Teenage bitcoin investor turned bar mitzvah money into $500,000-plus profit

technology
9
0

Eddy Zillan was 16 when he began investing in bitcoin, just two years later, the youthful investor estimates he has “made close to a million” from trading in various cryptocurrency.

The perspicacious Ohio teenager was an early adopter of the bubble and bust digital currency, investing in 2015 when bitcoin’s price was as low as $214 following a prolonged bear market.

“I started off with $1,000 to play around with out of my savings,” he told The Telegraph. “I then acquired another $5,000 through my bar mitzvah money (in 2012).

“I then invested another $6,000 through money I earned and saved from working summer jobs.”

The student, who has created his own cryptocurrency consultancy business capitalising on his investment success, calls his first foray into the bitcoin market an “educated guess”.  

Facebook Comments

POST A COMMENT.