If you dream to get rich with investing in cryptocurrencies, maybe you can learn two or three things with Erik Finman. He’s one “teen bitcoin millionaire” and believes anyone that are curious about investing in cryptocurrencies could dip their toe within the crypto pond by investing $1,000. After all, that approach transformed the 19-year-old higher college dropout into a millionaire.
Investing in cryptocurrencies isn’t anything for everyone – you really need to have stomach. Many people are understandably leery of cryptocurrencies as a result of the erratic cost movements of bitcoin as well as other digital coins. Moreover, they’re unregulated and usually are not backed by a central government or bank, adding to their murky reputation as an investment vehicle. But Finman thinks bitcoin will be the wave of the future, and for now, he believes it is the safest virtual currency to invest in. “I consider bitcoin is the safest cryptocurrency appropriate now,”.
Naturally, Finman is biased: The teen crypto phenom used $1,000 his grandmother gave him when he was 12 years old to buy his first bitcoin when the little-known virtual currency was just $12 a token. By age 18, Finman had turn into a millionaire.