Sydel Sierra, 35, from Perth, became a millionaire at 30 despite “struggling to get a minimum wage job” at 27.
A young mother-to-be has revealed how she turned $900 into millions after becoming frustrated with her minimum wage job and thrifty lifestyle.
Sydel Sierra, 35, from Perth, chooses between her limited edition Aston Martin, a Porsche and a Maserati every time she needs to leave the house.
He paid $4.5 million cash for his ‘family home’ on the Gold Coast and is happy to spend $30,000 on a nice weekend.
Plus, you’re completely debt-free.
But Sydel didn’t come from money, and just seven years ago she was “getting by” on minimum wage while running her parents’ martial arts academy.
He earned $750 a week “trading time for money” and had a budget to cover even the most basic “luxuries.”
“Now that I travel I pay $3,000 a night for a hotel room. The old me wouldn’t believe it. I would have had to stretch myself for an entire three-week trip,” she told FEMAIL.
The self-made billionaire has maintained her down-to-earth persona despite making more money than she ever thought possible.
In 2016 everything changed when he decided to take a big risk and invest all his savings in cryptocurrencies.
“I kept hearing about it, so I read it and decided to give it a try,” he said.
The young woman’s life now revolves around luxury: pictured with a $3 million Aston Martin.
Sydel has traveled the world “several times” in luxury since “making more money” than she ever dreamed of.
“I saved $2,000 and I was too afraid to invest it,” he admitted.
But one of his investments took off. She had invested $900 and in three months she had become $110,000.
“It was unbelievable that I had never seen six figures before,” he said.
‘I was terrified of managing my own money. “I didn’t want to make one wrong click and have it all go away,” she said.
Despite her fears, the young woman went from strength to strength and admits that the achievements were sometimes overwhelming.
“I took out $100,000 to pay for part of my vacation; I updated the page and the investment had increased by $200,000,” he said.
Before making money with cryptocurrencies, the young woman worked in the family business and earned $750 a week.
Now he spends more ‘on a hotel night’ than he would have earned in a month
The young woman went on to “skim the cream off the top” of her investments to fund a new “high roller” lifestyle and says it is important to be able to “press the cash out button.”
“It’s important not to get too emotionally attached to the numbers on the screen; you need to convert them into real money by cashing in,” he said.
“Because then crypto winter hits and funds drop by 90 percent.”
These “winters” may seem long and “less fun,” but Sydel has managed to get through them without sacrificing the good things, or getting a “job.”
Speaking to FEMAIL, Sydel revealed that she is happy to spend $30,000 on a weekend away and can splurge like never before.
“There are fewer purchases and waste. But once you’ve been doing it long enough, you prepare for the winter and take out enough to fund your lifestyle before it declines,” she said.
‘Timing is important: people buy from the top and then become cynical. You have to be patient because when the next golden season comes it is better to have some skin in the game than none,” he said.
The young woman has a $4.5 million cryptocurrency portfolio, but has also used her success in the space to buy investment properties, including houses and farmland, to diversify her portfolio.
Sydel was so excited when she started making money that she taught her parents how to do it too.
Sydel helped her parents get “into” cryptocurrency investing and was proud of them when they walked into the bank and “paid off all their debts with one check.”
“They went into the bank and paid all their debts with one check,” he said.
He said his parents were like many “middle class” business owners with a few different debts and mortgages.
She said she could have done it for them, but teaching them how to do it felt amazing.
“Now they are retired and travel a lot,” he said.
The mom-to-be primarily travels or “leads a vacation lifestyle” on the Gold Coast. She says that “working” is more of a hobby.
“I’ve written books, run a cryptography training program, and love public speaking,” he said. “I just do things I enjoy when I feel like doing them.”
Sydel now chooses between a Porsche, Aston Martin and Maserati when she leaves the house every day, although she is expecting a baby, so the Maserati will soon be her main vehicle as it is the only one suitable for a baby seat.
But you no longer have to “trade hours for money.”
In fact, you often only put a few hours a month of active effort into your portfolio.
Sydel could have retired after his first year of investing in cryptocurrencies, however, he decided to make a “slow fade” into academia as it was a family business.
He has helped other people learn to trade and claims that late 2024 and early 2025 will be lucrative for people in the industry.
“This happens every three or four years; I got in before it happened in 2016 and benefited again in 2021,” he said.
He said that in 2021 he helped invest a woman who had great success.
“She invested $4,000 and is now worth more than $9 million,” he said.
Sydel is preparing for the upcoming gold season and suggests newbies invest some money in a “safe” option like Ethereum, which won’t have big financial rewards but will grow over time.
He then tells you to choose a riskier “coin” because sometimes it can pay incredible dividends, like his recovery of between $900 and $110,000.
