How Two Teenagers Became Crypto Trading Prodigies in Just Four Years

TLDRTwo teenagers share their journey of becoming successful crypto traders, earning 55% returns in just 8 months. They discuss their motivation, strategies, and the importance of research in stock market investments. They also highlight the potential of the EV and solar sectors in India. Furthermore, they talk about their entrepreneurial aspirations, with one of them already working on a startup.

Key insights

📈The teenagers achieved a 55% return on their investment portfolio in just 8 months.

💡They emphasize the importance of research and analyzing the macro view while investing in the stock market.

🚗They believe in the potential of the EV sector in India and its impact on the stock market.

💰One of the teenagers is working on a startup and plans to invest in it with the intention of creating wealth.

🎓They value self-education through online resources like YouTube and courses to gain knowledge in trading and investing.

Q&A

Can trading be done alongside a 9 to 5 job?

Yes, trading can be done alongside a 9 to 5 job, but it is also possible to be a full-time trader.

What motivated them to start their investment journey?

One of the teenagers was motivated by the desire to create wealth after experiencing a personal loss, while the other was intrigued by the potential of data science in high-paying jobs.

Are they friends?

Yes, they are friends who share a common interest in trading and investing.

How much money did they initially lose when starting their investment journey?

They lost around 50 lakhs initially, but they consider it a part of the learning process in the stock market.

What is their view on big houses and luxury items?

They believe that material possessions like big houses and luxury items are overrated and not a strong source of motivation.

Timestamped Summary

02:03The teenagers achieved a 55% return on their investment portfolio in just 8 months.

09:36One of the teenagers started their investment journey at the age of 14 and gained confidence within a year.

13:54They emphasize the importance of studying the budget and analyzing the macro view for stock market investments.

17:13One of the teenagers rejected an opportunity to study at Harvard to focus on trading and investing.