You may have heard of Bitcoin back when it first came onto the market in January 2009. Bitcoin and other forms of financial technology have changed the digital economy considerably, making standard brick-and-mortar banks irrelevant and revolutionizing the future of the business. There currently exists over 18 million Bitcoin, with one bitcoin being worth the value of around $7k US dollars. This is up considerably from even just four years ago when it was hovering at around $400 a share.
It’s clear that this form of Internet currency plays a key part in the future of economy, but what exactly does that mean for entrepreneurs? This is the question that Ricky Cucalon seeks to answer. A self-made entrepreneur and social media influencer, Ricky’s investments in blockchain technology have led him to create the ATM Movement, an organization created to help people make money with the technology.
Ricky is certainly an expert in Bitcoin. After graduated in civil engineering from San Francisco State in 2016, Ricky sold his Honda Accord to buy 18 Bitcoins when they were only $800 apiece. Bitcoin then rose to its peak, earning him over $500k and leading him to quit his job and start his own business. His intricate knowledge of Bitcoin helped him leverage a small investment into a sizable fortune, and his business helps other people learn how to use the technology as well.
“I realized that people that were looking for opportunity but didn’t have the info because they were taught to be an employee like I was myself,” says Ricky. “I came to the realization that everyone has a smartphone so if I gave people the right information I could change their financial situation.” ATM Movement provides the service that teaches people to make money from their smartphones with the cryptocurrency market. It also teaches them how to navigate the stock and forex market as well, two other industries that are ripe with moneymaking potential.
Over 40% of Americans between the ages of 25-24 plan to invest in Bitcoin as a future asset. However, with difficult to navigate concepts such as miners, decentralized ledgers, and algorithms, it’s not the easiest investment to make. Succeeding in Bitcoin investment requires a deep knowledge of the ins and outs of the cryptocurrency market, and this is the kind of knowledge that the ATM Movement provides people. With the proper knowledge on how to make money with Bitcoin, Ricky Cucalon teaches people to work smarter rather than harder.
“They taught us to be poor, to limit ourselves, to look for a boss, and to change our dreams and time for a few pennies,” says Ricky. “We will give you the skills, and you will also enjoy new experiences.” And as an avid traveler who attends summits in cities such as Lima, Peru, Ricky certainly seems to be enjoying the success that being an entrepreneur has to offer.