What is Paxos Standard (PAX)?
As of last year, cryptocurrency investors became very interested in stablecoins. One of these stablecoins is Paxos Standard (PAX). If you would like more information, you can check out our blog.
The possibility of becoming a millionaire with Bitcoin was very interesting when it first appeared. Seizing this opportunity, young Erik Finman invested in Bitcoin 8 years ago when he was only 12 years old and managed to become a millionaire in a short space of time.
The most important advantage of Finman on its way to becoming a millionaire is its regular investment in Bitcoin over the years. In this way, Finman constantly doubled his fortune.
He is known as one of the most inspiring and renowned investors in the crypto currency universe. Erik Finman made his first investment at the age of 12, aware of Bitcoin thanks to a coincidence.
He is who explained this incident in an exclusive interview with Cheddar. Recounts hearing Bitcoin’s name during a protest that took place for the first time. He was take away to a protest by his brother after the 2008 economic crisis and during which he saw someone wearing a Bitcoin T-shirt.
Following this protest, Finman decided to invest by conducting large-scale investigations on Bitcoin, which attracted his interest.
After all these developments, Finman invested in Bitcoin at the age of 12 and bought $ 1000 bitcoin. Looking at the exchange rate of this period, this investment was equivalent to 100 bitcoins.
With this investment, Finman doubled his wealth and increased the amount of 100 Bitcoins to approximately 450 Bitcoins. Introduced as a Bitcoin millionaire at the age of 18, Finman’s current fortune is estimated at over $ 4.5 million.
Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.