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Topic: How 18-year old boy became Millionare from Bitcoin - page 2. (Read 10906 times)

full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
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.
isn't the highschool dropout whos the first youngest millionaire in bitcoin?the one that made a agreement to his parents that if he become a millionaire before entering college is they will not force him to go schooling agaiN?
i cannot dig the thread that talks about that but i am sure there is one.



edit:

yeah sorry it was Eric Finman but what i have read in past that he is a HighSchool Dropout right?
legendary
Activity: 3108
Merit: 1029
I really admire the young Eric Finman who became a bitcoin millionaire. He is just a 16 year old student who already has a deep understanding of the digital market. Not everyone succeeds in this area even though they are economically strong. I hope to meet Eric to learn from experience.
it all comes down to the initative of this young man, imagine if it's other kids that got the money they would've spend out to something that's useless like gaming which is a total waste of time.
He's also making a company and the recent news I heard it's about learning site and sold it to a big company for big money aswell. I hope It could motivate people to achieve that feat in the future so it'll create more enterpreneur.
sr. member
Activity: 560
Merit: 256
I really admire the young Eric Finman who became a bitcoin millionaire. He is just a 16 year old student who already has a deep understanding of the digital market. Not everyone succeeds in this area even though they are economically strong. I hope to meet Eric to learn from experience.
full member
Activity: 1330
Merit: 248
I am talking about Eric Finman.

Image source

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.
I think it is also because of his luck not only because he is really smart about the new technologies, he is lucky enough that his brother introduce bitcoin to him at the right time and invest money using his grandmothers gave to him which is really a great time to invest because the price before is cheap unlike now. I don't believe in a saying that it is our fault if we die poor. Sometimes people become rich because of luck not because of their hard work, even if how hardworking you are if people around you are corrupt especially on a company you are in then you will not going to rich.
full member
Activity: 1246
Merit: 102
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He believed and he made himself a millionaire out of bitcoin. Everyone can't be the same, also I don't agree with the statement if you can't be a millionaire by the next ten years it is your fault. There are lot of people who have been working hard for more than ten years with perfect plans but unable to achieve what they desired. Here to we need luck or the fate to be a millionaire.
strong analysis and the courage to take risks is the main key to success, no matter the age of the person. people who are not necessarily have a strong psychological. therefore ask ourselves, is the path we take is correct? so that it can foster confidence to get success
full member
Activity: 1484
Merit: 136
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we dont actually know if he is the only one younger became the only millionaire in bitcoin, because there are some who are actually own much bitcoin during 2009 who I think is way younger, but I think he became millionaire either he is given money by his parent
and bought some bitcoins and forgot it for a long time then when the coin starts a bullrun suddenly the boy realize he got some coins and exchange it to cash I think thats how he became billionaire

Bitcoin is starting for many years, and only a few people are starting using the bitcoin. Many investors try to invest their money on this kind because they predict on the future and they become a millionaire; I think this child has a lot of help from his parents because on that young age they are not paying attention to those things they don't know. Still, if the parents have enough knowledge in using cryptocurrency, it has a good future for the child because, at an early age, he knows how to trade perfectly soon. Because in the next coming year the price of the bitcoin grows up or falls, it depends on the market, so this kind of scenario is easy to manage to him.

seems like luckiness is the biggest factor here although I must admit that the part of creating his own company is his hardwork. you can't really blame yourself after 10 years of hardwork and you failed to become a millionaire. everyone has their own luck and there are some people who are really hard working and smart struggles to create fortune or in other word trying to become a millionaire but failed miserably.

By the support of his parents on using cryptocurrency, he becomes the youngest millionaire of bitcoin. Still, this kind of power takes a lot of guidance from his parents because of too much money he already got. Also, it helps to his future they can use the earning money to the future of the family, education of the child or to reinvest in bitcoin because they know how to grow up the bitcoin rapidly for this coming years, so they know how to improve it again with a lot of profits
sr. member
Activity: 1092
Merit: 256
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He believed and he made himself a millionaire out of bitcoin. Everyone can't be the same, also I don't agree with the statement if you can't be a millionaire by the next ten years it is your fault. There are lot of people who have been working hard for more than ten years with perfect plans but unable to achieve what they desired. Here to we need luck or the fate to be a millionaire.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
seems like luckiness is the biggest factor here although I must admit that the part of creating his own company is his hardwork. you can't really blame yourself after 10 years of hardwork and you failed to become a millionaire. everyone has their own luck and there are some people who are really hard working and smart struggles to create fortune or in other word trying to become a millionaire but failed miserably.
sr. member
Activity: 1106
Merit: 310
we dont actually know if he is the only one younger became the only millionaire in bitcoin, because there are some who are actually own much bitcoin during 2009 who I think is way younger, but I think he became millionaire either he is given money by his parent
and bought some bitcoins and forgot it for a long time then when the coin starts a bullrun suddenly the boy realize he got some coins and exchange it to cash I think thats how he became billionaire
sr. member
Activity: 462
Merit: 273

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

A very bold statement for someone who grew their initial capital almost purely on luck. He did not work hard or grind for this million dollars, he simply was curious about an up-and-coming digital currency and bought some with his family's money. I'm not saying that he is spoiled or impulsive in doing so, but to say that he was driven to become a millionaire within 10 years and did so by working hard seems like BS to me.

Back in middle school I was introduced to bitcoin when it was worth just a few hundred dollars. I had made some profit but a lot of my BTC was spent on steam games and god knows what else. Looking back at my transactions now I see figures like $450 spent on PUBG. Yes its frustrating that I didn't save it all, but I do not blame myself, as at the time I did not have the insight to understand what bitcoin was and how it could potentially grow, how to hold investments and etc. And as smart as this little boy may have been... I doubt he had the insight either, it was just pure luck.
If this boy wants to show off what he has done, then let him, its a fantastic accomplishment and it shows how the changing world is giving people opportunities to cash in who may have not had those opportunities in the past.
But to say it is someone's fault if they don't become a millionaire in a decade is preposterous, as it wasn't even his own "fault" or own-doing that made him a millionaire either.
newbie
Activity: 6
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Undoubtedly, he is a young man who inspires, especially this new generation of the last two decades that are with the mind everywhere and do not concentrate on creating their own future. A good interview in contact with this young man.
legendary
Activity: 2982
Merit: 1506
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Another lesson I get from the story. Grandparents especially grandmom are the best person in the world. He got his first bitcoin because of the money from his grandmom. I believe if he asked $8,500 to meet Ohanian, surely his grandmom will give him while his parents felt it was too much lol.

No matter where he had his money still he understood well what Bitcoin can offer him and he still did a great job by knowing and investing in Bitcoin. When we were Young, it is hard for us to invest as what's on our mind most of us here is to have a new shoes, new cellphone, gadget but instead he did it by investing.

I know, but you don't get my point. So how could he get the money to invest in bitcoin if his grandmother didn't give it? I'm very sure, even if he is from rich family, his parents wont give him $1,000 just like that. But hey, a grandmother always be the most lovely person in the world. She will give you anything you want as long as she still can afford it.
hero member
Activity: 1190
Merit: 511
That is it, for you to really make it in life, you still need financial support, imagine if he does not have that $1000, or as a young boy which in my country, many of people like this still love under their roof of their parents who hardly give them money because they are either still in high school or just about finishing high school and the only money they are having access to are all these little pocket monies which may now even be upt0 $10 per month.

When I was at his age, I don’t think I have the privilege to even 10 percent of that amount, but one thing that I have learnt from this story which many young people should also learn is that when you have the privilege in life, they should take advantage of it. He could have used the money to play game or gamble, but he invested it.

Another lesson I get from the story. Grandparents especially grandmom are the best person in the world. He got his first bitcoin because of the money from his grandmom. I believe if he asked $8,500 to meet Ohanian, surely his grandmom will give him while his parents felt it was too much lol.

No matter where he had his money still he understood well what Bitcoin can offer him and he still did a great job by knowing and investing in Bitcoin. When we were Young, it is hard for us to invest as what's on our mind most of us here is to have a new shoes, new cellphone, gadget but instead he did it by investing.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
That is it, for you to really make it in life, you still need financial support, imagine if he does not have that $1000, or as a young boy which in my country, many of people like this still love under their roof of their parents who hardly give them money because they are either still in high school or just about finishing high school and the only money they are having access to are all these little pocket monies which may now even be upt0 $10 per month.

When I was at his age, I don’t think I have the privilege to even 10 percent of that amount, but one thing that I have learnt from this story which many young people should also learn is that when you have the privilege in life, they should take advantage of it. He could have used the money to play game or gamble, but he invested it.

Another lesson I get from the story. Grandparents especially grandmom are the best person in the world. He got his first bitcoin because of the money from his grandmom. I believe if he asked $8,500 to meet Ohanian, surely his grandmom will give him while his parents felt it was too much lol.
sr. member
Activity: 812
Merit: 272
Quote
"I say if you do not become a millionaire in the next 10 years, then it’s your own fault."
!

People come from different backgrounds, different financial situations and different family situations! To get a different perspective of life, speak to a slum boy someday!

He was just lucky to have a rich family! 1,000 $ is a huge sum of money here in my country and can buy a home. So he could easily reach a million dollars especially since he was an early adopter of bitcoin where the price has not yet boom!
That is it, for you to really make it in life, you still need financial support, imagine if he does not have that $1000, or as a young boy which in my country, many of people like this still love under their roof of their parents who hardly give them money because they are either still in high school or just about finishing high school and the only money they are having access to are all these little pocket monies which may now even be upt0 $10 per month.

When I was at his age, I don’t think I have the privilege to even 10 percent of that amount, but one thing that I have learnt from this story which many young people should also learn is that when you have the privilege in life, they should take advantage of it. He could have used the money to play game or gamble, but he invested it.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
This individual showed me his BTC wallet and at the time he had a net value of $400,000, keep in mind that this was in 2014-2015 or so, so if he held everything till now he would of been a multi-millionaire.

This sounds like a much better story. If he kept most of that, even at 10x, he'd have $4 million, which would be more than enough for him, even if he got out of crypto completely at that point. Even if he doesn't invest it anywhere else and just keeps in in a HISA, he'd have $40k a year for the next hundred years.

Unfortunately, we'd never really know, and most likely at such a young age, they might make the mistake of spending it all on useless stuff. Hopefully he improves his life and keeps it for a rainy day.
hero member
Activity: 1106
Merit: 506
I am talking about Eric Finman.

Image source

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.
There's really nothing impossible when it comes to becoming a millionaire through bitcoin. It was very feasible way back, just imagine having the chance to buy atleast 10 bitcoins at a very low price when it was just starting then holding it up until 2018, you would totally be a millionaire if that's the case. It is all about chances and fortune, you could have been a millionaire too if you believed on bitcoin and bought plenty earlier than everybody did. Just pay attention on what you have now, you still have all the chances to be a millionaire sooner or later.

True, nothing is impossible to be a millionaire like the teenager above with bitcoin. when we want to try hard and think creatively, I think dreams can definitely be achieved. I think all of that is very encouraging news, and can be a motivation for us all to always strive to the maximum and look for new innovations that will make our dreams come true soon. if you can't buy when the price of bitcoin is at a low price at that time, don't look back, keep going and think about the future from now on.
member
Activity: 211
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At 16 most of us only had lunch money. Being arrogant for making one right choice is not wise.
legendary
Activity: 2982
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even if he is born in a rich family it still doesn't change the fact that he became the first teenager to become a millionaire because if bitcoin.
you must realize most kid in his age wouldn't even consider investing in anything let alone cryptocurrency and him as a kid showed interest
in bitcoin and investing in it shows that he believed in the technology. even if he barely did anything to become a millionaire I still give him
credit for what he did.

I like your point. It's barely hard for kids to get into latest technology development unless newest game or newest app for their phones. Talking about his family's wealthy, I believe there were many kids from rich family at that time who had chance to buy bitcoin but they didn't do that because it simply didn't attract them. And this kid and his brother did. They deserve what they invested.
legendary
Activity: 2436
Merit: 1104
He was originally born in a family rich, not universal, not from scratch, and therefore cannot be used as an example.
even if he is born in a rich family it still doesn't change the fact that he became the first teenager to become a millionaire because if bitcoin.
you must realize most kid in his age wouldn't even consider investing in anything let alone cryptocurrency and him as a kid showed interest
in bitcoin and investing in it shows that he believed in the technology. even if he barely did anything to become a millionaire I still give him
credit for what he did.
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