Written by Scott Jacobsen on Jan. 10th 2018
WHAT HAPPENS WHEN A 17 YEAR OLD HIGH SCHOOL JUNIOR GETS INVOLVED IN CRYPTOCURRENCY?
A high school student, Trent W., who is only 17-years-old, has won big with a cryptocurrency investment early in life. In 8 months, he had a several-fold increase on investment. What did he invest in?
Trent started on April 15, 2017. By the end of the year (2017)/start of the new year (2018), he increased his starting investment sum by 22 times. He invested $4,445, which came out to about $200,000.
He was investing in BTC and ALT COIN portfolios. His investment coins were NEM, XRP, LTC, BTC, and DOGE.
“I’m 17 and decided to invest my savings into crypto. Started with $4445. My Mom made me do all my own research and choose which coins I wanted to buy,” Trent said, “Invested in 6 cryptos on April 15 2017 and these long term holds have 22x in dollar value since. Pretty happy with my decision!”
- More institutions will get into cryptocurrencies this year, analysts say.
- They expect more regulation and bitcoin’s price to drop, before recovering.
- Stock investors may also get a chance to invest in a digital currency-related IPO.