Sacha (17 years old) - a high school student from Compiegne in the French region of Oise - has been interested since last summer to invest his money in buying digital currencies, and one evening the price of one of these currencies rose, so that this teenager achieved within a few hours a profit of thousands of euros, which is an encouraging start for this investor An enthusiast who aspires to create a private company based on cryptocurrency.

Writer Paul Abran says - in a report published by the French newspaper "le Parisien" - that Sasha, like many young people of his age, is thinking about his future after obtaining a baccalaureate degree.

"Going to business school, dropping out of school, or starting a private company" are among the things a first-year student at Jean-Paul II has in mind.

Currently, Sasha is trying to capitalize on his passion for cryptocurrency.

It all started a few months ago, when Sasha was looking for a quick way to make money.

Initially, he was interested in the stock and stock market and then chose to invest in digital currencies such as Bitcoin.

Sasha said, "I conducted a lot of research before entering this field, and educated myself mainly through social networks such as YouTube, Twitter and Tik Tok, and I followed all the news on the accounts specialized in this field."

"I started investing small amounts in several digital currencies, around 50 euros in each digital currency, from the money I saved from my own money," he added.

Arthur (a friend of Sasha's) recalls, "He spent his days bent over an iPad, and even when we went on vacation for a few days he would stay up all night working on his investments."

"If you don't work at this pace for a few days a week, your chances of success will be lost," says Sasha.

Sasha: I rely on indicators;

Who created the currency, its source, and the number of people who follow it to see if it's a scam or not (Getty Images)

Over the course of months, this young investor spends 8-10 hours a day analyzing the potential of several cryptocurrencies.

"I rely on indicators, who created the currency, its source and the number of people who follow it, to know if it is a fraud or not," he continues, "I buy and guess. One night in November 2021, the value of one of these digital currencies rose."

capital doubling

“I discovered an opportunity in a promising digital currency that could rapidly increase in value. A lot of people talked about it on various social networks and I didn’t want to miss this opportunity,” says Sasha.

And in a move that involves a lot of risk, this young man invested two thousand euros in this digital currency that conducts transactions on American platforms.

"When I woke up the next day, I couldn't believe what had happened," Sasha recalls. "In just a few hours, I had multiplied my wallet 10 times; I had won 20,000 euros."

Recognizing that what happened was “a stroke of luck,” that this kind of opportunity is fleeting, and that cryptocurrencies are highly volatile;

Sasha withdrew his money immediately, and after a few hours the value of that digital currency plummeted.

Despite the risks, this young man relies on the support of his mother, who says, "It's a new economy that I don't understand and it is certainly very promising and therefore young people should try it."

"I would always advise him to balance his investments, keep calm, and accept the fact that he could lose," she adds.