Topic: 15-Year-Old Makes $100,000 on Bitcoin - page 2. (Read 8625 times)
Still, it's pretty darn amazing what kids can do these days.
TBH not sure how far $100k will go to pay developers to maintain and add features to a site like this, if that's his bankroll he needs to be making money pretty quick off the bat.
Did he buy at ~1$ and sell at ~100$?
If he would have holded till 1000$ he would have that million dollar now
If he would have holded till 1000$ he would have that million dollar now
Good luck to him. I hope he's done his research, this has been tried a few times before and failed.
Good for him! Not many 15 year old kids would have the vision, focus, or commitment to start their own business. he is gaining incredible skills and experience for someone his age, definitely going to be successful in life.
I love the deal he made with his parents, if he makes 1 million before 18 he doesn't have to go to college.
So what do you think? He will sit at home with just school education? He will go to college, but will be free to chose the subject he want. Or he could do some correspondence course from home.
He will likely not need to to college if his business is successful enough.
Many successful business owners either did not go to college or they dropped out of college.
Anyway hats off to him. Well done kid. 
I love the deal he made with his parents, if he makes 1 million before 18 he doesn't have to go to college.
So what do you think? He will sit at home with just school education? He will go to college, but will be free to chose the subject he want. Or he could do some correspondence course from home.
a very right decision to buy bitcoin when inherited from her grandmother,
he may have become a rich man now
he may have become a rich man now
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WOW, great story!
I find it interesting that there were several threads on this forum shortly before this story came out that were asking if someone under 18 could trade bitcoin on an exchange
I love the deal he made with his parents, if he makes 1 million before 18 he doesn't have to go to college.
Great lad,
guy got his own company and doing good!
guy got his own company and doing good!
nice investment....
Smart kid, but he made 1 mistake, he should have holded at least some of his coins.
Or does his website accept coins?
Or does his website accept coins?
Could have been $1mn if he had held on. Perhaps should have.
Arguably....
Arguably....
He can probably still buy back some at a cheaper price and I doubt he doesn't have any left
What he is doing is improving the lives of people like him, students that want to learn things that aren't taught where he lives.
Instead of speculating all day long he is actually trying to start a business. He already turned 1k to 100k.
What is being created here is another platform for online tutoring with chat, video and a shared whiteboard. I haven't used the site but I might.
Using the site you could get tutored by someone who graduated with honors for Computer science or someone who has worked years in animation etc.
That being said he could have held and 3 possible scenarios would happen. 1. Bitcoin price would have a temporary drop 2. Bitcoin price could remain the same for up to 3 years. 3. Bitcoin price could rise
So given that he had enough money to start his business I think he chose correctly. And who is to say he doesn't still have a few BTC stashed away?
Could have been $1mn if he had held on. Perhaps should have.
Arguably....
Arguably....
He can probably still buy back some at a cheaper price and I doubt he doesn't have any left
That is a very cool story. There is a good chance he regrets selling his BTC though.
Haha, that is true. But there was the chance to cash out and take the winnings vs loosing the money already made. At this point I can't say I blame him...
You sure he just cash out and dint cash in any more ?
May be he did cash out at high price and cash in low price and now cash out waiting for another moment again
That is a very cool story. There is a good chance he regrets selling his BTC though.
Haha, that is true. But there was the chance to cash out and take the winnings vs loosing the money already made. At this point I can't say I blame him...
And he used the currency all for himself... greedy bastard.
WOW, great story!
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