how lucky him, make 100x profit from bitcoin's increasing price
really envy with early adopters of bitcoin
really envy with early adopters of bitcoin
You can envy People more good looking than you or luckier than you but what's the point?
Topic: 15-Year-Old Makes $100,000 on Bitcoin - page 3. (Read 8625 times)
You can envy People more good looking than you or luckier than you but what's the point?
i have $1,200,000 should i launch startup
Awesome! I think it's great that he sold when the btc were high. He obviously made a good investment with it. And he is still the BTC enthousiast he was, paying his employees in BTC most of the time. Probably means he bought a bunch back @ current pricings.
Are you the guy in question?
Of course he still is the Bitcoin enthousiast he was, it wouldn't make sense otherwise
I kinda wish haha. But it's cool that he sticks to bitcoin as a means to pay out his employees right? Gets the word out
If only he had waited.
Awesome! I think it's great that he sold when the btc were high. He obviously made a good investment with it. And he is still the BTC enthousiast he was, paying his employees in BTC most of the time. Probably means he bought a bunch back @ current pricings.
Are you the guy in question?
Of course he still is the Bitcoin enthousiast he was, it wouldn't make sense otherwise
Awesome! I think it's great that he sold when the btc were high. He obviously made a good investment with it. And he is still the BTC enthousiast he was, paying his employees in BTC most of the time. Probably means he bought a bunch back @ current pricings.
Thats really great to hear.
He made wise decision buying btc when the rate was lowest.
He made wise decision buying btc when the rate was lowest.
He sold when BTC was at 1,050 (+-) each, though many say he shouldn't of sold 100% of his coin, he made a smart move at the moment. currently he can reinvest from the profits of his business into BTC at $600 (+-) pay his employees and keep some for when they increase in price again, repeat and continue. If you simply just Hold with something that has no given 100% of growth or failure you may get nowhere.
Market cap is 8Billions, the potential is in the tens of billions then in the hundreds of billions without being too bullish
It could also fail
I hope his business will succeed, I will keep an eye on it
He sold when BTC was at 1,050 (+-) each, though many say he shouldn't of sold 100% of his coin, he made a smart move at the moment. currently he can reinvest from the profits of his business into BTC at $600 (+-) pay his employees and keep some for when they increase in price again, repeat and continue. If you simply just Hold with something that has no given 100% of growth or failure you may get nowhere.
Good for him, hope he doesnt spend it on drugs.
do not think a child that young age has a great mind and dare to exchange all the money for bitcoin. and he lived to enjoy the results now.
we are not too late to do the same, and we see the results the next few years
we are not too late to do the same, and we see the results the next few years
Nothing wrong with taking profits, but to exit the Bitcoin market entirely seems a bit hasty.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Long Terms Caps Gain Tax is something like 15%. Even if the tax guys take a cut of $15,000, he will be left with the remaining $85,000. More than enough to start a new venture, IMO.
He can retire @ 45 if he invested it wisely now
His new business is https://botangle.com/how-it-works : Joined members 1304 Botangle with a B like Bitcoin; it will sell for millions once it picked up
The site looks very professional. I think the kid hired staff to help him run the site.
Yes most definitely, it looks very profesionnal and it is actually a great idea and very user friendly
There is another 15-year-old kid who named Gong Jianhui ,he owned above tens thousands(It's said the number is five-figure sum) Bitcoins.
It's said he bought some video cards and mined Bitcoin in 2010.He is too young to go to high school but he dropped out now and started his own company.
You can check his weibo : http://weibo.com/gongjianhui
It's said he bought some video cards and mined Bitcoin in 2010.He is too young to go to high school but he dropped out now and started his own company.
You can check his weibo : http://weibo.com/gongjianhui
Good for him though he likely sold too soon!
sr. member
Activity: 448
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
Nothing wrong with taking profits, but to exit the Bitcoin market entirely seems a bit hasty.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Long Terms Caps Gain Tax is something like 15%. Even if the tax guys take a cut of $15,000, he will be left with the remaining $85,000. More than enough to start a new venture, IMO.
He can retire @ 45 if he invested it wisely now
His new business is https://botangle.com/how-it-works : Joined members 1304 Botangle with a B like Bitcoin; it will sell for millions once it picked up
The site looks very professional. I think the kid hired staff to help him run the site.
he was lucky, but kinda nice story tho
Nothing wrong with taking profits, but to exit the Bitcoin market entirely seems a bit hasty.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Long Terms Caps Gain Tax is something like 15%. Even if the tax guys take a cut of $15,000, he will be left with the remaining $85,000. More than enough to start a new venture, IMO.
He can retire @ 45 if he invested it wisely now
His new business is https://botangle.com/how-it-works : Joined members 1304 Botangle with a B like Bitcoin; it will sell for millions once it picked up
Nothing wrong with taking profits, but to exit the Bitcoin market entirely seems a bit hasty.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Long Terms Caps Gain Tax is something like 15%. Even if the tax guys take a cut of $15,000, he will be left with the remaining $85,000. More than enough to start a new venture, IMO.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
I am very doubtful he doesn't have any left
According to the article, he has sold all his coins for fiat. I don't blame him. Bitcoin is a very risky investment. You can lose all your net worth in a matter of few days, if not hours.
I know that he started a new business with his proceeds. I think the business was something bitcoin related
Nothing wrong with taking profits, but to exit the Bitcoin market entirely seems a bit hasty.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
Kid has got a head start on life, but $100k isn't very much especially after taxes.
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