Do you want to become a Bitcoin millionaire? This will surely inspire you!
If you have been in this industry during Bitcoin’s early years where there were more people who doubted it than those who trusted it, then you are surely one of the few people who are reaping good amount of Bitcoin now. Just like this man below. He trusted Bitcoin and now he’s enjoying the fruit of his good decision.
The rags-to-riches stories about Bitcoin investors are a consistent theme with the rise in the value of Bitcoin over the past six months.
The most recent is Erik Finman, who invested $1,000 in Bitcoin in 2011 when it was valued at $12. His parents had made an agreement with him that if he were a millionaire by 18, he wouldn’t have to attend college. A child of two Stanford Ph.D. holders, Finman was willing to take the bet.
He now holds 403 Bitcoins, which, at their current valuation of $2,700, represent $1.09 mln. He also manages investments for the rest of his family, who have begun looking into Bitcoin as an investment vehicle.
At one point, an investor offered him either 300 Bitcoins or $100,000. At the time, Bitcoin was worth $200. He took the coins over the cash, much to the chagrin of his parents.
Will he return to college? “I never got my GED, and I don’t see the value in it,” Finman said. “The purpose of that would be to get another education level and get a job. I had to learn through running a business. Instead of writing essays for English class, I had to write emails to important people.”