I Put $300,000 Into This Crypto (1 Year Later)

I put $300,000 into this lesser known crypto project, one year ago. Here's whats happened since.

I invested almost $300,000 into a crypto project that I think would shock most people. It's a project that most thought was dead, and most had completely discounted. $300,000 is a ton of money to me, it's a life changing amount of money.

Keep in mind this is just my personal take and what i'm doing with my personal money, not investment advice.
-----------

THE OBSIDIAN COUNCIL PREMIUM MEMBERSHIP

📝 The Obsidian Council Premium Membership Is CLOSED ❌

Join The Waitlist:

----------

THE NEVER DIE NEWSLETTER

--------------

AFFLIATE LINKS:

------

One To $1 Million CRYPTO PODCAST:

---------------------

SUBSCRIBE:

OTHER PLACES I'M AT:

--------

*IMPORTANT PLEASE READ: None of this is meant to be taken as any form of investment advice, it's just me sharing my journey to a million and taking about what I'm up to and the strategies and tactics I'm using to try to get there. I am almost always talking about tokens that I myself own and obviously have a bias toward seeing them appreciate in value.

Do your own research always! I'm a normal guy who makes mistakes and has made plenty so far during this journey. So choosing to blindly copy what I'm doing isn't going to lead you to just making a ton of money. I've had investments where I've lost EVERYTHING. I don't just say do your own research as a legal covering but because you really need to do your own research and make your own call. If you don't understand what you're investing in you can lose A LOT of money! Especially in crypto which is super super risky. A lot of the projects I like to jump in are really small crypto projects which make them even more insane risky. Past performance doesn't mean the project will do the same thing in the future, no one can predict the future and what will happen next. I'm pretty passionate about this, I am by no means a professional investor. I'm on my journey to a million dollars, I don't even have the experience to have made a million dollars. All this is to share my journey because I believe there is value in watching me both succeed and fail. It's my story I'm sharing with all of you, DO YOUR OWN RESEARCH and don't just blindly copy me😄

Also all of this info might be accurate at the time of me recording and posting but in the future things could change. Especially in crypto things change fast, so just be aware of that. Thanks!

I hold investments in the tokens I'm talking about unless I otherwise state I don't. Best just to assume that if I'm talking about it, I own it.

#Crypto #altcoins

[chrisp]

I think what’s amazing is you figure this stuff without the video, you are the video

[marlonp]

Finally the ohm update I was asking for. Thanks mate !

[orangastang]

So I watched the whole video and you never mentioned your investment lol. youinvested 300k, now what? What is it at? are you up or down?

[JustinKent-yh]

Thanks Jesse! Just joined the Obsidian Council and can’t wait to see what it’s about!

[maros]

Ive been a long time watcher, 4 months in the obsidian council... In the video you said that the loan ratio is 95% but in reality its a fixed ratio of 2892.92 DAI against 1 gOHM so if gOHM goes to 6000 USD then the loan ratio would be 50% i think this is the only drawback... i personally bought 0.8579 gOHM but only got a loan out for 2482 DAI by your video i thought i will get 95% of the value but that is not the case. But i still think its a good loan :)

Please correct me if im wrong or did something wrong

[TheAndrewMarx]

Whats the best way to turn my MATIC into POL with minimal fees?

[Chandehehe]

it doesn't add up to me, after the first time you spoke about this token I've invested $1000 in it (1056 days ago), cause I thought it was super interesting now is worth $125 which was THE worst investment of my life.

[thealigator]

What is the monthly nterest rate? If i borrow $10k for example how much is the interest

[kinfa]

So when you get a loan they give you dai from their tressury? What if they run out of tressury? Lets say the buy and sell (to keep the token safer) doesnt work out? Let's say I'm the guy who has more money than the tressury can support and I start selling/buying the token. The algorithm will start agressivly buying/selling and could run out of tressury. What's stopping 100 people doing the same?

[chungfaame]

So this all works fine until either you invest in some garbage that crashes and never recovers or gohm price starts dropping? (the latter might be less likely due to buybacks and insane cooler loan interest rates)

[xVetra-]

So my comment was deleted? I've wasted $150 in fees, slippage and gas due to the inaccuracies in this video

[r.v.]

Great strategy and vid, well deserved! 👏🏻
Any idea why Goon is printing all-time-lows (coingecko, not insider entires of course) whilst we are literally in the supposed memecoin-supercycle? 😅
Sure, any (especially micro-cap) coin can go to zero any time but the down only vibe in this environment is like surprisingly bad.

[aureliomoscoso]

Wait so if I had some Olympus Dao around 2022 and then forgot all about this after thinking this was another failed project... would I still have it?

[nabilpakrou]

Isn’t this perfect for the GT strategy

[quartamile]

What's "deep thick" liquidity?

[Generalpickaname]

Wait, couldn’t you just buy more ohm with the cooler loan, and keep repeating until you take over the world?

[Juyiro]

So you give them money and then they give you that money back to do whatever you want with them, but they are pretending that you actually invested money and then you earn money on that investment🤔

[roryoconnell]

I understand you wouldn't be "making" money off it like if you invested the loan in a favorable crypto project elsewhere, but is anything stopping someone from taking the loan, extracting the cash through a centralized exchange, and using it against a physical asset in the real world? Put in $300k in Ohm, get the loan for 285k, extract the loan to cash, buy a house, let the physical asset appreciate at a much lower "interest" (or flip the house, or AirBnB it, etc.)?

[TuanLe-eeov]

lol and what happen if ohm goes to zero again like it always doing since beginning, and akt also goes to 0. In a bull run yes, but u better take profit quick and this definitely not for a faint of heart lol

[ExilschwabeOche]

Is it even safer then Terra Luna?!? It's easy to see how to crash the system if one player only has enough cash to drain the treasury. Happened before. Funny...here we go again I guess