Friday, June 9

Sambatech CEO sells car and invests in cryptocurrencies

A Brazilian TOP influencer on LinkedIn revealed that he sold his car and invested the entire amount in cryptocurrencies and a real estate fund. Founder and CEO of Sambatech, Gustavo Caetano is a TOP 5 Influencer on LinkedIn, counselor at C&A in Brazil, partner at Raccoon Marketing Digital, member of the Board of the Ayrton Senna Institute and also at ITEMM.

With this extensive experience in the entrepreneurial market, he decided to embark on a new journey in his life, which involves using a subscription car.

Brazilian sells car to use subscription option, value was applied in cryptocurrencies and real estate funds

Last week, Gustavo Caetano took a different initiative for most people in Brazil, when he decided to sell his car with the help of a startup.

Known among the innovation community in Brazil, he ended up making this sale in less than 24 hours, according to a publication in his LinkedIn, a social network with more than 625 thousand followers.

“I am amazed at the power of startups and how they revolutionize inefficient markets. The last car I sold direct was more than 5 months in a used store in BH.”

After selling his car, many followers asked him what he considered to take this unconventional attitude. One of them asked what the real advantage would be in selling his used car on the market.

In this way, he explained what he considered to sell his car, such as costs, among others. However, he explained that he saw the potential for the appreciation that the car could give him, money he put into cryptocurrencies and real estate as an investment.

“I took into account the devaluation of the car, plus IPVA, plus the revisions that I did only at the dealership, plus the insurance, and the income from the money from the car I sold, which I put in a real estate and crypto fund.”

Gustavo Caetano explained the thesis that led him to invest in cryptocurrencies /LinkedIn

That is, he showed that it is possible to better understand the costs of a car and evaluate the cost-benefit, which in his case pointed to cryptocurrencies.

Which cryptocurrencies did Gustavo buy? And real estate?

In a conversation with Livecoins, Gustavo Caetano said that cryptocurrencies are a great opportunity for the current generation to increase their wealth.

“In the time of our grandparents it was land and our generation has the opportunity to invest in the beginning of a new market”.

Thus, he said that 90% of the value of the sale of his car was placed in cryptocurrencies, diversified portfolio between Polkadot (DOT), Polygon (MATIC), Solana (SOL) and Fantom (FTM).

Regarding the real estate fund, he told the report that he invested in Valora RE III Fundo de Investimento Imobiliario (VGIR11). This investment is based on investment in bonds and securities.

Charged by his followers, Gustavo said he will tell in the future his experience with the attitude he has taken in recent days.

Created a Telegram channel to gather hot topics about cryptocurrencies

Influencer Gustavo Caetano has also created a group on Telegram where he is gathering followers to talk about the cryptocurrency market. In his new communication channel, he stated that he has been using Binance to buy his coins since 2017, and he is very excited about the potential of the market, he stated in November 2021.

“I am convinced that we have a unique opportunity to invest in an asset that is far below the value it can reach. It’s our generation’s chance.”

Like him, many other LinkedIn influencers have recently declared their support for Bitcoin and cryptocurrencies, such as Ricardo Amorim, an economist who has one of the most famous profiles on the internet and who in May 2021 said that this is a sector that is here to stay.