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Author Topic: An inspirational story of a 19 year old boy.  (Read 580 times)
kaneki007
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May 19, 2020, 05:59:08 PM
 #21

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.

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May 19, 2020, 06:04:32 PM
 #22

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  Grin

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May 19, 2020, 06:24:33 PM
 #23

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 Roll Eyes 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.   


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May 19, 2020, 06:42:00 PM
 #24

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.

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May 19, 2020, 09:24:00 PM
 #25

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.

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May 19, 2020, 09:36:03 PM
 #26

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.

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May 19, 2020, 10:09:00 PM
 #27

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.

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May 19, 2020, 10:24:04 PM
 #28

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.
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May 19, 2020, 10:31:39 PM
 #29

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.

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May 19, 2020, 11:41:48 PM
 #30

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.

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May 20, 2020, 09:53:13 AM
 #31

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.  Wink

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.  Grin

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.
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May 20, 2020, 12:22:56 PM
 #32

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.
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May 20, 2020, 12:47:29 PM
 #33

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.



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May 20, 2020, 01:10:18 PM
 #34

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.
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May 20, 2020, 01:10:59 PM
 #35

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?
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May 20, 2020, 01:20:51 PM
 #36


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 Cheesy.

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 Cheesy.
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.
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May 20, 2020, 01:25:04 PM
 #37

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 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.

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May 20, 2020, 01:34:10 PM
 #38

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 Cheesy.

someone once said: "dreams don't pay taxes"  Grin

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

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May 20, 2020, 02:55:57 PM
 #39

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    .
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May 20, 2020, 04:00:26 PM
 #40

-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.

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