Testing RISKY TikTok Side Hustles | BEST and WORST
Published on: December 8 2022 by Financial Wolf
Testing RISKY TikTok Side Hustles | BEST and WORST
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Table of Contents About Testing RISKY TikTok Side Hustles | BEST and WORST
Testing RISKY TikTok Side Hustles | BEST and WORST
startTime | durationTime | text |
00:00:00 | 00:00:03 | today we are going to browse through |
00:00:01 | 00:00:05 | some of tiktok's riskiest side |
00:00:03 | 00:00:07 | hustles and then i'm gonna try them out |
00:00:05 | 00:00:09 | to see if we make money or not all right |
00:00:07 | 00:00:11 | so first things first i found a tik |
00:00:09 | 00:00:14 | tok video about how to make money with |
00:00:11 | 00:00:15 | nfts i'm honestly pretty excited to try |
00:00:14 | 00:00:17 | this one out since i've heard a lot of |
00:00:15 | 00:00:20 | hype about it recently |
00:00:17 | 00:00:22 | holy smokes i got my money out |
00:00:20 | 00:00:24 | counting all these pants took me a while |
00:00:22 | 00:00:26 | just to damn run it up i'm gonna be |
00:00:24 | 00:00:28 | honest i don't understand nfts |
00:00:26 | 00:00:31 | whatsoever why in the world would |
00:00:28 | 00:00:33 | someone pay 55 000 for a picture of a |
00:00:31 | 00:00:35 | monkey that i could just screenshot the |
00:00:33 | 00:00:38 | only argument i've seen people give |
00:00:35 | 00:00:40 | that's kind of valid is nfts are seen as |
00:00:38 | 00:00:41 | fine arts so just as someone would pay |
00:00:40 | 00:00:43 | millions of dollars for a painting by |
00:00:41 | 00:00:46 | picasso someone would pay a lot of money |
00:00:43 | 00:00:48 | for a limited edition nft it's still |
00:00:46 | 00:00:50 | hard for me to understand that argument |
00:00:48 | 00:00:51 | since as you guys can tell from my |
00:00:50 | 00:00:54 | background i'm someone who buys my |
00:00:51 | 00:00:56 | artwork from amazon.com nonetheless even |
00:00:54 | 00:00:58 | though i don't understand this whole nft |
00:00:56 | 00:01:00 | thing right now i definitely think it |
00:00:58 | 00:01:02 | could be huge in the future and i don't |
00:01:00 | 00:01:04 | want to be one of those people who hears |
00:01:02 | 00:01:06 | about nfts and then years down the road |
00:01:04 | 00:01:08 | i realized i could have made millions so |
00:01:06 | 00:01:10 | to me this nft journey is amazing the |
00:01:08 | 00:01:13 | community is amazing i haven't felt like |
00:01:10 | 00:01:15 | this since web 2.0 2005 it's just so |
00:01:13 | 00:01:16 | obvious to me and so non-fungible tokens |
00:01:15 | 00:01:17 | are going to be a big part of all of |
00:01:16 | 00:01:19 | your lives i think you should get |
00:01:17 | 00:01:22 | educated it's a really good idea to |
00:01:19 | 00:01:23 | spend the 10 15 20 hours to go down |
00:01:22 | 00:01:25 | those rabbit holes on youtube or google |
00:01:23 | 00:01:27 | depending on how you learn better audio |
00:01:25 | 00:01:28 | video written word and i'm really |
00:01:27 | 00:01:31 | excited about i'm going to really go at |
00:01:28 | 00:01:33 | it and i'm going to buy a bunch and i'm |
00:01:31 | 00:01:34 | going to trade a bunch and sell a bunch |
00:01:33 | 00:01:37 | and really get deep into this community |
00:01:34 | 00:01:40 | and so i'm excited holy smokers guys |
00:01:37 | 00:01:42 | even gary vee of all people is big time |
00:01:40 | 00:01:44 | on the nft train he's someone who's |
00:01:42 | 00:01:46 | opinion i really respect you know since |
00:01:44 | 00:01:48 | he's an early investor and like twitter |
00:01:46 | 00:01:50 | facebook and a bunch of other big tik |
00:01:48 | 00:01:54 | companies with the exception of uber |
00:01:50 | 00:01:58 | that 25 000 investment is probably worth |
00:01:54 | 00:02:00 | between 75 and 200 million dollars what |
00:01:58 | 00:02:02 | we are going to do next is take my boy |
00:02:00 | 00:02:04 | garyvee's advice spend some time looking |
00:02:02 | 00:02:06 | into different nft projects and then in |
00:02:04 | 00:02:09 | about one or two hours i'm gonna spend |
00:02:06 | 00:02:11 | my first 1 000 on nfts |
00:02:11 | 00:02:14 | okay guys i'm going to be honest i |
00:02:12 | 00:02:16 | really didn't do that much research |
00:02:14 | 00:02:18 | about nfts in general i just spent some |
00:02:16 | 00:02:20 | time scrolling through tiktok when |
00:02:18 | 00:02:22 | suddenly i came across a very |
00:02:20 | 00:02:24 | interesting video from a guy who toks |
00:02:22 | 00:02:27 | about nfts to buy now i'm going to show |
00:02:24 | 00:02:29 | you the best cheap nfts to hop on before |
00:02:27 | 00:02:31 | they explode first up is pixel dodgers |
00:02:29 | 00:02:33 | pixel dodgers have a strong community |
00:02:31 | 00:02:36 | with nice and simple artwork the |
00:02:33 | 00:02:39 | cheapest one you can get into is 0.05 e |
00:02:36 | 00:02:41 | next up is secret society of wales these |
00:02:39 | 00:02:43 | whales have some of my favorite artwork |
00:02:41 | 00:02:46 | and a very strong community the floor |
00:02:43 | 00:02:48 | price is 260 dollars and it's only to |
00:02:46 | 00:02:50 | the moon for them next one is crypto |
00:02:48 | 00:02:52 | trunks they showcase all different types |
00:02:50 | 00:02:54 | of artworks for trees i don't know what |
00:02:52 | 00:02:56 | it is about this guy but for some reason |
00:02:54 | 00:02:58 | he seems super trustworthy so i'm gonna |
00:02:56 | 00:03:00 | go ahead and invest a thousand dollars |
00:02:58 | 00:03:02 | into two of the three projects he |
00:03:00 | 00:03:04 | mentioned with the exception of the |
00:03:02 | 00:03:06 | crypto trunks i don't know what it is |
00:03:04 | 00:03:07 | about that project i guess it's the fact |
00:03:06 | 00:03:09 | that i have to pay a hundred fifty |
00:03:07 | 00:03:11 | dollars for a picture of a tree that's |
00:03:09 | 00:03:13 | where i draw the line i am currently |
00:03:11 | 00:03:15 | sitting on the exact same website the |
00:03:13 | 00:03:18 | guy in the tiktok video was using |
00:03:15 | 00:03:19 | called openc.io and starting things off |
00:03:18 | 00:03:21 | i think i'm gonna go the heaviest in the |
00:03:19 | 00:03:23 | whale project since that was definitely |
00:03:21 | 00:03:25 | my favorite of all of them he mentioned |
00:03:23 | 00:03:29 | and the nft i'm looking at in partikular |
00:03:25 | 00:03:31 | cost 356.51 |
00:03:29 | 00:03:33 | again i know absolutely nothing about |
00:03:31 | 00:03:34 | nfts but i feel like this picture looks |
00:03:33 | 00:03:37 | pretty unique and it could be worth a |
00:03:34 | 00:03:39 | lot of money someday so let's buy it bro |
00:03:37 | 00:03:42 | are you kidding me the fees for buying |
00:03:39 | 00:03:44 | this nft literally adds another 25 to |
00:03:42 | 00:03:46 | the purchase price it adds like another |
00:03:44 | 00:03:49 | 100 something dollars and now the total |
00:03:46 | 00:03:51 | cost for the nft comes out to 483 |
00:03:49 | 00:03:53 | dollars and 75 cents that's a lot of |
00:03:51 | 00:03:55 | money for a picture of a whale next up i |
00:03:53 | 00:03:59 | decided i am going to buy this pixel |
00:03:55 | 00:04:01 | doge right here for 316.90 |
00:03:59 | 00:04:03 | obviously that's before the super |
00:04:01 | 00:04:06 | expensive quote-unquote gas fee so after |
00:04:03 | 00:04:09 | that we're looking at 413 for the pixel |
00:04:06 | 00:04:11 | doge over the last 10 minutes i just |
00:04:09 | 00:04:15 | spent exactly |
00:04:11 | 00:04:17 | 896.86 on nfts no sponsors on this video |
00:04:15 | 00:04:18 | or anything so hopefully this investment |
00:04:17 | 00:04:21 | pays off i'm gonna check in with you |
00:04:18 | 00:04:23 | guys in about one week with how much my |
00:04:21 | 00:04:25 | nfts are worth but for now let's try |
00:04:23 | 00:04:28 | some more risky tiktok side hustles |
00:04:25 | 00:04:30 | that hopefully don't make me go broke |
00:04:28 | 00:04:32 | so hear me out guys it sounds kind of |
00:04:30 | 00:04:35 | crazy but apparently there's people on |
00:04:32 | 00:04:37 | tiktok now that just flex super nice |
00:04:35 | 00:04:39 | cars and say gambling's a legitimate |
00:04:37 | 00:04:43 | business model how i got my dream |
00:04:39 | 00:04:43 | supercar at 18. |
00:04:48 | 00:04:51 | [Applause] |
00:04:52 | 00:04:56 | i honestly don't know what to say right |
00:04:55 | 00:04:58 | now part of me wants to say that he |
00:04:56 | 00:05:00 | shouldn't post a video like that because |
00:04:58 | 00:05:01 | then people are gonna go to the casino |
00:05:00 | 00:05:03 | and lose all their money but on the |
00:05:01 | 00:05:05 | other hand if he's not lying and he |
00:05:03 | 00:05:06 | actually makes a bunch of money gambling |
00:05:05 | 00:05:09 | then he probably has some sort of proven |
00:05:06 | 00:05:10 | strategy he can teach other people i've |
00:05:09 | 00:05:12 | had my fair share of encounters with |
00:05:10 | 00:05:14 | gambling in the past on this youtube |
00:05:12 | 00:05:16 | channel and i decided to completely stop |
00:05:14 | 00:05:18 | posting about it recently or even |
00:05:16 | 00:05:21 | gambling in general because we all know |
00:05:18 | 00:05:23 | long term the house always wins i just |
00:05:21 | 00:05:24 | found a video on the gambling experts |
00:05:23 | 00:05:28 | youtube channel that seems kind of |
00:05:24 | 00:05:30 | interesting it's titled 1 000 all in |
00:05:28 | 00:05:32 | minds challenge parentheses profit let's |
00:05:30 | 00:05:34 | go ahead and watch it but okay on to the |
00:05:32 | 00:05:36 | challenge we're gonna do one mine a |
00:05:34 | 00:05:38 | thousand dollars right but then once we |
00:05:36 | 00:05:39 | do a couple clicks and if we don't rip |
00:05:38 | 00:05:41 | we end up cashing it and then i play |
00:05:39 | 00:05:44 | with the profit and try and build up |
00:05:41 | 00:05:47 | with the profit okay i'm just gonna |
00:05:44 | 00:05:50 | okay just like that we have 300 profit |
00:05:47 | 00:05:52 | bro going all in is not a gambling |
00:05:50 | 00:05:53 | strategy in fact i think that's like a |
00:05:52 | 00:05:56 | rule you should not do and if you're |
00:05:53 | 00:05:58 | saying you're a gambling expert don't go |
00:05:56 | 00:06:00 | all in dude nonetheless though guys |
00:05:58 | 00:06:02 | again for the purpose of this video only |
00:06:00 | 00:06:04 | we're gonna go to the same gambling |
00:06:02 | 00:06:06 | website as this dude's on i set up my |
00:06:04 | 00:06:09 | vpn so i'm able to use it and now we're |
00:06:06 | 00:06:11 | gonna gamble with 500 bucks i swear guys |
00:06:09 | 00:06:13 | if i lose this 500 right here i might |
00:06:11 | 00:06:15 | actually break my computer but let's |
00:06:13 | 00:06:18 | think happy thoughts and try to win this |
00:06:15 | 00:06:20 | money oh no it's starting okay we're up |
00:06:18 | 00:06:22 | 15. |
00:06:20 | 00:06:25 | oh my god i don't know how much longer i |
00:06:22 | 00:06:25 | can go |
00:06:25 | 00:06:30 | okay we're up 63 one more one more i'm |
00:06:28 | 00:06:32 | not doing any more than that right here |
00:06:30 | 00:06:34 | right here i don't care 91 profit cash |
00:06:32 | 00:06:36 | out we're done we just made some money |
00:06:34 | 00:06:38 | now i think we're gonna play with the |
00:06:36 | 00:06:41 | profit all right guys i'm going in with |
00:06:38 | 00:06:43 | a little more than the profit at |
00:06:41 | 00:06:46 | 128.67 we're gonna try and turn this |
00:06:43 | 00:06:46 | into 150. |
00:06:46 | 00:06:52 | one more one more |
00:06:49 | 00:06:54 | done 30 profit right there baby let's |
00:06:52 | 00:06:55 | get it call me a if you want but |
00:06:54 | 00:06:58 | i'm completely done gambling since we |
00:06:55 | 00:07:01 | just made like 120 profit and i don't |
00:06:58 | 00:07:02 | want to test my luck actually guys just |
00:07:01 | 00:07:05 | kidding the gambling addiction fully |
00:07:02 | 00:07:08 | took over because as you can see we just |
00:07:05 | 00:07:10 | spent 500 on a single game of blackjack |
00:07:08 | 00:07:12 | definitely a stupid idea but hey if we |
00:07:10 | 00:07:15 | win i'll look like a genius we just got |
00:07:12 | 00:07:18 | a total of 15 i believe so let's go |
00:07:15 | 00:07:20 | ahead and hit 19 let's stand oh we just |
00:07:18 | 00:07:23 | took the dub let's go even though i |
00:07:20 | 00:07:26 | somehow just made 630 profit gambling |
00:07:23 | 00:07:28 | i'm still going to say definitely don't |
00:07:26 | 00:07:29 | ever gamble it's not a legitimate way to |
00:07:28 | 00:07:31 | make money because i just looked at this |
00:07:29 | 00:07:33 | youtube dude's channel and based on his |
00:07:31 | 00:07:35 | videos it looks like he still takes some |
00:07:33 | 00:07:38 | pretty huge losses he made a video |
00:07:35 | 00:07:40 | titled twenty thousand dollar blackjack |
00:07:38 | 00:07:42 | session and in that video he literally |
00:07:40 | 00:07:44 | turned seven thousand dollars into zero |
00:07:42 | 00:07:46 | i don't know about you guys but at least |
00:07:44 | 00:07:49 | for me if i lost that level of money |
00:07:46 | 00:07:49 | gambling i would probably check myself |
00:07:49 | 00:07:51 | into rehab |
00:07:51 | 00:07:55 | day trading is another one of those side |
00:07:53 | 00:07:57 | hustles where you need to have a really |
00:07:55 | 00:07:58 | high risk tolerance to be successful i |
00:07:57 | 00:08:00 | think there's a statistik out there that |
00:07:58 | 00:08:02 | like 90 percent of day traders lose |
00:08:00 | 00:08:04 | money so that can give you an idea of |
00:08:02 | 00:08:06 | how hard it is to make money with this |
00:08:04 | 00:08:08 | for those of you who watched my last |
00:08:06 | 00:08:10 | testing tiktok side hustles video |
00:08:08 | 00:08:14 | you'd remember this guy right here |
00:08:10 | 00:08:15 | to 5k per day trading stok vibe nr8 at |
00:08:14 | 00:08:18 | 19 |
00:08:15 | 00:08:20 | link in bio to world so the complaint i |
00:08:18 | 00:08:22 | had about this guy in the last video i |
00:08:20 | 00:08:24 | made about him is all he does is flex |
00:08:22 | 00:08:26 | lifestyle to sell a course which |
00:08:24 | 00:08:27 | probably makes him a lot more money than |
00:08:26 | 00:08:29 | he actually makes day trading there's |
00:08:27 | 00:08:31 | nothing wrong with that in my opinion at |
00:08:29 | 00:08:33 | least since as long as he's providing |
00:08:31 | 00:08:36 | people good information that's all that |
00:08:33 | 00:08:37 | matters i bought into his 150 course a |
00:08:36 | 00:08:39 | couple weeks ago to test it out |
00:08:37 | 00:08:41 | unfortunately i haven't gotten a chance |
00:08:39 | 00:08:43 | to yet but that's what we're gonna do in |
00:08:41 | 00:08:45 | this video the goal is to follow a solid |
00:08:43 | 00:08:47 | two maybe three trades from the daily |
00:08:45 | 00:08:49 | trader and then i'm gonna give you guys |
00:08:47 | 00:08:51 | a review on if his service is worth it |
00:08:49 | 00:08:53 | or not |
00:08:51 | 00:08:56 | good morning guys as you can see on the |
00:08:53 | 00:08:59 | screen i'm about to buy some 74.50 |
00:08:56 | 00:09:01 | calls on snapchat i honestly have no |
00:08:59 | 00:09:03 | idea what to expect but we're gonna go |
00:09:01 | 00:09:05 | in right now with 482 |
00:09:03 | 00:09:08 | in cash and hopefully we make money to |
00:09:05 | 00:09:10 | my surprise one hour after making this |
00:09:08 | 00:09:12 | trade i was up a solid 48 bucks so i |
00:09:10 | 00:09:15 | decided to not test my luck and exit the |
00:09:12 | 00:09:17 | position with the bank after that trade |
00:09:15 | 00:09:19 | i followed up with another one on monday |
00:09:17 | 00:09:22 | where i bought into some 745 dollar |
00:09:19 | 00:09:26 | tesla put options i ended up selling |
00:09:22 | 00:09:27 | those put options the same day for 67.50 |
00:09:26 | 00:09:29 | profit which brings our total day |
00:09:27 | 00:09:32 | trading profits for this challenge to |
00:09:29 | 00:09:35 | 115 bucks so far i'd honestly give this |
00:09:32 | 00:09:37 | discord chat a solid 7 out of 10 stars |
00:09:35 | 00:09:40 | the trades are super easy to follow and |
00:09:37 | 00:09:42 | also for 150 the discord chat isn't |
00:09:40 | 00:09:44 | really that expensive since most other |
00:09:42 | 00:09:46 | stok trading discord chats make you pay |
00:09:44 | 00:09:48 | monthly on the other hand though i've |
00:09:46 | 00:09:50 | only tried out a couple trades from this |
00:09:48 | 00:09:52 | discord server so maybe i just got lucky |
00:09:50 | 00:09:54 | i'm gonna keep trying them out over the |
00:09:52 | 00:09:56 | long term to see if they're consistently |
00:09:54 | 00:09:58 | profitable and with that being said guys |
00:09:56 | 00:10:01 | let's check out openc.io to see how our |
00:09:58 | 00:10:03 | nfts are doing i'm currently on the same |
00:10:01 | 00:10:05 | website we bought the nfts from earlier |
00:10:03 | 00:10:07 | the prices for the nfts haven't really |
00:10:05 | 00:10:09 | changed that much it's only been like |
00:10:07 | 00:10:10 | five days since we bought them so |
00:10:09 | 00:10:12 | obviously the prices aren't usually |
00:10:10 | 00:10:14 | gonna change that fast if anything |
00:10:12 | 00:10:16 | interesting happens though i'll either |
00:10:14 | 00:10:18 | make a separate youtube video on it or |
00:10:16 | 00:10:19 | leave a pin comment down below i hope |
00:10:18 | 00:10:21 | you guys enjoyed this video please be |
00:10:19 | 00:10:23 | sure to check out this one on the screen |
00:10:21 | 00:10:25 | if you did it's another episode of |
00:10:23 | 00:10:27 | testing tiktok side hustles and it's |
00:10:25 | 00:10:31 | honestly one of my personal favorites so |
00:10:27 | 00:10:31 | go check it out peace out |
00:10:33 | 00:10:35 | you |
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