This 19-Year-Old Bitcoin Millionaire Offers 'Crucial' Advice For Young People Looking To Invest
Teenage bitcoin millionaire Erik Finman, 19, has advice for young people looking to invest in the cryptocurrency: "Find what you're good at, and find a way to make money doing it." "This is crucial for young people," he writes on Twitter. "Establishing an extra stream of income will allow you to start investing earlier." TWEET Finman currently owns 401 bitcoins, which he confirmed with CNBC Make It, or over $4.4 million at the rate of $11,182 a coin. The teenager began investing in bitcoin in May 2011, after receiving a $1,000 gift from his grandmother at age 12. Finman tells Forbes that his knack for politics is actually what got him interested in bitcoin initially. "[I] saw this as an incredible way to transcend the financial system including Wall Street," he tells the magazine. However, notable financial experts like Warren Buffett have warned against investing in bitcoin. "In terms of cryptocurrencies, generally, I ca...