Imagine living in Dubai’s gleaming towers, driving luxury cars, and jet-setting across the world—all funded by what you’ve gained in crypto. This is not some overnight fairy tale but the real story of the UAE’s top crypto mogul. They’ve turned digital coins into a goldmine through bold moves and smart strategies. Ready to see how it’s done? Read on to see the secrets that helped build this unstoppable crypto empire.

Meet One of the Crypto Tycoons in the UAE

Carl Runefelt. Source: Entrepreneur Middle East

Alt: Carl Runefelt.

Carl Runefelt, better known online as “TheMoonCarl” is a 30-year-old crypto billionaire making waves in Dubai’s luxury scene. Originally from Sweden, Carl’s journey is far from the typical billionaire path. 

Just a few years ago, he was stacking shelves at a grocery store. But in 2022, he turned his life around by diving headfirst into crypto, sharing his journey and insights on YouTube. Today, Carl’s net worth sits at a cool $1.1 billion, thanks to smart investments, a knack for spotting trends, and his own crypto token, Kasta.

Carl’s bold predictions on Bitcoin and his unique lifestyle earned him a spot on Forbes’ 30 Under 30 list in 2021. Living in Dubai now, he’s the embodiment of how crypto can fuel a high-life transformation—that is luxury cars, exotic travels, and financial freedom.

How He Made It Big in Crypto

Carl Runefelt in 2019. Source: Instagram

Alt: Carl Runefelt in 2019, having some fun in Cannes.

TheMoonCarl didn’t come from a flashy background. Originally a grocery store worker in Sweden, he was just like any young person hustling to get by. But Carl was always curious about what could take him beyond a regular paycheck. 

In 2022, he took a leap and entered into crypto, starting his YouTube channel to document his journey and share his thoughts. Today, he's a self-made billionaire with a net worth of around $1.1 billion, millions of followers, and major investments in over 400 crypto startups.

So how did this former grocery store clerk make it big so fast? Carl’s journey isn’t just about luck; it’s about bold choices, smart risks, and an unwavering belief in the future of crypto.

Big Moves: How He Grew His Wealth

Carl didn’t waste time after entering crypto. He recognized early on that Bitcoin had the potential to change the world and quickly shifted gears from “curious onlooker” to “all-in investor.” One of his first big moves was driving massive traffic to crypto exchanges like Binance, Bitflex, and Bybit, where he earned revenue that he reinvested into crypto. His aggressive approach to investing allowed him to rapidly grow his portfolio.

But Carl didn’t stop with just holding Bitcoin. He invested in projects he believed would lead the next wave in blockchain tech. Some of his big-name investments include Star Atlas, a blockchain-based video game with a metaverse twist; SolRazr, a Solana-powered decentralized developer ecosystem; and Victoria Virtual Reality Metaverse. His goal? Find the projects that would dominate the future and get in early.

Even Carl admits that he isn’t a typical “crypto influencer.” While he has a massive following—1 million on Twitter, nearly 280,000 on Instagram, and 500,000 on YouTube—he prefers the title of entrepreneur and investor. For Carl, crypto isn’t just a trend; it’s a revolution. “I’ve personally invested in almost 400 crypto startups because I’m confident crypto will dominate the world,” he says. He’s focused on making these investments early, seeing it as a unique opportunity to build wealth as crypto heads towards mass adoption.

Facing the Challenges and Risks

Crypto is a wild ride, and Carl knows it better than most. The market is notoriously unpredictable, with wild swings and sudden crashes. Carl has weathered the ups and downs by staying grounded and always thinking two steps ahead. One of his strategies? Avoid risky hype projects and focus on fundamentals. While others rushed into NFTs and “hot” tokens, Carl advised his community to stay cautious, avoiding poorly structured projects with weak fundamentals.

Carl Runefelt in 2022. Source: CryptoPotato

Alt: Carl Runefelt in 2022.

In 2022, the crypto market hit a major bear phase, wiping out billions in value. But Carl saw this as a learning moment. Instead of backing away, he doubled down, using the market downturn to educate his followers on risk management. He believes in caution, saying, “I hope the bear market teaches everyone the value of patience and research.” Carl’s resilience has allowed him to bounce back from tough times, proving that it’s not just about fast money; it’s about building something that lasts.

Staying True to His Beliefs

Carl’s belief in crypto’s future is unwavering, and he backs this with action. He launched The Moon, a social media platform where he shares crypto insights, technical analysis, and news to empower people to succeed in trading. The platform has grown a dedicated following, helping others learn the ropes of crypto trading. But Carl didn’t just stop there—he also gives back to his community by sponsoring Formula 2 drivers with $2.5 million yearly, showcasing his passion for making an impact beyond crypto.

What sets Carl apart isn’t just his wealth but his commitment to his core beliefs. He’s confident that crypto will lead the future economy, and he’s placing his bets on that vision. He’s backed established projects like Magic Craft and Medieval Empires and also 400+ smaller startups that he believes have the potential to shape the world. Carl wants to make money and also be part of a movement that could reshape how people think about finance.

Lessons from Carl Runefelt’s Story

Carl Runefelt in a private jet. Source: Aspire Magazine

Alt: Carl Runefelt in a private jet, working with his PC.

Below are the lessons you can pick from this story:

1. Start Small and Smart

Big things start small, and so should your crypto investments. Carl didn’t throw in his life savings; he began slowly, learned the ropes, and let his wealth grow over time. Like he said in an interview: “There is no such thing as getting rich quickly. People don’t get rich quickly. They do so but by taking risks, having patience, researching, and hiring great talent to help them navigate any field in any industry. I didn’t get rich quickly. It happened over 2 to 3 years because I have a great mindset, a huge passion for crypto, and then I also applied the law of attraction.” Small steps keep you safe, and patience lets you see real gains without stressing too much.

2. Stay Updated with Market Trends

Keeping up with crypto can be a full-time job, but a few quick daily habits can keep you on track. Use apps like CoinCROWD and follow crypto influencers like Matthias Mende on Twitter for real-time updates. A few minutes daily can make you smarter and ready for big changes.

3. Diversify (Don’t Put All Your Eggs in One Coin)

Crypto is like snacks—you want different flavors! Spread your investments across a few coins to lower risk. This way, even if one coin dips, others might balance it out. You want to have backup snacks when your fave runs out.

4. Have a Plan for the Ups and Downs

Crypto moves fast and wildly, so get used to it. Set limits on gains and losses so you’re not panicking when prices swing. Mental prep is everything—stay calm, stick to your plan, and don’t let short-term drops shake you.

Words of Wisdom!

If Carl’s story fires you up, take that spark and make it your own. Whether you're ready to dive into crypto or just want to explore, remember that every big success starts small. Staying curious and learning a little each day could be the key to a future you never thought possible. Who knows? Maybe the next crypto billionaire is reading this right now—why not make it you? With smart moves and patience, your crypto journey could be just getting started.