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Author Topic: How 18-year old boy became Millionare from Bitcoin  (Read 10842 times)
Ris88
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October 01, 2019, 07:47:08 AM
 #121

Everyone here is racing to become a millionaire, very good with the child's idea and the skills he has, but I am reminded about the story of a Pizza seller who got almost 10k bitcoin just helping someone who had no money at the time, and finally paid using bitcoin and so far no one knows of its existence, maybe here many people already know about the Pizza seller ...
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October 01, 2019, 08:00:32 AM
 #122


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 wonder how his brother found out about Bitcoin? This was not the most popular information on the Internet. I found out about Bitcoin in 2015 by accident, it was almost not advertised
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October 01, 2019, 09:35:53 AM
 #123

This story reminds me about my online friend who happened to be an early crypto adopter and bought more than 1K BTC wayback 2012 only to sell  his stash after  the price went double in a short period  of time! Imagine, how could he become more financially stable if only he'd chosen to hodl it for several years up to the bull run of 2017 but I guess we couldn't predict what will happen in the future! Personally he has no regrets whatsoever yet that incident further strengthened his resolve  as a long term hodler even up to now because I think he has learned his lessons well.

To this day, I often told his story to my peers who are also in crypto so that maybe it will inspire us to have a long term investment strategy on cryptocurrencies especially with Bitcoin and that one day, who knows, hopefully maybe one of us could replicate the story of that 18 year old boy!
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October 01, 2019, 09:50:49 AM
 #124

That kid can see something that will be potential than the other people, even adult people, so he is very lucky. A few kids like him, and we will see in the future, there will be so many billionaire kids that earn money from bitcoin. That is a lesson for us to teach the good thing to our kids, so they know how to react with something new that many people don't like. If there are many more kids like him, I am sure the world will be different than now.

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October 01, 2019, 01:54:53 PM
 #125

Honestly, an 18-year old boy can easily became a millionaire from bitcoin as long he has a dedication to learn more or go deeper about cryptocurrency and blockchain technology, that is why a lot of people are now getting rich because of bitcoin and cryptocurrencies.
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October 01, 2019, 03:17:29 PM
 #126

Honestly, an 18-year old boy can easily became a millionaire from bitcoin as long he has a dedication to learn more or go deeper about cryptocurrency and blockchain technology, that is why a lot of people are now getting rich because of bitcoin and cryptocurrencies.
Exactly, anyone can be a millionaire from just being here in crypto industry but you must be possess of great knowledge and experience otherwise you'll just become a normal folk. Passion, is one of the key as well, without this thing you will not last long in this industry. You must be wise as well, willing to learn and more. I have seen a lot of people who become successful through the usage of crypto so just believe in ourselves, if they can do it and so we can.

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October 01, 2019, 03:19:05 PM
 #127

I am proud of people like Eric Finman. Eric has benefited from his opportunities and now he has a comfortable life now. We are living in technology era and technology is constantly developing and evolving. Anyone who is into technology can succeed if he/she works hard.

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panganib999
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October 01, 2019, 03:43:54 PM
 #128

Honestly, an 18-year old boy can easily became a millionaire from bitcoin as long he has a dedication to learn more or go deeper about cryptocurrency and blockchain technology, that is why a lot of people are now getting rich because of bitcoin and cryptocurrencies.
Bitcoin is just any other currency. He became a millionaire because he has the patience and has what it takes to be a millionaire. Bitcoin is not a quick way to become a millionaire it depends on the people. If he sold his bitcoin when it just has a little pump he would never be a millionaire, but instead, he believes in it and have the patience to hold it, so he became a millionaire because of his self not because of the bitcoin.  
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October 01, 2019, 03:49:30 PM
 #129

Honestly, an 18-year old boy can easily became a millionaire from bitcoin as long he has a dedication to learn more or go deeper about cryptocurrency and blockchain technology, that is why a lot of people are now getting rich because of bitcoin and cryptocurrencies.
Exactly, anyone can be a millionaire from just being here in crypto industry but you must be possess of great knowledge and experience otherwise you'll just become a normal folk. Passion, is one of the key as well, without this thing you will not last long in this industry. You must be wise as well, willing to learn and more. I have seen a lot of people who become successful through the usage of crypto so just believe in ourselves, if they can do it and so we can.
Don't forget about luck mate, with all those conditions luck delivers the most for bringing that kid to become a millionaire, there's only few people who believes that this cryptocurrency will succeed, the timing of this boy is very lucky, he make his entry in a perfect timing when bitcoin bull hype the
value of this crypto money to it's highest level.
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October 01, 2019, 03:55:44 PM
 #130

cool story . with his verry young age he already know how to invest in bitcoin ?   i think if i were on his situation , i wont think of investing my money of bitcoin but i think i will only care wasting my money on video games   .  anyway this kid must be knowledeable enough and he is an advance thinker  but this kid is not alone  . ive seen alot of stories before about young millionaires . he might be the first miliionaire on the crypto scene but others are only a business men outside the crypto .
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October 01, 2019, 05:12:14 PM
 #131

Yes, the kid is very smart and creative because he takes advantage of the opportunity to become a millionaire from the bitcoin he gets.
will be an example for everyone because being a millionaire from the results of bitcoin will definitely pass strong patience when profits have been obtained and he will continue to endure to achieve very satisfying results.
His interest through new technology do really helps and it do mixed up with some sort of luck too because those purchases of thousand of bitcoin is just somewhat
a non serious shot but luckily it did pays off.The thing here is that he used and sold up those coins for another purpose which it did succeed also which makes his career
even more productive.If you don't let yourself open to new opportunities and chances then you cant achieve these financial success.

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October 01, 2019, 06:30:48 PM
 #132

He sees the future and believes in it. There are few people in this world  that have such a spirit and  attitude like him.  When  its come to  technology  only those  who believe it  and get it  at early stage become millionaire.  most people will call him lucky guy but i will call it  hard work.. hardwork + commitment will lead to such a great  success..   

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October 01, 2019, 06:31:24 PM
 #133

Well thanks to his grandmother who clearly is well to do and could afford to give a 16 years old $1000 and his brother who introduced him to btc, I think they are the ones who deserve the praise, without them there won't be any Eric the millionaire,
There a lot of smart people out there who can also do same or even better but they are not fortunate enough to have such people around to assist, well good for him, he was able to make something good out of the money he was given.
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October 01, 2019, 07:12:14 PM
 #134

I am also inspired by the story of 18-year old boy Eric Finman.
Therefore for the sake of following in his footsteps I made a long-term investment in bitcoin.
who knows I can be a millionaire too. Cool

In my opinion many people have become rich from bitcoin.
Therefore bitcoin is increasingly in demand by many people.
Because anyone can become a millionaire from bitcoin, the method also varies.
There are investments, trading, gambling, lottery, etc.
And I'm sure bitcoin can reach 40,000 $, I hope it can happen in
near future.

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October 01, 2019, 07:19:45 PM
 #135

In my opinion on that boy has been rich in investing bitcoin and forgot for how many years is just because they can afford to buy bitcoin at that time. There are hundreds or even a thousand people who had been rich in just investing bitcoin and let them sleep on their safe wallet.
Time will come bitcoin will become expensive due to less supply and more demand situation. If every one of us was an earlier bitcoin holder probably we are also one of those riches people just because of bitcoin. But at that time no one ever believed in Bitcoin.

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October 01, 2019, 11:43:22 PM
 #136

For me he just got lucky when he bought Bitcoins when the price is still low or below $500 USD. There’s more of them out there who bought Bitcoin at that price, hold on to it and when price hits the ceiling, we got instant millionaire. If he can duplicate this with other stocks or form of investment, then maybe we have a boy wonder here with a Midas touch.
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October 02, 2019, 01:30:18 AM
 #137

His brother is the one whom needs to be appreciated. Everyone won't be getting brothers who are helpful and understand the mind of younger ones. Here his brother have shared the knowledge about technology, along with the same he has bought him a book that has changed Eric's life. This is simply awesome, to see the brother perfectly study the younger ones mind and do the needful. I don't know now whether Eric is supporting his brothers.

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October 02, 2019, 05:19:28 AM
 #138

So the kid borrowed money and got lucky with investment? Good for him but he's not living in the real world, many people do not have the option to borrow money from family at no risk. Although he's done a good job selling at ATHs so can't fault that.
His mother gave him a thousand, It's not borrowed. It's true that not every one of us does have the opportunity like that. His brother might be the who is really pushing him to invest in bitcoin and he did a good strategy selling it on that price point.

This shows that true believers do get a reward for doing the right thing.
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October 02, 2019, 09:17:35 AM
 #139

Saying that if you're not a millionaire in the next ten years is too much. Not everyone has a relative that can give you a $1000. I'm pretty sure there were also a lot of people that trust bitcoin at that time but didn't have that much money to invest in bitcoin. He's overweening even though he did not earn the $1000 himself.

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October 02, 2019, 09:21:54 AM
 #140

nah fam, everyone came from different walk of life, his statement doesn't apply to everyone.
don't let it makes you down.
it's alright if we don't make as much money as he did.
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