- Bitcoin Investor
- $2+ million from bitcoin investments
- Published July 22, 2020 by Niall Doherty
How did Erik make money online?
This 2017 video from BuzzFeed News tells the story:
In short, Erik started investing in bitcoin back in 2011 when he was just 12 years old and bitcoin was worth just $12 per token.
Six years later, the value of bitcoin had increased almost 500x, and 18-year-old Erik was sitting pretty as the owner of 400+ tokens.
The goal of our Online Money Maker profiles is to show you all the different ways people make money online. We strive to ensure that each profile is realistic – no hype, no scams – so you can see what it really takes to build each type of business.
If you'd like to hear when we publish new profiles, subscribe to our free weekly newsletter below. Each edition is packed with tips, insights and opportunities to build your online business. We send it out every Friday to 7,178 legendary subscribers.
How much money did Erik make?
At the time the above video was published each bitcoin token was worth $5698, making the value of Erik’s wallet greater than $2 million.
It’s unclear how much bitcoin Erik has cashed out since.
Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.
With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.
- We treat all income claims we find online with skepticism.
- We don’t report incomes that seem especially controversial or unrealistic.
- We cite our sources and/or share our calculations so you can see where the numbers come from.
- If there are uncertainties about an income claim or estimate, we tell you what those are.
If you see an income claim or estimate that seems off, please tell us so we can fix it.
How did Erik get started?
As per a 2017 feature on CNBC:
Erik used his early windfall to start an online educational company called Botangle, which he later sold for more bitcoin:
What type of online business does Erik have?
It looks like Erik is making money online in a variety of ways.
Other ways to make money online
There are many other ways to make money online, to work from home or anywhere in the world.