I Tried Making Money With Crypto Alt Coins
Published on: November 26 2022 by Jordan Welch
I Tried Making Money With Crypto Alt Coins
Table of Contents
I Tried Making Money With Crypto Alt Coins
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00:00:01 | 00:00:05 | i have officially reached my breaking |
00:00:03 | 00:00:07 | point every single day i see a new |
00:00:05 | 00:00:09 | person making crazy profits on the most |
00:00:07 | 00:00:12 | ridiculous crypto meme coins and i'm |
00:00:09 | 00:00:13 | tired of sitting on the sidelines so in |
00:00:12 | 00:00:15 | this video i'm going to open up a new |
00:00:13 | 00:00:16 | trading account with a couple thousand |
00:00:15 | 00:00:19 | dollars and spend the next two days |
00:00:16 | 00:00:21 | trading the most high-risk degenerate |
00:00:19 | 00:00:22 | meme coins i can find with every single |
00:00:21 | 00:00:24 | investment i'm gonna keep increasing the |
00:00:22 | 00:00:26 | risk by finding higher risk coins and |
00:00:24 | 00:00:28 | putting up more money as we go and at |
00:00:26 | 00:00:30 | the very end of the video i'm gonna take |
00:00:28 | 00:00:32 | all the money we made and gamble it on |
00:00:30 | 00:00:35 | one coin so let's put some money in this |
00:00:32 | 00:00:37 | account and try to go to the moon |
00:00:35 | 00:00:39 | so without a doubt this is the worst way |
00:00:37 | 00:00:40 | to invest in cryptokurrency essentially |
00:00:39 | 00:00:42 | you're just gambling your money on |
00:00:40 | 00:00:44 | projects that you think have potential |
00:00:42 | 00:00:46 | to go up so you can sell for a profit |
00:00:44 | 00:00:48 | but the upside can be pretty crazy if a |
00:00:46 | 00:00:49 | project takes off let me break down the |
00:00:48 | 00:00:51 | coins that i picked and try to |
00:00:49 | 00:00:53 | rationalize why this makes any sense at |
00:00:51 | 00:00:55 | all it really doesn't now we've all |
00:00:53 | 00:00:57 | heard the hype around shiba inu but i |
00:00:55 | 00:00:59 | think i found the next best thing |
00:00:57 | 00:01:01 | shiboki baby i don't even know if i said |
00:00:59 | 00:01:04 | that right literally as i'm trying to |
00:01:01 | 00:01:07 | load this account up with 2500 this |
00:01:04 | 00:01:09 | thing is popping off so this is when i |
00:01:07 | 00:01:11 | first started recording around 12 p.m |
00:01:09 | 00:01:12 | and look since then it's already gone up |
00:01:11 | 00:01:14 | like around 10 |
00:01:12 | 00:01:15 | i'm just waiting to get these funds in |
00:01:14 | 00:01:17 | my wallet so i can buy in on this |
00:01:15 | 00:01:19 | hopefully it's not too late i finally |
00:01:17 | 00:01:20 | got a little bit of money into this |
00:01:19 | 00:01:22 | wallet and i was able to make the first |
00:01:20 | 00:01:23 | investment i'm still waiting for the |
00:01:22 | 00:01:26 | rest of the money to come through but i |
00:01:23 | 00:01:27 | had around 440 dollars that i used to |
00:01:26 | 00:01:30 | buy shiboki and since i bought it about |
00:01:27 | 00:01:32 | an hour ago it's already up to almost 10 |
00:01:30 | 00:01:35 | in games my game plan here is to keep it |
00:01:32 | 00:01:37 | until it's at point zero zero zero zero |
00:01:35 | 00:01:39 | one two five which i think will be |
00:01:37 | 00:01:40 | around a ten percent gain i'm horrible |
00:01:39 | 00:01:41 | at math so any numbers you hear me |
00:01:40 | 00:01:43 | throughout in this video are probably |
00:01:41 | 00:01:44 | terribly wrong but once we're at that |
00:01:43 | 00:01:46 | level i'm gonna sell and take some |
00:01:44 | 00:01:48 | profits because i think this thing is |
00:01:46 | 00:01:49 | probably gonna crash later literally |
00:01:48 | 00:01:52 | five minutes after i stopped recording |
00:01:49 | 00:01:54 | it blew way past that goal and now is |
00:01:52 | 00:01:58 | about to hit over 500 in this wallet |
00:01:54 | 00:02:00 | which if you look right here is a 13 |
00:01:58 | 00:02:01 | gain which is even higher than i was |
00:02:00 | 00:02:03 | going for it's really tempting to hold |
00:02:01 | 00:02:05 | on to this and see where it can go but i |
00:02:03 | 00:02:07 | gotta stik to my strategy let's take |
00:02:05 | 00:02:08 | the profits out and try to sell this |
00:02:07 | 00:02:11 | thing so in total what i had in that |
00:02:08 | 00:02:13 | wallet was around 440 i transferred that |
00:02:11 | 00:02:15 | over made the trade that i just showed |
00:02:13 | 00:02:17 | you guys and this is the profit that i'm |
00:02:15 | 00:02:18 | left with on trade number one after all |
00:02:17 | 00:02:20 | the fees and everything this is how much |
00:02:18 | 00:02:24 | is available in my account which |
00:02:20 | 00:02:27 | translates to exactly 500 us dollars |
00:02:24 | 00:02:29 | which gives me around a 55 profit on |
00:02:27 | 00:02:30 | trade one now this has me wanting to be |
00:02:29 | 00:02:31 | a little bit more greedy so i'm gonna |
00:02:30 | 00:02:33 | wait until the rest of the money goes |
00:02:31 | 00:02:34 | through and i'm gonna be a little more |
00:02:33 | 00:02:36 | aggressive on the next two trades of the |
00:02:34 | 00:02:38 | day |
00:02:36 | 00:02:40 | i have some bad news i was waiting all |
00:02:38 | 00:02:41 | night for the funds to go into the new |
00:02:40 | 00:02:43 | wallet and they never went through so |
00:02:41 | 00:02:45 | now it's day two and i've still only |
00:02:43 | 00:02:47 | made one trade which means today we have |
00:02:45 | 00:02:49 | to go crazy i finally got my account |
00:02:47 | 00:02:50 | loaded up with around three thousand |
00:02:49 | 00:02:52 | dollars and i'm gonna make some crazy |
00:02:50 | 00:02:55 | bets today yesterday i played it pretty |
00:02:52 | 00:02:57 | safe and it paid off for me but today i |
00:02:55 | 00:02:58 | got time let's see what happens the |
00:02:57 | 00:03:00 | first play of the day is gonna be |
00:02:58 | 00:03:02 | another 500 investment i just seen a |
00:03:00 | 00:03:03 | bunch of people toking about it and |
00:03:02 | 00:03:05 | even graham stefan made a video on it |
00:03:03 | 00:03:08 | yesterday the coin that i'm toking |
00:03:05 | 00:03:10 | about is floki enu and if you look at it |
00:03:08 | 00:03:12 | over the last seven days it's kind of |
00:03:10 | 00:03:14 | like spiked but then started to dip a |
00:03:12 | 00:03:16 | little bit so i think now would be a |
00:03:14 | 00:03:18 | pretty good time to get into it kind of |
00:03:16 | 00:03:20 | buying it as it's falling and hope that |
00:03:18 | 00:03:22 | by the end of the day it bounces back a |
00:03:20 | 00:03:23 | little bit the next two investments are |
00:03:22 | 00:03:26 | going to be way riskier but for now |
00:03:23 | 00:03:28 | let's do this one |
00:03:26 | 00:03:30 | you've got mail my next investment might |
00:03:28 | 00:03:32 | be one of the dumbest ideas i've ever |
00:03:30 | 00:03:34 | had but hear me out for a second |
00:03:32 | 00:03:35 | if you go on coin market cap which is |
00:03:34 | 00:03:37 | the leader board for all the |
00:03:35 | 00:03:41 | cryptokurrencies right now the top |
00:03:37 | 00:03:42 | gainer for the day is another dog coin |
00:03:41 | 00:03:44 | called chihuahua i i don't even |
00:03:42 | 00:03:46 | understand this is like the dumbest |
00:03:44 | 00:03:49 | thing i've ever seen in my entire life |
00:03:46 | 00:03:52 | but there is real money to be made in |
00:03:49 | 00:03:54 | this industry i think it's not a bad |
00:03:52 | 00:03:56 | idea to invest a thousand dollars into |
00:03:54 | 00:03:58 | this chihuahua coin as i said that it |
00:03:56 | 00:04:00 | actually does sound like a pretty |
00:03:58 | 00:04:02 | horrible idea but you know what in the |
00:04:00 | 00:04:04 | spirit of entertainment we're gonna do |
00:04:02 | 00:04:06 | it and i'm gonna put a thousand dollars |
00:04:04 | 00:04:09 | into this coin what a weird world we |
00:04:06 | 00:04:11 | live in right now a thousand dollars of |
00:04:09 | 00:04:12 | chihuahua |
00:04:11 | 00:04:14 | for the same price i probably could have |
00:04:12 | 00:04:17 | bought a real chihuahua and been a lot |
00:04:14 | 00:04:18 | less stressed just 10 minutes after |
00:04:17 | 00:04:21 | getting this into my mobile wallet we're |
00:04:18 | 00:04:23 | already down over 200 |
00:04:21 | 00:04:25 | now i can just sit here and spam refresh |
00:04:23 | 00:04:27 | all day to give myself a panic attack |
00:04:25 | 00:04:28 | but i'm not gonna do that the goal is to |
00:04:27 | 00:04:30 | get these two investments over two |
00:04:28 | 00:04:31 | thousand dollars so i can make five |
00:04:30 | 00:04:33 | hundred dollars profit which would be |
00:04:31 | 00:04:35 | ten times higher than the profit i made |
00:04:33 | 00:04:37 | yesterday but on the flip side if this |
00:04:35 | 00:04:39 | wallet dips below a thousand dollars i'm |
00:04:37 | 00:04:40 | just gonna sell everything i've been |
00:04:39 | 00:04:42 | staring at these screens all day so i |
00:04:40 | 00:04:43 | need to take a short break but i'll |
00:04:42 | 00:04:46 | update you guys shortly on the progress |
00:04:43 | 00:04:49 | and then i'm going to put 1500 on the |
00:04:46 | 00:04:53 | absolute most degenerate coin i can find |
00:04:49 | 00:04:53 | for our last investment of the day |
00:04:54 | 00:04:59 | hey listen man listen |
00:04:57 | 00:05:01 | we are up right now this wallet just |
00:04:59 | 00:05:02 | passed seventeen hundred dollars we are |
00:05:01 | 00:05:04 | getting super close to the goal |
00:05:02 | 00:05:06 | whatever's happening with this chihuahua |
00:05:04 | 00:05:08 | coin i love it this thing is popping off |
00:05:06 | 00:05:11 | right now in the last hour it's gone up |
00:05:08 | 00:05:13 | 32 as for the other coin it's not really |
00:05:11 | 00:05:14 | doing that well but we are up right now |
00:05:13 | 00:05:16 | and i really think we can get to the |
00:05:14 | 00:05:20 | goal this is crazy it literally just |
00:05:16 | 00:05:24 | jumped again look at it right now |
00:05:20 | 00:05:24 | oh i i i don't even know |
00:05:30 | 00:05:34 | this is the most down bad i've ever been |
00:05:32 | 00:05:36 | in my life i went out for lunch thinking |
00:05:34 | 00:05:39 | it was sweet and i come back and my |
00:05:36 | 00:05:41 | wallet has literally dropped to 900. it |
00:05:39 | 00:05:43 | was at 1700 when i left i thought we was |
00:05:41 | 00:05:45 | up i know i said if it did below a |
00:05:43 | 00:05:46 | thousand i was gonna sell but listen i |
00:05:45 | 00:05:48 | cannot go out like this so i'm gonna |
00:05:46 | 00:05:50 | hold on for a little bit longer and pray |
00:05:48 | 00:05:52 | that this thing bounces back |
00:05:50 | 00:05:54 | and with a quick refresh it's back to |
00:05:52 | 00:05:56 | 1200. |
00:05:56 | 00:06:00 | this is the most stressful way to make |
00:05:58 | 00:06:01 | money why would anybody ever want to do |
00:06:00 | 00:06:02 | this |
00:06:01 | 00:06:04 | i tried to step out for a little bit to |
00:06:02 | 00:06:06 | get a workout in i worked out for like |
00:06:04 | 00:06:08 | 10 minutes and i checked my portfolio |
00:06:06 | 00:06:10 | and it's literally like falling to the |
00:06:08 | 00:06:12 | floor so i'm gonna rush home now and |
00:06:10 | 00:06:14 | sell what i have because i think people |
00:06:12 | 00:06:15 | are dumping that whole chihuahua thing |
00:06:14 | 00:06:18 | completely and i'm not trying to lose my |
00:06:15 | 00:06:20 | full bag so leaving the gym going to |
00:06:18 | 00:06:24 | sell so i just sold all my chihuahua |
00:06:20 | 00:06:28 | coin for 630 us dollars which gives me a |
00:06:24 | 00:06:30 | 370 loss on trade number two all right i |
00:06:28 | 00:06:32 | am done playing around it's time to go |
00:06:30 | 00:06:34 | big it's 10 p.m i've been researching |
00:06:32 | 00:06:36 | all day and i found the coin that we're |
00:06:34 | 00:06:38 | going all in on you can't find this coin |
00:06:36 | 00:06:41 | anywhere else except for |
00:06:38 | 00:06:43 | poo coin dot app the most trustworthy |
00:06:41 | 00:06:44 | website in the world based on all the |
00:06:43 | 00:06:48 | research i've done i actually think this |
00:06:44 | 00:06:50 | is gonna pop off |
00:06:48 | 00:06:52 | you can't find it anywhere right now but |
00:06:50 | 00:06:53 | tomorrow it's gonna go live on the major |
00:06:52 | 00:06:54 | platforms and people are gonna be |
00:06:53 | 00:06:56 | promoting it heavily i'm gonna put all |
00:06:54 | 00:06:58 | this money into it go to bed and see |
00:06:56 | 00:07:00 | what happens tomorrow morning the coin |
00:06:58 | 00:07:03 | is called dinger and right now i need a |
00:07:00 | 00:07:06 | grand slam so we're putting 2.9 bmv |
00:07:03 | 00:07:09 | which is around 650 |
00:07:06 | 00:07:11 | all in on baby dinger what has my life |
00:07:09 | 00:07:12 | come to it's the next morning and i'm |
00:07:11 | 00:07:14 | pretty much ready to be done with this |
00:07:12 | 00:07:16 | challenge now before i sell everything |
00:07:14 | 00:07:18 | and tell you guys the total profits you |
00:07:16 | 00:07:20 | need to hear this this is not how i |
00:07:18 | 00:07:21 | invest my money in crypto at all there |
00:07:20 | 00:07:23 | is a ton of money to be made in |
00:07:21 | 00:07:25 | cryptokurrency but doing it this way is |
00:07:23 | 00:07:27 | incredibly stupid and you will lose a |
00:07:25 | 00:07:29 | lot of money in the process instead of |
00:07:27 | 00:07:31 | buying into these stupid trending meme |
00:07:29 | 00:07:32 | coins look for projects and teams that |
00:07:31 | 00:07:34 | are building stuff that's going to be |
00:07:32 | 00:07:36 | around for years to come from investing |
00:07:34 | 00:07:37 | my money like this i've been able to |
00:07:36 | 00:07:39 | make tens of thousands of dollars in |
00:07:37 | 00:07:42 | profit this year alone i'm no crypto |
00:07:39 | 00:07:44 | expert by any means but seriously this |
00:07:42 | 00:07:46 | is not the way to invest your money but |
00:07:44 | 00:07:48 | for now let's see how i did so did i end |
00:07:46 | 00:07:53 | up making any money let's see we took a |
00:07:48 | 00:07:55 | 55 profit on shiboki we took a 370 loss |
00:07:53 | 00:07:59 | on chihuahua i just ended up selling the |
00:07:55 | 00:08:02 | floki for a 45 loss and for our last and |
00:07:59 | 00:08:04 | final bet on the dinger coin we lost |
00:08:02 | 00:08:07 | 128 |
00:08:04 | 00:08:10 | bringing the grand total to a 488 dollar |
00:08:07 | 00:08:11 | loss well am i surprised not really but |
00:08:10 | 00:08:13 | listen to recoup my losses i actually |
00:08:11 | 00:08:14 | have a great idea i'm going to be coming |
00:08:13 | 00:08:16 | out with my own coin it's going to be |
00:08:14 | 00:08:18 | called banana coin and to get access to |
00:08:16 | 00:08:20 | it all you guys need to do is click the |
00:08:18 | 00:08:22 | subscribe check the score this is just |
00:08:20 | 00:08:24 | better check your ball who get a world |
00:08:22 | 00:08:28 | more fire but got less reward no stress |
00:08:24 | 00:08:28 | my only guess is more |