I guess someone was going to be given that nickname soon enough, but I didn’t expect it to be an 18-year-old kid from Ohio.
Eddy Zillan invested all of his life’s savings in cryptocurrencies when he was 15 years old, and now he is reaping the rewards.
I don’t know what kind of self-respecting 15-year-old has life savings, but I guess financial sense comes early to some.
Anyway Eddy snapped up $100 in cryptocurrency back in the day, and at the time he was really just going on a hunch.
Business Insider reports:
“At the time I invested, there were no YouTubers, there were no investors, there was no one I could learn from,” Zillan said in an interview …”There were no books or mentors, and it was really hard to teach myself a formal education in that field.”
When Zillan checked his accounts a few hours after investing his first $100, he found he’d already made $10. Though it may not sound like much, Zillan says he was floored.
“I thought: ‘Wow, I just made a 10% return in a day. That’s crazy,'” he said.
Kinda like that guy who keeps checking his Luno account every hour, and just has to tell the entire office. You know who you are.
Buoyed by his initial success, Eddy popped another $1 000 in the next day, and a further $11 000 over the next two weeks. The $12 000 total investment was everything he had managed to save from teaching tennis lessons, along with a “tidy nest egg he’d received from gifts and his bar mitzvah a few years earlier”.
He risked it all, and now he’s sitting pretty:
In one short year, Zillan’s initial investment had snowballed. He says his entire cryptocurrency portfolio had tallied a staggering $350,000.
Zillan continued educating himself on cryptocurrencies with the few resources available online. Zillan says his knowledge of the market mostly stems from his conversations with other investors and people who created cryptocurrencies…
Today, Zillan says that his portfolio sits comfortably at over $1 million and that he’s turning his eye to another venture in the cryptocurrency field: advising…
Zillan, who has charged $250 an hour for private cryptocurrency-investing services in the past, says his goal isn’t necessarily to make money from the company, but “to make the crypto community bigger.”
One look at his Instagram account and it’s clear that the now 18-year-old is living large:
As for the ‘Wolf of Crypo Street’ line:
In one photo, Zillan smiles broadly beside a painting of himself in which he’s depicted as the infamous Wall Street mogul Jordan Belfort in a scene from the movie “The Wolf of Wall Street.”
The caption reads: “The wolf of Crypto Street.”
When asked why he’s comparing himself to one of the most notoriously debauched Wall Street traders in recent memory, Zillan describes the images as “a marketing type of deal” that shouldn’t be confused with the efficacy of his company.
“Sure, it’s very flashy. Wolf of Wall Street was shitty penny stocks, but what we do is completely different,” he said. “I just use that for marketing. What’s going to catch your eye? Some words, or a picture of that?”
I want to hate on him, but he has far more in the bank than I do.
To finish, here’s one of his marketing videos from Instagram:
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