The world of cryptocurrencies emerged as one of the most significant financial revolutions of our century. Bitcointhe first and best known of these digital currencies, changed the relationship between money and transactions.
Since its creation in 2009, by Satoshi Nakamotoa person or team that used the name as a pseudonym, this currency was the catalyst for a series of technological and economic innovations around the world. Its boom is not only limited to its financial value, but also to its potential to transform entire industries, from traditional banking systems to the way in which the properties are managed.
Not long after Ethereumlaunched in 2015 by VITALIK BUTERINadded an additional layer of complexity and functionality with its Blockchainallowing the creation of intelligent contracts and decentralized applications. Thus marking the beginning of a New era in the exchange of values through the Internet.
Amid the accelerated boom of cryptocurrencies and innovation, figures such as Eddy Zillan They emerged as representatives of a wave of young people who entered this world and came out victorious. From an early age, the American demonstrated great interest in technology and entrepreneurship, but everything changed, when his 15 years He decided to invest in Bitcoin and Ethereum.
Despite the discontent of his parents, he opted all his savings to the crypto world and became Millionaire at the young age. Took advantage of its success to found a company of consultancy in terms of financial education and offers advice to other interested investors.
Eddy Zillan, the teenager who became a millionaire thanks to the world crypto
Eddy Zillan He is a young entrepreneur and businessman born in Ohio. In 2015, at the young age of 15 yearsthe American decided to start investing in cryptocurrencies. At first, I was doubting to put his money in this incipient market that he had heard for the first time on the now extinct Silk Road website.
Despite being too small to open an account on the change platform Coinbasewhich requires users to be at least 18, ignored the rules of the site and logged in this application, and another called Kraken. There, he bought Ethereum for the modest value of $ 100. This native ether today is considered the second largest digital asset in the market, whose capitalization is around 380,000 million dollars.
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A few hours later, the teenager reviewed his accounts and discovered that he had already earned $ 10. And although it may not seem too much, Zillian, in an interview with the Bussiness Inside, explained that he was frozen: “I thought ‘she, I just got a 10% return in a single day. It is crazy‘”
The next day, he invested $ 1,000. A week, 5,000, and seven days later, another $ 6,000. Thus, as Eddy had put more than $ 12,000all of your savings. This money had achieved it by giving tennis classes, along with a considerable part of gifts for different festivities, as of its Mitzvah bar that occurred a couple of years ago. “I risked everything”he said.
Throughout the first months, the return shot. And in just one year, his investment climbed up to the 350,000 dollars. As his profits increased, that skepticism that, at the beginning, was around Zillian’s mind, vanished.
At first, their parents had contradictory feelings about Eddy’s interest in digital currencies. His mother approved it, and by the Contario, his father, considered him as a risky adventure. At that time, there were few sources that offered advice on how to invest in cryptocurrencies.
“When I invested There were neither youtubers, nor investors, nor anyone who could learn from. There were no books or mentors and it was really difficult to receive formal education in that field, “Zillian said.
This is why, in what almost obsessive way, he began to investigate everything that surrounded the cryptocurrency market, with the few resources available online: he participated in forums and talked with others Investors which I knew through the web. In this way, he entered the world of alternative currencies (known as Altcoins) and Day Trading.
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Like other pioneers of this crypt world, Eddy acknowledges that part of its profits is due to having entered the opportune moment. However, he also explains that making smart investments requires more skill than simply a good timing.
As you think that the vision for business and the understanding of digital currencies is a fundamental step, today it is dedicated to the advice. Throughout his career, he used his social networks to financially educate other young people and interested in the potential of these currencies and how to start investing. Becoming, thus, an influential figure.
Source: Ambito
