I Invested in Crypto According to My Subscribers

Investing my a chunk of from my savings into 10 different crypto coins/ tokens according to your picks! Exactly 1 month later I sold it all. Did I make a huge profit? or did I lose it all?

A little over a month ago I asked what your favorite cryptos were you guys responded and I invested did I get a ride to the Moon yes or was I left holding the bag this is what happened just like old times just like old times but you got to

Focus good morning it has now been 3 days since I popped the question to you guys and let’s see your responses all right so it looks like we got about 49 comments Bonk ladies l xrp know I thought you meant to say crying positions that got a lot of likes so you

Get the picture there was quite a variety and I just want to say thank you all for your feedback so in order to pick my investments I ordered all of your guys’ favorites in the comments from both the YouTube short and the Instagram reel in a spreadsheet from

Most picked to least picked now there are seven with multiple picks real quick here for pcoin the p network says please note that the main net has not launched yet and the price displayed below for certain exchanges reflects the value of IUS so the coin’s not even really out

Yet it’s just an IOU for it so for pcoin unfortunately I’m going to have to pass on that one for this experiment for now so we have six other ones here with multiple suggestions so those are a definite pick but I do want to pick a

Total of 10 that I can invest into so what I’m going to do is I’m going to get a random number generator on my phone see what Rose that lands on four times using the random number generator I landed on Elo Mana a and me lady token

All right I’m on coinbase I’m going to put ,000,000 in there oh we’re doing this okay oh man I can’t believe I’m doing this so we’re going to go 100 each Bitcoin eth xrp salana ICP Doge lady a mana and elgo we’re just going to do

Market orders to keep this easy I want this to just go all right so luckily nine out of these 10 cryptos were available on coinbase as of January 8th 2024 all also I just signed up for coinbase 1 which there can be a free trial but afterwards it’s $30 a month

But with coinbase 1 it will take the fees out when doing a market order for each trade so nine out of the 10 cryptos I easily purchased on coinbase using Market orders only losing about 90 cents to a dollar in the spread for each transaction now for meady token it was

Not available on the coinbase exchange but because that token is on ethereum I was able to purchase about $100 worth of ethereum send it to my coinbase decentralized wallet and swap that ethereum for as much Mady token as I could get and because there is a gas fee

Or a network fee for using etherum I was only able to get about $90 worth of M token with a small balance of eth left over that will just throw back into our pool of eth all right we’re in so I created a portfolio tracker on coin

Gecko I put in all of my balances here it is right now it’s approximately worth $992 39 like I said some fees were incurred now there’s actually some big news that’s supposed to come up in the next couple of days which I believe is really really going to affect this one

Way or the other is there going to be a Bitcoin ETF if it does get approved I am guessing that there is going to be a pop off in multiple cryptos we could be seeing our portfolio going to the Moon boys yeah that’s right we’ll see what happens the long awaited Bitcoin ETF

Would it get approved by the SEC that is the Securities and Exchange Commission the United States governmental agency that sets regulations of the Securities markets which can therefore make a big impact on the price and future of certain Assets in short over the past year or so there have been quite a few

Large investment management companies that have filed for Bitcoin ETF approval with the SEC many times it was shut down but more recently a very large influential financial management company Black Rock submitted their Bitcoin ETF to be approved by the SEC with black Rock’s SEC ETF approval record of 575

Approves versus one not approved many have speculated that now the SC will definitely approve a Bitcoin ETF and one of those deadlines for approval was January 10th 20124 so me and many others were expecting if this Bitcoin ETF or exchange traded fund was approved then this would mean an influx of Wall Street

Money into the crypto space therefore potentially surging the price of Bitcoin and other crypto assets upwards at least that’s what I hoped for and then something happened it’s approximately 4:32 Tuesday January 9th and it looks like it happened right now I’m getting all these uh ETF approved has been

Approved on Twitter and if you go to the official SEC page on Twitter today the SEC grants approval for Bitcoin ETFs for listing on all registered National Securities exchanges I think our portfolio is going to the Moon boys all right we should go check on it actually let’s go so as

Predicted the price of Bitcoin blasted off but then something happened on January 9th apparently the sec’s Twitter was compromised apparently someone made a fake news unauthorized post on the sec’s web page and at this time there was no approval of a legitimate ETF and once people found this out the price

Crashed back down that is insane can you imagine the people who went like super long with like a ton of Leverage all of a sudden and then all of a sudden the SEC releases the statement that it was a hack or an unauthorized post and then so our portfolio really hasn’t changed much

Since the news and then the news that the news was fake yeah it’s literally just still around $986 so Aaron Bitcoin back down to 45,000 is this a buy the dip for you disappointing perhaps however with the next day being the actual deadline January 10th 2024 I was

Still on the edge of my seat would there be a legitimate approval this day while doing some ex investigation I found some compelling evidence so there’s these two documents rolling around X right now trying to say that the ark 21 shares Bitcoin TF was approved or is going to

Be approved today it also seems like a lot of people are on the edge like is this just another fake news event like yesterday so let’s try to see if this is going on for ourselves let’s actually go to the sec’s website right here okay I

Typed in Arc here and Arc 21 shares Bitcoin ETF no way this that was not a rumor oh man all right guys it is January 10th 2024 sometime around 10:56 a.m. apparently this document was filed approving Securities for listing that Securities being Arc 21 shares Bitcoin ETF all right let’s check out our

Portfolio guys to the Moon oh dang it we are up $5 so uh yeah I guess it has just been approved forgive me for not looking more excited but after that roller coaster of a ride of emotions the previous day I may have not shown much enthusiasm however deep inside I was

Excited for the Bitcoin ET was approved on January 10th 2024 and just as I expected my portfolio went up in value going all the way up almost to plus $100 would it keep rolling higher explode exponentially up that’s what I thought but over the next several days the

Market started to slip so there’s been a bit of a uh how you say dip man it’s so crazy like how your mentality changes like when they first approve this ETF I was thinking oh my gosh we’re going to double our money we’re going to be able

To almost afford an apple Vision Pro after this and now this happens and I’m thinking like oh man I’d be happy just to break even to be honest with you but we’re only about onethird of the way through this something tells me it’s about to get a lot more volatile there’s

About to be a lot more excitement coming or so I hope hopefully for the upside we’re just going to have to wait and see all right volatile it was on the way down for over the next several days the price continued to decline so according to finance. yahoo.com Bitcoin exchange

Traded funds appear to be a remarkable success in just the first few days they attracted more than 1 billion assets then where’s me money because apparently even with all of that the Bitcoin price has gone down in fact it has gone under $40,000 as of yesterday our portfolio has been dropping 2 days

Ago to the lowest it has been $96 worth of value almost $100 l lost now as of today it’s only up to $915 of value so what is going on um coinbase actually sent me this email spot Bitcoin ETFs are hit so why are crypto prices down this week just

Keeping me reassured you know I guess like I I’m trying to understand all this but apparently like grayscale had a Bitcoin trust and they wanted to turn it into an exchange traded fund anyways apparently grayscales Bitcoin ETF it has high fees or something according to this article I think and apparently investors

Are selling out of this fund to move to other funds with lower fees they’re also saying that maybe this dip has been caused by the sell the news moment maybe investors are thinking oh the hype is here time to sell before the hype gets way too hype and it crashes anyways I

Have to think big picture right we got to think big pitchure I wanted to reference the gold ETF because when the gold ETF was finally approved all of a sudden gold took off and and what like four times in price but if we do look at the moment when the gold ETF was

Approved there is actually a little dip here for I guess a little bit before the takeoff upward so maybe the price action here is something similar I should be thinking more longterm and not get all flustered with this little dip right here this 10% dip however according to

This experiment I will be liquidating in about 2 weeks will the price recover by then will it go up even higher by then I’m hoping something will stimulate this Market in these next couple of days and give us some returns man so would my portfolio spontaneously recover blast

Pass Net Zero and make me a profit well over the next several days it did start to recover however at the end of January some news about FTX that whole crypto exchange Scandal that was basically ins solvent and had to go bankrupt causing a big crash back at the end of 2022 well

Finally they came to conclusion that rather than reopening The Exchange they would liquidate the remaining assets to hopefully pay back all customers I infer this thought of them liquidating or selling all of their crypto assets and whatnot to payback their customers caused the majority of the market to feel potential selling pressure coming

And well this caused another dip all in all though towards the end of this experiment my total portfolio value stayed around $950 now while around a $50 net loss does not feel great I tried to stay optimistic and told myself in crypto it could always be Worse uh Charles yeah I really think it would be a wise decision to move some of our funds off of this high yield savings account in order to diversify into other Investments I’m going to stop you right there bud why diversify when you can multiply uh because it’s risky there is

No risk it’s a savings account well for one it’s 10% interest that’s more than double any of the banks I could find plus they’re not even FDIC insured okay when was the last time the FC ever ided wait a minute 10% that’s it uh you’re late to the game buddy let me

Tell you all right forget about 10% no I want you to picture 100,000% that can’t be real oh no it’s real it’s very well real oh you oh you don’t believe me well let me show you to a little project I’ve been researching the past couple of minutes it’s called

Titano if we put 80% of our funds into titano in only one year it’ll be worth3 $3 billion they use a special technology called Auto rebase it’s like compound interest on on steroids and use the calculator use the calculator and you see how it does that little multiply

Thing look at that look huh now if that was really a scam you think they’ allow you to do that on the website I don’t think so so what do you say big boy just like old times just like old times let’s do this let’s do this and just like that the 30

Days of this experiment was up and it was time to convert all of my cryptos back into cash so did the market spontaneously recover in the final days of this experiment and how much was I left with at the end ladies and gentlemen it is time for the results all

Right y’all got the party shirt on cuz we done it and according to my portfolio tracker my portfolio is apparently worth $964 however after selling out of everything and converting it all back into United States dollar I have $914 okay so close to $90 down I’m not

Too disappointed I’ve done much worse if you haven’t seen my three fails video from last year check that out anyways you might be wondering why the big spread 964 versus 911 well for some reason this morning the ethereum network was expensive to use and when swapping

That Meme coin Mady token back into eth I incurred around a $30 fee now I could have yes waited for maybe a less clogged Network time and got a cheaper fee but I wanted to stick to the challenge and liquidate pretty much on the dot one

Month later now I just want to make it clear I’m certain I put a disclaimer up in the beginning but none of this video was Financial advice it’s all just for entertainment purposes only this is just what I did my experience and what I researched and what happened along the

Way I hope you all were entertained and I also just want to say don’t feel bad if you gave me a suggestion and it looks like it dipped throughout this experiment okay nobody can predict the market future and who knows maybe tomorrow that could have been up I’m

Just sticking to the experiment of 30 days here and what happened happened I made all of these decisions to to do this myself so don’t feel bad if you suggested me one and I picked it and it it didn’t perform that well all in all I

Had a really good time riding this wave making this video I hope you all enjoyed this video and were entertained in fact I think I’m going to make some more fun Financial Challenge videos coming up feel free to leave some suggestions I actually have a few ideas already and I

Saw some of your suggestions from before thank you all so much for that feedback yo I hope you all have a great day don’t forget to subscribe stay tuned more videos coming out peace I will see you all in the next video and all right I’ll keep you happy with the remaining 20%

We’ll keep 10% over on blockfi earning that stable interest and then another 10% over on FTX just in in case anything new pops off