Brenda Gentry, a former USAA mortgage underwriter from Texas, feels the bitcoin ecosystem gives people a fighting shot to break the poverty cycle.
In fact, Gentry, a.k.a. MsCryptoMom, quit her decade-long work as a banker in early 2020 to pursue a full-time crypto career after her initial investments proved the “unique prospects given by crypto.” Gentry Media Productions, which she currently leads, advises decentralised finance (DeFi) and nonfungible token (NFT) initiatives, and generates up to 20 ether (ETH) each month, or approximately $50,000 at the time of publishing.
During the lockdown, it was early 2020. Coinbase was the site where I purchased Bitcoin, Ethereum, and Link. I nearly gave up several times when I first began. All I want to do is make it easier for others to enter the crypto world.”
Interest in cryptocurrency is going viral
Gentry spent time researching about DeFi as a result of her early investment, which drove her to invest in altcoins. Recognizing the steep learning curve involved in crypto, the entrepreneur offers instructional resources on her website, stating:
“I’m also conducting seminars to teach the general public how to navigate this environment and what to look for when looking for good NFT projects or DeFi tokens, as well as how to spot scams or rug pulls quickly.”
Imani Gentry, Gentry’s younger daughter and business partner, discussed the growing interest in cryptocurrency among her friends. She stated:
“An interesting tendency I noticed was individuals copying trends — everyone building their own projects and $10,000 collections because they saw the results.”
Many people maybe surprised to learn that Gentry had no Plan B and relied solely on the moral support of her family before resuming her job as the new owner of Bundlesbets, a DeFi platform dedicated to sports betting. “My husband and daughters urged me to go full-time with my aspirations, and I’m glad I did,” she added.
To prevent scams, one must grasp the negative aspects of cryptocurrency
“I don’t want anyone to get left behind,” says the narrator. Gentry wants to help break down the generational curses of poverty around the world by giving back to the community. She hopes to visit her native country of Kenya this year. And provide her charity organisation, educate a Child, with “information about this new asset class. And the prospects that blockchain technology provides.”
Gentry recommends anyone interested in following in his footsteps to do their study first before getting in. According to her, in order to prevent scams, one must grasp the negative aspects of cryptocurrency. Which is especially important for new investors:
“The possibility to achieve financial freedom is well worth the cost of watching a few informative crypto YouTube videos or reading a book on the subject when it comes to investing in crypto.”
Imani, who is 19 years old, feels that cryptocurrency is the future. She closed by addressing the next generation:
“Take the time to study about blockchain technology and cryptocurrencies. And even teach your parents, siblings, and others. Because these are disruptive technologies that will need a huge paradigm shift. In how we now think about centralised banking and fiat money.”
On the OpenSea NFT marketplace, Sultan Gustaf Al Ghozali, an Indonesian college student, allegedly made a million dollars by selling NFT versions of his selfies.