GOING ALL IN ON DOGECOIN: $2.5 MILLION DOLLARS

welcome back to the 52nd ever episode of the iced coffee hour my name is proto doge and i have made 2.3 million dollars with dogecoin that was incredible we got to keep that that was a great inch look at that that was so well this is unexpected this is a totally last-minute episode the first time ever that we're posting on a saturday instead of a sunday we had to get this out as soon as possible you hit me up andre like 20 minutes in advance and said hey are you home i want to stop by i have a guest i want you to meet yep it was none other than the dogecoin millionaire so i found pro on reddit i found your story it blew up it got to like 70 000 up votes yeah crazy i was like dude i did not think you would respond to me because i imagine your inbox was just blown up oh i learned my lesson i missed the forbes interview because i didn't know how to check my messages yeah so you got hit up by everybody business insider forbes newsweek cnbc nbc so i reached out to you and i was like there's no way this guy's gonna respond to me and i reached out i was like i love your story i'd love to connect i'd love to do a video with you you responded in like five minutes i'm all my i mean i'm on my game how about this you could swear we're just going to bleep it out that's fine we want you to be you okay yeah cause i cuss yeah yeah so five minutes later you respond and i'm like bro you got to come out now i gotta go see you and then i went to you to la to film that video which blew up yeah now it's got over like 600 000 views it's crazy it's insane and then and then i had a youtube channel and on april 22nd i screenshotted my channel before i met andre and it was at 200 subscribers right now currently i'm sitting at eight point five thousand graduates they're about to be ten thousand subscribe everyone go subscribe down below in the description do people love you they love your story and i think what people love about you the most is is not that you yellowed into dogecoin it's how you live it's so it's so frugal explain it because i have a feeling some of our audience doesn't understand the greatness who's sitting down in this couch right now explain your story and what led up to that reddit post which blew up and now you're making like two million dollars you're you're up a million dollars in the last like 24 hours 20 a million dollars so explain the story so okay uh i'm trying to figure out how far back i should go here uh as far back as you want yeah go back a year ago let's say yeah yeah okay one year ago um so i talked to andre about this but i make sixty thousand dollars a year at my current job and i still work there paycheck to paycheck paying my bills what do you do um i work at a hip-hop music media company so i actually do voice-overs i do video editing i do uh thumbnails graphics photoshop i pretty much do everything over there and i've been there for a few years now and so you know just living life regular but i've also saved money really well over the you know past few years a lot of people don't know that you know everybody sees what's happening now but they don't know what how i saved up 180 grand to begin with which i feel like that's the part we should focus on because everybody can save money if they do it the right way you know what i mean so had it in stocks had it in tesla had it in uber had it in carnival cruise lines shout out to jeremy i had it in uh i got a few other ones you know what i mean and then gamestop happened earlier this year and so i had never been on reddit a day in my life i literally got ready started researching gamestop realized this was an opportunity that things were changing and we needed to jump on there with the little guy and help out and go against these hedge funds and i actually put some money in the game stop i lost some money in the gamestop and once the craziness happened with robin hood when they you know disabled the buy button and you couldn't buy anymore i realized the system was just rigged like this is illegal they can't do this it's ridiculous so that's when i started looking at other ways of investing so while i'm on reddit i see a post where someone's like has dogecoin ever been to a dollar and i'm like what the hell is dogecoin and that's when i started researching about dogecoin found out about it and um yeah i did a bunch of just like my personal research combined with um some technical analysis of the graphs that i looked over the years and years and years and kind of saw how you know the moves were and i also created and developed this bullish thesis on it becoming the future of currency and how that can happen one day and like the possibilities of that and yolo'd my 180 thousand dollars into doge and in 69 days no kidding 69 days i became a millionaire what was the the main driving factor for your bullish thesis how much okay my main driving factor for the bullish thesis was i feel like three things i feel like it was the branding of dogecoin i feel like out of all the cryptocurrencies doge has the best branding there is like as far as memes and can i interrupt you real quick go ahead so this morning we were filming for my friday video and we went to unlv our local university here in vegas and he's all about branding thank you sorry that's one of the major reasons we were asking college kids have they ever heard about dogecoin right so we asked one and they were like a dogecoin or like doggy coin like oh yeah yeah that one so we got one to notice here but we asked like i would say oh we had we had one dude that was actually mad because it's dipping right now and he's losing a little bit of money dude we asked like 30 people and i would say maybe three of them knew what it was and we said dogecoin doggy coin dog coin they're like no i don't know what that is you like do you know crypto they're like not really yeah they didn't even know crypto though like you know it's a college student it's a college kid they don't have money to be fair that's the demographic though i feel like that would know chris to be fair when you were 18 and you were in college did you really care about money as i mean yeah we were exceptional like most people didn't really probably didn't care about that stuff like they would i don't i don't know when i was in college no one cared about investing aside from me no one did there you go that's what i'm saying they don't have any money and they're young it's like it takes time to start thinking about like this is my thing you can't think of investing until you have the money to start putting it places right right so if i'm living paycheck to paycheck i can't even think of it like if i think of tesla as an investment i don't even have the money to put it in yes you do you could have the money to get a free stock worth all the way up to 50 down below in the description when you sign up for public but back to the points uh so my point is branding my second point is community which i feel like a lot of people underestimate i feel like community behind dogecoin is probably one of the strongest if not the strongest in crypto um there's a backbone there right dogecoin almost had a cult following up until this year where people were along for the ride the entire way hodling diamond handing for years and this kind of like just happened and all of a sudden the world knows about it and it's one of those things where it's like the community aspect of it and just the camaraderie around dogecoin is incredible were you nervous though you sold everything right my understanding was you sold everything you took on some debt to buy this explain this what did you sell what did you take okay um i sold all my stocks and i also borrowed on margin which i don't suggest anybody does it's super risky and it was you got called out i did i did so what happened with the margin a lot of people are worried about this because like man you like your margin what are you doing about that so i paid it all back all of the margin that i bought paid back i initially had purchased 5 million dogecoins which means i would be up a lot higher right now than the 2.3 million but that was worth about uh 250 250k in dogecoin and the margin was 50 000 right i didn't really like i figured okay whenever robinhood wants the money back whenever i have to pay that back dogecoin is going to be up anyway then i'll pay less than what i borrowed right that was my thought process sure enough it got to a point where robinhood was like hey we want our money back so they force sold a million of my friends was that because dogecoin dropped i was getting margin called yep so what was happening was i bought it at 0.045 so whenever it touched it and went down it would be like margin called marginal if i'm not paying it back robinhood is going to sell all your stocks guess what i had no stocks so i wasn't worried i was like you can't sell my stocks didn't know they'd sell my coins but they did so they sold a million of my coins which equaled not only the 50k but i had fees and all this other stuff uh packed in which means the total amount they sold was seventy seven thousand so it was twenty seconds so you borrowed 50 but you paid back 77 000 how do they charge you 27 000 and that's like that's pained like more than 50 on your it's ridiculous there's there's probably technicalities there that i don't know exactly where they pulled it from but that's the amount they came to so they sold 77k which means my my 5 million dogecoin right now is about 4 million but the thing is this when i bought the 5 million i bought it at 0.045 right when robin hood sold it all they sold it at .055 so that that that difference in a penny means that same difference from the 50k to 77k so it ended up being about the same thing because my profit was about 20k do you see what i'm saying so it ended up working out for me so the amount that i have in those right now is all my money it's 188k bro what is the exact amount that you have in dogecoin right now because we checked about 50 minutes ago and what was what was the amount 2 million 230 000 that was 50 minutes ago let's see what it is right now right in a second but first we have to thank this video sponsor grammarly there have been so many times in my life where i've had trouble writing effectively or expressing myself clearly for example usually when we invite people onto this podcast it requires me to invite the guest via dm and i want to make sure that i don't come off weird and my writing is concise and accurate yeah i remember when i was a real estate agent it was really important for me to write my emails good really in cases like that it really helps to have grammarly premium grammarly is a digital writing assistant that will review any writing that you do and tell you how your tone comes off give you alternative vocab suggestions and help with your structure i know not everyone has to dm people trying to get them onto their podcast but grammarly premium can be used in plenty of situations such as checking in on your family sending recaps to teams in your organization or sharing big news with your friends i find myself using grammarly premium more and more as time goes on just because of how easy it is plus it's nice to know that when i do send a message to someone none of my intentions can be lost in how they receive the message on top of all this grammarly makes me a better writer which i think is a very important skill to have evaluate your writing with 20 off grammarly premium at grammarly.com iced coffee that's 20 off grammarly premium at grammarly g-r-a-m-m-a-r-l-y dot com slash iced coffee thank you so much grammarly for sponsoring this episode and back to the podcast it's at 2.7575 wow so you just made 45 000 that's a tesla you made a tesla in 50 minutes exactly does that not bot like does that not at least sleep at night yeah like do you see baby do you smell like a baby like my diamond hands are so strong that i sleep like an infant do you not worry that this could you could lose a million dollars and like overnight i don't think it would ever drop to that level but let's say it does let's say it drops a lot right i'm buying the dip so what do you think what money oh how would you buy the paycheck coming next week from work two thousand you're saying you put two like two three thousand dollars in doge with the paycheck yeah you would put your entire paycheck no no i wouldn't put the entire paycheck i would i would buy little by little but this is the thing though since realizing that robin hood didn't allow me to move my currency my cryptocurrency in and out once i realized that i was like okay that's it i'm not buying a robin anymore so why i went and got crack in started using that so since the robin hood purchase of 188k i purchased another three thousand dollars worth of dogecoin off a kraken and moved it to my coinbase wallet that three thousand dollars right now do you wanna see how much it's worth yeah i do i just wait so the two point three million dollars that's not all of it no sir uh my coinbase wallet that three thousand is not worth it [Music] so 37 000 that's 3 000 dollar investment that's crazy but don't you think that the dollar cost average just buying the dip is insignificant in relation to what you have in it it's like what is that okay buy the dip no that's true i'll tell you it's more of a personal reason so with me i don't know if i'm ocd or what it is but i need exactly four million dogecoins and at the moment in time i have three million nine hundred and five thousand dogecoins in my robin hood and i purchased sixty thousand dogecoin on kraken so i'm i'm shy thirty five thousand thirty five dollars so you need to spend another seventeen thousand dollars roughly to get to that yeah and i just wanna have four million so what do you think is going to happen today uh i think i think that has what's to oh today well today when this goes what do i think is going to happen today on saturday yeah today just to be clear we're recording this on it's thursday at 308 p.m yeah okay what do i think is going to happen yeah saturday the the rumor right now is that elon musk is he's going to be on snl and the the thinking is that he's talked so much about dogecoin that he's going to work it into a skit maybe he's gonna pay for something in dogecoin or put a yes dogecoin on the moon or something like that and just the mere mention of that is going to cause the price to hit a dollar and it seems like that dollar is the threshold where everyone wants to hit a dollar and then so the disagreement is some people think it's going to pump if he mentions it and some people think i happen to be one of them and i'm sure graham is too and jack well i don't know about jack but uh that it's gonna sell off and i think i think it's gonna sell off but why do you think it's not why do you think it's gonna pump the reason why i think it's gonna pump let's be realistic here i don't think it's gonna go to a dollar personally i really don't it's it's too you realize you just crashed the price i think it's gonna go to five dollars actually like the deep effing value of dogecoin yeah where like what you say will impact i think possibly in fact at least i think a few hundred people would take whatever you say is gospel and if you're selling you're selling if you hold they're holding you want to know something funny and and um how you mentioned uh deep value yeah so people on reddit call me doge value people on reddit also call me the doge father they also call me slumdoge millionaire and this is the story of the underdoge that's the reservoir doge so i get everything so you don't think it's gonna hit what do you think the peak is going to be all right if i had to take a guess right now elon musk is going to do a skit something about dogecoin saturday night live i feel like the price is going to rise from what it is right now which is about 60 to 65 cents i feel like it'll go to maybe 75.80 that's if i had to take a guess that's what i think and then what's going to happen afterwards it'll probably drop to 60 the next day but that's the day that's what same day sunday or yeah i think it's going to drop half the same day possibly but the thing is this i've seen this before i've seen doge go from a penny to eight cents to back to two cents then i saw doge go from five cents to 48 cents back to 25 cents to 20 cents now doge is that up to now doge is up to 60 65 cents if it goes up to 80 cents i see it dropping back down to 50 cents like i see this happening but it's always going up but since i've left here's the thing crypto has like these super cycles right like we get barely cycles and so if we dip again it doesn't necessarily mean we'll retrace back to 50 cents like bitcoin could go back down to 20 000. 10 000 for all we know and if dogecoin goes back down to say 10 cents five cents again do you really think that the people that are holding now the retail investors are they really going to like diamond hand it through because i don't think they will but what if i still do and you do but you don't think people would just off the strength like like if i if i'm in if he's in i'm still in i'm holding if it goes down to five cents you're holding yeah i'll hold but here's the thing if jack were up two million dollars i don't think he would be working here anymore if he didn't sell i would say like jack the goods because this is like you would fire me if i didn't sell it if you had two million dollars and you're just like i'm holding through it it's i'm i want a little more grabs like get the out get out no you're you're right i would probably deserve to be right at that yeah but you would sell you would sell because he's looking at you you would though you would though in the next few years a lot could change you could have a family you could want to buy a house like would you really be able to see your account of 180 000 is just chilling there and you're just like i'm just going to wait like i don't know if that's practical do you think we reached that peak already do you think from like it's down that's not the point the point is that from one bull market to the next it seems hypothetically easy to be like well it was worth 2.7 million and now it's 200 but i'll hold until it's worth 10. it's like it's not that simple to put it in perspective i just did the math on this okay you sold today today and you kept your job 65 000 dollars a year sixty that's equivalent to 31 years of income to get to two million yes that's the same what about 100 percent of it taxes and sales i didn't include taxes on either and that's assuming you saved 100 right saving which is important 31 years more realistic could be 62 years no no because i'm not counting taxes on the gain just as i'm not counting tax on that oh sure there you go okay so 31 years you're giving up potentially 31 years of your life to potentially get a little more aren't you worried that maybe that's now now we're getting into the greed category where it's like you were blessed with this moment i mean no facts and now it's like well i could get a little more and and you get a little more okay you're like i can get a little more get a little more i could still get a little more and you keep trying to get a little more but you risk every time you keep a little more you risk the whole thing going down 31 years no facts facts the thing with me is like i went into this from the very beginning saying i'm gonna hold for a year so like that was like i didn't expect to hit what i hit within 69 days i thought it was gonna take six months eight months i i figured eventually it'd go up right the fact that it happened so early kind of signals to me like this might be bigger than i had even assumed given the fact that i'm so bullish and it it exceeded my expectations of when to reach what i thought it would reach so now i'm just like wait is this the peak i don't think so i feel like we got some a few more months to go but what's the difference between two million and six million is that worth waiting a month i wouldn't risk it okay how about you jack i i realistically i would not risk it either i i'm sorry but i do think that 2.2 million or whatever that's way too much money just to leave back one more round of roulette yeah i would say anything above a million dollars that that's enough i mean that that is really enough give them taxes and everything because technically you'd have 600k like you can't really do much with 600k yeah i mean especially considering like the circumstances of your income like i said if you were making half a million a year that's a different story yeah but you're making 60k a year which i'm not saying is bad but in relation to what graham said that's 31 years yeah that's a lot no that's true that's true but i also have you know other aspirations in life i don't i'm not going to be at a job with this what would you do with that extra two million dollars but first we have to thank this video sponsor ladder life insurance just last night dogecoin was pushing 69 cents which means i was up over 15 000 on my initial investment of a hundred dollars it's moments like those that serve as a reminder of how beautiful life is and exactly why it should be protected on that note it makes sense why people get life insurance especially long-term coverage which is actually surprisingly affordable why not pay a little bit each month to protect the ones that you love if you're asking yourself this question choose ladder ladder makes it impressively easy to get covered you just need a few minutes and a phone or a laptop to apply and ladder smart algorithms work in real time so you'll find out instantly if you're approved and there are no hidden fees and you can cancel at any time and since life insurance costs more as you age now is the perfect time to cross it off your list so check out ladder today to see if you're instantly approved go to ladderlife.com iced coffee that's ladder l-a-d-d-e-r-life dot com slash iced coffee ladderlife.com iced coffee thank you so much ladder for sponsoring this episode and back to the podcast um after taxes and everything let's just say a million an extra million dollars in your account what would that do for you that would be more like okay i really want to buy my mama house okay that's one i really want to buy my mama a car my aunt is also really big part of my life and she's got two little kids you know what i mean and a family and they live in a not very good neighborhood so i want to get her house so i want to make sure my immediate family is good before i even get myself anything and if i'm taking out a million that doesn't do it the thing is it's like when you're on an airplane and those things drop down you got to put the mask on yourself first before you can no that's true that's very true you got to make sure you're in a position where you could do that and you're risking nobody is in that position now if something happens you could you got immigrant mentality bro maybe maybe you have a you have the potential to do that because what you could do is cash out now let's say you have a million and a half okay yeah 500 000 go and buy a house pay for it cash you never have to worry about it a million dollars put in the market every eight years that thing is gonna double so eight years from now you could pretty much i would say with 70 certainty have the full amount of money except you're playing it safer and you're waiting eight years and you can help them out with that money this is true i also have like i said other aspirations i want to start a record label of my own i have artists that i'm ready to sign and the music is ready and everything's been ready the reason i even moved to la was to get an artist sign that i was managing i was able to get him signed to a label within a year that fizzled out a few years later because you know issues with the label last year he left the label so now it's like i need to start this record label i need to get his music out there i need to put money behind that so that's one i also want my immediate family make sure they're okay i also want to start my own rap music media youtube page the same thing i do at my work and all these other things i do i want to start a brand with that i also want to run with the dogecoin millionaire brand merchandise all this other stuff you know what i mean like everything kind of i have big dreams and big ideas that i need money for to fund you could do all of that with one and a half million dollars you think so yes all of it a hundred percent savvy you can probably do it not only that but just to say you can't keep your current job right now and continue to make 65 000 in addition to the 30 000 a year that you're gonna make putting a million dollars in the market three percent a year you're gonna make almost a hundred thousand dollars a year just doing your thing with a paid off house you could save pretty much all of it got a big chunk of money in the bank starting a youtube channel you know music youtube channel like that that doesn't cost any money a lot of this you could do you could bootstrap it in the beginning do you consider yourself a full-time youtuber yes could you have a job right now no i wouldn't be able to keep a job if that went all in i worked full-time as a real estate agent first two years while i was still doing this but you're what you're doing i agree with the amount that you do it now correct no i i pretty much did i was working from like 8 a.m to almost 2 a.m every single day okay for first two years and i didn't quit well i i almost said i didn't quit but i didn't scale back on my career as a real estate agent well past the point where i was making a million dollars a year on youtube i kept the same level of enthusiasm and momentum selling like he's selling a house yeah as he did with the youtube channel okay it really it was not until uh covet hit and you know i was inside that i was like okay i'm gonna give youtube a hundred percent but do you feel like that okay given that time period did you see an incredible level of increase once you gave it your all yes that's what i'm saying i i want to be able to do that but you do that once once you get to that point like i wouldn't have just like say okay i'm gonna you know quit real estate to just do youtube like the youtube thing was already making double what i was doing as a as an agent my best year as an agent i was doubling that at that point yeah yeah the money you have now allows you to have the time to basically do that youtube thing to pursue that full-time career without actually having a job now if you sell now invest that money in the market you have enough money for yourself to not only buy the house but also have enough free time on your hands to build up that business that you want and on top of that if you moved yourself and your family over to vegas you saved so much money that's true i think you got to have the mentality that if you can't if you can't be successful with a music career while also working another job i think it goes to show you that like the people who i see really do well make it work while keeping a job almost everybody has done that yeah i see very few people be like i need to go in full force in the very beginning otherwise it's not going to work even the people who have created these incredible e-commerce stores from what i've seen they're going to school full-time yeah they're they're you know getting great grades in college but meanwhile they're working really hard on this e-commerce store and then only to the point where like that actually started making money doing really well did they did they transition that's true you gotta be able to do it two things at once to get it to the point where you could do that and you have the opportunity to do that already like i told you in vegas there's plenty of job opportunities for exactly what you're doing or you know we had an extra channel for example yeah that would be the extra income for you right there so you have the opportunity but even if you didn't take it even if you did go full in like like what i did when i started my youtube channel because i didn't have a job i just quit cold turkey that's all i did was youtube yeah like you still can do that this is this is true here's the other thing is you want to continue to the the dogecoin brand yeah that brand is only valuable if dogecoin stays as high as it is if dogecoin goes down to let's say five cents which i think honestly it's probably unlikely that you're ever going to lose money in this really i agree it is unlikely if it does go back down to even let's say 15 cents the dogecoin millionaire aspect i still have five months which is impressive but it's not the same as you making like two and a half million dollars could you make the point that if you sell now as a successful millionaire is actually yeah that was the point i didn't think about yeah well like now that you've realized being a millionaire let's say if you did sell it's like you're a success story that's been cemented in history but if you lose it then it's like oh that guy's an idiot yeah it's like he's forgotten about another one of those there are so many stories of people making it big but somehow losing just lose it all yeah there's more stories of that than people i think who have cashed out maybe didn't maximize their you know how much they could have made yeah but nobody's going to time the time yeah yeah yeah you got out well you made more money than most people make in a lifetime yeah a year yeah i think most people would look at that even if dogecoin one day goes to two dollars okay they would look at you and be like i wish i could have done that here's a great example and i don't know if you guys saw this tweet but this tweet goes around in circulation every once in a while right there was the guy i forgot his name he made it tweet and he was like damn it i'm so pissed i sold my 1 000 bitcoins for 30 cents when i bought it at six cents because now it's eight dollars and it's the funniest i've seen that and then it's oh yeah it was great yeah and then it crashed ninety percent down to thirty dollars and then then it crashed ninety percent down to a hundred dollars yeah and that's something you're gonna have to live with i mean yeah but for every person that says that about bitcoin there were people who said i'm so glad i got out of bit connect when i did yeah what's big big that was like the biggest scam in in crypto history or one of them but the thing is this you do you i'm not saying though the thing okay 2021 do you think that those things can still occur like they did back when it was a brand new thing and there were sites coming up and down like everywhere scams and stuff like that wait if that could happen again like the same type of scams that happened back then today they're still going on now oh all the time they're everywhere yeah okay by the way we we got a new one what was that one we had to block so by the way the new scam right now it's just a heads up it's the comment section the comment section yeah all right everything everything bad happens in the comments but we started getting all these comments like dude you should make a review on this on this one coin yeah bonfire yeah that was it dude check out bonfire i just made a hundred percent it's nuts and and at first i'm like oh maybe maybe i make a video on bonfire like this is crazy and so i put it in my notes bonfire bonfire bond buy and then i look at my uh my uh video and those are fake now all of a sudden they have like a hundred likes in a matter of like a few minutes i'm like there's no way they're getting real when you're getting 30 40 comments check out bonfire oh my god and it's different every week and then it's a student coin or long gate or whatever it is right right so i started blocking those things but uh even safe moon was one of those what about i was about to say that what about safe moon first we have to thank soundcore for sponsoring this episode [Music] jack you know we could hear that right what yeah you should put these on oh what are these these are the soundcore liberty air 2 pros which are actually the best pair of earbuds i have ever had let me just say these earbuds are absolutely amazing they have targeted active noise cancelling that you can toggle on and off super easily within the app and they're endorsed by 10 grammy award-winning artists wait a second how did you know that graham little birdie told me and they are the best alternative to big brands and in fact i actually prefer these to the big brands mother's day is right around the corner and there is not a better gift to give than the liberty air 2 pros i love using these things when i'm working out getting back to you guys in the comments section or just relaxing wait a second you're relaxing no no that's besides the point gram but anyways these amazing earbuds actually have here id which analyzes your sound profile and adjusts the levels to make it sound perfect for your ears plus they have six noise cancelling microphones so if you're out in public making a phone call your audio will come across perfectly plus they got up to 26 hours with the play time so either grab yourself a pair or surprise your mom with a pair of liberty air 2 pros with the link in the description trust me you will absolutely love these guys thank you so much soundcore for sponsoring this episode and back to the podcast yeah well i did a video about that and that was my conclusion and i was trying to be so careful about how i did it because it doesn't matter when it comes to crypto crypto is a religion most people don't research and that's truly understand it so even if you that's true if you told them to get out it's like the most offensive thing right interesting thing too is uh i did a video on bitcoin and there's a big difference by the way that that just like yeah i don't wanna call dogecoin a scam yeah uh so this just goes back to the mindset of speaking against something yeah and actually i do like dogecoin so i i love those in all the sincerity like i do actually like dogecoin i think it's fantastic but um i made a video about bitconnect calling bitconnect a ponzi scheme it was a scam and i went through all the math on it like there's no way this is sustainable there's no way and everyone that was one of my most disliked videos when i posted this like three something years ago and people called me out and they started making videos about my videos saying how i didn't know anything and there were like rebuttals against what i had to say and uh i got a lot of hate on that video what about then but it didn't yeah but it didn't turn out for like six months six months later it turned out to be this giant scam and you're right then everyone came back like oh my god you're right how did you know i'm like you just it's so simple it's like it's obviously it was riding on the wall this is this is a real question yeah because i'm i'm personally curious and i'm sure there's plenty of people out there thinking exactly how i'm thinking right now what do you think of big clout social media based around cryptocurrency explain it first yeah so what this is is that it's the concept of if you want to invest in a creator right now there's not a way that you could do that but big clout creates a currency that if you want to invest in me and you think that i'm going to get more popular over time you could buy my coin on big cloud and i would get a like a finder's fee of anywhere from like 10 to 50 of what you invest and the hope is that if i gain more popularity more people want to buy in the coin price is going to go up and you're going to make money yeah um right now there's no way to get your money off the platform so you put your money in oh that's a good one yeah i didn't know that yeah you put your money in big cloud there's your money's there i mean you can't get that right so let's say and i know some people by the way i know some people who have put in like a hundred grand i kid you not into big cloud and now they're worth in big clout money like five million bucks i kid you not that's right and they make there's no way for them to get that money out they didn't know that going into it they knew it going into it i would never do that well these are that's the way that that's way too risky these are like gambling your money what are you doing here's the thing these are wealthy people that would have been the equivalent of me going and being like all right i'm gonna throw 10 grand in this and see what happens yeah that's their that means 100 000. what do i think of it i i don't want to call it as i'm i'm highly suspicious of it and i have to personally uh my limit of how much i would put on and i have no money on there by the way but i would say i would make my own personal limit like a thousand boxes i would be comfortable throwing a thousand dollars on there and uh but but that to me is like a thousand dollars whatever somebody else a thousand dollars might be like their life saving so i wouldn't do that uh i would i would put in one tenth of one percent of your money in big clout and as an amount that you would be cons you would lose okay because i don't want to say that it can't be anything because i've been so shocked with a lot of things crypto like those doge is one of them you know bitcoin was one of them i actually told graham to buy doji really when you bought it when i bought it less than half a penny huge regret what month was that oh i don't know july i want to say literally a year oh so you got it off the tick tock wave yes yeah yeah there was like one tick tock that i saw and i had heard of dogecoin before it was called the dogecoin challenge yeah was that what it was called i don't even remember but i watched the video this was in my last video so i watched the videos hilarious so basically the whole premise is that there are 800 million people on tick tock and dogecoin was at zero three cents they're trying to get to a penny yes so he uh he did the math and said we could get this to a dollar if all 800 million people on tick tock each invested 25 and then we could turn our 25 investment into a 10 000 profit that went viral and the price of dogecoin went up 43 so on that uh i invested a thousand dollars oh yeah i saw the video europe zero three something cents today that would be worth something like a hundred and fifty thousand dollars yeah i sold it right after i ran at the podcast dude i'm gonna sell it i sold it uh that's so funny in hindsight i should have just left it in just because like but but then again i would have sold it 100 when i hit 10 grand there you go if i turned a thousand into 10 i'd be like that's good enough yeah yeah so i there's no way i would have held throughout all of this okay my question is how is all of this like meme investing going to impact real investing as far as like money retail money flowing from stocks into all these kinds of yolo investments is this i don't know i wonder how much the stock market would suffer if people are just like why would i put money in the stock market and have to wait eight to ten years for it to double if i could just yolo it into a safe moon coin and then have it 10x in a week like how is that going to impact the real form of investment i feel like it's going to get to a point where meme economy and meme currency and just the way memes are associated with currency in the future that it can't be ignored it's going to be a part of society but you know what i think in some ways i also think that's going to be the catalyst towards regulation from the government i think that's what it's going to take i believe that get taken down someone's going to get super badly hurt it could very well be dogecoin that's the catalyst for the government to be like wow look at all these meme investors they just got hurt yeah let's regulate the crap out of this what's going to happen is that the sec is going to argue that currencies are actually securities because right they found a loophole right now is that like when you buy a stock you can't buy something with that stock you have to sell it so you're buying a security you're buying investment in the company but when you're buying a currency that you could technically use for for a purpose of purchasing something that serves as a token it's not it's it's it's not a security so as a currency there's nothing that says you can't pump up a currency and sell it and so you're finding a lot of people right now legally promoting these currencies literally as an open pump and dump and there's nothing that the sec could do about it they will find a way and they did with uh ripple right with with xrp oh yeah they treated that as a security because they i i don't know exactly how they came to that conclusion it was something about how it was structured but they determined it was the security and the whole thing didn't they label some of them as commodities maybe that was yeah commodities yeah bitcoin they're like that's a commodity yeah so there's something like that so i think that's the next step because there's no reason right now that people should be we're seeing the whole wave of 2017 again with like the ice okay so that's another question i have i wasn't in the crypto space in 2017 i found out about bitcoin in 2017 when it was all over the news and i was like what is this thing going in 17 000 but back to the other point that we i made earlier about college because i have money to invest i had zero dollars so it made okay that's awesome i wish i could get in on it in some way but i have no money to do it so back to my job you know what i mean like that's what it was like and obviously there was that crazy crash right do you think a crash of that exact same magnitude is going to happen with this wave or do you think it's finally going to become a part of everyone's life and implement it in every day 2017 it was really just a case of how high can this go and 20 000 was what everyone wanted bitcoin to to go to everyone thought we're gonna wait till it hits 20k we're gonna wait and it hit like 19 970 dollars got a big dip and then it like barely hit 20k and that was like this big celebration of everyone's like oh we hit 20k and i i forget oh it was bitconnect went down and uh that really set the catalyst for a lot of cryptocurrencies it was a bit connect as well as tether yeah people started to realize what tether was all about and they're like oh wow it's these people that are pumping up the price of bitcoin with their fake fugazi money and uh to answer your question i do think we're going to have that crash again but people have been saying the world is ready for crypto that's what i sensed 2000 probably earlier than 2017. but given what we know now dude well the same magnitude as 27 because the thing is this i feel like more and more people that never knew anything about crypto has have started entering the space this year more so than ever before like i said in 2017 if you were into crypto you probably knew about it earlier on you're probably in the crypto like it's almost like a community right i feel like now this year is probably the first year that i'm seeing people say what is dogecoin what is like like people that have never bought a single cryptocurrency starting today you have to understand that most people that are buying these cryptos that have heard about it for the first time this year are not buying it because they understand the underlying technology they're buying it because they want to turn their hundred dollars into ten thousand dollars and so when it crashes those people are just as likely to exit as they were in 2017 regardless of how many people are in the market right you know what i'll tell you i have i have two lessons that have really helped me with this uh two thousand i've said the story so many times 2017 i bought into back at the time it was called rye blocks what the hell like i've heard of that yeah right box i i bought in i started buying it like a dollar fifty and uh then i started buying it like two dollars yeah oh yeah exactly exactly um but that was big back then ryblocks was supposed to like change the game it was like instantaneous transactions it was one of like the fastest cryptos out there with the team that like really seemed to understand what it was all about yeah and uh it that my investment went from like you know i think my average buying was like two dollars and something went to like 38 dollars ooh i was sitting on like a decent amount of profit and my thinking was i'm gonna sell it at forty four dollars because i think it was binance it was like the coin of the week or something yeah and every coin of the week it's like uh it gets listed on some exchange i think it was binance and so it was like 38 and i could sell instantly and just like lock in the profit i think how much was that like 60 grand so it's 50 60 70 grand and this was like three something years ago too and uh it's like you know what i'm gonna sell when it when i you know when it hits 44 and they'll be up like a hundred thousand dollars yeah it's gonna get listed every coin that gets listed that's gonna close up yeah guess what it comes crashing down went crashing 43 went down yeah yeah it crashed to eighty dollars no i'm kidding and i cashed out i need a whole bunch like no no in all seriousness um crypto started going down sold off i held on to it thinking that you know it's gonna get listed yeah never got listed had an issue the whole crypto market crashed that went down to i think at its lowest point was like a dollar twenty and you bought in at two dollars and something so i wrote it from let's say two dollars to almost 40 back down to a dollar what did i write i didn't sell uh nine dollars right now i'm still holding i saw i still have my investment in there believe it or not because at that point it was like i was so defeated that i was like it was more work for me to figure out how to sell that thing at a dollar so i just kept it and at this point it doesn't make a difference another thing too about 2017 so yeah uh what was bitcoin right before the sh the surge like was it about uh hundreds a thousand two thousand three thousand dollars yeah it was it was about two and a half thousand okay yeah after the crash happened how low did it get how low did it get 30 30 300 so it never went back that was a 2 000. no so if you essentially bought in at 2 000 but you were still up you can't make it equivalent from bitcoin and apply that to dogecoin like that's not necessarily how it works okay you can't be like see that that happened with bitcoin that must also happen with dogecoin because for for every coin that you know like bitcoin other crypto alts were you know they went lower than their lows but never to zero though right yeah but they'll never go to zero any of them like they don't go to zero because as long as there's one person holding it has some form of value okay it's not gonna go to zero i think we've done enough convincing him to sell out i think we should move past this all right i think you should try to convince us why we should invest in dogecoin oh that's a good one so so kevin he's going to try to convince you why you need to invest in doge and you should try to convince him why he should sell because he's up two and a half million dollars right now let's hear it so so so kevin you need to diamond hand this thing okay all the way to the moon because at the end of the day this is the way so when i look at it i see doge as the future of currency there we go okay wall street bets at the end of the day i feel like doges is the currency of the future i feel like eventually we're gonna have memes the same way we share memes to with each other for free we're going to end up having memes and matched up with currency and then i'll be able to pay you with a meme and then we're going to buy and sell memes is this so like nf team nft memes basically is that what you're thinking and then like doge is the underlying somehow some yeah in some way i feel like that's what's gonna end up happening and i feel like the fact that it's a hundred times better than fiat currency and the dollar bill and all that stuff um i really do believe that one day i'll be able to go get a haircut and pay my barber with a dogecoin now i gotta ask you why why would that barber take take the volatility risk why why wouldn't they take bitcoin which moves you know not as rapidly up or down or why wouldn't they just all right thanks for your doge and instantly turn it into usd and go buy some bread he could do that but if he's a smart guy he'll hold on to it and then that same amount of doge will be worth more in the future what do you got what's what's doge got over ethereum or or like cardano branding branding the fact that it's the most inviting coin the friendliest coin the the ease of use of getting into it like i think it's the bridge i think it's the bridge between the real world and the currency cryptocurrency world if somebody wants to get involved in cryptocurrency the first stop is doge so everyone's going to have some doge so maybe bitcoin is too intimidating but just that friendly door open come on in and it makes profits yeah and it's cheap too so somebody could get a hundred those coins for a very little bit of money as opposed to a percentage of 0.0008 a bitcoin so it feels maybe more tangible because you know what's 0.0007 of the bitcoin no no i got 10 dogs exactly it's a psychological thing for sure yeah okay okay that's also so what's stopping you from taking like look 300k buying yourself a house right now in vegas and just having that thing paid off just just having a little bit okay we could still run to 10 mil you know up your projection by by 20 cents or whatever but you'd have a house paid for it i could and that's part of the conversation we're having here you know i'm open to suggestions open to different options and taking out a little bit of money you know a little percentage here and there i could totally do and lock in a little bit of profit yeah see i already knew that because i have microphones where they are but hey that's the side oh they're there so uh what uh what what suggestions have you heard how much are you thinking about taking out are you gonna go 50 out you're gonna take out your original graham says a hundred percent sell just go just let it go now is do you believe that if you do end up selling it's going to hurt the impression of diamond hands i don't know and that's something we were talking about like it's it almost seems like in a weird way i'm kind of what everyone looks to when they're buying those because i'm that success story and who they look to so it's almost like i'm this person who's holding you know what i mean like diamond hands to the dollar and and if i can do it they can do it kind of thing you know what i mean you're the roaring kitty of dope roaring yeah yeah roaring doge of reddit i mean that's there okay okay so so why i mean are you posting updates on on this amount i mean does anybody need to know if you you bought a house you know you sold out 700 and bought a house real quick does anybody know i might i might feel like a little fake though i might feel like a little fraudulent well i i i maybe maybe but in some sense uh i i think everybody's scratching their heads a little bit wondering man well let me let me ask you this okay so hopefully we can be transparent about this what what was your income before this this doge your your annual like ballpark six hundred thousand dollars a year what were you oh sixty thousand sixty k twenty six hundred three no no no i make 60k a year okay okay okay and what do you do uh i do everything i do video editing i do narrations i oversee you freelancers yeah okay how many hours a week do you work at least 40. okay all right so so right now you're working uh you know what 40 hours times 46 weeks you got some time up you're working around 2 000 hours a year to make 60 000 after taxes you know maybe you pay 25 on average in taxes or whatever after everything so you got about 45k left over what's stopping you from taking 45 or 450 000 after taxes out a doge and going bro i just make a video about this i just game the system and in two months i just got 10 years of my day job of 2 000 hours a year for free you have the power to do that right now that is true that is true and that's part of the success story that i feel like people can look at and say you know what he deserves it you know you can take out a little do that you do that you still got i don't know over 1.2 1.3 left in doge fine up your price you know goal 2 to 3.25 or 5 whatever it's got to be to get to your 10 mil but at least before saturday dude you got in my opinion you got literally 48 hours to press a button do i want to guarantee i don't have to do sh for the next uh 10 years okay so you're saying you're saying you're saying take out 600k i'm saying take out whatever you need to take out to have 450 left to where you could say i got net yeah i guess i mean it'll be the tax will be a little higher so maybe 650 700 right because your rate will be a little higher take that out and then you make us you do a video about how you just doge just paid for 10 years it just paid for 20 000 hours of you doing nothing if you want for the next 10 freaking years you have that opportunity you want to become an astronaut in those 10 years you can freaking do it because of doge whatever you want to be in the next 10 years is financed by you pushing that button and just part of it not all out but you locking in those next 10 years right now facts and and essentially doge gave me financial freedom in a way dude it's the way you branded man look it's the way you brand it and i don't think there is a soul on this planet that is going to go on in the paper the only people who would do that are people who don't have any doge who don't understand who cares even when people say you lock in 10 years man come on man we don't know what this world is going to be like in 10 years but i'll tell you you're going to enjoy the next 10 years as long as you don't blow it all okay you're going to have to listen to graham and audrey so the last thing i want to see you do is go out and buy well i'll buy a tesla model s plaid and now you will go blow a fourth of it on a stupid piece of you know junk no don't do that i like tesla he was talking about wanting it he was talking about wanting it to go up an extra like 40 grand so he could buy a tesla no no no no no no this is you're going down a rabbit hole already you're this is very dangerous you came upon this money quickly you got to look at that money as if it's literally 20 000 hours of work and you lock that in don't let it be play money let the first 20 look at it in terms of hours let the first 20 000 hours of work seriously man the first 20 000 hours of work you just saved let that be guaranteed and then look after that you hit 10 mil bro buy your mama bentley and buy yourself three man i don't give a crap what you do dude you can do whatever the hell you want with the rest man but come on man max no you're absolutely right you're absolutely right man i love it thank you so much did that convince you or did that change your mind in any way i like i like i like the way kevin put it i don't know isn't it so funny how like we're saying the same thing we're just trying to say it in different ways yeah uh is she like maybe it's the way he broke it down and like out like hours of work and like you don't have to work these hours anymore just lock in at least a full two like 10 years or whatever the way he was saying it we calculated that you could lock in 31 years yeah 60 000 hours of your life or literally a lifetime if you wanted to yes facts no that's absolutely true kevin like man kevin's cool i like him yeah yeah kevin's cooler than all of us you guys are close jack's cool too you're real cool but kevin is really cool that guy could run for governor something he's got a great smile is that just so genuine every time i feel like he really like he's a great guy he is he's a great guy for sure he's cool what's your what's your plan right now i'm gonna have to like after this podcast i'm gonna have to like go to the side and like huddle in with like andre and put together a little game plan but i'm definitely thinking about doing a move by friday let's check your portfolio you were out there do you remember the exact number at the beginning of the podcast 2.13 we no 2.2 2.27 right yeah right now it's 2.289 oh there we go 19 000. yeah yeah 20 grand roughly 2.325 wow what two point three two five all right two point three two four two point three two four but will you take a screenshot on that yeah when we started it was at two so you just made like 50 grand or something yeah in like a second in a second well there's your tesla man how about you look at 50 grand there's your within the past hour i made 50 000 tesla bro take off 50 grand right now i'll take off 50 grand right now that's just your last hours of profit he just turned off the phone like a boss yeah he doesn't care he's all in wow okay well pro thank you so much for coming on this episode of the iced coffee hour it was great meeting you i'm in the presence of greatness your god amongst men thanks graeme thank you thanks andre thanks andre for coming back on introducing you guys really excited to see what happens uh because by the time this post on saturday yeah a lot will have changed and by sunday i have a feeling this is we're gonna we're gonna have some sort of resolution but something's gonna happen something is gonna happen it's sunday we'll put something in the description if any events happen look for it in the description we'll update the addition and we'll have an update you got to keep us posting what happens just go in the description and you'll see the latest update let's go what happened down to the hour something if you if you sell or something you just shoot us a textbook i got a description almost instantly let's do it let's do it oh and also this episode is sponsored by the clips channel so subscribe to the clip's channel it'll be down in the description thank you all so much so with that said you guys thank you so much for watching i really appreciate it as always make sure to subscribe because you haven't done that yet make sure to subscribe hit the like button hit the notification bell we'll put all of our information down below in the description get your free stock and with that said until next time it's coffee hour yeah my name is pro and so far i've made whatever and you can do all that 2.3 million