How I Stumbled into the World of Cryptocurrency as a Teenager

When I was 15, I signed up for an ASX share trading game as part of the economics class. Each of us got $50,000 of paper-trading money to invest in stocks

At the tender age of 15, I embarked on an ASX share trading game as part of my economics class. Each student was allocated $50,000 in paper-trading funds to invest in stocks, with everyone's ranking visible on a public leaderboard. While I can't recall whether I made or lost money (most likely the latter), the exercise certainly sparked an interest in investing. I was intrigued by the notion of potentially outperforming others by conducting more research, identifying companies poised for growth, and witnessing those gains reflected in my portfolio.

By the end of the competition, I was hooked. I worked almost every day after school at a local butcher, and at this point, I had managed to save up a decent sum of money, which I planned to use towards buying my dream car, a Landcruiser. If I could invest the funds and grow my portfolio, I would be able to afford the car even sooner.

So off I went on a quest to buy some shares for real. However, my journey was short-lived. I quickly discovered that in Australia, you need to be 18 years old to open a share trading account. Further research revealed that I could ask my parents to open a trust, which would allow me to invest in their name until I turned 18, but the idea never got off the ground.

Undeterred, I continued searching for other investment avenues. I considered gold bars, collectible coins, stamps—anything where I could potentially park my savings. That's when I came across mentions of "bitcoin" in an investing forum on Reddit, which led me down a brief rabbit hole to understand what cryptocurrency was all about.

To be honest, at this stage, all I really cared about was investing in something, anything at all. I didn't conduct any serious due diligence on the investment case for bitcoin; I just knew that it looked like it was increasing in value and that I could buy it without being 18, which is what mattered to me at the time.

So, I searched “buy bitcoin now” on Google and clicked the first link. It took me to a site that appeared to be based overseas, detailing the process of making a wire deposit to buy bitcoin.

Full of confidence, I marched into my bank the next day and announced I was sending my entire savings to Poland to buy Bitcoin. Needless to say, the banking assistant didn’t take me seriously.

Unfazed, I eventually found some local Facebook groups of Australians interested in crypto. I connected with one of the more active members in the community and chatted with him on the phone to figure out how to get started. It turned out he lived nearby and said he would be happy to meet in person to explain some concepts and show me how to set up a crypto wallet.

He seemed genuine, so I agreed to meet him for a coffee at McDonalds. I chose a busy, public place because I was wary of meeting someone from the internet and thought that if I was going to break the golden rule, I should at least be smart about it.

To my relief, he turned out to be genuine and very helpful. He showed me how to set up a paper wallet and sent me some bitcoin on the spot. And just like that, I had my first little sliver of bitcoin. It wasn’t much, but to me it was the start of something big.

Little did I know, this was just the beginning of a journey that would consume the next decade of my life.