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How marijuana penny stocks led DataDash to be a crypto YouTuber | Crypto Stories Ep.8 - YouTube
Channel: Cointelegraph
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So to kick it off from the start, when I was a聽
child, I was pretty happy and content with the聽聽
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way things were. You know, I had a loving family聽
growing up. But I think one of the biggest issues聽聽
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I had in hindsight was that I didn't have much聽
of a passion in my earlier years. You know,聽聽
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I was always okay in school, kind of getting聽
by, but I never really had anything that stuck聽with me.
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One thing I did try when I was a bit聽
younger is creating YouTube videos with my friends聽聽
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back in 2007. I made about probably a dozen聽
channels that ended up failing in the process.聽聽
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But in the fall of 2011, a teacher had noticed聽
my engagement and participation in the discussion聽聽
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topic we had in our social studies class.聽
And he kind of nudged me on the shoulders聽聽
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to watch the 2012 Republican presidential聽
debate. And I kind of thought to myself,聽聽
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you know, I'm not going to go into this with much聽
enthusiasm. Myself with politics, please. Like,聽聽
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I don't have any kind of passions, why would I聽
do good at this? So they started talking about聽聽
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foreign policy and down the list the same thing聽
over and over. That was until they went on to a聽聽
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gentleman named Ron Paul who shared a completely聽
different take on the issues. Looking back on it,聽聽
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I really owe a lot to Ron for leading me to where聽
I am today. So put it lightly, this event sparked聽聽
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a dopamine rush in my head, leading me down聽
a rabbit hole of studying things I wouldn't聽聽
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have even dreamed of learning about, such as聽
foreign policy, economics, finance, you name it.
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And a few weeks passed, I started diving into the聽
2008 recession, learning about the housing crisis聽聽
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and inevitably learning about the Federal Reserve.聽
I learned very quickly that due to excessive聽聽
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printing of new money from the Federal Reserve,聽
I had to start hedging myself, my wealth. Well,聽聽
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what little I had at the time. And funny enough,聽
I hadn't been excited for anything like this聽聽
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throughout my life. I can finally remember my聽
dad picking me up from school on my birthday聽聽
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as we went straight to the bank to open up my聽
first brokerage account so I could purchase my聽聽
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first stock. From there, I started diving deeper聽
into finance, investing in the stock market, and聽聽
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buying just about anything from risky marijuana聽
penny stocks to Chinese solar companies. I came聽聽
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across a YouTube video titled "What is Bitcoin?".聽
It mentioned promises of decentralization,聽聽
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mentioning how it utilized miners, minting聽
new coins to secure peer-to-peer transactions,聽聽
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which all the time really flew over my head,聽
to be honest. And this is where I made what is聽聽
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probably the most expensive mistake I'll ever聽
make within my life. Instead of going to the聽聽
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website to learn more about the technology and聽
what it offered, I, as a trader at the time,聽聽
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wanted to see if there was an actual market聽
to buy Bitcoin. And to my surprise, there was聽聽
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a website called Bitstamp. I found Bitcoin's聽
price feed on the website and immediately聽聽
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laughed to myself: "$3 per coin? Seriously? People聽
are spending $3 on some fake internet money?"
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To be honest, I had a genuinely negative聽
opinion on Bitcoin. I can't lie. I grew聽聽
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to becoming so skeptical of the financial world聽
after learning about the 2008 financial crisis.聽聽
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And to be honest, it all seemed too good to聽
be true at the start. But in February of 2017,聽聽
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I revisited its all-time high price of $1,200, I聽
read the Bitcoin whitepaper, and after about an聽聽
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hour it felt like a slap across the face. The聽
solution I'd been looking for, for all these聽聽
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years, was right under my nose. And the years聽
since I've been buying crypto and analyzing the聽聽
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market through my YouTube channel DataDash, which聽
has amassed over 500,000 subscribers globally.聽聽
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Cryptocurrencies are clearly a once in a lifetime聽
opportunity breakthrough innovation, and they聽聽
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will continue to impact our lives in miraculous聽
ways, similar to how the Internet or electricity聽聽
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reshaped our day to day lives. But if you take聽
anything away from this video, remember this: as聽聽
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you go throughout your life and you discover new聽
emerging trends and technologies in the market,聽聽
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make sure that you don't become your own worst聽
enemy. And what I mean by that is to always make聽聽
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sure you maintain a fresh perspective, always keep聽
open to new ideas. And on top of that as well,聽聽
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understand that even though you may not see聽
value in something today, that there still may聽聽
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be value there that is yet to be understood.聽
Who knows, it just might change your life.
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