Marvin Favis’ Profile Bio:
Marvin Favis is the leading crypto influencer in the Philippines, well-known life and financial coach, and social media celebrity. His expertise in crypto trading has led him to acquire a large following on social media. He is known for providing practical tips and advice that have helped others succeed in their trading journey.
From TV Networks to Multi-Level Marketing:
Marvin Favis graduated with a degree in Business Administration and Management Accounting. Before he became interested in cryptocurrency trading, Favis had worked for two of the biggest television networks in the Philippines, GMA, and ABS-CBN, where he managed the talent fees of celebrities working for those companies. He realized that his job wasn’t for him, so he began looking for other sources of income.
Marvin Favis resigned from his job after he joined Sante Barley, a Multi-level Marketing Company commonly known as Networking in the Philippines. He learned about proper mindset, public speaking, and character development in that company. Marvin earned a lot doing multi-level marketing and was able to build his businesses.
Entering the World of Bitcoin and Trading:
In 2013, Marvin Favis was introduced to Bitcoin by a colleague in the networking industry. He was told that the value of Bitcoin would rise in the coming years.
In 2015, he bought three bitcoins which cost around 18,000 – 20,000 Philippine pesos. After two years, the value of Bitcoin went up to almost three million Philippine pesos.
He refused to believe that Bitcoin was real until he decided to withdraw the money from Coins.Ph, a mobile application used in crypto trading.
Watch Marvin Favis Story on Usapang Crypto:
Marvin Favis started believing Bitcoin after he got his hands on the money he withdrew from the Coins.Ph. Though he already felt that Bitcoin and cryptocurrency are real, Marvin does not understand its concept and technology.
The former multi-level marketer Marvin Favis started learning about the concept and eventually transitioned from Forex trading to crypto trading and Web3.
Marvin Favis is popular for his “Hulalysis,” a term used to describe a technique that uses guesswork in trading. He was one of the first to introduce crypto trading to the Filipinos.
He wants to contribute to society by sharing his knowledge of digital currency. Marvin travels to different cities like Dubai and Singapore to tell people that crypto is the future of money. He meets with wealthy crypto experts to learn more about crypto trends and share them with his audience.
Businesses and Future Plans:
In addition to crypto trading, Marvin Favis invests in several businesses, including nightclubs, restaurants, and KTVs. He also owns several real estate properties available for long-term rentals and for Airbnb.
Marvin Favis hopes to invest in the restaurant business sooner this year; it will be located in some of the most popular malls in the country. Marvin is a content creator with over three million combined followers on YouTube, Tiktok, and Facebook.
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