Bitcoin Forum

https://www.cnbc.com/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html?recirc=taboolainternal

Thought this was interesting

Interesting enough, they had a article on Vitalik Buterin just beneath that article and he is just 24 years old with a reported

Net Worth of between $400 million-$500 million. https://www.forbes.com/sites/laurashin/2018/02/07/ethereum-vitalik-buterin-ether-crypto-cryptocurrency/#1341af456e4f

I would have been more impressed with the teenager in that article, if he worked for that money and then invested it into

Bitcoin. The risk is much lower, when you are gambling with someone else's money.  ::)

Not to mention the emotional side of it. If the money isn't yours you'll be much more ballsy and will be less likely to bail out when things get hairy. Not really impressed with the teen, he got lucky. Good for him, but nothing special and certainly doesn't put him in a position to give interesting advice to anybody.

Buterin is a whole different story though.

I shall ditto that.
The teen did get lucky indeed, I would not seek  out his advice.
Like the taxi driver or pizzeria, who got paid in bitcoin agents ago.
I am sure you remember these.

You would not look for advice from a teenager, and a guy might understand the technology of crypto currency better than you. Now younger minds, learn something new faster and have a future for them. Do not neglect a bright look, they also have something to learn. ;)

well besides luck, he's somewhat special. He bought his first bitcoin at the age of 12. What 12 year old boy is interested in investment? Of course this is with the assumption that he acted on his own. But even if it were his parents influencing him, it's still pretty impressive, especially since he continued to grow his btc.

I think he has set a good example for teenagers. Instead of wasting time on useless things like alcohol, they should learn about investment strategies.

The story of a teenager who is now 19 years old is quite unique, because with his age is still quite young, he was able to take decisions that may be considered strange in his time. How could he have thought about Bitcoin that eventually led him to become a millionaire then

People who invested in Bitcoins in 2010-11 were very lucky. Also, as a teenager he must be having a lot of patience to keep the Bitcoins as prices kept rising.

He reminded me Bill Gates. LOL. I mean his appearance. This guy was really very wise to use the present of his grandmother to invest it into Bitcoins. Congratulations!

Bill Gates? He reminds you Bill Gates?

Bill Gates have changed the world. Many people are taking advantages of his innovation. But  I don't think this 19 years old boy have done any thing for a person.

I see this as a reply to those who think bitcoin is nothing but a bubble and just a ponzi scheme. But I believe that for people like Finman and us, bitcoin is a boon that has given our lives such a boost we never thought that any investment or bank would do. It didn't just create wealth, but makes opportunities available repeatedly. This is one of the best examples that I'll show to people, especially youngsters of my age and many of those who criticize Bitcoins without knowing anything about it.

The general population usually just parrots whatever their favourite news outlet feeds them. With all the FUD and fake news regarding Bitcoin it's no surprise that people would criticize it blindly. Their loss though, give it a few more years and it'll become "mandatory" like the internet is today.

A 19 year old millionaire is pretty impressive but I do believe that he had tons of luck getting this rich. Anyway, I do not recommend advices from a teenage boy but the decision he made was pretty good.

I am sorry I am not going to take advice from a 19 years old guy. he may earn a lot of money from bitcoin but he is really too young he earned this money with the help of his luck. He is lucky to hear bitcoin early and he is brave because he is a teenager. We can congratulate him but I am not taking any advice. I would rather take advice from more experienced people in the business.

i hope i can do that also , he have future think , when people are on his age still thinking on playing and get girlfriend or another stuff ,
thx for the article
I am more excited now
learning and hardwork is the best way to get something

Was it really luck? Or was it forsight? I'd say it was the latter - he had saved a small sum of money, studied bitcoin and had the foresight to think that it could go on to be something big. His investment has paid off handsomely.

Thats the guy that became famous after making a bet with his parents of he becomes a millioneare before 18 he won't go to college lol. Hoerver this thoughts are only partly right and that kind of thinking "out of the box" will definetely harm more people. His statement that  "Never before have young people been able to change economic classes so quickly." is wrong and young people are not rly changing anything, it worked for him only because he got lucky. The bad thing is that some youngsters can blindly follow him and give up on traditional economy, that may lead to loosing of precious time trying to study wrong stuff.

beautiful story, covered in the media. I think there are a lot of such people now, many have become rich thanks to bitcoin, but if the poor suddenly became rich, he immediately became interested in the criminal world, especially if it's crypto-currencies.

Very challenging post to read that even a 19 year old already got a million in bitcoin

Oh this guy, Erik Finmann one of the earliest investors in bitcoin and I admire his crypto journey alongside with his developments. And what he said that bitcoin is the safest cryptocurrency is really going to boost the price of bitcoin. Why would people listen to those "financial experts a.k.a banksters" who really don't what is bitcoin and despite of it's growth they are keep on telling that it is a bubble. Listen to someone who has gained real money on bitcoin and this guy is worth sharing his thoughts.

But not every guy who gained money in something should always be the one who we seek advice to. I admire the dude's patience, but then again it was an extremely lucky happenstance that he jumped into the train years before other people started noticing bitcoin. Nevertheless, still impressive for a 19-year old lad to get set for his next years in life.

On the other hand, I think that the newer generations would largely benefit and further develop crypto in the future and creating a newer system which would change the way we look at money. Bitcoin is the start, and as more and more great projects materialize, the closer we get into achieving the real financial freedom we've always dreamed about.

Why do people think like that.
They just got lucky once and they think they are the most genius of all to the extent that he can give advice to anyone.

Not everyone will have the same path as him. Be practical, that is one way to sort out the problems. Be knowledgeable with every choice another great move to those who want success.
He didnt. He did it like a gamble and from rumors only.
I bet if he lose he will be the maddest teenager in crypto world. ;D

I'm on his shoes right now if I just listened to my weirdo friend who keeps on expressing his thoughts about bitcoin but that's a long time ago. And we are in the same era like we are the modern Erik Finmann who are believing to bitcoin now and people who are keep on telling that it's a fraud will realize in the future that we are damn rich by that time (I hope so). But with this kid, he's a real genius mate he has programming skills and developed some good app.

I think this guy wasn't just lucky, he believed Bitcoin when almost nobody was believing on it. He had a perspicacious vision about the future, he saw Bitcoin's potential. I believe he wasn't just 'gambling' with $1000 when he invested for the first time... He has his merit!
And he gives a good advice:


A good hint for those who are/were exchanging most part of their funds to AltCoins because BTC price was falling...

There's quite a difference between luck and foresight.  Cudos to the kid for having the fortitude to hold on through the early gains.  But, other than buying low, what has he done to create something, or make a difference?

Ows! And Amazing  a 19 year old millionaire at bitcoin? Its really inspiring. Now l will pursue to do this job because l want to earn also for a million.Its not impossible for me also to be rich. If a young teenager can, l can do it also. I've got a strength now to move on in my life. To meet my dreams come true

LoL, who can hold that much through many up and down progresses like him? That's incredible!

Speaking personally I wouldn`t take his advice only because he have become millionaire with btc cuz he had a luck and besides to wish luck he can`t give anything to me

I think,that is his interest to advice you about buying bitcoin)Because,in this case, capitalization of bitcoin will raise, so will earn more money)Just business)

yes true ..A 19 year old millionaire is VERY impressive but I do believe that he had an great luck getting this rich. Anyway, I do not recommend advices from a teenage boy but the decision he made was pretty good.

You are millioner on that ages. How impressive,  at a young age  you are now a millioner,  this is my advice to you, don't waste money to the things that not totally important, Build some businesses, or help others, it's a blessing 😇

I read about that guy some time ago, and that was before the bitcoin pump so he is even richer now, while his success cannot be replicated by everyone this is very impressive, the article mention that young people have almost no savings and I find this to be terrible how are they going to invest in bitcoin or any other coin when they have so little money to use for their investments, the article suggest 1000 is enough and that is true but still that amount is so low that they are not going to go far unless they invest in icos.

If I invested only 10 percent of my entire income in Bitcoin since two years ago, I would be a millionaire now. So, his advice is apt. Just invest your 10 percent of your entire income in crypto from now and see what happens in the future. What's the worst thing that could happen? You'll spend it anyways if you don't take that decision.

Yep we shouldn't seek some advice but we can pick up those tips and words that are helpful for us. This is what we call beginners luck adding his patience as a kid and as a believer for the tech so just like what he have done before he's just continuing it. He's a good inspiration for this generation and new comers should take time to realize that they are on the same situation of Erik Finmann before. A kid that just dreamed of something big and unexpected thing happened.

Of course this is with the assumption that he acted on his own. This guy that became famous after making a bet with his parents of he becomes a millionaire before 18.well besides luck, he's somewhat special. He bought his first bitcoin at the age of 12.

I was really surprised on the title. A 19 year old is a millionaire??? How can he/she actually did it. I think he posses a ultra super luck power. I gamble a lot these past weeks, but I didn't won any. Congrats to him by the way. i think he is a "bitcoin gamble genius".

So where we need to take advice if not from the people who know technology better?
Learning from that people would be more easier and make us similar like them too.

Great For this teenagers, He has an adult mindset. I should follow this guy for the rest of my life. He has something to be adore of! i'm pretty sure that he can be a billionaire for the next 2 years. Thumbs for this guy. i hope he continues to inspire teenagers like him. GoodJob!

Ya I see people here kind of poo pooing him. God bless the kid, he took a gift and had an idea, good on him

He is incridibly genius,he got hes strategy on how he pushes to his victory,.hopefully many of us new members too can achieve that kind of blessings too.

Yes we can! If we have enough patience to hold and never been give whatever hardfork happens on bitcoin because all that issues will just pass by and bitcoin will getting more value to add from its usual price as the time pass by.

What a beautiful inspiration ,especially to us who are newbie in this kind of bussiness,his experience give us a good example to us,that being a millionaire is nothing in the state of age and a position of  life.sometimes i ask my self how could i to become him,a lucky person in his life,maybe that is his  fate,to become a millionare  at a young age,and maybe ours is next in line,as long we have strong faith in cryptocurrency is still there to help cultivate us.

sure he was lucky but he did it, did you?

The kid has more patience then i..

He has made some wise decision in his life due to which he had achieve this in his life . He would have invested in the markets when they where low and kept holding it rather than selling it and thus when it rose would have made a huge bucks.

So we can learn from him. He is still very young but could do much thing in this unpredictable world.
I am much older than him feel i want to follow his story. Its very good for direction life.

He says do what you are good at and make money out of it and Warren buffet is good at investing , ignoring such persons advice is definitely over confidence

Yeah that is true, at young age he can be responsible enough and can earn money by himself. For sure parents are proud to him. Maybe it could be an encouragement to teens that they must be realistic and practical enough ro do so. Thanks for bitcoin because many people has courage in dwelling it.

Its really quite interesting at a young age he already succeeded in his craft in terms of business in crypto.He is one of a very good example to  everyone not just for young ones but for all of us.Risktakers profit ,patience is a virtue and weak hands lose the opportunity to get rich and its all about believing in bitcoin .

maybe ,He's been so lucky enough to start early  attached in bitcoin and got a million of it, but strategy wise, I will not take any advice from him because in crypto it is hard work , ,perseverance and patience are important in dwelling of  the digital world and lucky is just another thing.

To be honest you cant compare the crypto market back then when bitcoin was the ultimate crypto commanding over 80% of the market cap to what we have today and not forgetting we now have shitcoins to look out for, pump and dump coins and a whole lot of variables to consider, its good the 19 year old invested while the market was being doubted by most of us.

He set a good example and inspiration to many people who wants to earn money by means of cryptocurrency.

He somehow remove the doubt to the minds of the many who thinks it is a fraud and only gives false hope.

He's so lucky because he grab this opportunity at the early year now its harvesting time. Young people should take more risk cause they have so much time for mistakes and the good thing is, they can learn from it. Lets encourage young people to invest on cryptomarket, they will surely enjoy making money.

It is one of the lucky ones and understands when to invest. I've always been jealous and anxious when I hear stories like this. I was always impatient and wanted to follow in their footsteps. He started buying Bitcoin when the price of Bitcoin is still 2 digits only, it is a very lucky thing if I think. I do not think I can imagine how much money Bitcoin doubled, not just for this boy. We should begin to take advantage of this moment and opportunity. We should not waste the opportunity to invest with Bitcoin. Maybe Bitcoin is one of the best ways and opportunities for you to change your family's economy.

Indeed!
Young one's who are willing to take the risk and invest in a very young age is very interesting, and at young age he is aware about his future and investing his money that is awesome. I started investing at the age of 20 and there are people who admired me from it because at this age I'm aware of it, but I admire this boy more because some of the well known entrepreneur said "if you are aware at this business at a young age you are one step ahead of those teenagers at your age"

I don't think it's possible again .. because since new cryptos are emerging they are also saturating the market value of all others since we have limited investors and so many options the profit that we could think of earning is very less.
I don't think it's possible ... In the future ...
But..now the price of Bitcoins is very..low.. and we could expect it to..gain the momentum in couple of months ..maybe we could see a story similar to it.. only if the other person has enough to invest

Lucky or not, the teen still got balls. You have to give him the benefit of the doubt, especially with the fact that he did so at such tender age. It sure is not easy for all of us adults to venture onto this new breed of cryptos, much more for this teen who is only staring to know about how it is to live. Come on, do not be bitter and just take the good side out of his advice. He still got to experience majority of the people here has not.

In this business, I learnt how age does not define a person's success. What is defining is ones ambitions and ones guts to go after those ambitions. And with this kid right here, he got my respect, regardless of whose money he used for gambling/trading. Not afraid of losing is a trait not everyone of us is gifted with.

Generation of millennials is impressive. This kid has brain and courage to make his own decisions and follow his strategy. This a very good example that even teenagers can become milliners if they use they brain in right way.

     Well, all I can say is that he is a very lucky person. He had the money, he believed, and made great returns. I for sure would've also invested all that I have considering that I had the money at the age like his when he had parents to support him with his daily needs and do not have to worry about bills and all that including his education. But, sadly, I didn't have the same faith as him. But even so, I ain't gonna give up. I will surely be someone successful someday. My ways in doing it my change but my goal and aim in life will stay the same.

The story is alright though since he is already a millionaire and giving people advice, he will get attacked for his money.

19 year giving advice is truly inspiring he said nt to spend much amount in college education rather buy bitcoin

"19 year old millionaire advice on Bitcoin"

Yes we have some of them here too playing spot the ball but will he put his hands in his pockets to help people out as
hundreds of other people are thinking about ending it all as the price of Bitcoin continues to tumble ?

Financial advise from kids is not something I need thank you

Sure let's give it to the boy, if wishes were horses, every teenager out there, should be owing hundreds of Bitcoin by now, but most 12 years would have spent their $1000 gift on video games and the likes, but here was a young entrepreneur, who apparently understood the power behind Hodl, well beyond many grown ups. It is true that fortune smiles most often, on the prepared and bold!

That's an excellent advice from the guy, 10% is exactly what most Christians pay as tithe to their Churches and it wouldn't really hurt anyone to invest that percentage into anything.

It's a very interesting story. A lot of key points we could definitely catch on.

Thank you for sharing this, it is very interesting. He got very lucky and people can learn from this a lot of things in bitcoin

Don't get overwhelmed by these news articles. Just yesterday I read a news article about a student in South Korea, who committed suicide after losing heavy amounts in Bitcoin investment. So it goes both ways.

So i say to 19 years old your money its worth million the money is very hard to get for this physical but in bitcoin is very easy your money you use when doing business so that's not going to go back and down.

The 19 years old named Erick Finman is lucky enough to earn 403 bitcoins. This story of Finman, have been a big inspiration to young kids because as you can see, he was offered to buy his tokens either with cash of $100,000 or 300 bitcoins and fortunately, he took 300 bitcoins because he believes that it was a "next big thing" which already happened. The videos in the article give inspiration and hope to the young ones which might help to encourage them to deal with bitcoin.

The problem is that many people do not think like that, when faced with the option to spend all their money or invest 10% of their money they prefer to spend it all, even if a person did not invested 10% in crypto and invested that in stocks after a few decades they will get great profits, but people do not think about the future they only care about the present and nothing more.

Apparently, he is willing to lose $3.4 million (which I assume is nearly everything).

luck is on his side, and his advice gives me motivation. a good choice to store all our wealth in bitcoin. I believe that today bitcoin can give us a big advantage.

but not easy, because the crypto world has a big risk. thus making some people do not believe in bitcoin. beginners always FOMO and old users have to experience various kinds of shocks. whether the shock will make it strong and endure or will make it go away from bitcoin.

         Erik Finman,a 19 year old millionaire is a good testimony to every bitcoiner that if you believe and invest in bitcoin there is a good outcome. Like what he did,he tried to convince as many as he can to trust into bitcoin for bringing his life into a good future. It is not impossible to happen for everyone.