Do you remember Erik Finman? A 19-year-old from Germany who got rich from cryptocurrencies after his grandmother gave him $1555 to invest. He recently said, “if you do not become a millionaire in the next 10 years, then it’s your own fault”. Well, he said those words during an interview with Business Insider.
Erik Finman Says “If You’re Not A Millionaire In Ten Years, It’s Your Own Fault”
Do you remember Erik Finman? A 19-year-old from Germany who got rich from cryptocurrencies after his grandmother gave him $1555 to invest. Well, right now he has $1.9 million in Bitcoin. Guess what he has some harsh words for all those who were worried about investing in cryptocurrency.
Erik Finman recently said, “if you do not become a millionaire in the next 10 years, then it’s your own fault”. Well, he said those words during an interview with Business Insider.
Erik Finman said in an interview with Business Insider “If you are smart about cryptocurrency over the next 10 years, many people can build their fortunes even better than before”
“The area is still relatively small; the market capitalisation is just over half a trillion dollars. I do not want to be misunderstood: This is, of course, a very high amount, but in comparison to other asset classes, it’s small.”
“I say if you do not become a millionaire in the next 10 years, then it’s your own fault.”
Well, Erik Finman believes that people can still make their fortunes with the cryptocurrencies since the market is still small and has lots of room to grow.
He also mentioned that the recent downfall of crypto coins is actually a good thing. According to him, there are many people who were eagerly waiting for a devaluation because they wanted to buy.
Well, everything seems to have worked out well for Erik Finman. However, it’s still not advisable to throw all hard-earned money into Bitcoin, Ehereum or any other form of cryptocurrency.
So, what do you think about this? Share your views in the comment box below.
