Erik Finman

Erik Finman is certainly the stereotype of young, well-known crypto-millionaires. He is in fact the youngest known and active on social networks. Today, Erik Finman owns 401 bitcoins (around $14 million currently).

Today, he is 22 years old and he is the head of several companies, according to his claims.

He invested in bitcoin in May 2011, when he was just 12 years old. His grandmother had just given him $1000 for his birthday.

He immediately decided to buy Bitcoin.

It is surprising how old he was when he “invested” in Bitcoin. In fact, it is an age when most of us do not even know what the word “investment” means.

Then, in 2011, knowing (and understanding) the very existence of Bitcoin was exceptional to say the least. We can imagine that it was relatives who told him about Bitcoin. For example, he is the father of Vitalik Buterin who first told him about Bitcoin when he was 13.

This is the price of Bitcoin since its creation. We can see that it is especially since the end of 2017 and 2018 that Bitcoin has experienced increases in its price. Often, crypto millionaires are those who invested before 2014 and before 2017.

He talks about his journey in this YouTube video:

Erik Finman had declared that he was more interested in the a-political particularity of Bitcoin more than in its speculative aspect. Yes, at that time, no one could really predict that Bitcoin would one day cost more than $60,000.

Erik Finman is very active on Twitter. Due to his young age, he encourages the younger generation to invest in cryptocurrencies and mainly bitcoin.

“What I like about Bitcoin is that instead of a rich old man on Wall Street, it’s the poor young people who are getting rich.”
Erik Finman, CNBC

He is living proof that it is possible to change social class solely through the purchase of bitcoin (at the right time, eh). Erik Finman had academic results considered mediocre and he constantly reminds us that his success story can be explained by his investment.

That said, you may have doubts and tell yourself that deep down, at 12 years old, he was helped by his parents.

Erik Finman continues to invest in Bitcoin

After buying his first bitcoins in 2011, he sold them in 2013. At that time, he made a capital gain of $100,000.

There, he decided to create an online business, in 2014, which he called "Botangle". This online education company was sold for 300 Bitcoins.

Since then, he has been living off his bitcoin annuities. He also works with NASA's ElaNa project. He says he has also invested in Ethereum as well as Litecoin.

(Read the article to understand the difference between Litecoin and Bitcoin).

So that’s the portrait of the youngest crypto-millionaire. He currently resides in San Francisco (not Dubai) and is currently working on a new start-up.

Erik Finamn is clearly part of what is called the "Bitcoin aristocrats" and no longer really has to worry about financially. He has "fuck money" as they say in the industry. Finally, we assume that Bitcoin will continue its rise, of course.

This is what we believe too.

Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.

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