I Lost $500,000 on Dogecoin

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  • Опубликовано: 30 окт 2024

Комментарии • 2 тыс.

  • @Aiyahhh
    @Aiyahhh 3 года назад +456

    My rule of thumb is if it's good enough to take a picture it's good enough to sell

  • @CG-uk1vz
    @CG-uk1vz 3 года назад +76

    Golden Rule: If the asset has brought you life-changing wealth, that's the time to cash in.

    • @BeatTheBush
      @BeatTheBush  3 года назад +6

      It wouldn't have. So then I didn't.

    • @anthonycruz5569
      @anthonycruz5569 3 года назад +5

      He’s was rich before doge

    • @CG-uk1vz
      @CG-uk1vz 3 года назад +20

      @@anthonycruz5569 I know, but he wasn't deca millionaire rich. Last I recall his net worth was between 1-2 million before Doge. So losing 500k of Doge is essentially a quarter of net worth gone down the drain.

    • @najahshikamaru620
      @najahshikamaru620 3 года назад +1

      @@CG-uk1vz not gone unless you sell at that price

    • @CG-uk1vz
      @CG-uk1vz 3 года назад

      @@najahshikamaru620 Good point. It was actually a good buying opportunity.

  • @derickcastro3637
    @derickcastro3637 3 года назад +186

    You didn’t lose 500k, you missed out on 500k

    • @MicDropBBQ
      @MicDropBBQ 3 года назад +23

      FACTS

    • @najahshikamaru620
      @najahshikamaru620 3 года назад +17

      Somebody gets it

    • @aqrzoryan3166
      @aqrzoryan3166 3 года назад +2

      Can i buy 10 dollars of dogecoin ? Or i need more money

    • @aqrzoryan3166
      @aqrzoryan3166 3 года назад +4

      @@najahshikamaru620 Can i buy 10 dollars of dogecoin ? Or i need more money

    • @najahshikamaru620
      @najahshikamaru620 3 года назад

      @@aqrzoryan3166 you can put that amount in

  • @Cab895
    @Cab895 3 года назад +74

    Your goal was to get a roadster, and then you got greedy. This is why its SO important to have an exit strategy when it comes to any volatile investment

    • @antonioaugilar168
      @antonioaugilar168 3 года назад +4

      This guy wanted a little more haha.

    • @jdagreat4595
      @jdagreat4595 3 года назад +1

      Why didnt he scalp? Why did he think this would have stayed at those levels?

    • @AONTrappy
      @AONTrappy 3 года назад +2

      @@jdagreat4595 cuz lookat btc herpa derpa

    • @BeatTheBush
      @BeatTheBush  3 года назад +13

      But then it's not over yet, we shall see.

    • @PikaQPika
      @PikaQPika 3 года назад +4

      @@BeatTheBush I was in the 2017 crash, feels the same.. It's over for now... Wait for another 4 years I guess or sell now

  • @THEDIAMONDLIFE1
    @THEDIAMONDLIFE1 3 года назад +118

    shoutout to u for being transparent. some ppl would lie about feeling bad about not selling i wish i wouldve sold at least half during snl but greed got the best of me too! lesson learned...many blessings to u and im sure doge will go back up in the long term

    • @Theegoaat
      @Theegoaat 3 года назад +6

      Yeah shit happened to me too then i sold near the bottom lmao lesson learned.

    • @terrellsmith6715
      @terrellsmith6715 3 года назад +1

      I just day trade on it

    • @truestrength-oz5kk
      @truestrength-oz5kk 3 года назад +4

      Its a dead coin

    • @douglassmith9445
      @douglassmith9445 3 года назад +1

      Dogecoin is completely useless. You will never have a utility with it lol the hype of it before just because of Elon musk blew my mind.

    • @terrellsmith6715
      @terrellsmith6715 3 года назад

      @@douglassmith9445 pretty much

  • @NorthernExplorerOverland
    @NorthernExplorerOverland 3 года назад +69

    I learned my "pigs get slaughtered" lesson a long time ago. You are still up so cheer up.

    • @BeatTheBush
      @BeatTheBush  3 года назад +16

      I might get slaughtered if I keep holding lol.

    • @Thaprince9
      @Thaprince9 3 года назад +3

      @@BeatTheBush uh sell, and buy at the lows. You missed your target, Welcome to trading. Cryptos are too violate to just hold/invest and not trade. You should be shorting it all the way down.

    • @najahshikamaru620
      @najahshikamaru620 3 года назад

      @@Thaprince9 just now learning that 👌🏾

    • @JewTube001
      @JewTube001 3 года назад +1

      @@BeatTheBush who knows. there are many coins that "died" during the previous bull run in 2017 but did WAY better during this year's bull run.

  • @whatjamesthinks
    @whatjamesthinks 3 года назад +73

    "Past performance is no guarantee of future results."

    • @BeatTheBush
      @BeatTheBush  3 года назад +6

      Yep.

    • @FreelanceTranslatorTips
      @FreelanceTranslatorTips 3 года назад +10

      @@BeatTheBush "If investors only had to study the past, the richest people would be librarians" - Warren Buffett

  • @grantguy8933
    @grantguy8933 3 года назад +105

    Take profit is never a bad thing.

    • @aftech7268
      @aftech7268 3 года назад +7

      I take the profits and wait for the dip to buy more- holding the doge and keep buying the dip

    • @ceez3317
      @ceez3317 3 года назад +1

      False if your a day trader, you need those big wins to offset losses

    • @Johnnyy832
      @Johnnyy832 3 года назад +1

      @@ceez3317 Bruh what are you talking about?

    • @Johnnyy832
      @Johnnyy832 3 года назад +1

      @@ceez3317 taking profits is actually a smart move and is nearly always taught by day traders.

    • @JustinFur
      @JustinFur 3 года назад

      I preach this

  • @DY-Hak1
    @DY-Hak1 3 года назад +17

    It'll get worse. Problem is 30% of the Doge coins are owned by a person or organization. If that person sells, then the rest of the small folks are screwed.

    • @corinth1121
      @corinth1121 3 года назад

      That 30% is the robinhood crowd!!!

    • @DY-Hak1
      @DY-Hak1 3 года назад

      @@corinth1121 NO! Do some research! Robinhood crowd are the small investors. There is a person or organization that owns 30% of the doge coins created right now. Once that person or organization sells then the knife will drop.

    • @DY-Hak1
      @DY-Hak1 3 года назад

      @Jerrian van Slochteren Maybe Doge is already at the peak. Nobody knows. But I do know many investors will take profits along the way.

  • @MAGATonyG
    @MAGATonyG 3 года назад +24

    I’m holding my coins and I’m currently down 6k. Don’t feel bad, the optimism is greater.

    • @ctwwtc8761
      @ctwwtc8761 3 года назад +1

      Yeah I feel that

    • @SunniMerlot
      @SunniMerlot 3 года назад +4

      It’s only a loss when you sell

    • @vegeta9411
      @vegeta9411 3 года назад +1

      6k isn’t nothing compare to half a million lol

    • @typingcat
      @typingcat 3 года назад

      Build dogecoin and make shiba inu pay for it.

  • @thelewis8397
    @thelewis8397 3 года назад +56

    Thank you for your honesty and candidness during this time. I know it had to be hard to make this video but we appreciate it. As a crypto holder myself this can be depressing, but take this time to put the phone down and give yourself a win. Travel and spend some time outside. It'll raise your spirits. Your not alone. Thank you so much for insights!

    • @jonsl2000
      @jonsl2000 3 года назад

      Buy yourself Rolex watch

    • @BeatTheBush
      @BeatTheBush  3 года назад +5

      Share in the loss together!

    • @JewTube001
      @JewTube001 3 года назад +1

      i respect how he followed his plan and disclosed it all.

  • @GoHerping
    @GoHerping 3 года назад +107

    As painful as it is, it's still a good sign when an investor is sad about doubling their money

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад +1

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
      +•1•8•1•8•4•3•1•5•7•8•0----

    • @WalayatFamily
      @WalayatFamily 3 года назад +21

      he's not an investor, he's a gambler, let it get to .03 then he can do a crying I lost half my money video.

    • @jenny-DD
      @jenny-DD 3 года назад +6

      I dont call anyone who puts money into Dogecoin an investor- id call him a online gambler.
      This clown 🤡 should work at the circus 🎪
      When this doesn't work out

    • @xyz-pg3zd
      @xyz-pg3zd 3 года назад +1

      @@jenny-DD right? it's only taking money away from the (little) people if he were to sell at that price. smh. sheeples.

    • @-RBR
      @-RBR 3 года назад +2

      “Investor”. Good one.

  • @chrismartin9805
    @chrismartin9805 3 года назад +20

    It's strange how people talk about the profits they've been Making through trading of bitcoin while I'm here not making any profit at all please can someone put me through on the right path.

    • @robertjohn4653
      @robertjohn4653 3 года назад

      Most time having knowledge or insight about a particular activity can as well be a pleasing exercise.I can boldly say that Forex and crypto trading is one of the profitable money exchange service that elevates investors and their financial status.

    • @joelken3952
      @joelken3952 3 года назад

      I just withdraw my profit last two days before now. am glad i did invest with them still reinvested and the trade is ongoing

    • @douglasharold5100
      @douglasharold5100 3 года назад

      A friend that I referred to her just received &17,050 profit after 10 days of investing... I became jealous.

    • @albertgabriel2930
      @albertgabriel2930 3 года назад

      Hahhaha if you've not heard about her then you are missing out...

    • @francocallio9324
      @francocallio9324 3 года назад

      Am glad I got recommended to her, she is the best broker. I was sceptical about her at first but after I got paid always invest over and over again

  • @mucusofwanderhome6945
    @mucusofwanderhome6945 3 года назад +24

    “Enough is never enough” always a sign when markets are over inflated it’s called greed.

    • @rexmundi273
      @rexmundi273 3 года назад +5

      Greed and fear drive the markets.

    • @xyz-pg3zd
      @xyz-pg3zd 3 года назад

      @@rexmundi273 this.

  • @sklee318
    @sklee318 3 года назад +8

    So you're still up 100K. Fact is you're still up. No need to feel depressed. There's people who lost their whole networth trading Doge.

  • @MB-st7be
    @MB-st7be 3 года назад +62

    You know you're watching Beat The Bush when "I doubled my money" means "I feel terrible"

    • @BeatTheBush
      @BeatTheBush  3 года назад +11

      Lol... dang it! You caught me. XD XD

  • @DavidRodriguez-ye7dz
    @DavidRodriguez-ye7dz 3 года назад +10

    I'm sorry to hear this... don't take it too heavy, in the end of the day it's 'just' money... as long as you have your health you can do anything :)

    • @-whackd
      @-whackd 3 года назад

      He invested 60 and has 160k, within a couple months.

  • @Yipee1237
    @Yipee1237 3 года назад +10

    I like your honesty buddy, you atleast have the courage to say that you made a mistake and didn't get out early. Some folks around here vanish when a stock or crypto they bragged about goes to the dump.

  • @stevenhill3136
    @stevenhill3136 3 года назад +52

    ""If I sold at .75 and bought back in now I would have increased my holdings"" True but no one can predict the top or bottom! The what if's can drive you nuts LOL but I'd be happy with your awesomely low average cost and just hodl

    • @BeatTheBush
      @BeatTheBush  3 года назад +18

      Buy some more and make it 1,000,000 coins?

    • @stevenhill3136
      @stevenhill3136 3 года назад +3

      @@BeatTheBush Sure the more the better. I continue to accumulate more TSLA shares when I can so same concept

    • @MyLifeThai371
      @MyLifeThai371 3 года назад +3

      @@BeatTheBush No. Don't buy anymore. Don't dig a hole deeper for yourself. Just hold what you have.

    • @sambenzema1183
      @sambenzema1183 3 года назад +2

      @@MyLifeThai371 oh im buying

    • @najahshikamaru620
      @najahshikamaru620 3 года назад +2

      The what if’s and the I should’ve will drive you mad . Love and learn

  • @KidTokyo_
    @KidTokyo_ 3 года назад +28

    I respect your honesty and knowledge on this. The market will recover!

    • @pîñnèdbyBeatTheBush
      @pîñnèdbyBeatTheBush 3 года назад

      W•°H°•A•°T•°S•°A°•P•°P•°
      +1••2••0••9••2••6••0••2••8••6••5•✓
      i•n•v•e•s•t•i•rdanslaC•r•y•p••t•o
      B•T•Cet•E•T•H...

  • @megasoma
    @megasoma 3 года назад +38

    At .75 seemed like that was the ceiling. It's a meme coin after all.

    • @martinezbiz
      @martinezbiz 3 года назад +4

      ehh bitcoin is also down from 60k to probably under 30k.

    • @checktheneck
      @checktheneck 3 года назад +4

      I think because of the fact that this meme, many were waiting for it for $ 1. But I personally think it's crazy, such a big increase in just a couple of months, it was absolutely impossible in such a short time.

    • @NabilKaali
      @NabilKaali 3 года назад +5

      Greed was making people think, it's going to $8! That's what he posted on this channel too.

    • @BeatTheBush
      @BeatTheBush  3 года назад +5

      Cryptos does increase in large amounts routinely so I would not be surprised if it did in a few months.

    • @LegolasD
      @LegolasD 3 года назад +2

      I remember they said Doge would never reach .005 then .01 then .02 then .05 .08 .10 .15 .20 .30 .40 .50 .6 .70
      People have been saying that for 7 years and every time they’ve been wrong. I can see Doge going to $1. It started out at like .0002 cents

  • @StocksCurrency
    @StocksCurrency 3 года назад +25

    Can I get an AMEN for this guy keeping it real but someone please teach him about the DIAMOND HANDS 💎🙌🏽

    • @muminadi5400
      @muminadi5400 3 года назад

      diamond hands are for idiots

    • @Omar-gr7km
      @Omar-gr7km 3 года назад

      Why does anyone need to teach him? He didn't sell so just a paper loss. Even if he did sell right when this aired, still a doubling of initial investment.

  • @LibertyLuminary
    @LibertyLuminary 3 года назад +71

    If you had $60k laying around to put on Doge when it was .068, then I really doubt you are “going broke.” 🤷‍♂️

    • @MyLifeThai371
      @MyLifeThai371 3 года назад +4

      yep

    • @j.gonzalez1146
      @j.gonzalez1146 3 года назад +5

      Bro the doge coin millionaire
      RUclipsr put all his life savings, maxed out all his credit cards and asked as many family members as possible for money to put in. He literally has a car that looks beat down so bad but it’s all he has and it shows you that you really never know who’s broke tbh.

    • @LibertyLuminary
      @LibertyLuminary 3 года назад +6

      @@j.gonzalez1146 if anybody drops that kind of money with debt, and if their gamble fails, it’s hard to have much sympathy. People should never “invest” beyond their means.
      The other point is that - in the case of THIS video, he still has a profit more than double his original investment. I would not consider that a capital loss to which someone ought to make a statement about going broke. The only thing he has lost was profit had he cashed out.
      He said it himself… He got greedy. That’s okay, most of us do at some point or another. Still odd to make “broke” claims at 2x.
      To each their own 🤷‍♂️

    • @najahshikamaru620
      @najahshikamaru620 3 года назад +1

      @@LibertyLuminary exactly. If I’m not mistaken he is still 300% up.

    • @j.gonzalez1146
      @j.gonzalez1146 3 года назад +2

      @@LibertyLuminary that’s my point some people don’t have the money but still do it and risk it all These guys need to sell now tbh

  • @flexxnxt
    @flexxnxt 7 месяцев назад +1

    Bro was up 700k on a 💩coin & didint sell ... You were NEVER Gonna Sell !!

  • @Jabiggity
    @Jabiggity 3 года назад +6

    Literally my exact thoughts right now. I got too greedy and “too patient” and bit the bullet :( can’t stop thinking about the what if’s before even though I know it’s pointless. W’s soon brotherman

  • @jayinsw
    @jayinsw 3 года назад +14

    It’ll be ok it’s gonna go back up this year remember this tweet won’t take a year man

    • @BeatTheBush
      @BeatTheBush  3 года назад

      I think it might be back within a year but prepared for 1-2 years.

  • @LarvisK10
    @LarvisK10 3 года назад +19

    I kind of feel this is the best outcome. You have the ability to influence people and I feel you encouraged irresponsible behaviour in your younger viewers. This is of course your prerogative but for the viewers it’s a good lesson in risk.

    • @NinjaPro57
      @NinjaPro57 3 года назад

      How was this a good outcome, like at all? LOL

    • @horriswimberly4516
      @horriswimberly4516 3 года назад +1

      If there was every any encouragement, it was to advise other people to only put it what they were willing to loss. This is no different than gambling or playing state sponsored lottery.

    • @LarvisK10
      @LarvisK10 3 года назад +2

      @@horriswimberly4516 the problem
      Is young people don’t often have this kind of money to lose and they will chase the returns.

    • @LarvisK10
      @LarvisK10 3 года назад +2

      @@NinjaPro57 the lesson is learned and he still made money. Good outcome.

    • @2RosarioVampire
      @2RosarioVampire 3 года назад +2

      @@NinjaPro57 I mean he's up $50+k still if he sold. That's stupidly good outcome.

  • @lawrencethomas9194
    @lawrencethomas9194 3 года назад +43

    I also appreciate this video
    This is exactly what I need as motivation.

    • @jefferythompson9996
      @jefferythompson9996 3 года назад

      When you invest you're buying a day you don't have to work.

    • @jamesman1677
      @jamesman1677 3 года назад

      Assets that can make you rich

    • @jamesman1677
      @jamesman1677 3 года назад

      Bitcoin
      Stocks
      Real estate

    • @richardsusan6666
      @richardsusan6666 3 года назад

      You're right sir, it's obvious a lot of people remain poor due to ignorance
      It's better to take risk and make sacrifices than to remain poor.

    • @charlesmanewell1891
      @charlesmanewell1891 3 года назад

      It's not ignorance but due to some unprofessional expert in the market.

  • @gazyasaslam7045
    @gazyasaslam7045 3 года назад +2

    I love your honesty and transparency. I hope you learn from this - don't let your greed and emotions rule you. Also get out of the market when you have made money.

  • @benjilafair890
    @benjilafair890 3 года назад +2

    Keep your chin up , This dip will be our springboard to new highs!

  • @happyb6443
    @happyb6443 3 года назад +11

    You could have sold along the way, when it was going up. For example, every time it doubled, you sell half of your remaining position and let the rest ride for another double.

  • @warsurplus
    @warsurplus 3 года назад +6

    Don't let income taxes drive your investment decisions. Take the gains and pay the man.

    • @BeatTheBush
      @BeatTheBush  3 года назад

      Oh yes. That was not the main factor for not selling of course. It was not meeting my target when I first bought.

  • @lostcoastlocal7073
    @lostcoastlocal7073 3 года назад +5

    We are all depressed my friend. Playin with my money is like playin with my emotions

  • @BobbyHo2022
    @BobbyHo2022 2 года назад +2

    i feel you man, long term investing is rough. I feel like crap right now. I did the same thing, not selling waiting for my holdings to hit at least 1 year for lower taxes and not I'm down more than if I paid my taxes.

  • @jgtdragon
    @jgtdragon 3 года назад +1

    everything crypto is down big. I didn't get any Doge coins, but I did buy into others. I am down like 60%. It will go back up in the long term. Like any investment, there is risk, just make sure its the amount you are willing to afford to lose it all.

  • @rosbethcollince6600
    @rosbethcollince6600 3 года назад +30

    I love your video at large but i will advice everybody who is into cryptos to Stick with ETH and BTC as much as you can guys. If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind.

    • @jesicaanna217
      @jesicaanna217 3 года назад

      imagine being rich, being too lazy and ignorant to come to even the slightest agreement. Let's petition to fire the government or take from their pocket Money is good for only three things : fun, investing, and giving.

    • @davidwelbert5404
      @davidwelbert5404 3 года назад

      The government don't care about us, that's why i always advice people to invest

    • @adambecker4053
      @adambecker4053 3 года назад +1

      I wanna invest my money on crypto. Bitcoin trading is great, unlike the stock market and other financial markets, bitcoin has no centralized location, since it operates 24hours a day in different parts of the world

    • @ericdoom2318
      @ericdoom2318 3 года назад

      @@adambecker4053 you are right Bitcoin trading might make you rich if you are hedge fund with deep pockets or an unusual skilled currency trader After a successful investment you have nothing to worry about, whether the rise and fall of economy won't affect you. Make's your future brighter, by making good investment

    • @rayanvedant1585
      @rayanvedant1585 3 года назад +1

      I think Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise Nothing ever changes

  • @cheaserceaser
    @cheaserceaser 3 года назад +4

    You need to get out while you can. Dogecoin has no fundamental value and every second thousands of Dogecoin is being printed out of thin air. You are bagholding a pipe dream. Pull out and go back to investing into blue chips.

  • @dvran
    @dvran 3 года назад +4

    I guess it’s easy to be complacent on $600k when you see it on the screen vs. if you saw a suitcase filled with $100 bills, it would’ve changed your mind.

  • @Phlegethon
    @Phlegethon 3 года назад +1

    I think the interesting thing here is a few videos back at the same price you were dancing for joy but now at the same price you feel terrible. Keep us updated on the psychology of this roller coaster

  • @Roymillz
    @Roymillz 3 года назад +1

    i needed this. i remember your video when it was up and everyones videos were just like it, making channels and business off the fact that theyre up and now that its down, they make it seem like its all good, buy the dip, elon this n that and greedy vs fearful etc. but in all reality this shit sucks! im glad your video is a actual human reaction on whats going on. im still holding we'll see what happens...

    • @BeatTheBush
      @BeatTheBush  3 года назад +1

      The important thing is I still have a place to live and it does not affect what I eat nor my social plans due to losing paper money.

  • @ahwleung
    @ahwleung 3 года назад +13

    This video serves as an important reminder to always have an exit strategy. HODLing without one means you'll never be able to sell, because you'll always be chasing a new high. For high value HODLers I always say to sell if it's equal to your outstanding mortgage balance, that way you'll always eventually have an exit and the peace of mind of not having mortgage payments is many times better than the stress of watching cryptos.

    • @thisistotallyfine
      @thisistotallyfine 3 года назад +1

      "What's an exit strategy?" - DeepFuckingValue

    • @BeatTheBush
      @BeatTheBush  3 года назад +2

      I already don't have mortgage payments.

    • @jklok
      @jklok 3 года назад

      I’m pretty sure he stated in his earlier video he will sell when it hits a dollar. He does have an exit strategy.

  • @anthonycruz5569
    @anthonycruz5569 3 года назад +4

    Idk why people are acting like doge is over. The market is down across the board. Holding is key. There is a lot of market cap in doge.

    • @PA-sb5ou
      @PA-sb5ou 3 года назад

      Its over. For Doge but Crypto is still alive

  • @coachraymsey8626
    @coachraymsey8626 3 года назад +11

    Take out your initial investment so you don't feel as emotional when holding during the bear market.

    • @astrabit
      @astrabit 3 года назад

      I have less than my original investment😭

    • @coachraymsey8626
      @coachraymsey8626 3 года назад

      ​@@astrabit Damn, your choices are to either average down, cut your losses, or HODL 💎

  • @pepstermine1034
    @pepstermine1034 3 года назад +1

    Bro… I bow down to your honesty and transparency…. and we can all share and feel your pain… I think the best approach is exactly what you said… it’s crypto, it’s bound to be highly volatile so you must set your long term time frame and commit to it and ignore the short term volatility.

    • @user-oc1rw8yx6s
      @user-oc1rw8yx6s 3 года назад

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      W/h/a/t/s,,/a/p/p/,,f/o/r,,,,/A/s/s/i/s/t/a/n/c/e,,,
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  • @Diamond_Hands_007
    @Diamond_Hands_007 3 года назад +2

    GOOD the more you complaint the more dropping , will go $0.02 soon ! Good for you

  • @i486DX66
    @i486DX66 3 года назад +3

    Never avoid a sale to avoid a tax. When you're up that much, you gotta take some profit.

    • @BeatTheBush
      @BeatTheBush  3 года назад

      =D Yeah perhaps eh? But then I had an objective in the very beginning.

  • @DXmYb
    @DXmYb 3 года назад +5

    People with no retirement savings (or any savings at all) are playing around with these coins like gambling addicts.
    Once you're financially free it's a different game altogether to the average Joe who is having a pop at it

    • @BeatTheBush
      @BeatTheBush  3 года назад +2

      Those who invest their life's savings are the ones to sell out when it dips 80% because the money is need to pay rent. That is guaranteed to lose money.

  • @joshuaevora2162
    @joshuaevora2162 3 года назад +3

    No offense buddy but honestly you have no reason to be disappointed, and I’m gonna tell you why let’s think like a grown up here for a minute, you’re a very young guy full of health and energy I believe you had a great talent working as an engineering in the past. Now If you really want that roadster so bad What you really need to do is get your ass off the couch and go back to work and make some real money 💵💰 and stop relaying on unpredictable identities hoping to become rich one day so you can buy your dream car.

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
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  • @EpicFinance
    @EpicFinance 3 года назад

    Man, you have no idea how much I appreciate your honesty and transparency. Best of luck going forward!

  • @MicDropBBQ
    @MicDropBBQ 3 года назад +1

    I had 105k units of Doge when it hit big. I was in at $0.05. I sold all of my units at $0.30 the other day and bought 25k units back at $.20. I'm not playing the TO THE MOON game no more. It's not fun. LOL! I could have had $76,000 minus my initial $6,000. BANKING! But I ended up settling for $30,000 less my $6,000. I'm now gonna just buy high and sell low like a typical market should work.
    The to the moon shit got me caught up and I should have sold it and been done. But that's life. Time to use the gains I've got to make more money from the gains. That's LIFE!

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
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  • @drexymalloy5651
    @drexymalloy5651 3 года назад +40

    Investing in Gold, silver and crypto currency now should be in every wise individuals list, in 2 to 3 years time, you will be estactic the decision you made today

    • @kimkardashian8010
      @kimkardashian8010 3 года назад

      Investing in these economic crisis will be one of the best thing to do

    • @digitcashflow3605
      @digitcashflow3605 3 года назад

      You're right I think Gold and crypto are the best to invest right now

    • @dalepawlik1698
      @dalepawlik1698 3 года назад

      @@digitcashflow3605 Gold's are good but crypto is better

    • @benwilliamson1651
      @benwilliamson1651 3 года назад

      @Stephanie Goley That won't bother you if you trade with a professional like Clinton mark

    • @diogomorales1613
      @diogomorales1613 3 года назад

      I'm a living testimony of Clinton mark

  • @tmdngs
    @tmdngs 3 года назад +3

    Let’s be clear- you made 100k, not “lost 500k”. If I were you I would take the profits asap. Good luck!!

  • @StriderGMT
    @StriderGMT 3 года назад +8

    I sold some back in May just to cover my initial outlay. That way I’ll never lose money on it. If I were you I’d just hold it now and stick to your $1 goal.

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
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  • @sebastian597
    @sebastian597 3 года назад +2

    This might sound messed up but one of the reasons I enjoy watching your videos is because you get so down over things that don’t really change your life. You don’t have to work another day in your life because you saved up and were smart about it, and still not making more money off doge ruins your mood. It’s always a reminder to myself that there’s no end goal we’ll get to that will make us feel complete. You’re a clear example of that for me.

    • @BeatTheBush
      @BeatTheBush  3 года назад +1

      I'm actually pretty ok, you have to feel something if you see it drop no?

  • @samholly1172
    @samholly1172 3 года назад

    The problem with doge is it’ll only go back up above 50cents if it crashes below 5cents maybe even 0 cents it’s just nothing special it has no great use case

  • @Aussie50InspiredDavidZ
    @Aussie50InspiredDavidZ 3 года назад +6

    You never know. Dogecoin prices can go up suddenly. It's VERY volatile.

    • @BeatTheBush
      @BeatTheBush  3 года назад +2

      Bam! $1.00!!!

    • @shawnhope7382
      @shawnhope7382 3 года назад +1

      it will , maybe 5 or 10 years. not bad for long term

    • @MicDropBBQ
      @MicDropBBQ 3 года назад

      Right. It shot up in 48hrs from May 5th to May 7th. All it takes is two days....

  • @DustinAlford
    @DustinAlford 3 года назад +11

    Been on this roller coaster for years, still holding, bought some this morning. I don't think we're in a full bear market yet, just a nice correction to help filter out the folks with weak hands.

    • @ClassicRockMan70
      @ClassicRockMan70 3 года назад +6

      Keep telling yourself that

    • @DustinAlford
      @DustinAlford 3 года назад +2

      @@ClassicRockMan70 lol k bro

    • @Dave64track
      @Dave64track 3 года назад +1

      You're correct the bull market is far from over it's only dropped because of the news from China etc.

    • @ebyvids
      @ebyvids 3 года назад

      @@ClassicRockMan70 if youve been in the market since 2013 youd know the cycles

    • @ClassicRockMan70
      @ClassicRockMan70 3 года назад

      @@ebyvids lol good luck

  • @doodle_pug
    @doodle_pug 3 года назад +6

    Heyyy you were mentioned by Graham Stephan on his newest video!

  • @cjrwars
    @cjrwars 3 года назад +1

    Dont know this channel, but your vulnerability, honesty and humility is something that youtubers are lacking. I hope you continue to climb through the loses. I hope we all learn to play by the numbers game better than an emotional one, because sometimes our emotions do get the best of us. Good luck, hope to see more genuine stuff, hope you can teach us a few things along the route.

  • @RoseCityHustler
    @RoseCityHustler 3 года назад

    so honest that i feel your pain...... keep your head up, every loss is a chance to learn where you went wrong and improve your knowledge on the subject at hand.

    • @Alexander-yc5mx
      @Alexander-yc5mx 3 года назад

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      W *• H .*• A •. T •. S .•* A •. P +1 -- 6 -°°- 6 -°°- 1 -°°°- 2 -°°°- 3 -°°° 7°°-7 -°°°--9 -°°- 4 -°°5.

  • @jaspm
    @jaspm 3 года назад +10

    If he feels terrible now that he doubled, imagine when he's going to make the first 50% loss 🤭🌈

  • @drew5555555555555555
    @drew5555555555555555 3 года назад +12

    Dude, you could still sell and it would be an insanely good return. 3x in a couple months is pretty much unheard of. The different coins pretty much move in lockstep with each other and kind of follow Bitcoin which had a pretty bad technical chart right now so things are likely to continue downward overall. There really isn't any fundamental analysis that can be done with coins so you have to rely on the technicals. You can still make some great returns if you sell. It's 100% up to you but it may not be a bad idea to make off with your gains. In reality it's multiple years worth of spending for you with your minimalist lifestyle.

    • @naps3386
      @naps3386 3 года назад +1

      @Cat Kingradio883 Do you know what a head-and-shoulders chart pattern is?

    • @BeatTheBush
      @BeatTheBush  3 года назад +1

      This is my roadster money. I'm buying one with dogecoin no matter what.

  • @realalexesparza
    @realalexesparza 3 года назад +4

    It's all good man, I'm hodling for at least 5 more years.

  • @reggiegoorahoo6281
    @reggiegoorahoo6281 2 года назад +2

    It’s at 6 cents never will go back up again

  • @kevinzzzut
    @kevinzzzut 3 года назад +1

    I experienced exactly the same feeling, a bit depressed, stay strong bro

  • @davidwestern3217
    @davidwestern3217 3 года назад +40

    *Money is an issues that everyone has for a better and luxurious life. life was hard for me until I started trading Bitcoin and now earning $8,435 per week*

    • @devonspruill1304
      @devonspruill1304 3 года назад +2

      Most intelligent words I've heard.

    • @jennbuckley1598
      @jennbuckley1598 3 года назад +1

      Crypto is the new gold

    • @markwilliam400
      @markwilliam400 3 года назад +1

      I wanted to trade Crypto but got discouraged by the fluctuations in price

    • @jackonsmith1930
      @jackonsmith1930 3 года назад +1

      That won't bother you if you trade with a professional like Expert Richardson Williams.. My first Investment of $3000 Mr Williams on forex has earned me profits of over $24,320 within 15days

    • @franklinjohnson8731
      @franklinjohnson8731 3 года назад

      I heard that his strategies are really good

  • @blackguytraveller7797
    @blackguytraveller7797 3 года назад +10

    Reality is you still beat the S&P500 which would have been “sound” investment advice. You can feel bad for not selling at the peak as much as you want, but don’t ever let people tell you that doubling your money in a few months was a bad investment.

  • @connortmurphy
    @connortmurphy 3 года назад +3

    Lesson is: Don't spend more than what you can afford to lose.

    • @hzuiel
      @hzuiel 3 года назад

      That is dumb thinking, my parents thought that way and they basically didn't invest their entire life because of it. They poisoned me with that idiotic nonsense until I got older and started learning more about investing. The stock market has never gone to zero and stayed there, so if you are broadly invested you are never losing all your money, and you will never go down without going back up. Basically unless our entire economic and monetary system comes crashing down you will not lose all your money if you use even a slight bit of sense investing. If the whole system goes down, cash you were hoarding will also be worthless, and I have a hard time believing someone sitting on gold bars is going to be doing super well either until a new monetary system and economy emerge and things stabilize. People who sold at the bottom of the 2008 recession lost tons of money, people who just held on to it and kept doing what they were doing, came out the other side, 18 months later, with more than they started out having, especially if they managed to stay employed and kept investing during the low points, they came out way ahead. The real key is to live within your means well enough that a modest emergency fund and the flexibility to take a lower paying job and still make the mortgage payment, will keep you from having to sell your long term investments to pay the bills.

  • @Kwameking1
    @Kwameking1 3 года назад

    Great to be back BTB.You’re the best!

  • @Int3x0r
    @Int3x0r 3 года назад

    Thank you for your honesty.

  • @delbomb3131
    @delbomb3131 3 года назад +8

    Icarus still relevant after all these generations.

    • @darklight6921
      @darklight6921 3 года назад

      these ideas repeat themselves. burry calls himself cassandra

    • @OccupyEtcheverry
      @OccupyEtcheverry 3 года назад

      he is going to the moon, not the sun. big diff bro

  • @islander888
    @islander888 3 года назад +3

    DOGEcoin HODLers are mostly 25 years old and under.

  • @rcnblackhawk07
    @rcnblackhawk07 3 года назад +5

    “This is Unbelievable!” ...this means sell

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
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  • @thomasking4791
    @thomasking4791 3 года назад +1

    You still doubled your money in two months. That is a crazy win. Even when you lose you still win.

  • @yotube1ful
    @yotube1ful 3 года назад

    I think you’re unvarnished and sincere exposition of your emotions is a good character trait. I think it bodes well for your present and future prospects. At the end of the day we are all a sum total of ALL our experiences “good” ant “bad” ones.
    To the extent that you use this experience to inform your future decisions constructively then this can ultimately be a good experience and a win.
    Best.
    And thanks for sharing triumphs and “failures” in equal measure. We benefit from both.

  • @thisipeng
    @thisipeng 3 года назад +6

    It’s cool, you’re still up 100K
    Always try to take some profit when the market is hot

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
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  • @Lik3ToSing
    @Lik3ToSing 3 года назад +7

    Gain/loss is realized when a crypto is sold, not when holding

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

      Thanks for watching, I have something real good I'd love to introduce you toT/E/X/T|W•H•A•T•S•A•P•P
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    • @ateshy9411
      @ateshy9411 3 года назад

      True

  • @vincetaylor3948
    @vincetaylor3948 3 года назад +3

    this mindset isn't healthy in the end of the day you made a huge profit you should be happy that being said sometimes its better to just walk away and just live life.

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

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  • @acornsucks2111
    @acornsucks2111 3 года назад +1

    I respect you for posting this.

    • @pîñnèdbyBeatTheBush
      @pîñnèdbyBeatTheBush 3 года назад

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  • @henryquach604
    @henryquach604 3 года назад

    that is why GREED KILLS! TAKE YOUR FUCKING PROFIT. profit is profit man. no one is going to hate you for taking profits

  • @MB-st7be
    @MB-st7be 3 года назад +3

    I like these honest mistake videos. It's reassuring to know that even the experts get it wrong sometimes.

    • @hamyncheese
      @hamyncheese 3 года назад

      This guy is an ignorant poser.

  • @yamisohi
    @yamisohi 3 года назад +7

    Dogecoin is going back to two cents. Mark my words.

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

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    • @aqrzoryan3166
      @aqrzoryan3166 3 года назад

      Can i buy 10 dollars of dogecoin ? Or i need more money

  • @ascendantP
    @ascendantP 3 года назад +3

    Easy come, easy go. At least you're still profitable in this

    • @BeatTheBush
      @BeatTheBush  3 года назад +1

      Maybe not for long. Maybe I'd lose half my principle soon.

  •  3 года назад +1

    I’VE LOST $150K on PLTR when it at $45
    I contemplated to sell but holding it longer because of tax
    Now, correction occurred+wiped out some of my margins

  • @테스여자친구
    @테스여자친구 3 года назад +1

    Although my case is not a trading or invest, I spent over $10,000 in gambling with no profit over few months through online gambling. And fortunately in one day, I turned 250 dollars into $25,000. I could have cashed out and paid off my $4000 loans, money i owe to people, fix my cars yet still enjoy things I wanted to do for a long time. But I just got greedy and lost all of them overnight. I feel sick, exhausted, see no motivation again to make money at work… but your case 500,000 thats just..

  • @coingalaxy8249
    @coingalaxy8249 3 года назад +7

    Dude, Doge will be back up again by the end of this year. Just hold for the long term...

    • @smarksthespot6260
      @smarksthespot6260 3 года назад +1

      Exactly . Don’t be sad , that roadster is still in the horizon !!

  • @Knightfall3000
    @Knightfall3000 3 года назад +7

    I lost about 10 grand. At this rate Doge is going to revert back to $0.5 a coin like in the Beginning

    • @ernied3050
      @ernied3050 3 года назад +4

      why would put 10 grand on a meme coin

    • @Knightfall3000
      @Knightfall3000 3 года назад +1

      @@ernied3050 Francis invested $65.000

    • @ernied3050
      @ernied3050 3 года назад

      @@Knightfall3000 then you are all millionaires like him then lol

    • @BeatTheBush
      @BeatTheBush  3 года назад

      Total invested is about $61,000. It's now around $200,000. So about $140,000 up.

    • @Knightfall3000
      @Knightfall3000 3 года назад

      @@ernied3050 🤣

  • @Phlegethon
    @Phlegethon 3 года назад +5

    I think you just need to remember this is the price where you’re jumping for joy before so you’re really just still back to the jump for joy day

    • @nelsonrichard2143
      @nelsonrichard2143 3 года назад

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  • @cpc6065
    @cpc6065 3 года назад

    thank you for your honesty. I thought you had cashed in the high 40s cents. No one can tell the future, but I am glad you are still up. Good luck and hope it goes back up higher for you.

    • @BeatTheBush
      @BeatTheBush  3 года назад +1

      Just gotta not look at it for a few years.

  • @jacejunk
    @jacejunk 3 года назад

    Thanks for being honest and transparent. I hope you get to feel better.

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  • @mcpthesetmaster2752
    @mcpthesetmaster2752 3 года назад +4

    Gotta remember in order for a millionaire to be made, thousands of poor people lost some money.

  • @Arvord
    @Arvord 3 года назад +9

    Lmao

    • @SilentProfessional666
      @SilentProfessional666 3 года назад

      Wtf bro, this is how u react to a downed man. Bro I only have $150 in Doge, good thing I’m poor LMAO

  • @sandycheeks999
    @sandycheeks999 3 года назад +4

    Elon lied to us all.💗💗💗💗

    • @BeatTheBush
      @BeatTheBush  3 года назад

      Naw, I think it'll work out.

    • @collinsh144
      @collinsh144 3 года назад

      Can't build an empire by night, read that again and think about amazon and McDonald's. Elon got 3 huge projects coming before the end of April of 2022 which means 🤑

  • @shekelmeister
    @shekelmeister 3 года назад +1

    I commented on your previous video saying it would go down. Here are some more advice. I expect it to go under 10 cents in the next 1-3 month.
    And the highest it will ever go again is under 50 cents. 80% of the "diamond hands" will cash out if they get the chance to break even again, they need the money for bills etc.
    I would sell either now or if it gets over 20 cents if I were you.

  • @moe214slj
    @moe214slj 3 года назад +1

    I like your honesty That’s why I watch your contact Plus you give me knowledge on a lot of things

  • @patrickbeall5440
    @patrickbeall5440 3 года назад +25

    Investing in bitcoin is the best investment anyone can do this season, because bitcoin investment has made a lot of people millionaires

    • @rechelgreen124
      @rechelgreen124 3 года назад

      I actually started investing in bitcoin before lockdown now I make profits more than I expected

    • @jodanbeal6950
      @jodanbeal6950 3 года назад

      You are on point

    • @williamkain8577
      @williamkain8577 3 года назад

      As a beginner how do I get started ?

    • @patrickbeall5440
      @patrickbeall5440 3 года назад

      @@williamkain8577 If you are a beginner, I will advice you to get connected to a professional trader like expert Aiden Wilson

    • @jodanbeal6950
      @jodanbeal6950 3 года назад

      @Anthony Chloe Yes, as a single mum, you can actually invest and make daily profit from bitcoin and use the earnings to take care of your children but I will advice you to invest in Mr Aiden Wilson bitcoin company, he is a good and broker

  • @guillermosanchez2783
    @guillermosanchez2783 3 года назад +1

    If you are financially independent, your still ok. Plus, you put your money so long ago that you didn't lose all that money. If you sell, you can still make a profit. Considering the number of people who trusted the champion of this coin. You're in an incredibly good position. Have a nice life!

  • @gabbylovey0809
    @gabbylovey0809 3 года назад

    Hold is Gold. Thanks for sharing. You’re a great guy!

  • @AlonzoCalPolyPomona
    @AlonzoCalPolyPomona 3 года назад +1

    I noticed all RUclipsrs who got greedy try to justify HODL with tax benefits of holdings 365 days.
    The hype will never return. Sad

  • @4wdaddict41
    @4wdaddict41 3 года назад +1

    You only lost if you sold