There are a number of success stories about people who became Bitcoin millionaires. After the release of the first annual cryptocurrency wealth rankings earlier this year, a few of these Bitcoin stories became well known. Others, however, haven’t received as much attention.
In this article, we look at a few of these Bitcoin stories to get a better idea of the various ways in which it is possible to succeed in the cryptocurrency market and become a Bitcoin millionaire.
Kingsley Advani – Early Investor
Kingsley Advani was able to become a Bitcoin millionaire at the age of 24. He did so by investing in cryptocurrencies after a friend introduced him to the industry back in 2012.
Advani’s process of gaining Bitcoin wealth could be considered a major risk as Advani sold his worldly possessions and took thousands of dollars of savings out of his bank accounts. In total, Advani invested $34,000 and was able to make low seven figures in just six months.
Now, Advani travels the world and works in London, New York, and San Francisco with cryptocurrency startups as an advisor.
Erik Finman – Early Investor
Erik Finman is known as one of the youngest cryptocurrency millionaires in the world. Finman began investing in cryptocurrencies back in 2011 when the price per BTC was around $12. After he received $1,000 as a gift from his grandmother, his brother, Scott, suggested buying Bitcoin.
At the end of 2013, he sold his Bitcoin holdings when the price hit about $1,200 per BTC, netting $100,000. With those earnings, he started an education tech company called Botangle in early 2014.
In 2015, an investor offered to buy Finman’s company. The investor gave an option between $100,000 or 300 BTC. At that time, the value per BTC was only around $200. However, Finman believed in the future of cryptocurrency and chose the 300 BTC option.
By summer 2017, Finman owned 403 BTC. As of July 2018, the value of this investment totals around $2.5 million.
The post The Untold Bitcoin Stories of Bitcoin Millionaires appeared first on Statii News.
source http://news.statii.co.uk/the-untold-bitcoin-stories-of-bitcoin-millionaires/
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