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Topic: How 18-year old boy became Millionare from Bitcoin - page 11. (Read 10906 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
I find such stories more damaging than inspiring unlike what many of the previous comments see it. I think when these stories like this are advertising bitcoin as something that you could buy in early days and become rich, aka a get rich magic investment. and that is not what we want and that is definitely not what bitcoin is created to do.
of course price is always a part of bitcoin since it is rising a lot and will continue to rise for many years to come but the biggest reason for this rise is that bitcoin is a decentralized currency that is offering something unique that the centralized fiat can not.
legendary
Activity: 2996
Merit: 1054
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seeing this 18yr boy is really inspiring , when I was 18 or 20 I didn't know anything and didn't achieve anything I am glad that I did came across trading and investing I feel good or else same works and job 
Being inspire from others story will gives you good hint to find your own way to achieve something out from where you are trying your luck,
this young boy who luckily become rich even in his young age can give everyone inspiration not to stop believing that somewhere in the right
place and time you will also have the same chance as him.
full member
Activity: 1470
Merit: 148
A good inspiring message from a teen. Luck was on his part and he make judicious used of the opportunity to become a millionaire in cryptocurrency. This is a positive news even though the news is outdated. Would love to increase my portfolio in order to make a reasonable amount of money when the bull run will start.   
hero member
Activity: 1358
Merit: 851
Quote
"I say if you do not become a millionaire in the next 10 years, then it’s your own fault."

It's a big statement! An 18 year old male who grew up in an affluent family, is not a good fit for making such statement! Becoming a millionaire doesn't make you eligible for such statements!

This is copied as well. Not exactly but copied the theme of the sentence. Bill Gates said almost the same- "If you born poor, it's not your fault but if you die poor, it's your fault." Aren't both refer to the same theme?
Being millionaire through investing in Bitcoin is risky. I would save some bucks on a regular basis if I ever wanted to be a millionaire.
brand new
Activity: 0
Merit: 0
Pretty happy for this young guy at least he is a millionaire. I hope he will buy again a lot of bitcoins with his million  Grin
sr. member
Activity: 396
Merit: 250
seeing this 18yr boy is really inspiring , when I was 18 or 20 I didn't know anything and didn't achieve anything I am glad that I did came across trading and investing I feel good or else same works and job 
legendary
Activity: 2030
Merit: 1028
Every people have their own chance to be millionaire.
5 years ago, I can made $ 100.000 profit if I sold all of my bank's balance for crypto.
9 years ago, if I knew crypto will make me rich, I will leave my collage and start investing crypto

So it's a matter on how fast do you believe on something unpredictable !?
hero member
Activity: 2590
Merit: 644
Well, he was a lucky young boy who had already a rich family. He can actually buy more bitcoin if he can afford it, he has begun to purchased bitcoin in the year of 2011 which bitcoin is very cheap. And now, he is very well-known for his very young age he became a multi-millionaire after he received a gift from his grandmother. Each of us has a different background of our family and maybe he just can afford and luckily he early discover bitcoin while it is cheap and he's not depending on what he invested.
sr. member
Activity: 1778
Merit: 309
Whether it is true or not He became rich through bitcoin, all I can say is that bitcoin can be a way for us to change our lives and it could help us to become rich or lead us down to poor situation. Because, as far as I know bitcoin was a volatile digital currency were there is no stable in terms of price. But this was just my opinion only.

Indeed it is one of the ways that can change our lives most especially if we are smart in handling our bitcoins, it just a matter of properly managing your bitcoins. This boy however has an edge over the other investors because he is from a rich family and he was given thousands of dollars just to buy what he  wants and in this case he bought bitcoins. I'm sorry but I don't envy or i'm not really inspired by his story knowing he didn't get bitcoins from hard work, he was given money to buy it and sell it at the time where bitcoin's price is high, though  I can say he is smart because he was able to sell it at the time where he can get high profits. It would have been better if he started from scratch.
hero member
Activity: 2646
Merit: 686
I am talking about Eric Finman.

An inspiring story that is worth to read.

This is just a summarized of his journey.

Eric Finman is just a typical 16 year old student who is bright and creative. He has smart two brothers and he is the youngest. He is into latest technologies. When his brother introduced digital currencies (bitcoin) at 2013 who his brother brought 50 bitcoins. He decided to compete his brother by buying hundreds of bitcoin worth $1,000 in which his grandmother's  gave.

His brother Ross gave him a book by Ohanian ( a co-founder of Reddit), which indicates the power of internet and which got Eric's attention and interests. He is eager to meet him but there is $8,500 fee which made his parents think it was too much. With his eagerness he founds out and discovered that the bitcoin reached $1,200 and he sold his bitcoin to $100,000.

Finally, he met Ohanian. It amazed him how matured enough Eric when it comes to technology. One time, as a freelancer, he make a Flappy Bird knockoff  game and Ohanian is an eye opener for Eric's eagerness to use internet as a source of income.

He produce his own programmers, etc. And made his own company.

I just thought Mark Zuckerberg is the youngest millionare. Now, it is Eric Finman.

Here is my favorite line from my idol,

Quote from: Eric Finman
"I say if you do not become a millionaire in the next 10 years, then it’s your own fault."

He is now 18 years old. Despite of being disppointment in terms of education, he is now a successful and the youngest millionare by bitcoin and by his innovations and by being creative.

Read the full article here.
After reading the entire I post I feel he got very lucky, and I hope he does not gets carried away by his success. Did anyone else realise he sold his coins at $1200, and had he waited few months longer he could have sold it at $20k. The only lesson I took from this post was that one should hodl his coins for the long term, he maybe a millionaire now but due to his decision of selling early he lost out on a very big fortune.
legendary
Activity: 1792
Merit: 1283
It would be infinitely more awesome if someone became a Bitcoin millionaire by starting from scratch.
Still waiting for a story where some random kid invested his money that he earned by himself into Bitcoin.

Lol, imagine someone mowing lawns and asking to get paid in Bitcoin, with a bit of luck they could have a nice bit of savings when they're 18 Tongue
legendary
Activity: 3010
Merit: 1280
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So, how did he become a millionaire because of bitcoin when the story goes like this?

Quote
With his eagerness he founds out and discovered that the bitcoin reached $1,200 and he sold his bitcoin to $100,000.

Last time I checked 100 000 is ten times less than a million Cheesy

Another clickbait topic?Huh

LE:
Oh crap, a 2014 article?
Btw: http://erikfinman.com/ lols...

Lol nice catch,  I also wonder why he is the youngest millionaire when he just sold his BTC totalling $100k.  Either way,  I am not inspired with his story, would have better seeing someone who has none, working hard for BTC payment, saving it until the value of his saving turns to $1 million.    I believe this kind of story is just a made up or make believe story just to highlight how BTC can get you rich fast.  And the story isn't about him making millions with his Bitcoin savings but rather the turn of events that happen in his life.  And I believe there is someone who is pulling the string behind this person's success.
full member
Activity: 854
Merit: 108
I have already heard and read many real life stories like this before that they become rich because of Bitcoin. All that i can say that they are very lucky that they never think twice in joining Bitcoin investments in which they become prospher in life unlike most of us here that no matter how hard we tried but its look like we need to become fortunate too just like them in order to become rich in Bitcoin too.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
So, how did he become a millionaire because of bitcoin when the story goes like this?

Quote
With his eagerness he founds out and discovered that the bitcoin reached $1,200 and he sold his bitcoin to $100,000.

Last time I checked 100 000 is ten times less than a million Cheesy

Another clickbait topic?Huh

LE:
Oh crap, a 2014 article?
Btw: http://erikfinman.com/ lols...
hero member
Activity: 1484
Merit: 516
Lucky buying BTC in 2013, becoming a millionaire 10 years later I believe but not everyone gets the chance, little boys spend a lot of money not everyone can. Right what words avikz, but it all makes us all excited again in this industry by seeing the boy.
brand new
Activity: 0
Merit: 0
This guy has to be successful. Think in the future we still hear about him
sr. member
Activity: 1596
Merit: 335
He's lucky that he's into the latest technology at an early age.
A lot of people aim to be a millionaire but fail to reach their goals no matter how hard they work for what they want but this young boy's life has changed too early because of cryptocurrency. I'm sure that he has never doubted about Bitcoin last 2013.
full member
Activity: 560
Merit: 121
Girls could be running after him now that they know he is a millionaire. Not just millionaire but also young and bright, not mentioned that he is but by the decision he made it is a clear indication that he is indeed smart. Not everyone has a strong instinct like his. Anyway, a lot had regretted for not believing in bitcoin earlier.
legendary
Activity: 3668
Merit: 6382
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He decided to compete his brother by buying hundreds of bitcoin worth $1,000 in which his grandmother's  gave.

Wow, so we have a story about a spoiled rich kid that had a lucky strike and now, in his arrogance, thinks he's smart investor.
No. This is not really a story that would help anybody. He's not somebody to follow.

Btw, at that age, if by chance I got 25$ from my grandmother (and not 5-10$), that was already *a lot*. And it happened maximum once per year.
sr. member
Activity: 1568
Merit: 321
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I read an article about him. He seems so into himself, he acts like someone who is capable of doing everything just because he earned millions with bitcoins. I just don't know if he is just provoking and getting the attention of other people for them to start investing and believing on bitcoin or he is just a total jerk, who knows. By the way, he's so lucky and somehow impressive in controlling his emotions not to do panic selling back then. Maybe some people are still regretting not doing the same thing when they had the chance before.

I guess everyone sees the story I see? A 16-year-old with a serious amount of money in his hands. And this kid was able to get rich with some luck in his life. I'm not trying to belittle her. I wonder how many children would be called if they failed to enter a similar adventure.
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