He Became A Bitcoin Millionaire At The Age Of 12!
He Became A Bitcoin Millionaire At The Age Of 12! I guess no one would ever guess that a 12-year-old could do these things. But this boy has made a small fortune today because of what he has achieved!
Erik Finman, who became a Bitcoin millionaire as a result of a sum of money that he received from his grandmother at the age of 12, has spoken about the future of the cryptocurrency market. Finman pointed out that if we don’t become millionaires in the next 10 years, it’s our own fault.
Finman testified that Bitcoin and the other cryptocurrency market could make anyone a millionaire in about 10 years, and “if you don’t become a millionaire in the next 10 years, that would be your fault.”
Speaking to the American Web News website, Finman answered the question of whether it is possible for the average person to repeat an unexpected success like himself.
“The area is still relatively small; the market value is just over half a trillion dollars. I don’t want to be misunderstood. This is, of course, a very high amount, but very small compared to other asset classes. So, if you can’t become a millionaire in the next 10 years, it’s your own fault.”
Erik Finman, who lives in the US state of Idaho, became the latest to join the list of “bitcoin millionaires.” At the time of the 1,000-euro investment he made when he was 12, the selling price of Bitcoins was only $ 12; currently, it is within the $ 7,800 limit. After that initial investment, he owned only 83 bitcoins and would have a quarter-million dollars in cash with the exchange rate currently available. But the story doesn’t end here…
When Finman invested $ 1,000 and reached $ 100,000 in the last year of 2013, he sold all of his bitcoins and established a company called Botangle, which allowed students who thought their school couldn’t provide enough education and they could make video calls with teachers. In 2015, it sold the company again, in exchange for Bitcoin at a considerable value.
As a result, bitcoin prices rose to $ 7,800, and since Finman sold its company, it has bought 103 more bitcoins with more investment. In this case, bitcoins have also increased their current presence to a total of over a million dollars.
Some people think that the value of bitcoin will reach up to $ 100,000 in the coming years, but Finman predicts that it can go much further, from a few hundred thousand to a million dollars each.