For Eddy Zillan’s bar mitzvah in 2012, his parents gave him $5,000 to start an investment fund. They expected him to start dabbling in stocks. Instead, he began buying cryptocurrencies like bitcoin and ethereum.
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.
When Eddy Zillan first started trading in cryptocurrencies, he was too young to open an account on the trading platform, Coinbase, which requires its users to be at least 18 years old. But at age 15, Zillan glossed over the site’s terms of the agreement and opened an account on Coinbase and another trading platform called Kraken, cautiously purchasing $100 worth of the cryptocurrency ethereum.
The next day, Zillan put in more cash. This time, it was $1,000.
A week later, he added an additional $5,000, and the week after that, another $6,000.
Before long, Zillan had invested a total of just over $12,000, the entirety of his savings from teaching tennis lessons along with the tidy nest egg he’d received from gifts and his Bar Mitzvah a few years earlier.
Zillan continued educating himself on cryptocurrencies with the few resources available online. Mostly, Zillan says that his knowledge of the market stems from the conversations he’s had with other investors and the people who have created the cryptocurrencies themselves.
Eddy Zillan is the founder and CEO of Cryptocurrency Financial. He has done many things from traveling around the country to teach lower income families to become financially stable, to advising with some of the biggest Fortune 500 companies. Eddy has taught over 800 people about cryptocurrency, and personally mentored over 200. He now has 3 millionaire students and much more on their way.