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Author Topic: 19 year old millionaire advice on Bitcoin  (Read 711 times)
Walrus1 (OP)
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February 08, 2018, 02:48:28 PM
 #1

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
Kprawn
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February 08, 2018, 03:08:15 PM
 #2

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.  Roll Eyes

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BTCMILLIONAIRE
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February 08, 2018, 03:22:02 PM
 #3

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.  Roll Eyes
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.
CoinOnTheBeach
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February 08, 2018, 03:25:28 PM
 #4


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.
Booooooo
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February 08, 2018, 03:29:30 PM
 #5


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. Wink

Notcalculator
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February 08, 2018, 03:35:19 PM
 #6

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.

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kapustin
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February 08, 2018, 03:41:59 PM
 #7

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.
zais
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February 08, 2018, 04:01:19 PM
 #8

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
romanovst
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February 08, 2018, 04:37:05 PM
 #9

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.
trickyriky
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February 09, 2018, 05:28:43 PM
 #10


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!
Rozita
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February 09, 2018, 05:36:39 PM
 #11


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.
Stedsm
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February 09, 2018, 06:04:00 PM
 #12

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BTCMILLIONAIRE
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February 09, 2018, 07:12:26 PM
 #13

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.
Desperaboss
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February 09, 2018, 07:35:28 PM
 #14

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.

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February 09, 2018, 07:38:56 PM
 #15

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.

brotherwood12
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February 09, 2018, 07:51:33 PM
 #16

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
marjil
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February 09, 2018, 07:53:45 PM
 #17

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.

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February 09, 2018, 08:06:33 PM
 #18

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.
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February 09, 2018, 08:24:42 PM
 #19

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.
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February 09, 2018, 08:42:40 PM
 #20



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