If someone can come close to the description of “boy golden” of the cryptocurrencies, without a doubt, this would be Erik Finman. And is that, in 2011, and with just 11 years of age, Finman invested a gift of $ 1,000 from his grandmother in Bitcoins when they were worth only $ 12. With the passing of the years, Finman has remained involved in the world of cryptocurrencies, founding companies, and working with large organizations, despite their young age, so that in CriptoTendencia we want to talk to you about the secrets that have been behind the strategy of Finman, and that have brought great results.
Contents
1 – Any age is good to start
Finman is not a boy like any other, and that, when at the age of 11 received a gift from your grandmother with $ 1,000, your first instinct wasn’t to use this money on video games, sweets, or any other thing that could have desired a child of his age. On the contrary, Finman decided to follow an advice of his older brother, who I tell him about this new virtual currency, the Bitcoin, which led him to buy a large amount of Bitcoins at $ 12, getting big profits by exploiting the price. So it does not matter how old you are, it is always a good time to start investing.
2 – Reinvest in your projects
In 2014, with the price of Bitcoin hovering around $ 1,000, Finman decide to sell. However, it does not to be able to enjoy the fruits of their investment, but to reinvest this money in a new project: a business education online. This platform to help students who are not adapting well to the traditional education, which was directed by the teen Finman with such success that managed to sell it at the age of 18 years, having the option of getting $ 100,000 for it or receive 300 Bitcoins. It chose the Bitcoins, and today is found in the select group of criptomillonarios.
3 – Work on what you are passionate about
Society expects things of us. Are the patterns of normal behavior that should in theory follow any person, but that are usually broken by those who are part of those who dare to challenge the status quo, revolutionizing the world. Finman, who falls in this category, made a deal with their parents before reaching the age of majority: if I could be a millionaire by the age of 18 do not have to go to the University. And that is, the traditional education had never been for him, so that when you get to be a millionaire at 18, he managed to avoid going to the University, devoting his time to things that really are passionate about: the technological innovation, which has led to collaborations with NASA.
4 – Learn when to fold
All are afraid of the changes, it is a natural behavior of self preservation. But if the sale that Finman took out of your business education online may allow ourselves a second lesson, this would be to understand when it is time to retire and embrace the change that comes with it. If Finman had not sold his first company, would not have been able to get 300 Bitcoins that have been positioned now between the list of the criptomillonarios, or may be dedicated to projects that require more attention.
5 – Trust yourself
Due to the young age that I had to enter the world of cryptocurrencies, Erik Finman was subjected to multiple pressures from people from all aspects of his life, trying to shape his behavior. However, Finman has always remained firm in his convictions and plans, and thanks to this, has managed to adequately manage its heritage, and has managed to run an investment strategy that has worked, with a few principles that we hope will be useful. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.