now generates $100 million annually.
Former Facebook employee who played a key role in growing the platform's user base before departing in 2005.
Hosts the popular podcast "Noah Kagan Presents" and authored "Million Dollar Weekend," sharing insights on rapid business growth.