Predicting the price of cryptocurrencies can only be achieved with in-depth research. That’s the job of on-chain analyst Willy Woo. He has an impressive social media following, and ran a popular Bitcoin newsletter for those who wanted to gain an edge in the market. As of 2022, Willy Woo has an estimated net worth of $10 million.
Woo was born in Hong Kong. However, he hasn’t yet shared his exact date of birth. His family relocated to New Zealand when he was still a young boy.
He got his primary and higher education there. He later moved to Canada and developed an interest in technology startups. Willy became a tech entrepreneur and developed mobile apps.
On several occasions, he returned to Hong Kong for work purposes. Woo subsequently became a stock trader and dabbled in gold during the 2008 financial crisis after quitting several of his businesses.
Introduction to Crypto
Willy Woo discovered Bitcoin from a colleague in 2013 while working on a new project. He studied crypto and likened it to digital gold. Not long after, he bought his first coins.
In 2014, he observed a flourishing Bitcoin community, which prompted him to delve deeper into the technology’s future. He eventually became an Bitcoin on-chain expert. This means that he understands how to analyze data on a blockchain ledger to determine market sentiment. He is a pioneer in on-chain analysis and has inspired the likes of Will Clemente.
Then, he built a reputation as an online writer covering more technical crypto related content. He has worked with major media outlets, such as CoinDesk and Forbes. This was how he gained a strong following on social media.
In 2016, Willy was a full-time on-chain researcher. He gained a lot of attention on Twitter, where he shares free market insights. He currently has 1 million followers on the social networking site.
He also started a website and blog called Woobull.com. It centers around crypto investments, and Woo showcases his studies and infographics there. There’s also his Substack newsletter, The Bitcoin Forecast. It aimed to help readers obtain a better grasp of the complex crypto industry. Sadly, the newsletter ended in May 2022.
Woo has made several accurate predictions and many have faith in his expertise. He believes that the future price of Bitcoin will reach $80,000 and $120,000 in the future. This looks unlikely to happen with Bitcoins price falling based on higher interest rates and less money printing in the US.
Net Worth and Earnings
As one of the most famous voices in the crypto space, Woo surely earns a lot as an analyst. His social media stardom led him to have one of the most popular newsletters on Substack. Because it was paid, he made a substantial amount from it.
He has a sizable portion of his wealth in digital assets with Bitcoin being his main holding. However, the market expert hasn’t yet disclosed his entire crypto portfolio. Still, it is believed that Willy Woo’s net worth is $10 million.
Woo and his online presence are solely because of his analyst work. He has never shared much about his personal affairs. The Hong Kong native has revealed in interviews that he does have a kid and is married but keeps his family life private.