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Crypto News - Posted on 15 March 2024 Reading time 5 minutes
DIGIVESTASI - Cryptocurrencies, virtual currencies whose security is guaranteed by cryptographic technology, have grown in popularity in Indonesia over the past two years. Indonesia's Ministry of Finance says cryptocurrencies are becoming more popular because the digital assets are not tied to a central authority such as a bank. The popularity of cryptocurrencies has also had a positive impact on Timothy Ronald's name. The 23-year-old is considered one of the most successful and influential crypto investors in the country, and has become increasingly well-known in recent years.
Timothy started all his success from scratch. He worked as a hair oil salesman, but became a real estate agent at a relatively young age to provide for his family. His hard work has been utilized to invest in the cryptocurrency market, specifically Bitcoin, since 2015.
He dropped out of college in his first year to get busy building the financial education platform Ternak Uang. Ternak Uang is ranked 9th on Linkedin's Top Startups 2022 list with hundreds of employees. Timothy said he was forced to drop out because he couldn't devote his time to formal training and a rapidly growing company.
However, even without formal training, Timothy's talent caught the attention of many companies in the investment field, including Sandiaga Uno, his mentor since the age of 19. Wanting continuous development, Timothy and his partner Karimasada founded the education company Crypto Academy in December 2022. Today, Crypto Academy is the largest crypto education company and crypto learning community in Indonesia, and has trained hundreds of thousands of crypto investors and traders through social media channels such as YouTube and Discord communities.
Timothy, who also collects luxury cars from McLaren and Porsche, plans to use the value of his massive cryptocurrency portfolio to establish Ronald Capital Family Office whose net worth is estimated at hundreds of billions of rupiah.
Timothy hopes that the knowledge he has shared so far can help future generations, especially in choosing investments that are appropriate and targeted.
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Source: cnnindonesia.com
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