Although the cryptocurrency community is familiar with Andrew Tate’s love for Bitcoin (BTC), the social media personality and former professional kickboxer also seems bullish on the market’s largest altcoin – Ethereum (ETH) – as he recently suggested it would surpass an important price level.
Indeed, true to his style of communication, the popular influencer with a massive following promised his followers on social media platform X (formerly Twitter) that he would call them all “losers” if Ethereum hits the price of $4,000, according to his X post on May 22.
At the same time, Tate shared his post from early March, when he correctly predicted that Bitcoin would reach $70,000 and, as promised, told his audience they were losers when the flagship decentralized finance (DeFi) asset, indeed, crossed this important psychological barrier.
If eth goes to 4k I will call you all losers. https://t.co/VbF0eaXQwe
— Andrew Tate (@Cobratate) May 22, 2024
Andrew Tate net worth
In early April, he asked his followers if he should “buy 10,000,000 of bitcoin” (offering only ‘yes’ options), indicating plans to buy $10 million worth of Bitcoin, adding up to the estimated Andrew Tate net worth between $4 million and $12 million, most of which comes from cars he owns with his brother Tristan Tate.
Buy 10,000,000 of bitcoin right now?
— Andrew Tate (@Cobratate) April 2, 2024
Furthermore, he has also claimed to have earned about $85 million on “Defi land” during the previous bull run, acknowledging that there might be worthwhile digital assets out there and inviting his audience to take a guess at what these valuable crypto assets were this time around.
There’s meme coins that’s great.
But each bull run there are the genuinely technological useful or innovating blockchain coins.
Last bull run was Defi land. Made 85M on pancake.
Do you know what they are this bull run?
— Andrew Tate (@Cobratate) March 18, 2024
Andrew Tate Twitter teachings
As a reminder, the influencer often uses X to propagate his often controversial ideas among his supporters, and he has also revealed his Bitcoin dollar-cost averaging (DCA) strategy, according to which he has been buying BTC “every single week without fail” since 2018.
I bought my first bitcoin in 2018.
Since then, I’ve been buying some bitcoin every single week without fail.
And I’ve never, ever, not once – sold ANY.
Do you understand?
— Andrew Tate (@Cobratate) March 29, 2024
More recently, Tate announced he was going to completely abandon fiat money and buy over $100 million worth of Bitcoin after he touted the largest asset in the crypto market as the only acceptable monetary and investment choice, as Finbold reported on May 16 and April 29.
The dollars fucked.
Real estate (and most other investments) they will take off you once you don’t comply with their tyranny.
And the tyranny will become worse than ever.
Leaving bitcoin.
There’s no other option.
— Andrew Tate (@Cobratate) April 28, 2024
Meanwhile, Ethereum, which appears to be his most recent crypto recommendation, was at press time trading at $3,810.13, getting closer to Tate’s predicted price as it advances 1.53% on the day, 26.38% across the week, and 20.91% in the past month, as per data on May 23.
That said, doing one’s own research, weighing all the risks, and keeping up with any relevant Ethereum news is critical when investing in the asset, as the situation in this sector can sometimes change unexpectedly.
