A young Bitcoin millionaire explained how he got rich and what cryptocurrencies he invested in today
How did he get so rich at such a young age?
If you follow Kiarash Hossainpour on Instagram, you’ll have an idea of what life looks like as a wealthy bachelor. The 22-year-old Berliner shares pictures of expensive watches from brands like Audemars Piguet and Richard Mille and drives Lamborghinis, Porsches and Rolls-Royces.
Hossainpour says in an interview that he has always been a ‘little nerd’ about himself. He says he got his first computer when he was ten years old. Hossainpour says his father, who saw him start playing games, said, ‘No, stop playing, learn programming instead.
Hossainpour, whom we have covered in the news of Kriptokoin.com before, started programming after school and met WordPress, a software that allows you to create websites. He began creating websites for players from forums for money. It took an average of 30 euros for a website. Hossainpour then received Bitcoin instead of being paid in euros. This was about eight years ago, when the cryptocurrency still cost $14. In context, the same Bitcoin is worth more than $48,000 today. Getting paid with Bitcoin was Hossainpour’s first encounter with the crypto world, and the sequel has come.
Preferences: Bitcoin and Ethereum in abundance, alongside SOL and LUNA
Hossainpour currently has two jobs. He runs ‘Hoss’, a new YouTube channel about the crypto world, and invests with two friends in various cryptocurrencies in the form of a private equity fund. They just use their own resources. He says he is aware that Bitcoin is extremely volatile, but is not afraid of it and does not see it as a reason against investing.
Hossainpour does not invest in stocks or ETFs, he only invests in cryptocurrencies. “A lot of people think or expect that someone with so many in the market knows the craziest cryptocurrencies and invests in really rare cryptocurrencies and has hidden clues,” Hossainpour says.
Hossainpour said, “But that’s not the case. Most small, exaggerated cryptocurrencies will fall to zero.” He owns ‘many and many’ Bitcoin and ‘many and many’ Ethereum. He also invests some of his money in two smaller cryptocurrencies, Solana (SOL) and Terra (LUNA).
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