Young Trailblazers Who Made a Fortune In Crypto

It is quite common to hear people say it is okay not to have your life figured out at a young age. Although that fact cannot be disputed, there are some exceptions. The world of cryptocurrency has produced some of the youngest self-made millionaires in recent years.

The likes of Olaf Carlson-Wee and Erik Finman. These individuals have redefined what is possible at such a young age. Their stories serve as a testament to the potential of the crypto industry to create wealth and opportunity for those willing to take risks and innovate. Here are some young millionaires who made a fortune through crypto.

1. Erik Finman

This young dude is the real definition of audaciousness. Erik dropped out of high school at 12, and that looks like the best decision he ever made for himself. He first learned about Bitcoin during a protest where he met a man wearing a Bitcoin-inscribed shirt. Out of curiosity, he asked the man what bitcoin was and he told him it would end Wall Street. He went home and did his research, and then he realized that Bitcoin was indeed the future.

Erik took the leap of faith by investing the $1245 he got from his grandmother in Bitcoin when it was trading around $12 per coin. In December 2017, Bitcoin reached a high of around $20,000, and his initial investment grew to $2.07 million, a growth of about 230,033%. Finman used his riches to establish an educational platform and has since built a multimillion-dollar cryptocurrency company. 

2. Eddy Zilan

He was one of the youngest few who invested in crypto early. He might not be as popular as Eddie Murphy, but this Eddy is rich. It all started when he was 15; he opened a Coinbase account to start trading even though he had not reached the age limit (18).

He purchased ether worth $100 and that was the beginning of greatness for him. His early entry into the market and investment decisions have contributed to his success in becoming a crypto millionaire. He has since seen significant returns on his investment.

3. Rachael Siegel

Unlike many others who started really young, Rachael started investing in crypto in her 20s. She invested her time and money in learning about crypto. Rachel Siegel made millions in crypto by starting with small, regular investments and dedicating herself to learning about the market. There were times she made not-so-good investment moves, but she saw it as a learning curve. She began by investing just $25 a week in cryptocurrency, primarily in Ethereum and Bitcoin. 

Although Rachael refused to disclose the exact figure, her investments yielded profits within the low seven-figure range. Siegel now works full-time as a cryptocurrency influencer with the name "CryptoFinally.”. She has devoted herself to educating and entertaining millennials about blockchain technology. A typical “smart money woman”!

Conclusion

Cryptocurrency holds so much potential; some have been witnessed, and some will be realized in the future. Investing in the crypto industry with the “I can do it” mindset might just be all that is needed to improve one’s finances.

Generally, crypto is considered a risky venture but what investment doesn’t bear its own risk? These millionaires took the risk and it has paid off. One crucial step they all took was taking time to research the industry. Therefore, it is advised that users do thorough research on the crypto industry before venturing into it.