AT AGE 15, Erik Finman begged his parents to let him drop out of the high school. His parents were highly educated and concerned by his desire to shun school so he made a bet with them. If he became a millionaire by the age of 18, he didn’t have to go to university. Currently, he is now 19, and at least on paper, a millionaire. In fact it was so easy he says that if you’re not a millionaire in the next 10 years, you are an IDIOT.
His road to money started when he was 12 years old and his grandmother gave him USD10,00 as a birthday gift. He decided to invest it in the then emerging cryptocurrency bitcoin and bought 100 units of the digital currency after his older brother told him all about it. He took to the currency with such gusto that after he started making headlines by the age of 16, some in the media anointed him “Bitcoin Teen”.
He said:
-If you are smart about cryptocurrency over the next 10 years, many people can build their fortunes even better than I did. The area is still relatively small — the market capitalization is just over half a trillion dollars. I do not want to be misunderstood — this is, of course, a very high amount, but in comparison to other asset classes, it’s still small. Therefore, I say if you do not become a millionaire in the next 10 years, you are an IDIOT.
Despite his comments, today all the crypto market saw a bloodbath with all numbers red. This in part due to the threat of a South Korean ban and the Tether auditing.
What do you think?
Do you think you can become a millionary in the next 10 years with crypto?
Will the crypto market even survive this bloodbath or is this the start of massive global adoption?
Visit my other posts to find out more about the highly volatile crypto market