How Bitcoin Funded My Master’s Degree

It pays to invest in the future

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Image: Cointelegraph

The transition from a confused science geek into an aspiring engineer dreaming of constructing electric vehicles was not smooth.

Although I did manage to do well, it was not good enough to hold onto my entrance scholarship at the University of Toronto. I was feeling guilty in having to ask my parents to fund all the expenses from then onwards because, let’s face it, paying upwards of $33,000 was by no means possible for a college student working a side-job in a call center.

I had more aspirations. A desire to venture into the world of finance- the stock markets, private equity, investment banking, and the likes.

But neither did I have the educational background, nor the extra finances to pursue a higher qualification or a specialized master's at that point. A couple of years rolled by when my friend and I had discovered Bitcoin one fine afternoon.

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Image: Morning Brew at Unsplash

The good thing about being 23 vs 18, is that your parents would at least hear you out!

And so, my eyes were locked onto Imperial College London and their Masters in Finance programs.

The cryptocurrency had managed a dramatic increase from $800 levels to $17,900 by late December 2017.

As I continued to witness the sharp rise of Bitcoin, the South Sea Bubble scenario popped up in my head. People were literally paying a hefty lump sum for a single unit of the cryptocurrency.

Whilst many of us continue to worry about where our next paycheque will come from, it always pays to invest in the future.

Be it Bitcoin, stocks, bonds, real estate, or gold, an investment will reap fruitful rewards to those who are patient enough to hold onto them through their heydays and continue to bolster their knowledge.

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Image: Morning Brew at Unsplash

Written by

An academic & a former investment analyst. Currently a Ph.D. candidate at Aston University. Enjoys writing on a variety of topics to satiate curious minds.

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