![Crypto QUeen](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
Gold Coast crypto dealer Sydel Sierra outdoors her hinterland residence. Image: Glenn Hampson
A Millennial mum and Gold Coast crypto queen who cashed out for a $4.63m hinterland mansion says swapping Bitcoin for bricks delivers the very best of each investments.
Sydel Sierra, 35, was travelling the world in her early 20s when she landed in a Bitcoin buying and selling camp in Lithuania in 2017.
She turned an preliminary stake of $980 into $110,000 in 90 days with a breakthrough funding within the NEO cryptocurrency and was a multimillionaire inside two years.
In December 2021, in the course of the peak of the crypto market, she cashed out a good portion of her holdings to buy a lavish mountain property. At age 30, she retired to stay totally off her cryptocurrency earnings.
Home price to rise by more than average wage in 2025
Could this coastal luxury home smash the suburb record?
Sydel Sierra believes the market is heading right into a ‘crypto summer time’. Image Glenn Hampson
“Crypto is sort of a wave — it goes up and down. Property doesn’t fluctuate as a lot, so that you’ve locked in that revenue for years to come back,” mentioned the dealer, who has a six-month-old daughter. “In case you do nothing, you’ll see a 90 per cent drop once we hit a market correction in 2026.”
Ms Sierra believes Bitcoin’s present surge is pushed by a mix of things, together with the rise of ETFs (exchange-traded funds), the cyclic nature of the market, and what she calls the “Trump pump” from the incoming pro-crypto US authorities.
A survey by Finder reveals 7 per cent of Australians at the moment personal Bitcoin, and 16 per cent — an estimated 3.3m individuals — plan to spend money on cryptocurrency by the tip of 2024. Most intend to allocate $500 or much less, equal to $523m nationwide.
Golf simulator, 500-bottle wine cellar: Inside ultimate trophy home
1980s prize home time capsule nets millions
Bitcoin’s current surge in worth has sparked renewed curiosity in digital currencies
The surge in Bitcoin’s worth to a report excessive topping $150,000 final week has sparked renewed curiosity in digital property, with Finder’s Wealth Constructing Report displaying 21 per cent of Australians now think about crypto a superb funding, up from 15 per cent a yr in the past.
“Traders wait years for moments like this,” Ms Sierra mentioned. “For my part, I’m nonetheless buying crypto and gained’t be promoting till subsequent yr — there’s simply an excessive amount of thrilling stuff coming across the nook.”
However she warns in opposition to holding on too lengthy.
“Human greed is likely one of the largest downfalls on this market. I’ve seen so many individuals trip it to the ground, taking the elevate all the best way up and all the best way again down.”
Ms Sierra’s Gold Coast retreat
The sprawling property has a pool, spa and hearth pit with seating for 10
Ms Sierra mentioned her hinterland residence was her reward for taking earnings on the proper time. The five-bedroom, four-bathroom residence on 4.42ha options an inside elevate, a pool, a spa, and a hearth pit with seating for 10.
Her crypto-funded property portfolio additionally features a sprawling beachside property and a number of other vacation residences in Western Australia.
“Actual property is such a superb asset class as a result of there are future alternatives for improvement and producing earnings. The crypto I bought years in the past continues to pay dividends regardless of the market’s volatility,” she mentioned.
The mum-of-one additionally owns an Aston Martin. Image Glenn Hampson
MORE NEWS
Top 10: Where you can invest for under $500k
Noosa designer home sold for $15m under the hammer
Surfer Mick Fanning’s mansion snapped up in pre-auction frenzy
The Gold Coast’s status property market has drawn the eye of a few of Bitcoin’s largest gamers. Amir Status principal Amir Mian mentioned billionaire Ed Craven, co-founder of the crypto playing platform Stake.com, has been scouting beachfront properties.
Mr Craven, who bought an $80m Toorak mansion final yr, represents a brand new wave of younger, high-net-worth crypto consumers reshaping Australia’s luxurious actual property market.
“Hedges Ave, or ‘Billionaire’s Row,’ has turn out to be a hotspot for this new breed of consumers,” Mr Mian mentioned.
Bitcoin billionaire Ed Craven is eyeing the Gold Coast’s status property market
A render of Mr Craven’s $80m Toorak property
Initially from Perth, Sierra co-founded the Digital Wealth Group together with her brother, Aden Michielsen, to teach new traders on cryptocurrency cycles. She’s additionally captivated with traditional automobiles, with an Aston Martin Components One version and a Porsche amongst her assortment.
That is basic data and never supposed as monetary recommendation.
