Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Want to invest in crypto? There's a consultant for that

Want to invest in crypto? There's a consultant for that

Cryptocurrency enthusiasm is skyrocketing, and while information surrounding digital currency is becoming more attainable, there's still a big gap between access and knowledge. That's where cryptocurrency consultants come in.

With digital currency markets in turmoil, crypto consultants are in high demand. Cryptocurrency popularity soared in April as trading platform Coinbase went public at a valuation of $86 billion. Exchange platforms like Coinbase have made the crypto world more accessible for the average investor, boosting interest in the sector.

And it shows. Bitcoin surged to a record high in April, followed by a wild 500% rally in dogecoin, an asset that was created as a joke in 2013. Cryptocurrency backers have spent years insisting that ethereum, bitcoin and other digital assets could revolutionize the world of finance, and with the success of Coinbase's Wall Street debut, those backers are finally having their moment.

Getting started


Nicole DeCicco, a single mom in Portland, Oregon, started her own cryptocurrency consulting firm, CryptoConsultz, in 2017 after a hacker stole 323 ethereum tokens from her, which she says would now be worth more than $1 million.

DeCicco was working as a nurse at the time she was hacked. She was mining ethereum in her garage as a hobby, and she said the "very devastating experience" completely changed her career trajectory. "It really fueled my passion for helping others have access to cryptocurrency and to learn about blockchain technology," DeCicco told CNN Business.

Nicole DeCicco, founder of CryptoConsultz, has a mining operation in her garage in Portland, Oregon.


She offers consulting to individual investors and businesses. An initial one-on-one consultation costs $350 per hour and an initial business consultation comes in at $650 per hour. Follow-up consultations cost $300 for a one-on-one appointment and $550 for a business appointment. Along with running her own consulting firm, DeCicco works as the vice president of business development at Blockchain Mint and Cold Storage Coins. Both companies produce crypto-related products in the form of tangible assets including gold and silver coins.

Through her services, DeCicco teaches investors how to navigate the crypto markets, including buying, selling and trading digital currencies, and offers crypto 101 webinars that dive into the basics of digital currencies and the blockchain. She also shows clients how to monitor their investments and decrease their risk of losing money.

Catching the buzz


Cryptocurrency is buzzing in pop culture, too. Tesla (TSLA) CEO Elon Musk joked about dogecoin on "Saturday Night Live" and he often tweets about bitcoin, which can wreak havoc on the market. Backstreet Boys star Nick Carter tweeted about the recently launched shiba coin — a spinoff of meme-inspired dogecoin — on May 10, sharing the hashtags #SHIBARMY and #shiba with a GIF of a spinning coin.

One shiba coin is currently worth less than one cent, but the cryptocurrency has increased in value by more than 2,000% over the past month, and currently has a market cap of $5.9 billion, according to Coinbase.

Pricey advice


The consultant offerings range from investment advice to tech help and assistance for people who want to set up their own cryptocurrency mining rigs at home.

And the prices vary, too. Cryptocurrency consultant Shane Staats started his career working in e-commerce and tech support in 2003. Since then, he's had a wide range of jobs, and he now owns a crypto consulting firm where he charges clients $650 per hour. "My price affects the clients that I attract," Staats told CNN Business. But he says some of his clients only need one session, and then they're off to the races.

Crypto consultant Russ Davis, who has pursued a variety of ventures in the last decade, including credit card processing, has seen his business, In Russ We Trust Crypto, take off this year. He said he consulted about 500 investors in February — a group made up of his friends, family members, and Facebook group followers. Each person invested, on average, around $300 in shiba coin, per his recommendation. At the time, the amount of money invested totaled about $150,000. At the coin's current value, those investments are now worth about $60 million, Davis told CNN Business. Since then, Davis says he has established a list of celebrity clients.

Risky business


As with the market itself, crypto consulting is totally unregulated, so consultants don't technically need official qualifications, and there is no way to know exactly how many advisers are pursuing this career path.

And as the public is becoming increasingly interested in investing in crypto, a huge part of the education process involves acknowledging the intense volatility in digital currency values. "It's a dangerous game," Mark D'Aria, CEO of Bitpro IT, a company that purchases crypto mining hardware, told CNN
Business. And when it comes to investing, "Unless you are prepared to watch your money disappear, don't even think about it," he said.

Robert Pagliarini is a certified financial planner and the president and chief financial adviser at Pacifica Wealth Advisors, where he focuses on financial transitions such as retirement, selling a business, inheritance, stock options and other sudden wealth events. "Certainly, over the last year, there have been a lot more conversations with clients about crypto investing," he said. "It's sort of just taken everyone by surprise, I think, in the financial world."

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Woman Receives Gift Card for Christmas – Discovers It Is ‘Worth’ 63,000,000,000,000,000 Pounds
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
×