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Bitcoin => Bitcoin Discussion => Topic started by: Alucard1 on May 19, 2020, 11:27:27 AM



Title: An inspirational story of a 19 year old boy.
Post by: Alucard1 on May 19, 2020, 11:27:27 AM
We all have our own achievement with regards to bitcoin but I really inspired with the 19-year-old boy who gets rich by his young age. It is really something to be proud of being a millionaire at the age of 19.

Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.

At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
Source: https://www.c[Suspicious link removed]m/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html
GDrive: https://drive.google.com/file/d/1sT3hEAnbr4DJRf0HcPEeMSzQtbYhJpWR/view?usp=drivesdk


This sounds so good, hoping that we feel the same way, most of us dream to be a millionaire or even billionaire someday, praying and wishing that it all come true someday, it takes time and experience to become one of those people. Just be patient and keep dreaming :D.

PS: I don't know what happens to the source link, I already edited it many times and it ends up like that.
PS: I just saved it to google drive so you can still visit the link if you want :D.


Title: Re: An inspirational story of a 19 year old boy.
Post by: vycl87 on May 19, 2020, 11:29:42 AM
A story that we can see as a success story. But this boy could go with so much money and do it irresponsibly or in dangerous things. Luckily, BTC appeared before him.

In fact, we can discuss how right to entrust a 12-year-old child with $ 1000.


Title: Re: An inspirational story of a 19 year old boy.
Post by: reliable on May 19, 2020, 12:04:11 PM
So many things to learn from this story -

- Plan your investing at early age. This ideally parents should inculcate these values to their kids as early as possible.
- If rightly invested by the time you are done with the studies you will have good money in your hand.
- So instead of thinking about the job people may think to become entrepreneur as the basic capital required would be in hand. Normally many could not even think due to lack of money.
- From very early stage itself in life one can understand the value of money and over the period of times the habits and mindset change for better in the due course.


Title: Re: An inspirational story of a 19 year old boy.
Post by: avikz on May 19, 2020, 12:11:51 PM
Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.

The story may inspire young age people to invest in bitcoin but if they end up loosing money in that process, that will be a real pain for them. I know few persons who had invested heavily in bitcoin back in late 2017 and still paying their credit card debt from their salaries. The boy in the story just got lucky!


Title: Re: An inspirational story of a 19 year old boy.
Post by: Yatsan on May 19, 2020, 12:28:46 PM
Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.

The story may inspire young age people to invest in bitcoin but if they end up loosing money in that process, that will be a real pain for them. I know few persons who had invested heavily in bitcoin back in late 2017 and still paying their credit card debt from their salaries. The boy in the story just got lucky!
Agree LOL. Here in the Philippines if you are teenager and have a 200$ savings or more then, you are completely above average than the others! 1000$ is a huge amount of money 

Honestly being a millionaire is just a big giant lottery. All of the millionaires are just hitting a jackpot when they do something right or they start/discover something. What we should take on something like this is don't stop trying, cause if you stop betting (trying) then, your almost noting percentage is going to be completely nothing in the lottery of life.



Title: Re: An inspirational story of a 19 year old boy.
Post by: carter34 on May 19, 2020, 12:37:14 PM
Op, dreaming is not associated with riches if you don't put practice to be rich. You have to be physical and leave out the just dreaming. For the little boy, he didn't even dream, he had the zeal after getting the resources and his optimism got him the wealth. As such there are other resourceful altcoins capable to make another person wealthy if you believe and hodl them.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Yourhomeboy on May 19, 2020, 12:51:32 PM
Your story is very inspiring. The young boy must have been guided by somebody that knows about bitcoin very well. I love seeing such stories even if I'm not part of the story, but I believe they is a glory from being happy for other person's accomplishments.


Title: Re: An inspirational story of a 19 year old boy.
Post by: NotATether on May 19, 2020, 12:53:03 PM
GDrive: https://drive.google.com/file/d/1sT3hEAnbr4DJRf0HcPEeMSzQtbYhJpWR/view?usp=drivesdk
~
PS: I just saved it to google drive so you can still visit the link if you want :D.

This is not the correct way to save a page, someone could think your google drive link contains malware, it is better to save the page with Internet Archive https://web.archive.org (https://web.archive.org) instead.

For anyone wondering, this is the contents of the google drive:

https://i.imgur.com/EDs6wkn.png


Title: Re: An inspirational story of a 19 year old boy.
Post by: 20kevin20 on May 19, 2020, 12:54:22 PM
Well, I tried planning a $20k investment with one friend of mine when BTC was around $1k and he said he doesn't believe in ponzi scams. Months later, BTC went up to $20k and guess what my friend was doing: he bought at $15k and sold below $12k. :D

Investments simply aren't a thing for some people. Yes, it's a risk you have to accept and BTC could've gone below $1k just as easily, but the FOMO around that time was just too huge to ignore it.

Give a million bucks to some random dude and chances are they'll lose it. That kid was either very lucky to put their money in something they probably didn't understand very well or.. he is pretty smart and knew Bitcoin must have a future.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Jawhead999 on May 19, 2020, 12:55:54 PM
Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.
Hmm :(

https://i.ibb.co/6yHxppZ/5f7aa894fbe5d7a18f5bff7ceaf1087a.jpg (https://ibb.co/x210ccs)
https://finance.yahoo.com/news/survey-69-americans-less-1-171927256.html

I think... Even the boy didn't buy Bitcoin when it's still cheap, he also become a millionaire till now. I mean, his parents is a millionaire before he start buys Bitcoin. Because $1000 is very large amount when he's child, and that's only a "gift" from his mother. I can't imagine how rich is his parents.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Viscore on May 19, 2020, 12:58:14 PM
That was a smart boy, the fact that he bought bitcoin at that time, I can say that his boy is special and he sees something that most of us didn't see that time. Maybe he was lucky as well, but now owning that huge number of bitcoin will already make him live a life financially free if he can manage his money properly.
as long as it's re invested or diversified with other kind of investment, for sure that will grow its necessary that he will be help by his parents in managing that big amount ... lucky boy, he might even help his parent to retire early if they are still working until now.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Sendoku on May 19, 2020, 01:09:34 PM
The buy just wanted to buy some weed online, but it became legal, so he forgot about Bitcoin altogether. Until the better times came, lmao


Title: Re: An inspirational story of a 19 year old boy.
Post by: bitmover on May 19, 2020, 01:16:13 PM
At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.

Those stories are interesting but they are very uncommon and it is very unlikely anyone here will experience something similar.
And those stories also have a negative effect: Many people will try to reach something similar buying shitcoins, which are almost all of them scams. People will lose money.

The boy probably forgot about the bitcoins for years and when he discovered it he was a millionaire.

Because people do take profits before reaching 3.4million mark. Most of people would sell almost everything on 100k profit, or 300k profit, and so on...


Title: Re: An inspirational story of a 19 year old boy.
Post by: kryptqnick on May 19, 2020, 01:47:52 PM
We all have our own achievement with regards to bitcoin but I really inspired with the 19-year-old boy who gets rich by his young age. It is really something to be proud of being a millionaire at the age of 19.

Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.

At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
Source: https://www.c[Suspicious link removed]m/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html
GDrive: https://drive.google.com/file/d/1sT3hEAnbr4DJRf0HcPEeMSzQtbYhJpWR/view?usp=drivesdk


This sounds so good, hoping that we feel the same way, most of us dream to be a millionaire or even billionaire someday, praying and wishing that it all come true someday, it takes time and experience to become one of those people. Just be patient and keep dreaming :D.

PS: I don't know what happens to the source link, I already edited it many times and it ends up like that.
PS: I just saved it to google drive so you can still visit the link if you want :D.
First of all, the story is two years old, so the guy is 18-20 years old, and I don't see why it's brought up for a discussion if it's not anything new.
Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.
Secondly, I wanted to address this statement that avikz commented. I am pretty sure that even in developed countries not every child gets $1k as a gift at the age of 12 (even in the US every fifth child lives in poverty (http://www.nccp.org/topics/childpoverty.html)), and in a country like mine it's unthinkable. And I am sure that the majority doesn't have $1k as savings, but then it depends on what you mean by 'us'.

Finally, as for the whole thing and whether it's inspiring... Reading an article on Guardian (https://www.theguardian.com/technology/2018/jun/13/meet-erik-finman-the-teenage-bitcoin-millionaire) about this guy, he seems like a person that comes from a highly intelligent family, but is actually quite a pr*ck himself who likes showing off how rich he is and is glad he doesn't have to go to college now that he's a millionaire. I hope his scar from being bullied at school heals, and Erik finds a purpose in life rather than ends it in a few years out of boredom.


Title: Re: An inspirational story of a 19 year old boy.
Post by: salamat700 on May 19, 2020, 01:58:49 PM


This is actually a very famous story in the world of cryptocurrency, just below the more famous pizza story. Anyway, this is really inspiring and is sending a good message to young people: don't squander your money especially the one extended to your parents and better save then invest the money on something that can grow so well. Well, nobody can go back in time when Bitcoin is still cheap and that is why many are involved with other projects which unfortunately many can be scams or frauds. Taking the risks when done right can indeed be bringing a fortune. Aside from taking the action and choosing the right opportunity, a little amount of luck can also be another ingredient -- that situation when you are at the right place, right time and you are the right person.


Title: Re: An inspirational story of a 19 year old boy.
Post by: maydna on May 19, 2020, 02:42:45 PM
That boy is a lucky boy who can have much money from bitcoin. But if he doesn't sell his bitcoin, he cannot be a millionaire because he still has bitcoin, not the fiat which he can use to buy anything he wants. But if he sells some amount of his bitcoin, and send the money into his bank account then yes, he is one of the wealthiest people.

But that is inspirational for us, which can give us a lesson about what it looks like a new thing, and it can provide us with a new way to be our success. That boy is really open mind with something new than the adult people around him.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Reid on May 19, 2020, 03:17:04 PM
Why is the link broken?

Damn! I would invest it with a console game at that age.  ;D
My Mom would not give me that much though. She will kill me first before I would get that kind of amount.
I even cried just for Nintendo console in Christmas time.  ;D

But seriously this is a good lesson. I have been teaching my first born already on how to save money. He is just 3 but he knows where to put a coin when he see one. The piggy bank.




Title: Re: An inspirational story of a 19 year old boy.
Post by: rhomelmabini on May 19, 2020, 03:27:15 PM
Why is the link broken?
This is the correct link, I'll just embed it on code.
Code:
https://www.cnbc.com/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html

Damn! I would invest it with a console game at that age.  ;D
My Mom would not give me that much though. She will kill me first before I would get that kind of amount.
I even cried just for Nintendo console in Christmas time.  ;D

But seriously this is a good lesson. I have been teaching my first born already on how to save money. He is just 3 but he knows where to put a coin when he see one. The piggy bank.
That's a lot of money of a gift for a young age, how I wish grandma would surprise me that one time which I'll doubt. What I can think about that age are all those flashy gadgets or even think to be thrifty since school days are coming, haha. I think he has some good mentors living with him or the man just financially genius he thinks about buying it instead for bitcoins.


Title: Re: An inspirational story of a 19 year old boy.
Post by: sunsilk on May 19, 2020, 04:36:16 PM
Not every one of us can get $1,000 to our savings with the ages ranging from 12-19. I see that this is the story of Erik Finman, he really did something great at a very young age. We admire him because when we're younger or during the early days of bitcoin, we don't care about it and we're doing a different thing.

By the way, Erik was known staked his all bitcoin holdings to another coin named Metal.

The teenager who made millions on Bitcoin is staking it all on this obscure token (https://venturebeat.com/2019/08/25/the-teenager-who-made-millions-on-bitcoin-is-staking-it-all-on-this-obscure-token/)


Title: Re: An inspirational story of a 19 year old boy.
Post by: AakZaki on May 19, 2020, 04:38:34 PM
$ 1,000 for a 12-year-old boy is a lot of money in my opinion.
At the same age I might never get a prize of up to $ 1,000. Maybe what I have at age 12 is only around $ 10- $ 50.

but the thing that a 12-year-old boy bought bitcoin with $ 1,000 to own 401 BTC was incredible. He was able to create opportunities and see a gap in the success of bitcoin in the future. His mentality is also extraordinary for a boy his age.


Title: Re: An inspirational story of a 19 year old boy.
Post by: kaneki007 on May 19, 2020, 05:59:08 PM
1000$ is big enough for me and maybe if I were given that much money then when I was young I might have bought another game or console. But the young man has been thinking long if bitcoin is an investment that is quite profitable. The story made a motivation for me if everyone can succeed at a young age.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Sanugarid on May 19, 2020, 06:04:32 PM
Me too I'm also wondering how could the parents of this young boy trusted him with such a huge amount but I think it is too big for a 12 year old boy to handle. Aside a 12 year old boy must have a friend or relative that is also interested with bitcoin that's why he invested it too. It is inspirational indeed coz not everyone will do the same, if you were able to give a 12 year old me, you'll see me flexing my new toys to my friends haha lol.

Wise and smart boy  ;D


Title: Re: An inspirational story of a 19 year old boy.
Post by: TalkStar on May 19, 2020, 06:24:33 PM
Not every one of us can get $1,000 to our savings with the ages ranging from 12-19. I see that this is the story of Erik Finman, he really did something great at a very young age. We admire him because when we're younger or during the early days of bitcoin, we don't care about it and we're doing a different thing.
Absolutely he made an outstanding investment at the early age of 12 and its rare too. Story of Erik Finman is quite inspiring for new bitcoin holders and specially his condition of not enrolling on university if he can make 1 million just by investing 1000$:). What a strong determination from an 12 years old boy!

$ 1,000 for a 12-year-old boy is a lot of money in my opinion.
At the same age I might never get a prize of up to $ 1,000. Maybe what I have at age 12 is only around $ 10- $ 50.
Yeap,,, everyone isn't enough lucky like Erik and most parents don't like to give big amount of money to their kids at an early age of 12 ::) Now i am thinking about my childhood days when my mom was frustrated due to my regular chocolate purchase. Although i discovered later that her frustration was just for my teeth.   


Title: Re: An inspirational story of a 19 year old boy.
Post by: Haunebu on May 19, 2020, 06:42:00 PM
but the thing that a 12-year-old boy bought bitcoin with $ 1,000 to own 401 BTC was incredible. He was able to create opportunities and see a gap in the success of bitcoin in the future. His mentality is also extraordinary for a boy his age.
Actually, he was always rich thanks to his family even before he invested in BTC. This story has been around for ages and almost everyone from the crypto community know about him and his success story.

It is an epic accomplishment, but not extraordinary in my opinion. Luck played a greater role in his success. He basically hit the jackpot thanks to his smart decisions.


Title: Re: An inspirational story of a 19 year old boy.
Post by: crustycrab666 on May 19, 2020, 09:24:00 PM
That is truly an inspiring story. Everyone has their own success story. Method and technique can be copied, but not by luck.

An important lesson from the story is that the boy entrusted his investment in bitcoin, when most people doubted. And look, when his belief becomes a sweet fruit, surely the people around him who initially thought his choice was a silly act would definitely want to try it. That's the way I've felt, though not as lucky as that kid. So, when we already know this potential, we should learn a lot and adapt as best we can to find our own luck.


Title: Re: An inspirational story of a 19 year old boy.
Post by: carlfebz2 on May 19, 2020, 09:36:03 PM
A story that we can see as a success story. But this boy could go with so much money and do it irresponsibly or in dangerous things. Luckily, BTC appeared before him.

In fact, we can discuss how right to entrust a 12-year-old child with $ 1000.
Have that question in mind to think that a 12 year old boy had given 1k bucks wayback 7 years ago which basically means his family is already have that rich family?

I can say that some early adopter or to those people who bought bitcoin just because of mere curiosity or just going with the trend on that time are considered lucky.

I myself wont be sure if would tend to buy something online that having almost no value.For those who risked up then it did really paid of.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Shasha80 on May 19, 2020, 10:09:00 PM
I agree that being a millionaire at the age of 19 is something extraordinary. And not everyone can achieve that. But this kid is just lucky
in my opinion, because buying bitcoin when the price of bitcoin is still cheap. Anyway get a prize money of $ 1,000 at the age of 12 proves
the child is from a rich family. Because as a worker, my monthly salary is under $ 1000 per month. So this kid is just lucky.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Oasisman on May 19, 2020, 10:24:04 PM
Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.


Exactly my thoughts! Even me who was already working for almost 10 years now had a hard time before achieving a thousand dollars of savings which eventually ended up for house renovations lol.
Haven't read the whole story (I'm just being cautious with the link I opened) but I think this boy had a rich parents, who can afford to give him $1,000 anytime. So, I guess this boy was just experimenting and pushing his luck and buy Bitcoin before It costs $1,000, and I guess this was way around 6-9 years ago.
Anyway, this is really an interesting story which will somehow inspire us to buy more Bitcoin lol.


Title: Re: An inspirational story of a 19 year old boy.
Post by: lienfaye on May 19, 2020, 10:31:39 PM
He is wise because at a very young age he chose to invest his money to bitcoin.

Well, not all parents can afford to give their kids $1000 as a gift, its a huge amount already. I think his family is well-off thus money is not an issue.

This is an example of early investors who hold and now its all paid off.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Oceat on May 19, 2020, 11:41:48 PM
1000$ is big enough for me and maybe if I were given that much money then when I was young I might have bought another game or console. But the young man has been thinking long if bitcoin is an investment that is quite profitable. The story made a motivation for me if everyone can succeed at a young age.
Even if an average person works for that it would take them almost a year to earn at least $1,000 so I am guessing that teenage kid's parents were rich af to be given. If I was one of the early investors I might be millionaire too but unfortunately it's a little too late when I discovered Bitcoin and the use of it. I know most of us here would be like that someday but anyway I am that inspired though since I don't see the hard work in there but only the luck to grab the opportunity.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Reid on May 20, 2020, 09:53:13 AM
This is the correct link, I'll just embed it on code.
Code:
https://www.cnbc.com/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html
Thank you for the link.  ;)

That's a lot of money of a gift for a young age, how I wish grandma would surprise me that one time which I'll doubt. What I can think about that age are all those flashy gadgets or even think to be thrifty since school days are coming, haha. I think he has some good mentors living with him or the man just financially genius he thinks about buying it instead for bitcoins.
It shows how different this world is now.
Before, what I worry about is how can I sneak outside of the house to play with friends.
Play ball, whatever that will be fun outside or sometimes play console because their parents are letting them use it anytime of the day.  ;D

I think there is a good and bad side of this nature.
Kids will tend to be responsible in young age which is supposed to be just fun for them.
When they grow up they could become the serious type without social skills.
I don't want that for my kids. Yeah, they could be responsible but not at that age, yet.

Sorry it went too long. I am kind of thinking about it the whole night before bed.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Eugenar on May 20, 2020, 12:22:56 PM
That's a few great stories, being a millionaire at he of 19 is very inspirational, we are all dreaming to be a millionaire someday and it is not that easy to be. We should do many things before we became like that, experience and hardworking are the best things we should have so we may also become that boy.

There are many things he had faced before he comes millionaire imagine he started at the age of 12 and became a billionaire at the age of 19 it's been 7 years on the process and that is too quick for a young boy who only starts for having $1000, I amazed on what are the things he had done before he became a billionaire. Investing is not enough to be like him, he had done so many mining websites I think.


Title: Re: An inspirational story of a 19 year old boy.
Post by: michellee on May 20, 2020, 12:47:29 PM
Well actually, this is not a complete success story. He received start-up capital from another person, ideally, he should have earned this money exclusively on his own, and then, understanding how they get to invest in cryptocurrencies.

I think that boy can be a good sample for another boy because he can manage the money from his parents to be used to buy bitcoin. I think he doesn't know if bitcoin could increase so high from the last time he bought. Maybe his parents teach him to use the money to invest in something that can give him profit in the future, so he buys bitcoin and holds it for some time. But I wonder if that boy has sold his bitcoin in 2017 or not because if he sold it in that year, I am sure that he will become a new millionaire among his friends.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Pomogator on May 20, 2020, 01:10:18 PM
1000$ is big enough for me and maybe if I were given that much money then when I was young I might have bought another game or console. But the young man has been thinking long if bitcoin is an investment that is quite profitable. The story made a motivation for me if everyone can succeed at a young age.
Even if an average person works for that it would take them almost a year to earn at least $1,000 so I am guessing that teenage kid's parents were rich af to be given. If I was one of the early investors I might be millionaire too but unfortunately it's a little too late when I discovered Bitcoin and the use of it. I know most of us here would be like that someday but anyway I am that inspired though since I don't see the hard work in there but only the luck to grab the opportunity.
Of course, luck was present, so I agree with you. After reading this story, one thing haunts me. How much a person developed an entrepreneurial spirit in those years. I think that parents would not give the child 12 years $ 1000 if they were not sure of him. He really deserves these millions.


Title: Re: An inspirational story of a 19 year old boy.
Post by: matan on May 20, 2020, 01:10:59 PM
As someone said above, this is just an accident. It could have happened to anyone. Maybe you should also remember those who invested in Apple when they worked in the garage?


Title: Re: An inspirational story of a 19 year old boy.
Post by: carlisle1 on May 20, 2020, 01:20:51 PM

Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.
l have reached my college life and even graduated from this but don't have this amount in my account,i only taste this amount when i started working on my own.
At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
Source: https://www.c[Suspicious link removed]m/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html
GDrive: https://drive.google.com/file/d/1sT3hEAnbr4DJRf0HcPEeMSzQtbYhJpWR/view?usp=drivesdk
actually i believe that i have read this same story back in 2017 ,but cannot find the thread posted long time ago.is this the same thread link? https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html?fbclid=IwAR09sb1fbkAkKKkRjnrDVdeTC4N1VAfHXUsbdITWG8PmBEahmifqdMukoh0
Quote

This sounds so good, hoping that we feel the same way, most of us dream to be a millionaire or even billionaire someday, praying and wishing that it all come true someday, it takes time and experience to become one of those people. Just be patient and keep dreaming :D.

PS: I don't know what happens to the source link, I already edited it many times and it ends up like that.
PS: I just saved it to google drive so you can still visit the link if you want :D.
of course all of us dream of having this amount but the old days are gone now and there are few chances that we have now.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Lucius on May 20, 2020, 01:25:04 PM
First of all, the story is two years old, so the guy is 18-20 years old, and I don't see why it's brought up for a discussion if it's not anything new.

This story has been recycled every year since 2015 (https://moneyweek.com/418553/profile-of-eric-finman) as far as I can remember. Erik Finman is currently 22/23 years old, and he is only one very unusual exception considering that children as young as 12 cannot legally buy something like BTC, and that kids at that age don’t walk with $1000 in their pocket.

His story may be inspiring, but it is far from possible that someone today can only get rich with $1000, unless he is a really talented trader who can recognize the potential of some altcoin, buy it very cheaply and sell it at its peak for a very big profit.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Slow death on May 20, 2020, 01:34:10 PM
We all have our own achievement with regards to bitcoin but I really inspired with the 19-year-old boy who gets rich by his young age.

to be inspired by this 19 year old boy you would have to be a person with good financial conditions

It is really something to be proud of being a millionaire at the age of 19.

Of course it is a very good thing, but we have to assess the circumstances that allowed this boy to become a millionaire at that age, not anyone who becomes a millionaire at that age if he is poor. The conditions that relatives have can dictate whether person is likely to be a millionaire at that age or not

Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.

if you look at the african continent, you will realize that this is the salary of a good engineer who serves to support a family of at least 5 people. so you can already imagine that for a person who studied a lot in africa and earns 1000 $ / month of salary and has 5 children it is difficult for their children to have $1000 in the savings account

At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.

Here we have to analyze two things:

1 - The parents of this 12-year-old boy had good living conditions and for that reason gave that $1000

2 - As this boy parents had good living conditions, he had no need to use the $1000, so if he lost the $1000 it would not be a problem

This sounds so good, hoping that we feel the same way, most of us dream to be a millionaire or even billionaire someday, praying and wishing that it all come true someday, it takes time and experience to become one of those people. Just be patient and keep dreaming :D.

someone once said: "dreams don't pay taxes"  ;D

But it is very good to dream and work hard and honestly to become a millionaire


Title: Re: An inspirational story of a 19 year old boy.
Post by: shoreno on May 20, 2020, 02:55:57 PM
but my question if how can the boy gets his interest on investing at a verry young age ?  or maybe he got influenced by his parents and this kid is already a genius which spends his time on the web looking for ways to earn more  . he is techy and bitcoin got his  attention easily because btc that time was also kinda techy too  .  1k usd is also huge so the boy is already rich or have a wealthy family   . he invest all because he isnt afraid to loose it but if that given to someone else i dont think they will use that amount for investing    .


Title: Re: An inspirational story of a 19 year old boy.
Post by: taufik123 on May 20, 2020, 04:00:26 PM
-snip-
The influence of parents also seems to be the reason why this 12-year-old child can invest in bitcoin with $ 1k money obtained from his mother. and also this kid is smart and genius enough to invest in Bitcoin as if he knows that Birtcoin in the future will benefit him very much.

The parents of this child must have been rich and had lots of money, so his mother gave him a gift of $ 1k at the age of 12, at such a young age I had never held that much money.


Title: Re: An inspirational story of a 19 year old boy.
Post by: sunsilk on May 20, 2020, 06:32:11 PM
Not every one of us can get $1,000 to our savings with the ages ranging from 12-19. I see that this is the story of Erik Finman, he really did something great at a very young age. We admire him because when we're younger or during the early days of bitcoin, we don't care about it and we're doing a different thing.
Absolutely he made an outstanding investment at the early age of 12 and its rare too. Story of Erik Finman is quite inspiring for new bitcoin holders and specially his condition of not enrolling on university if he can make 1 million just by investing 1000$:). What a strong determination from an 12 years old boy!
It is inspiring and at his young age, he already thought of how valuable bitcoin was during the early stage and managed to keep it until we see the break out in 2017. If I also made a million out of something, I'd probably stop my college and just focus on building businesses that can grow that capital.

But, that's where the discussion starts because many will say that it's important to have an education. It's still the best recommendation and the knowledge, a diploma that you can apply and use in the future for job security. However, Erik did the other thing path in which he's way happier and the story of most successful CEOs in the tech sector are dropped outs.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Haunebu on May 20, 2020, 07:05:28 PM
Well actually, this is not a complete success story. He received start-up capital from another person, ideally, he should have earned this money exclusively on his own, and then, understanding how they get to invest in cryptocurrencies.
He turned a thousand bucks into millions of dollars. Complete success story? This is easily one of the biggest success stories out there in the crypto world. Very few have managed to achieve something like this in a short span of time

As someone said above, this is just an accident. It could have happened to anyone. Maybe you should also remember those who invested in Apple when they worked in the garage?
Investing $1000 into a complicated asset like BTC is definitely not an accident even if luck was a major factor here. The ones who invested in Apple made smart investments in a similar manner. None of these decisions were accidents.


Title: Re: An inspirational story of a 19 year old boy.
Post by: jostorres on May 20, 2020, 07:32:54 PM
Wow, this is the best story I have read in recent times, to be sincere. Most kids at his age then wouldn't even be talking about Bitcoin or anything that has to do with investment if you gave them $1,000. Instead they will rush out to buy new gaming consoles, shoes, clothes, food and other things that wouldn't benefit them as much as Bitcoin did for this kid. I was going to say that he might start misusing the money now, but after giving it a thought for a minute, I think he will surely do the right thing with the money he has gotten from the investment, and I wish him luck.

I believe this is going to inspire lot of young generation to think about investing and having bitcoins for rest of life. I mean most people think about buying bitcoins just to enjoy some short term benefits and no one plan for year long holding. But, to achieve goals in millions then they must think about holding for years. I guess, many people do learn some idea from this story.


Title: Re: An inspirational story of a 19 year old boy.
Post by: hatshepsut93 on May 20, 2020, 07:35:32 PM
I'm personally not that inspired, it's really just luck to be at the right place in the right time, and of course a bit of knowledge and understanding. If you think about it, the world is full of opportunities like Bitcoin, if you'd invested in stocks like Apple or Microsoft or Tesla in their early days, you'd be a millionaire too. Or you can just make a few big leveraged trades in the right moment and turn thousands into millions.

There's no guarantee that Bitcoin will bring the same returns to later investors just because of its previous growth, past performance doesn't mean much in the long run, only fundamentals do.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Ryker1 on May 21, 2020, 02:47:12 PM
Well, this is really an inspiring story in fact when I was still at the age of 12 the only thing I knew is to play, and every single penny that I received I ran to the nearest store to buy some stuff, perhaps not for a toy anymore or a snack but for my needs as well and the mere fact that I'm doing such thing it only means that my mindset is still far from saving for the future. Now that I have learned my lesson I am trying to inculcate this to my kiddo that each penny must be valued enough, and learn to save so when the time comes he already has his own money which he exerted effort through saving. Indeed, --I should tell my kid the story of this Erik Finman so he would get inspired and may start saving and invest in bitcoin in the near future.


Title: Re: An inspirational story of a 19 year old boy.
Post by: coinfinger on May 21, 2020, 04:18:35 PM
That's a wise decision that kid made there. I'm quite surprised that a little kid at his age got to know about Bitcoin at that stage, and truly it was worth it for him and he's now a millionaire at a young age. The kid must be a really smart kid, most kids at his age don't think of investment , they spend their time on fun.

The most important thing now is what he chooses to do with that money. I hope he doesn't make the wrong choice and I hope he doesn't become a spendthrift and blow off the money just like that without using it to accomplish big things. This is the time his parents should step in and guide him on what to do. They will as well listen to him and know his plans and then guide and make him understand if he's making the right choice or not.


Title: Re: An inspirational story of a 19 year old boy.
Post by: online73 on May 21, 2020, 09:45:24 PM
Hello everybody. Yeah, an inspiring story. I want to share my thoughts starting with the fact that there are many assets in the world, investments in which are worthy of our attention. There is a kind of war for our wallets and for our investments. And as in any war we need heroes, sometimes only such stories make a potential investor pay attention to one or another asset. Bitcoin is waging a war for a place in the sun, and such boys, who made their investment in bitcoin, are our true heroes, thanks to such cases, we continue to warm the belief that we all were in the right place and made the right investment in the right asset.


Title: Re: An inspirational story of a 19 year old boy.
Post by: yazher on May 21, 2020, 10:00:57 PM
Most of us here probably want to become that boy but unluckily hits some shit throughout our life that causes us to use every single buck in our pocket. what has to do now is learn everything from these kinds of stories and pass them to our young people who have some good perspective like us. we don't want them to repeat the same mistake like we did so we tell them what would go wrong if they followed our footstep. in this way, we lessen our regret at some point in our life and we taught them very important lesson that they can use in the future.


Title: Re: An inspirational story of a 19 year old boy.
Post by: camito on May 24, 2020, 01:45:00 PM
We all have our own achievement with regards to bitcoin but I really inspired with the 19-year-old boy who gets rich by his young age. It is really something to be proud of being a millionaire at the age of 19.

Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.

At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
Source: https://www.c[Suspicious link removed]m/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html
GDrive: https://drive.google.com/file/d/1sT3hEAnbr4DJRf0HcPEeMSzQtbYhJpWR/view?usp=drivesdk


This sounds so good, hoping that we feel the same way, most of us dream to be a millionaire or even billionaire someday, praying and wishing that it all come true someday, it takes time and experience to become one of those people. Just be patient and keep dreaming :D.

PS: I don't know what happens to the source link, I already edited it many times and it ends up like that.
PS: I just saved it to google drive so you can still visit the link if you want :D.

It really depends on a child's upbringing. Most teens today spend money on gadgets, clothes and shoes, bags, alcoholic drinks, drugs, etc. But once a child is educated about life and investment, surely, scenes like this won't be impossible. I myself, is still at a low level at the ladder here. And I have yet to learn more. I want to experience more earning, selling, transacting, and lots especially from those who has experience and from stories like these. It proves that once we educate the youth especially on Bitcoin, they could be our power.


Title: Re: An inspirational story of a 19 year old boy.
Post by: pixie85 on May 24, 2020, 09:02:40 PM
Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.

The story may inspire young age people to invest in bitcoin but if they end up loosing money in that process, that will be a real pain for them. I know few persons who had invested heavily in bitcoin back in late 2017 and still paying their credit card debt from their salaries. The boy in the story just got lucky!

I have to agree with you on this. When Bitcoin was in its early stage at less than $5 a coin most of us were not aware of its existence.

At that time I was still at school and did not even have a decent computer and had to ask my parents for money every time I wanted to go out or order a pizza. When I had $10 in my pocket I felt lucky.

To go all in with your savings is always a difficult choice even if it's 1000 or less.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Latviand on May 25, 2020, 05:21:13 AM
1000$ is big enough for me and maybe if I were given that much money then when I was young I might have bought another game or console. But the young man has been thinking long if bitcoin is an investment that is quite profitable. The story made a motivation for me if everyone can succeed at a young age.

That boy really is a role model for us all, that's very rare and unique. We all know that kids are more playful and maybe in reality, that $1000 will be spent into a toys and other things and not in bitcoin. His family should be proud about his kid's accomplishment and success, $3 million is really a huge money and you can only gain those money immediately if you invest in bitcoin, which he did.

Hoping that someday, when I have a son, I will teach them the essential and value of bitcoin while enjoying their life. I will teach him to be wise, flexible, and intelligent enough to make him survive the hardships in life and understand the reality.

This kid is the proof why bitcoin is really an advantage for us all, this inspirational story is an eye-opener for us to really value bitcoin and manipulate it properly. This story should be in the social media application so that those who are interested to it should try and invest to it.


Title: Re: An inspirational story of a 19 year old boy.
Post by: Assface16678 on May 25, 2020, 05:53:51 AM
That's good story and I think that 19 yea19-year-oldas a knowldge into the world of cryptocurrency and that gift was so huge giving a thousand dollars on you and invest all of your money into the bitcoin that child knows to make money or we can be called as the millionaire mind boy. Having an investment on a huge amount of that it takes time I think he invested when the market price of the bitcoin is low and see the potential of this coin to make earnings, there is a chance that he does to make trading too because getting too much amount of that gives you a million.

Not every one of us can get $1,000 to our savings with the ages ranging from 12-19. I see that this is the story of Erik Finman, he really did something great at a very young age. We admire him because when we're younger or during the early days of bitcoin, we don't care about it and we're doing a different thing.
Absolutely he made an outstanding investment at the early age of 12 and its rare too. Story of Erik Finman is quite inspiring for new bitcoin holders and specially his condition of not enrolling on university if he can make 1 million just by investing 1000$:). What a strong determination from an 12 years old boy!
It is inspiring and at his young age, he already thought of how valuable bitcoin was during the early stage and managed to keep it until we see the break out in 2017. If I also made a million out of something, I'd probably stop my college and just focus on building businesses that can grow that capital.

But, that's where the discussion starts because many will say that it's important to have an education. It's still the best recommendation and the knowledge, a diploma that you can apply and use in the future for job security. However, Erik did the other thing path in which he's way happier and the story of most successful CEOs in the tech sector are dropped outs.

Even you are a successful man still it has a huge opportunity to make a college degree because it makes you more completed on your life that at the first place you skip school that sometimes there is a missing part of you and that is the degree this is just my opinion only. We have different perspective that if you already successful you don't need to study again just to waste your time.

Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.

The story may inspire young age people to invest in bitcoin but if they end up loosing money in that process, that will be a real pain for them. I know few persons who had invested heavily in bitcoin back in late 2017 and still paying their credit card debt from their salaries. The boy in the story just got lucky!

I have to agree with you on this. When Bitcoin was in its early stage at less than $5 a coin most of us were not aware of its existence.

At that time I was still at school and did not even have a decent computer and had to ask my parents for money every time I wanted to go out or order a pizza. When I had $10 in my pocket I felt lucky.

To go all in with your savings is always a difficult choice even if it's 1000 or less.

Some of us does not have a decent life like that boy that gives him a huge amount of money but still we have a goal to make earning like him life is not a race we can achieve our goal in a particular time dont pressure our selves to get everything at the age we want because life is like market anything can change every time.


Title: Re: An inspirational story of a 19 year old boy.
Post by: AniviaBtc on May 25, 2020, 06:08:07 AM
A story that we can see as a success story. But this boy could go with so much money and do it irresponsibly or in dangerous things. Luckily, BTC appeared before him.

In fact, we can discuss how right to entrust a 12-year-old child with $ 1000.

Everybody should understand that bitcoin will really bring you a better future for your family and yourself. So if you invest right now, it will surely become worth as soon as you manipulate it properly in the market. There are times that its volatility will become your enemy but you need to deal with that so that you can minimize your losses.

BTC is really a good influence because it will prohibit you to do other things like spending it to drugs or spend it in a gambling casino. He's lucky enough to know the advantages of bitcoin at that early stage so he will not have a hard time experiencing the true value of bitcoin.

I think it was just a wise (to invest instead of spending) and lucky decision on his part. 10 years ago did we expect Bitcoin to grow as it did?

Maybe he is not only lucky enough, he really have courage to engage in cryptocurrency and he really believe that bitcoin will give him a brighter future. When you have plans in life, everything will fall into place so never give up, instead every hardships are sign of success so never stop and never get downed in using bitcoin. Learn how to become optimistic when it comes on what you are doing with your money.


Title: Re: An inspirational story of a 19 year old boy.
Post by: KrisAlex18 on May 25, 2020, 08:04:52 AM
I am also dreaming to become a millionaire someday, that is what we want for us and for our family, money circulates the whole world so being a millionaire is power.
Being a millionaire at the age of 19 is really amazing, at the age of 19 he earns so much money, investing is not enough to become millionaire, as what the story talks about he had started investing $1000 before and if he still continues doing it I think he cannot become a millionaire so fast, I was thinking on what are the things he had made to become like that. Do experience and knowledge enough to become like that? I think so, things have started with great knowledge, it would enhance by our experiences.
Quote
Most of us have at least $1000 in our savings account.

Lol! Your dad is either a millionaire or you are unaware about the reality. $1000 is a big amount and I bet more than 95% of the young age people don't have even half of it.

The story may inspire young age people to invest in bitcoin but if they end up loosing money in that process, that will be a real pain for them. I know few persons who had invested heavily in bitcoin back in late 2017 and still paying their credit card debt from their salaries. The boy in the story just got lucky!
Lol, even me at the age of 12 years old I don't have that amount of money in my pocket, only people who are rich enough could have that amount of money.
Investing is really good, aside from saving your money it makes it profitable.


Title: Re: An inspirational story of a 19 year old boy.
Post by: plvbob0070 on May 25, 2020, 12:51:18 PM
Good for him that he already has knowledge about cryptocurrency and bitcoin at the age of 12, and also that he's already thinking about investment. Usually, at that age, you will just think of buying things that you like. But in his case, he used the money given to him to invest in bitcoin. He's already lucky to receive such a huge amount of money at a young age for his birthday.

The story is already inspiring and it can teach us to think about our future. Investing is really a big thing that can help us secure our future. But it would be more inspiring if the money he used to invest was his own hard-earned money. But I can say that he's really good at managing his investment that it was again to grow like that. But overall, it still gives a lesson that we should use our money wisely, and let's not waste the opportunity over greed. We can buy more things we want if we think practically.