Perth∙ A minimum wage job and a simple lifestyle was the life of Sydal Sierra until a few years ago. 35-year-old Sidel today owns an extensive car collection, including limited-edition Aston Martins, Porsches and Maseratis. Sidel spent $4.5 million to buy a ‘house’ on the Gold Coast. Sidel often spends $30,000 to celebrate the weekend, the Daily Mail reported.

However, seven years ago, Sidel was running his parents’ martial arts academy. At that time, a small amount was received as wages. “Until a while ago, I used to budget even for ‘luxuries’. Today, when I travel, I spend up to 3000 dollars for a day’s hotel stay. This was not possible for me in the past,” Saidel told Sierra Female Mail.

In 2016, Sidel decided to take a big risk – to invest all his savings in cryptocurrency. “I kept hearing about it, I read things about it. I finally decided to go that route,” Sidel said.

At first I put aside $2,000 for this, but I was afraid to invest. But later Sidel saw that many of the investments he made made huge profits. The $900 invested grew to $110,000 within three months, and he was shocked to see his first six-figure sum, the Daily Mail reported.

“I was afraid to manage my own money. One wrong click would make everything disappear. I didn’t want to do that,” said Sidel. Despite the scare, Sidel continued to reinvest. Thus more profit was made.

“Crypto-currency investors should not be emotionally attached to the numbers on the screen. They need to be converted into real money in due course. Because it is common for cryptocurrency to have periods of major setbacks. Then the funds go back 90 percent. As this crisis lasts for a long time, investors are losing money,” Saidal added.