Young Millionaires Made in Bitcoin and Other Cryptocurrency
The Bitcoin and other cryptocurrencies are now the change players in the investment industry. This digital currency also makes big changes in the lives of dedicated investors. The good thing about bitcoin is that the government and banks do not manage it. It is decentralized and open to all who are willing to invest.
The Bitcoin technology offers opportunities to grow business today. In fact, some financial institutions are already using the technology to enhance their procedures like insurance and settlements. This more innovative technology continues to dominate the world and considered as the game changer in the financial world.
Meanwhile, bitcoin and another cryptocurrency can provide you a significant change and rewarding results in your life. To inspire you about this, the following are the list of the young millionaires made in bitcoin.
- Kingsley Advani.
Kingsley Advani became a millionaire at the age of 24 because of cryptocurrency. According to him, he invested $34,000 and made it into low seven figures within six months. The 24-year-old cryptocurrency millionaire quit his job last fall and decided to travel the world as an angel investor and startup adviser.
The young millionaire decided to invest all of his savings. Advani stated that he is not a party-goer. Thus, he spends most of his time to meditate and to read cryptocurrency research online. Advani explained that the key to success is limiting the number of things that he focuses on. He leaves advice which is to, “Only put in what you can afford to lose. “
- Erik Finman.
Erik Finman is a 19-year-old bitcoin millionaire. He gives crucial advice for the young people who are also planning to invest in the cryptocurrency world. Erik leaves valuable advice for the youth, “Find what you’re good at and find a way to make money doing it. It is crucial for young people, establishing an extra stream of income will allow you to start investing earlier.”
Finman presently owns 401 bitcoins, which is equivalent to $4.4 million at the rate of $11,182 per coin. The young man started to invest in bitcoin in May 2011 after he received a $1,000 gift from his grandmother when he was 12.
- Charlie Shrem
This young man became a millionaire at the age of 23 through bitcoin. He is the co-owner of Evr, one of Manhattan’s most popular gastropubs. The establishment was one of the first establishments that receive bitcoin as payment for food and drinks in New York.
Charlie Shrem is currently a BitAngel, a member of an investment organization that invests in Bitcoin startups. However, the young millionaire uses his money to assist others. He believes that bitcoin is a real opportunity, especially for the youth.
Nowadays, young people are getting optimistic about the prospects and advice of successful bitcoin investors. To sum it up, if you wisely invest in bitcoin just like these young millionaires, you can experience rewarding financial security. It can be one of your effective money-making machines that can support your needs.