19 year old millionaire advice on Bitcoin

[easynote]

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

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

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

[sureshotcoin]

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

[Anti-Cen]

"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

[Victorycoin]

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.

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!

[joebrook]

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

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.

[Generalbablita]

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

[adriaymati58]

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

[Sithara007]

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

[handsomes]

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.

[santieevanz]

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

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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.

[Omega Weapon]

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.

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.

[odolvlobo]

He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
...
Still, he adds the same disclaimer as Mark Cuban: Only invest what you're willing to lose.

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

[Shreek]

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.

[Alert31]

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

         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.