Eleven-year-old George Weiksner needed some cash, and his $5.50 weekly allowance wasn't cutting it. So, last August, the sixth-grader invested $200 he'd earned helping out around his family's Old Greenwich, Conn., house in bitcoin.
"I said, 'I'll just throw myself into it,'" says George. "You don't make a lot of money as a kid by doing chores."
Weiksner sold his bitcoins in December - just before the $17,000 price started to crash - and handily tripled his initial investment. He invested the profit, about $500, into ethereum, a rival cryptocurrency.
"Trading [these kind of assets] is the...
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