0:00 thank you [Music] so welcome back to a very special episode of the careful boys we're very careful boys wow and today we are talking about how it's been one year since the collapse of UST and Luna going does this Mark the out of bar so we officially a year now yesterday I lost 1.6 million dollars in a matter of 24 hours I lost 1.1 million but you guys it worked out in your favor though right in the end I mean how soon no it didn't clean but it didn't I mean my 75 investment is now gone so much worse right I mean let me tell you the lie that I made myself yeah last year I'm trying to help you guys out here no
0:50 I I appreciate this is how I appreciate it this is how I cope is um I learned to stand up and fight again but no in all honesty like I opened up jumbi in Hawaii right the whole point of that is because I wanted to test my ability in a different industry outside of Internet YouTube all that something that was foreign to me and also something it was I didn't open up a small shop it cost me close to a million dollars to open up small Boba shops you know they're a couple hundred thousand dollars um but I went Prime real estate I went hardcore I went I went I wanted to challenge my myself right I don't think I would have taken it seriously if I had a reservoir of that much money because I would have just done what I usually do is Outsource them paid it out your Solutions well basically because it's like if I can find a manager that has
1:40 way more experience than me then why really do all the things that I don't want to do okay I get to do all the fun stuff is I'm gonna pay a manager that does the operational stuff and maybe run it and then what I'll do is maybe the marketing and the videos and stuff that I'm more familiar with then I'm not learning anything but that drove me to a point where I don't have enough funding I gotta put every single penny that I got I'm starting over completely it just felt like I was starting over and um all I have we cashed you out a little bit of Luna though yeah like yeah you know what I had enough just so I didn't have to go too much into debt to restart again but because of that it drove me with the fire to like feel like I can't lose this and I have to learn everything so the pressure created a different mindset of like I
2:33 lost everything and now I have to begin from scratch and that feeling was actually so fun as weird as it is like I think like when you when you get to a certain point of comfort like there's nothing driving you like the way that when you first started going full time on your passions and then I forgot that feeling because it's been over 15 years on YouTube so then once that happened it was like oh this is what they mean by like challenging yourself to the point of I don't know what's gonna happen and it was so scary but I was like oh ████ I learned so much and then now I'm out of it and I'm like hey that's that wouldn't have happened if I had a cushion yep so yeah so you
3:23 guys were able to at least cash out your your initial deposits your principles though right nope well I I cashed out more than that because I didn't put that much in I put in 28 000 so I I got to 1.2 million and then I cashed out a hundred thousand dollars and then um yeah I saw the rest of it go to ████ I think you know to give myself a little bit of credit it went like 85 cents for a million dollars so yeah that's not that bad I wasn't able to cash out any of my principles so I just went straight negative oh um me too bro yeah so there's it definitely put me back maybe like 70 grand or something like that because that's what you put in basically yeah yeah that's for me personally yeah I lost a little bit more than that I'm down for this stuff I went I put in 300 I'm down 150 so let's go
4:14 hey dude I yeah put put 28 in but that's probably my downfall because I only put 28 000 in and I turned it into first time I turned into 735 000 with OMG what about the ethereum that was your first good run oh yeah well that was I turned that into OMG like oh the whole oh yeah yeah I was in total right and that was part of my ethereum to this and that and then okay move that into OMG right and then like watch OMG tank ass from 28 dollars to ████ 35 cents but then I bought some of that bottom not as much as I could have because me and Nikki were trying to buy a house at the time so like we're saving up for a down payment and ████ like that but then you know once um the market started coming back alive I knew enough just from watching the
5:04 ethereum uh Community sentiment to know oh man omg's still building stuff this is pretty awesome so when Nadine was here in this room and I was telling him I'm like I think omg's going to 10 bucks he thought I was a ████ wizard he thought like there's a day where OMG went from 35 cents to ten dollars and Nadine was like Steve Green's a ████ wizard I don't know how he does it and I'm like no no it's not that it's that I'm just paying attention to community sentiment the community thinks that it could go there and that changes things in your mind right sounds like wizard ████ to me yeah exactly but that that makes things the the it elevates the ceiling of something so when you hear a price of something right it doesn't sound that expensive if everyone in the community is saying they think it's going to go there so that's why I was like I think it's going to ten dollars it's just it's like price anchoring exactly like whatever your expectations
5:55 are it it won't shock anyone if it hits it and if you're in the mix with the community and you're paying attention to what people are saying you can you can actually come up with pretty reasonable price targets right problem with Luna it's just that I I got so greedy because I only put 28 000 in turn into one point ████ two million dollars and then it's like oh well I don't have that much skin in the game so let's just ████ go let's see what happens right yeah well when your expectation is 10 mil and then you're only 10 of it then mine was 2.5 I'll be honest I I really was like I'll get two before I'll get the ████ out but that was so greedy because because I told Corners I mean you did some phenomenal moves and you didn't cash out I know exactly but I told my Corners my crypto Corners right I was like hey look when Luna hits 50 I'm gonna unstake and when it hits 100 I'm
6:45 cashing out I didn't do it right I didn't stick to my own price Target right we talked about it outside I was in December I was telling you hey Steve I think I'm gonna cash out and then did I do it no I moved it into UST thinking that's cashing out that's that's another thing so then yeah so then um you know we get to the time where it's like oh man I could really just I remember Christmas time of 2021 I was like man I showed my mom my crypto portfolio and ████ on 28 000 investment she's like oh it's so sick you came back and all ████ but then I really should have maximized that ████ I didn't but then when Putin started firing ████ off me and Anthony are talking I'm like yo Anthony I'm gonna ████ cash out like 100 G's that's like a ████ I'm sorry I'm sorry I'm such a ████ and I I apologize to Anthony I apologize to my wife and I apologize to my father I was like I'm
7:35 sorry you guys married and raised a ████ because I am cashing out a hundred grand but I did and that is the only reason I'm still alive in this game right now which is wild yeah you learn from that though I was greedy I didn't listen I should have cashed out too at that time you know we were all up I know and I didn't know I didn't know what I didn't know right I just knew but also when you think long long game right like we're gonna be playing this game till we're 80 years old it's like when you see when you think about it that way like it's not so much like I needed this I mean I did but the game's not over I'm still it's like when when you mentally prepare for it you know that that's I mean it still hurts to feel the blows but that's almost like becoming a pro fighter right like if you're a pro fighter like me you
8:26 go into the ring and you take it like a man you don't expect to not get hit you'd be an idiot to believe that you're like like immortal like you're you're going into the ring and you've got it's a battle like it's like and tonight's a little different right because because like you know it's your it's your removed right and you know since then I was just like okay well you know and when this happened dude I lost a million dollars live right I'm doing I'm doing crypto Corner every night and I'm like okay well look we're just gonna do it again right that's all there is to it we're just gonna have to do it again and you know since then in the last six months of woo I'm up like ████ eighty percent and you look around the market and most of the smarties in the market they're buying s█████ things like Cardona stuff that sucks stuff that if you want to buy it and just ████ you might as well put a nail gun to your head what's the point why live if you're
9:18 gonna buy something like Cardona you can't even buy a ████ Equity stake in cardano there's so much Supply y'all are ████ done buying cardano but they clown on me those Cardinal guys they're like oh well Steve was in that Luna ████ and they're like oh cool dude well I'm glad I'm not you at least I went to ████ zero but I pulled 100K out what the ████ did you do with cardano you're down four percent I'm up 80 in six months at the same time you ████ ████ little ████ it is it is Delta to reflect like a year later when you are year removed because because you can kind of see like what you ended up doing after I remember and this is like some real ████ too right when when we were ████ up there was a point where I was like oh ████ my life's Gonna Change like the things that I was like putting so much time and effort all the dance stuff I was like there's no point because the amount that I can make off like crypto
10:08 and stuff like that is like 100x what I'm making in a year for like dance stuff so there was a part where I was like genuinely and mentally starting to transition uh you know away from my thoughts of my regular hustle and then I remember when we ████ lose it all that was emotionally like really really heavy you know to lose like seven figures in like less than 40 hours and nobody feels sorry for you thank you um no no I'm talking about us the greater us got it yeah it was like well cool you should have catch that you ████ idiots yeah exactly so so and you know people are ████ committing suicide at that time so you think you ate less yeah you had to really I remember having to talk to really close friends and they were just like genuinely be like Yo dude like you know at least trying to look at the optimism of it like hey man like you still got you know a lot of things going on in life like it's not over about blind you're you're coaching yourself to bounce back and then you're telling yourself you're like all right you know I'm gonna ████ I'm just gonna have to
10:59 kill it in regular life again now you're removed I can say that I'm actually like proud of like what I was still able to do outside of it I went back to like my dance hustle you know what kind of back to the foundation of like what it is that I normally do and stuff like that and I actually killed it harder in this last year than I have in the last like five years probably because I had this like back to the bottom like Joe said yeah there's just this huge just like this whether it be a part part pride and a part just like you know uh uh desperation like like your back's in a corner and you're like you have to ████ hustle hard to make it out and you feel like you've let down yourself you let you feel like you let down your wife you feel like you let down your family you know what I mean but a year removed I'm like oh ████ I really did put into play that fire and and I ended up having one of the most like you know intense hustles and hardcore success years that I've had in a long time
11:50 because of it so I'm thankful for it I'm not a ████ Millionaire right now like you should have been but you know it's like it's dope to still see that like you're not it's just money that's what everybody's telling you the numbers on screen and it hurts at the time but it's just money yeah man it's the numbers on screen until you cash it out but that was my problem right I put in 28 000 so I had a lot of leeway and I've been through so many bearings false sense of security 100 because it wasn't harder money yeah it wasn't I wasn't that state right like I was I wasn't that invested I loved this stuff already so I'm like oh I love this stuff and I ████ crushed it like that's awesome and I crushed it multiple times cool I'll do it again but I will do it again and I am doing it again but that's the beauty right here I am you're removed and I'm up on the market compared to most people like ████ 80 and and but that's the beauty of caring
12:41 about it loving it like spending the time on it but many people don't many people just stay in their stupid Investments and they don't pivot and they will never pivot and yes it's funny coming from me because I'm like adorned and woogier but the woo thing for me is just a commitment that I have to the space it's not about woo it's about like knowing that I know the process to get myself to the next place but I'm also not so ████ cocky that I don't sit here and go well we went to zero we went to zero we went to zero like I say it all the ████ time because it's funny like like I have to use both like you can't take yourself too seriously those people suck so what I mean in crypto you have it's like a religious cult so people have the coin but also there's the marketing aspect of it like they do want a value pump right so like if you're if you could get to the perceptions of people and then they
13:31 believe your coin is going to go to the Moon then you have more people joining the movement it's a price target for us it's almost like we believe in crypto but we're not loyal to a coin exactly because that's how it's like stocks like yeah people used to say oh stocks are a scam whatever whatever and it's like stocks are here to stay exactly but I don't believe in one company I think you should probably just be in the market though be in the market it's time in the market right so that's the thing it's like so here we are right it's today right the the 6th of May but like the market um is basically still alive and everyone thought this time last year it wasn't it was dead crypto's dead hey I heard crypto diet so sorry about that hey I heard crypto dead how many times did we hear that like the whole time we've been hearing it since 2000 what 12. well
14:21 since seven since 2017 big time because once that markets normies came into the game and the alts came in and then everyone's like well they're all collapsed so like you guys are ████ idiots but no it's just a beautiful honestly it's a beautiful um like moment of remembering what happened but also we're here at a one point ████ three trillion dollar market cap if you think crypto's dead you're nuts don't ignore it right like don't miss it either um so yeah how do you feel about it bro me yeah um because you're the most neutral Observer they're good yeah I don't know yeah I did but um I didn't put that much I think in total when it went down I only had like eight thousand nine thousand in there but I've only ever done anything you've said to do because I don't know ████ and uh the extent of my knowledge is watching what you guys
15:11 do and then listening to the reasons so I don't really care to extend it too much beyond that yeah you know but I felt like holy ████ this is a pretty big ████ thing that's happening to you guys but then you also said this isn't the first time it happened so I wasn't too worried yeah you know that's part of the game this one was OMG um that was like 800 000 for me and that went down yeah so you guys talking about that it didn't seem like you know it if this was the first time I would be like oh ████ these guys don't know what the ████ they're doing no but it's like but because it's the second time these guys really don't know what the ████ they're doing the thing the thing for me the thing I'll be straight up the same for me is just selling right because yeah because I really um you know make fun of me all you want for learning going to zero and ████ all right turn the small Model A Million
16:02 Dollars you want to pick them Steve I this guy is a millionaire uh multiple times and by the way Steve Steve's uh strength here is he knows how to pick him so he it's like you know it's not just those two coins he consistently picked out several throughout this journey where we were able to roll one to the other it did what he said it was gonna do but I think yeah we sold it to roll it into the ultimate right and in the ultimate prompt but the issue is I think I lacked the understanding of basic fundamentals when you when it comes to investing crypto was my Casino yeah and I'm just here you know what I mean like there's there's certain rules to investing after I failed I started studying it and I'm like okay so okay so it's it's pretty normal to take a little
16:52 profits incrementally as you go up you don't you know you don't want to be too um you don't want to put all your eggs in one basket because if there's Achilles heel or it gets taken down your whole wealth is gone and these are the basic principles that sound like duh but it's like age-old ways to protect yourself if you're gonna do something like this yeah and we didn't do it and I deserve losing it all for not following the basic fundamentals I also know enough about it to see how often it's went up for all of you guys and twice it's Dove so it's like I get the ratio and I understand enough to know what kind of an anomaly happened with Luna and that's not a normal thing that occurs with yes points it was very unusual yeah right but that's the thing you should be able to withstand a pullback and then still have like a bag
17:43 yeah there was no bag to be had that was a crazy mystery kind of type of model right and we still don't know what happened I'm not saying oh we know it wasn't a scam or anything like that Anthony's watch the Lakers game piece of ████ but um we you know I'm not saying we don't know I'm saying like we don't know enough to just judge and say what we know and that's the thing but everyone does on the internet but like the the the thing now right moving forward coming away from it the biggest takeaway for me is just that moment that I I thought I was the smallest the moment that I thought I was the biggest ████ I was apologies my wife and my father was the moment that I saved myself yeah I kept myself alive in the game and I hope you know and I know I'll remember that but I hope that people can kind of live to fight another day damn right but then that's how it was like right after that happened you were back to work and I was
18:34 still like all right what's next and he just went woo and I went cool 13 cents looks good look at it now like it's it's why you guys are the best the game just goes you know what I think also looking back I'm like the thing that where we were like working together in unison is also what ████ us because if one of us had the strength to go hey we should cash out at least 50 let's get out of here and then started that versus nah we gotta stay in I believe in it let's go let's go let's go yeah well that was you know that was the that was the thing about like the Putin thing as I was like Hey Anthony like we should just like you know get the ████ out a little bit but that's like 10 yeah like we should we should like you know what I mean like the hammer on it like there's no we're just so like supportive to the point where it's like oh you're gonna stand all right I'm gonna stay in hardcore hardcore you know well that's
19:24 the thing too is I'm like man okay well Luna this time last year it got attacked UST got attacked slipped the peg went to 80 something cents we rebounded right they they and since then they've they've strengthened it they have now Bitcoin 3.5 billion dollars they're gonna back it with but they didn't have the mechanism yet so they announced to the market how to kill Luna and then they challenged the billionaires to do it so funny yeah both and then we were like yeah I'm gonna chill I'll chill here yeah but at the time it was so it was such a wild time you didn't even know what the ████ was going on I was making 14 000 a month on staking rewards jeez I think I gave a ████ it's hard to let that go just off stage yeah that's a crazy insane it was a fun time man I plummeted it was freaking shooting like a goddamn Rocket Man the whole Market was spawning but us yeah
20:15 so you gotta buy them ponzis man you gotta buy the Posies [Music] foreign
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