Leveraging Crypto for Financial Freedom: A Real Estate Investor's Perspective
“Tough times never last, but tough people do.” - Robert H. Schuller, Motivational speaker, and author
Leveraging Crypto for Financial Freedom
A Real Estate Investor's Perspective with Corey Geary
In a compelling episode of the REI Hacker Podcast, Benson Juarez interviews Corey Geary, a real estate and crypto entrepreneur whose inspiring journey highlights transformation, resilience, and innovation. From battling substance abuse in the casino industry to achieving financial freedom through real estate and cryptocurrency, Corey’s story offers valuable insights into leveraging emerging opportunities for wealth creation.
Corey's Journey: From Addiction to Entrepreneurship
Corey’s personal transformation is nothing short of remarkable. He openly shares how his life took a turn after struggling with addiction:
"I was working in the casino industry. I was, you know, an alcoholic, a drug addict. I mean, I was going nowhere fast... Real estate and entrepreneurship saved my life."
At age 37-38, Corey made his first real estate deal, inspired by the TV show Flip or Flop. It wasn’t an instant success—earning $6,000 after six months—but it was the beginning of a life-changing journey.
Now, years later, Corey reflects on how his entrepreneurial path has profoundly shaped his life:
"I'm truly blessed to say that, you know, I've been sober for multiple years. I have a beautiful family of two wonderful daughters... I live in Puerto Rico, like, and that would have never happened if it weren’t for my entrepreneurship journey."
From Real Estate Success to Cryptocurrency
Corey didn’t stop at real estate. After completing over 1,000 deals and developing the Novation Nation system, he realized that despite his financial success, he wasn’t truly free.
"After reading The Untethered Soul, I realized I had built a seven-figure prison in real estate."
The opportunity to break free came through cryptocurrency. Corey recognized its transformative potential, stating:
"From 2020 and beyond, there's more millionaires and billionaires created in cryptocurrency than any other asset class in the world."
His transition to crypto wasn’t just about the wealth—it was about the freedom and future it represents.
Understanding Cryptocurrency as a Financial Tool
Corey emphasizes that cryptocurrency isn’t just an asset class; it’s a solution to a fundamental problem in the monetary system:
"Cryptocurrency solves a problem for humanity. Right now, we work hard for our money... all while the government is printing more money."
The vision of decentralized finance, first introduced by Bitcoin’s anonymous creator, Satoshi Nakamoto, resonates deeply with Corey:
"Satoshi Nakamoto saw that in 2009... there has to be a better monetary system, a monetary system for the people, not one that the government controls."
As the world faces inflation and monetary policy challenges, Corey believes cryptocurrency offers a way to protect financial freedom:
"There's gonna be a war one day... between the government's form of cryptocurrency, CBDCs, and then true decentralized finance."
Corey’s Crypto Investment Strategies
Corey shares practical advice for those looking to generate passive income through cryptocurrency. He highlights three main strategies:
Mining: "If you had 100 grand, you're gonna earn about 15k a year mining."
Crypto Dividends: "...about 28 grand a year in dividends."
Liquidity Providing: "...about 60 grand a year in liquidity providing."
He also advises maintaining a balanced approach with his "90-10 portfolio" strategy:
"We like to tell everyone to at least have what's called the 90-10 portfolio. So 90% of my crypto assets are in core assets... Then 10% goes into more speculative plays."
This structured approach allows investors to balance stability with the potential for high returns.
A Vision for the Next Generation
Corey’s mission extends beyond personal success. He’s passionate about equipping the next generation with the tools and knowledge to thrive in a changing financial landscape:
"I want to make sure that my kids have these tools and they understand this... because the world's gonna be different when they're my age."
Living in Puerto Rico, Corey now co-leads the DeFi Crypto Alliance, a network of 250 members focused on decentralized finance education and collaboration. His work reflects his commitment to empowering others to seize opportunities in cryptocurrency.
Key Takeaways from Corey’s Journey
Transformation is Possible: Corey’s story proves that anyone can turn their life around, no matter how dire their circumstances.
Crypto’s Wealth-Building Potential: Cryptocurrency has created more millionaires and billionaires than any other asset class in recent years.
Passive Income Strategies: Mining, dividends, and liquidity providing offer attractive returns for crypto investors.
Decentralized Finance Matters: True financial freedom comes from systems that are not controlled by governments.
Prepare for the Future: Teaching the next generation about cryptocurrency is crucial for navigating an evolving financial world.
Final Thoughts
Corey Geary’s journey from addiction to financial freedom highlights the power of transformation, perseverance, and vision. His transition from real estate to cryptocurrency reflects a broader trend in wealth creation, offering valuable lessons for anyone looking to explore emerging opportunities.
To learn more about Corey’s strategies and vision for the future of cryptocurrency, listen to the full episode of the REI Hacker Podcast.
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