Hearing Coinfessions

really important. Welcome to the Point Breo podcast. Everyone. My name is Guy and I am joined as ever by my faithful, long serving and long suffering friend, Mad Mike Mooch. We are again recording remotely me from Dubai once more. I'm I'm in London, Old gray London and you're in in sunny Dubai. That's how you say of it. That's how Terry Terry Tips said it. And that's how I like to say. Did you blay Terry Terry Tip what he was talking about? Um, you've had a busy week.

I have had a busy week, Yeah, I have. I was. I had a busy weekend. Actually I was. I went to a I went to an event, a Binance event at the Birch as well, sort of looking onto the Burge. And it was to celebrate Binance launching a regulated exchange in and UM and it was. Yeah, it was. It was pretty cool. There was a big old light show. There was a swanky sort of meet and greet with lots of important people there and well and some unimportant people there as well, like myself, And it was it

was great. Met lots of interesting people and highlight of the evening I got to not only meet but also chat with c Z, the CEO of Finance or or I think c Z as he's referred to in the unit, none of this C pronunciation. Yeah, and yeah, obviously c Z is Finance CEO, one of the most well known, recognizable and let's let's not mince words, richest people in crypto. And yeah, and then some and I have to say he was lovely. He was a very nice chat very unassuming,

very modest, very down to earth. You know, there was no there was no kind of a big dick billionaire energy sort of coming off him. He just yeah, he just seemed like a guy on a mission who was

very much enjoying himself. I think, yeah, wonderful. So yeah, it was, it was really cool and I got to Yeah, I sort of chatted with him a bit about Dubai and about Binance obviously, and I also got to ask him a bit about what it was like being him, because this is something that's always, you know, I've always wondered because I often think like being the CEO of a crypto exchange must be one of the most like, on the one hand, rewarding jobs in kind of every

sense of the word, and in the on the other hand, stressful jobs of all time because there's just you know, constantly stuff happening, stuff you having to deal with stuff. And it's one of these things, isn't it. Like the bigger, you know, the bigger the organization gets, the more the more eyes, the more scrutiny. Yeah, and just the more things to deal with, the more people wanting stuff, you know, and it's um so, but I mean again, you know,

he seemed c Z seemed very sort of calm. He didn't, you know, he didn't didn't seem like someone um who was you know, sort of meeting dozens and dozens of people a day and having to keep so many plates spinning or balls in the air or whatever metaphor you want to use. And yeah, it was great, and I mean,

he he had some interesting insights. He said, he's basically he basically now practice sort of five minute meetings, which was pretty good, you know, none of this sort of preamble, let's just get it done, five minutes, right out the door, off we go, next thing. Um. And he did reassure me that he manages to chill as well, you know, get some get some sort of time off. He's a billionaire,

of course he's of course he's manages the chill. Well, yeah, you say that, but I mean again, I think he doesn't have to come home and do the laundry, do you know what I mean? He doesn't have to come home and go, what am I going to cook? Oh? Yeah, my cook will do that. I'm a billionaire. Um. And he's just he's reduced all his meetings down to five minutes. So it's kind of like I'm assuming that's in his personal wife as well. So it's like, speak to his wife,

you've got five minutes. Five minutes just cuts her off, right, that's it? Yeah, well, you're right, but I mean I often think like that, the richer someone gets, the more the more demands there are on their time. Surely, you know, and I'm being silly obviously, but but no, I he yeah, I think he I think you're right though, because at some point you go hang on a sec I'm a billionaire. I don't have to do I'm no, I'm going to the beach or I'm taking the private buying a beach.

I'm gonna I'm gonna go and build a space rocket for a little bit um, have you. That's why I want to know how does he fritter his money? Because how people spend their disposable income and and and you know, waste it to to degree, there's always an indication of the type of human being that they aren't, you know what I mean? And I want to know what does he do with you know, like, how does he enjoy spending money? Or how does he what? What? What is his outlook for it? Is he got you know? Does

he like to gamble? Is he like like does he collect handbags? Is he a warhammer enthusiastic? I want to know these things. And I don't think you ask those questions. I didn't ask those questions. I didn't feel it was the time of place to ask him if he was a gambler or a collector of handbags. But do you

know what You're right? What are your ultramarine collections? Like in Warhammer three thousand or whatever, we do you know what like the worried, the worrying, That sort of situation is that you ask someone a question like that, you know, kind of tongue in cheek, and it then turns out they're a massive Warhammer fan or something, and you get stuck in the discussion. And I mean, I know I

know nothing about Warhammer. Do you know what my next time I get the opportunity to speak to someone like that, you know, to speak to someone at that kind of level of wealth, which I hope I will. I will, I will try and I will try and ask that question in a in a slightly more nuanced way. You know, how do you? How do you? Or what you could do is just put them on the spot and just say, hey, look I need a million dollars. I've got a very very sick puppy and this he needs an operation that's

it's going to cost a million dollars? Can I can I borrow that off you? In front of everyone who's going to have like be like yeah, cool or no, just just make This is why people don't ask me to interview them. I think this is why you get interviews with ces and I'm interviewing you basically, you've got the You've just got the scraps from Caesar to table. I don't get interview Caesar, but I did get to speak the guy who has spoken to so I can

get it a second hand. Um. Yeah, yeah, no. But perhaps you're just perhaps you're just too direct for your own good Mike. You need nuances, you need to be able to know they can't handle the scrutiny of my of views. I asked the tough questions. You're the sort

of Jeremy Paxman of the space that's grand inquisitor um. Anyhow, I was I was very conscious at the end of last week's episode, Mikey, that I'd kind of bummed you out a little bit with all my sort of talk about post merge problems for Ethereum and the crypto market in general and just the world in general. You were I I felt by the end that I managed to

bleed a lot of the enthusiasm out of you. Well, I've forgotten about it until you just brought it up right now, So thanks again for bringing that darkness back into my psyche. I'm just I'm relying on your goldfish leg attentions man gotten in about five minutes time. Was that my my, my, my acute a d h D. What are you going to cheer me up with this week? What we got? What we're talking about? Well, I we'd I thought we'd take a little bit of a different

direction this week. Um, there is a Now, as as I've said many times before, and I'm sure you're aware as well, crypto Twitter is kind of is, you know, is the big sort of meeting spot, towns Square or whatever they call it for the crypto industry. And you know this, it's it's kind of central to I guess the agenda of the crypto industry in a way. You know, if you want to if you want to have an idea of what's going on in crypto, you need to be on crypto Twitter. Okay. Now, the problem is that

there's kind of there's a there's a few problems with this. Basically. One, crypto Twitter is like a lot of other places of Twitter, it's uh, you know, it can be an absolute cess pool sometimes people going out of their way to be their very worst selves. So there is that, So there is you know, that kind of downside to it. Although it has to be said, there are lots of very cool and you know, very smart, very opinionated people there, but sometimes it does descend into a bit of a uh,

you know it all gets modest, Yeah, exactly. Yeah. And of course Twitter itself, the app, I don't know. I don't know if you find this in comedy Twitter or whatever other sort of incarnations of Twitter that you're on. Um, but the app itself is so full of bots and spam at the moment that it can be it can be almost unusable at times. I think this may be a problem that's particularly acute to crypto. But I mean, how do you find using Twitter these days? Um? Well,

I I no one, No one engages with me. It's just like shouting into an empty room. Really, But I think no, I think I think you're on on on on on accounts such as yours, where there are people who are looking to it all the time for you know, for for update and news and stuff like that. You are going to be targeted by the bots, which are definitely only five and after Twitter and definitely not not more than than that. Then then yeah, you're gonna you're

gonna get get stuff like that all the time. And I suppose it's it's it's a testament to your success. Really if you don't have a lot of bots after you know, what is a crap about what you say? That's that is the price of success. You can either be you can either be ignored or you can just be botted and spammed into into oblivion. That there there is no middle ground. Yeah, um, you know, it's you're you're you're right in in a lot of ways day,

you know. And and obviously it's anyone with anyone with a sort of largest following on on Twitter, I think probably experiences this in one way or another. But yeah, crypto Twitter, I think is is can be particularly bad from a sort of botting and spamming point of view, obviously because of the associateations that the crypto industry has.

How I was going to ask you about I was going to talk about the pound as well, but I think I think we just better not go there, head we It's just it's just we don't want to start depressing ourselves again. But yes, so anyhow crypto Twitter. Now, I follow obviously a lot of people on crypto Twitter, a lot a lot of different accounts, but one of my absolute favorites and one that I think one of the few that I religiously look at every day is one called coin fesshions um and it is, according to

its own bio, anonymous crypto confessions. And it's curated by another account called illustrate Alpha, which is kind of trading more of a kind of trading focused account. UM. So for anyone interested at coin fessions is the handle of this particular channel. Now it does very much what it

says on the tin anonymous crypto confessions. So this is a place where people go and you know, they can they confess, they talk about things, um that they talk about their experiences in crypto that they wouldn't normally, you know, they wouldn't share with the wider world. Um. And obviously, as I say, they're anonymous as well, it's you might be I don't know, you might be familiar. I think there's a there's a sort of more mainstream one on

Twitter called the First Hole. Yeah, yes, yes, there's a there's a few like that. There's there's First Hole. But yeah, over two coin fashions. There's loads of these on the on on the Internet, and some of them are hilarious. I always wonder about the validity and the the you know, the origin of these is it's one guy making these up. Some of them are so detailed and it's so so so niche that the kind of thing maybe maybe they

are maybe they are real. Yeah, yeah, it's it's an interesting point because yeah, like I say, I I check this account every day and obviously it pops up in my feed all the time. But yeah, you do sometimes think like that, can that really be true? Or is that you know, is that someone is that somewhat sort of just kind of saying what they think and all this sort of stuff. But yeah, yeah, it's it's it's people,

It's it's why it's certainly moderated coin fessions. I think probably things like fest hole and stuff are as well. But yeah, I think the moderators of coin fessions seem to have I think a pretty good eye for you know, for for the for the fake stuff as well. But that said, you know, I think we have to treat everything that that we see on it with a with a pinch of salt, if not more. But do you know what, it's something that the reason I like it, there are kind of a few reasons why I like it.

I mean, sometimes it's just outright funny. I have to be honest with you. Sometimes it's just outright bleak as well. Some of them are really you know, a bit a

bit distressing. But it's I find it a really kind of helpful dose of reality sometimes, um, because I'm I think I'm like most people in that when you know, when you get stuck on Twitter and you just find that time has evaporated and you've been on there an hour or something and you only went on to check and your sudden you suddenly just immersed yourself far too

much in this world. And I I find coin fessions can sort of help drag you out of it sometimes, and especially when you know it's perhaps most pertinent when it is it is your knar can to to the Twitter fent and all world. Yeah, exactly exactly. Um. So I do find it a good sort of dose of reality. It's it's particularly good when you know, when markets are pumping, when everyone's you know, when there's too much kind of irrational exuberance around, um, and everyone's kind of losing their

mind a little bit. The coin fessions is good for kind of dragging you back to earth. But anyhow, like I've been kind of. I was scrolling through it because I thought we we could touch on some today, and I thought, actually, some of these are I think there's a lot that we can learn from them. I think there's a few lessons that you can take from some of these, and you know, as well as as well

as sort of a bit of comic relief in places. Um, I think, I think, yeah, we can we can definitely take some take some good els from some of these. So I thought we'd just go through a few, um and yeah, and see what see what we can learn? What do you reckon? Yeah, okay, well let's do it. I like, I like stories, and these are all little

mini um captions characters, characters, stories. Yeah, that the way they do it, they do it with, they do it with a sort of Obviously, the tweet itself is limited in characters, so that tweets will generally be a little you know, a summation is this longer than I'm out, But they post them in a you know, in a picture box, are written out in so but yeah, the accompanying tweet is usually sort of a very pithy, you know,

a very pithy round up off the tweet itself. Anyhow, I just sort of went back in went back in time, starting with some of the most recent and then you know, back to a few from earlier this year. UM and I thought, we just go through and and and see what see see what we can learn from them. So this this is from one day ago. My body had his entire wallet and n f T collection stolen via a fraudulent minting contract. He was super downbeat as it was a lot of money, and watched as the scamma

began listing his n f T s on marketplaces. Then a creator of one of the n f T projects he brought into purchased a bunch of the lost n f T s and returned them to my friend, throwing in an additional free one for good measure. It makes me feel so much better about this space, knowing that there are good people building and trying to do the right things. That's That's a lovely story, man. Yeah, it's not. This isn't it. There's a lot to take from that though.

I think there's there's there's a lot contained in that. UM And I think, firstly, yeah, it's absolutely right. There are I think I think there are the majority of people in crypto are good intentions. They are there there for the right reasons, and they want to make the world a better place. And you know, people building these n f T projects or these other crypto projects coins or tokens or whatever it is. I think the majority of them have have you know, are doing it for

doing it to do good. And unfortunately the fact that there are bad actors out there tends to that obviously tends to hog the headlines. So for me, it was really nice to be reminded that there are good people out there. Yeah, I mean it's yeah, it's like the real world really, isn't it. It's just the real world. It's just a it's just a a section cross cross section of the real world. Um. And yeah, I'd like to know who that guy was, who that that an FT artist was, because I'd like to to go and

support them. Things like that are lovely and it's kind of like it's like you get sort of Facebook pages like that, the Dodo and stuff, and they just they do nice things and you end up just crying into your smartphone thinking about how lovely some people are. It's like when you see those deaf kids, uh, and then they they get a hearing it for the first time, and and then they can start hearing and you see their their eyes just light up and they know it's amazing, lovely, lovely. Now.

It is nice to be I think, because you look at the news so much and you just see, I don't know the news at the moment. The news all the time just seems to be people being dicks to each other in various inventive ways. And it is nice to be reminded that there are good people in the world and not everyone is not everyone is bad intentions,

it's just just people, and people in the news are um. Yeah, and I think it does say it does have some pertinent stuff to say, you know, to remind us about just unfortunate really how many scams there are out there, you know, and you know these scams are getting more and more sophisticated, and even kind of experienced crypto users are and sometimes even developers are getting almost caught out.

I saw I saw a really scary Twitter Twitter thread a couple of weeks ago from a developer on a crypto project, and they were basically targeted by scammers, and they laid out in this thread, except the scammers whole emm O and it was so sophisticated and so realistic. And this this guy, as he was going along, you know, just he just kind of spotted a couple of things

that weren't quite right. You know. I think there was a spelling mistake in there somewhere, and there was something, you know, something, there's something about the tone of one of these people that said it was a really really sophisticated attack. And this guy was this guy said, you know, I only I only escaped it by the skin of my tea. It was just because you know, there's this couple of little errors went off and something didn't feel right.

It's good to be reminded firstly that there are good people in the space who, you know, who want other people to have a good experience and who want to push back against these these scammers. And also it's it serves as a good reminder that scam scammers are unfortunately so prevalent at the moment, and the only way that we can be um, the only way that we can battle against them is by is by being wise to what they're doing. And also, you know, the good people

sticking together as well. Yes, so I thought that was that was a nice one to start off with, a fairly kind of a fairly recent one. Let's go on, and now we'll see a few through lines. I think through some of these tweets as we go along, because this one from a couple of days ago, or from you know, a couple of days from when we're recording this. Uh so, this one also involves n f T s. Last year I made around one hundred thousand dollars just by copying a well known influences and f T picks.

Bought my parents a new car, gave money to my brother, helped friends make money the same way, brand new stuff for myself, and made three n f T projects which I've dumped around twenty dollars into. All of them failed miserably. I have one left in my metal mask. Well, I mean, look that, like, there's a lot to be learned from failure. There's a lot to be learned from Look, he's still up.

He's he made a hundred thousand dollars and then he you know, bought lovely things for himself and his family, and you know, gave his brother some money in and you know, his parents still have that car. And he's gambled again. Or or invested and taken another risk on some projects. And you know, he's not lost anything. He's up still. But and he's also got the experience of Okay, cool, Well, I've I've got burnt with with some some projects that

have failed measurably. But I'm sure you've learned some lessons from well, I hope you've learned some lessons from from investing twenty thousand into into those n f T projects. And you know, maybe that maybe that you know we're in we're in a slump at the moment. Maybe if if you if you hold onto them, and I don't know what those projects are when when when the markets pick up, and if the idea was good, then then it may become good in the end, you know, you

never know. Yeah, yeah, be positive about it. Gained some insights from from from your mistakes and that and then therefore don't make those mistakes again. And it's not a mistake, it's a lesson, Yeah, absolutely absolutely, And you know everyone makes mistakes, but it's it's the people who it's the people who make the same mistakes over and over are the ones, you know, they're they're the idiots out there, I think, Yeah, this guy, this guy or whoever it is,

has done, has done really well. They're they're definitely still up, and I think really for them it's perhaps a question of learning to quit whilst they're ahead, which I think is something that many many people in crypto and elsewhere

really struggle with. I think because going through a lot of these looking at a lot of these tweets, it's always staggering some you know, some people it's like I was up this much, or you know, I I got to this much, and they just never you know, so many people never take never get off the ride, never take profits, um never quit while they're ahead. So I think that's a that's a good lesson to learn from that sort of tweet. You know, when you're up, you're up.

Don't be as as the saying goes, no one ever went broke taking profits um so. And I think as well, like there is that sense, you know, I think, but where the sense of oh that was pretty easy, you know, I'll give it a go. It's like I think you need to. I think you sometimes need to know your limitations as well, be like, Okay, I got lucky on this. This well known influencer who's n f T picks. They

you know, they followed. It's like, okay, we've got to we've got to admit to ourselves that there was luck involved here, perhaps as much as anything else. Don't let's fool ourselves that we can somehow necessarily recreate that. You know, again, quit while quit while we're ahead. Yeah, I mean, but it's easier said than done. I mean, like when when you've got that that that that sort of adrenalinine Russ, You're like, oh, wicked I am. You know what, I

probably should have been a trader. You know, you've made too, You've got lucky you go, you know, I'm really good at this. I probably you know what if I I just you know, watch Full Wall Street one more time and figure out what penny stocks are all about. I've got this absolutely And it's it's funny you say that, because that sort of leads on to the to the to the next tweet that I doubt. And again, this is something that comes up a lot on this channel.

Quote I'm a terrible trader, just really really bad book folks. If you're if you're listening to this, that is this is probably one of the most important lessons you can learn in crypto. I think it's like, do not convince yourself that you are a good trader, because the chances are that you're not. It's um yeah, and again there are so many tweets across coin fessions. You know, it's like, realize what a bad trader I am or you know, trading I try to trade X y Z and ended

up with diddlie squad, you know. Um. And it reminds me of something that's often attributed to Socrates along the lines of, you know, true wisdom only comes when you admit how little you actually know. Um. And yeah, I think I think if you can come to that realization that you probably aren't the hotshot trader that you might think you are, your life will be immeasurably better. Um. Because from what I've seen of trading, you know, it

is it is so damn hard. And the good traders out there that there they aren't There aren't many of them, um, but they do exist. But you know, the really good ones out there, they have to it's their whole lives. I think, you know, they have to spend their their

whole life. That's what I was gonna say. It's kind of it's it's one of these things like if you think, right, I'm going to be a trader and you see someone on Instagram telling you how it's going to be amazing you do this, and and they're living the life, and you know they're they've got they've got the flashy cars and they're out in the clubs and stuff like that, they're not a trader. Like to be really good at something, you have to do a lot of work and a

lot of practice to really understand it. And if you really don't understand what a candle is and you think you're a good trader, you're you're not. And you have to like live and breathe it. And you know you may be on your on your on your exchange Apple or checking with the markets every three or four minutes, but that's also not a trader. Like someone who is a trader is they've got screens up there stressing about it. They're they're they're they're thinking about what else could be

influencing the market. Their second guessing people like the mind, the hive mind, and that is it's it's impossible to do like and even if you do all of that and you are, you're living and breathing it. Something can come around out of nowhere and just completely nut make you and you're you're done. Yeah, And of course you know, no one can, No one can predict the future. There is no no amount of technical analysis or you know, any other sort of any other sort of macro analysis.

You know, you can be you can read everything and make us look at as many models and charts as you like, but you won't see the thing that's you won't spot the unexpected, the bolt from the blue, because no one does. So yeah, you're absolutely right. And I think I think one of the reasons why, you know, trading has become it's such a kind of popular thing. And this isn't just this isn't just the case with

crypto as well. You know there are people say trading stocks and trading currencies and all this sort of stuff, you know, fear occurrencies. I think the perception has been for a lot of people that trading is kind of, oh, an easy way to make money. It's like, oh, yeah, yeah, you know, you just buy. You just buy when it's low, right, and then when it goes up, yeah, that's when you sell. And that I can do that. I was I've got it wrong. I was doing it the other way around.

Ah well okay, well you know you're you're already you're already on your way to becoming a better trader after that. See now I know now I've got the knowledge. Yeah, yeah, there's no stopping you now. But yeah, I think for a lot of people it was it kind of perceived as an easy way of making money. And yeah, it's really not like the good traders out there, they you know, they are kind of they're switched onto a twenty four seven. It's it's relentless. It's not something that I could do.

It's not something I would want to do. Really, you know, it doesn't it's not nearly as fun as it sounds. I think like that, and I think even the really something but to to to them, to the ones who live and breathe it, it probably is. Yeah, that's true,

do you know what I mean? So like that, like and if that's what you enjoy and you you you get the bug with it, and it's like wicked cool if you're having fun while you're doing it, if it's all encompassing, and you know, it's it's kind of like what you wake up you want to do as long as you know you're you're, you're not ruining your life by loosening everything you've got, and you're you're, you're, you're, you're doing it within your mean and and you know,

making good trades and learning from bad ones. Go for it. But it's not fun to to a lot of people like looking at them. It's boring. It's I understand that if if I understood it, and I understood the game, maybe i'd be into it. But even getting to understand the game is too far out of my sort of attention span that I know, right, cool, Yeah, leave it, just copy copy someone else, yeah, or or do something that that's not trading. Yeah, it's um. I think that.

I mean, there's a good rule for life, isn't there. It's that I think at some point in our lives we all come to the realization that we are cramped at something probably most things, let's face it. And I think, you know, as we both as we both hurtle towards forty years old, you know, I think that's certainly going to increase. You know, you're only going to become aware

of how crap you are more and more things. And I think for me it's I find that quite liberating in a way, because it doesn't mean that you can't necessarily enjoy something. You can still be crap at it and enjoy something. But I think, I think having that realization that you are indeed crap at it, I think

that's an important stage for anyone to go through. And I mean it's something that I've been self self awareness is is a really really important trait to develop, because if you if you are living your life thinking you're something you're not, it's it's just setting yourself up for failure. And people are people are aware. You may not be, but other people will be, and eventually they'll tell you if you're lucky, if you're lucky, yeah, yeah, Otherwise they'll

just let you blunder on. I I came to the realization two or three years ago that I was really not very good at poker at all, you know, but I enjoy playing it and I occasionally have a bit of luck, but I'm really I'm I'm not good at the game. I don't have the skill for it. And I was thinking, you know, I wish, I wish someone had told me that, And then of course I realized that I had been told that because people were always quite willing to play poker with me, and I was like,

I'll play with you, guy. We could we could play. We could play right now if you like, guy, people are telling you, you're just not listening. You're not hearing the message. It may not be telegraphed to you with you are terrible at poker, but it's like, hey, should we play for something a little bit? Should we make this a little bit more interesting? This this this week? Guy?

Should we should we up the anti Yeah? Um, yeah, no, it's true, but yeah, anyhow, going back to the tweet, Yeah, I'm a terrible I'm a terrible trader, just really really bad. There is there is an instructive one for sure. And again like there are so many coins, fashion and entries like that, you know, just on the theme of how bad most people are at trading. So bear that in mind, folks, come to that real Once you come to that realization,

your life will probably be better. Um. Anyway, Mike, should we take a quick break so as we can, you know, heart, just just take ownership of that new new found self awareness of our sounds good. See in a minute and we are back for part two of the Coin Bureau podcast. Guy, how is your break? It was lovely? Actually, it was lovely. I yeah, I had some. I had some delicious fizzy

water and stretch my legs and I feel great. Let's get back into these tweets because I've had a little read of some of the next ones and they are a bit they're a bit more wild, to say the least. Yeah, this one's from about a week ago. Um, really short quote stink took my dad's savings and blew his retirement on a ship coin. Yeah, yeah, Jesus, that's what I I hope this one is not true because one, how did you get your dad's savings? Because that's I'm pretty

sure if if he wasn't aware, that's a crime. And to on a ship coin, like if if you're this is this can't be real. I hope it's not real. If it's real, he's in real trouble. But yeah, all on one shitcoin. Come on, I mean, this is this is what ten eleven words or something, and there is just there is so much in it because yeah, like took so I mean does that mean did you did you steal them? Did your dad give you to them? Um,

my dad's savings. Yeah, and and then blew his retirement on a ship coin once, so that one ship coin, so it didn't even diversify, it was just one ship coin. Um. Yeah, gosh, it's it's hard reading. I mean again, I hope this is I hope to I hope to God this is a fake one. But I mean again, there are so many like this on coin fessions. Um that there must be, you know, I think there is is truth to a

lot of them. Now, I think this tells us this kind of treads over a lot of the a lot of the lessons that we've talked about over the course of these podcasts seven years that you know, don't invest more than you can afford to lose, don't invest in ship coins, diversify your portfolio and stuff. But I think

he's study for his money before you take it. Yeah, or I think I think it goes even deeper than that, really might I think, you know, it's like, for God's sake, only invest your own money, like, don't go investing other people's. It's that is that And this again, this is a rule for life. You know, this is something that doesn't just apply to crypto. You know, if if someone wants to invest their money. If someone wants to invest their money in crypto, you know whatever, crypto, maybe that is

their decision, but they have to do it. Like, honestly, I don't think any good ever comes from investing other people's money for them, whether it's your family, whether it's your friends. You know, you're just yeah, you're setting yourself up for fall. And when that money is their nest egg, you know. And again there are so many tweets like this. You know, it's like people putting their savings in or

their college funds or their nest eggs. But it's you know, that's bad enough, But when it's someone else's savings, college funds or nest eggs, that is yeah, that is just no. Yeah, I don't think that one's true. I think I think if if you if you did something unless that unless that that person is just an absolute horror of a kid, you know what I mean, like it it wouldn't be so if you've done something so horrific, you wouldn't be so blase about it. You'd be you'd be you have

to be remorseful. Interesting. Interesting, I mean, yeah, if that kind of assumes that they took the money you know that they took it without permission. I mean they could be well intentioned, but just a complete idiot. Do you think this this one is from the same person who was I'm a terrible trader, just really, really bad. Do you think it's the same person. It's just just a flow of conscious on on on a coin fession, I feel I should clarify my earlier tweet. Yeah, Dad, I'm

I'm a terrible trader. So what do you mean, son? What do you mean you're a terrible trader? What does that mean? Let's go, let's something something nice, something a good one. You really a nice one? All right? Okay, well this is one from from middle of September. Now, this I think is almost certainly true. In I bought over five hundred Bitcoin to buy multiple types of drugs on the dark web. Now that is that is true for well, for a number of reasons, Mikey, I can

see that face you're making. Is let's let's just let's just quickly clear it up before we go any further. Is this you No, No, I was buying drugs the old school way in two fifteen. It was a bit later on that I didn't. I didn't I didn't. Yeah, and it wasn't if I don't, I don't think I ever bought something like five hundred. I think I got in just before that two thousand seventeen sort of spike or as it sort of spike. But yeah, it's a it's a story that resonates with a lot of people.

I'm sure this and they've gone, well, that was probably the most expensive whatever line joint pill that you've ever taken, because if you just kept onto these, but you know, that's that's life, you know, that is I guess. Yeah, And again it throws up some interesting things because yeah, I mean, firstly, so many people I've spoken to who were early to crypto, this is a recurring theme. It's like, so what did you you know, do you still have it? It's like, no, guy, I spent it on Silk Road,

you know, that's that's why I got it. UM, just just to you know, just in case anyone was wondering. As we record this, bitcoin is kind of hovering around the twenty k mark, so that is ten million dollars at today's prices. UM. But it doesn't an interesting point as well, and this is something we touched on when

we talked about the early days of bitcoin. You know, I think that it underlines the importance of the dark web, of sites like Silk Road for for bitcoin, because you know, for the adoption of bitcoin, because I think there's a strong case to be made the bitcoin probably wouldn't have made it this far if it hadn't been for the dark Web, it hadn't been for people, you know, getting it in order to get their hands on some some drugs I or or let's face it, you know, not

just drugs, all the other kind of um uh, naughty things, legal naughty things that you could buy and probably can still buy on the dark web. So it's it's a kind of it's a little bit of an uncomfortable part of bitcoin's history, isn't it, Because obviously since then it

has evolved into so much more. But there's kind of no getting away from the fact that for a time there wasn't really much use for it other than to buy weed on the dark And yeah, I mean it's yes, it's it's a it's and the fact that people had such vast quantities of it and we're just so frivolous with it, obviously not knowing what lies around the corner.

Not predicting the future and going okay, called five hundred bitcoin, Like I can buy a pizza with that, or I can I can get some man in in in some unknown location to post me some hash. Yeah, or if I sit on it for ten years, I could buy a small island yeah, on my own hash have all that, just call it hash island. Yeah. Yeah, It's one of

these things, isn't it. It's kind of it's silly to look back in that way because obviously if we could predict the future like that, then we'd all be fantastically rich. But it's I just find it so interesting, you know, it says so much about how far this industry has come, and you know, it's origins and things like that that we have to you know, we have to accept it.

It's it can be it can be a bit uncomfortable for some people that this is kind of how it started, or not how it started, but how it survived during a difficult it was it was it was possibly a catalyst for it sort of being more widely adopted amongst people who probably aren't investing in it just for the technology. Yeah. I also want to raise a point on this, and

as someone who basically got into crypto in a similar way. Um, it's also but who has also been on a journey and understanding a lot more and doing these podcasts with yourself and and understanding the community, the history, the stories about it. It's also it's this this kind of resonates with a lot of the people who, um, we're mining stuff originally, like where you could go to a page and it would just give you some is the whole point of it is getting is the mass adoption of it.

It is getting it used, it is funding sort of uh making it's it's basically you know, it's the catalyst for that economy of it. Getting it used, getting it adopted, getting it moving is what is important. And if everyone went back and bought bitcoin and just sat on it, it wouldn't be the same. It wouldn't be the same.

People wouldn't want it. If you were If everyone went back in time to two thousand and twelve or two thousand and thirteen, bought a lot of bitcoin, sat on it, it probably wouldn't get to the heights that it is today because no one is using and it it wouldn't be what it is today. You're absolutely right, Yeah, you're absolutely right. It's yeah. If people are just if people are just sort of brought it to to speculate, then it would just, yeah, it wouldn't have been worth anything.

It had to be proved to be yet, to have some to have some worth, to have some utility in the first place. So yeah, you're absolutely right, You're absolutely right. It's um, it's that's just that's just how it got out into the world. Um. Okay, let's let's move on this one from early September. This was an interesting one.

I thought. I am a twenty year old Nigerian made close to two hundred and fifty thousand dollars this bull Run invested two hundred thousand dollars in real estate and parents business have forty k left over for the next build of bull Run. Feels good. Um, I wish I'd taken a leaf out of this dud's book and and sort of got out but and and and sort of just put back in what I originally had. But you know what, different people have different sort of outlooks on it. Yeah,

is smart, he's happy, he's playing it sensibly. Yeah, well done. I think we yeah, absolutely, I think we've we've all got something to learn there from him. You know, don't be afraid to take profits. Also, don't be afraid to diversify as well. You know, a good investor has a has a diverse portfolio of assets because you never quite know what's around the corner. Um, I hope this is the other the other guy's brother, you know, the one who took all his dad's money and put it into

a ship coin. And this guy made two hldred fifty k on the ball round invested two hundred into real estates and his parents business. Sort of like there's the two brothers, the two Nigerian brothers. One who's just the absolute black sheep, like crazy one who does all the bad stuff, and then this one who's constantly bailing his brother out of out of trouble. And at least the parents and the dad is like, wow, it's it's all right. And I like that. I like the idea that the

dad is completely oblivious. I My sons are both great. You know, my retirement money is still there. They could have so easily taken it and loan it. Um. I just wish they'd give me some back every now and again. Extra fact they've both been just was taking in and out of his account all the time. Um yeah, I also much, but I I much prefer the idea. I like this guy for kind of investing in his parents business.

You know. So so many of the tweets that you see on crypto Twitter, they can be they can be quite self serving a lot of the time. It's like, oh, you know, I'm so I'm so blessed and so grateful that i got into crypto because I was able to give you know, people this or give people that. It's I yeah, okay, you know that that's that's well intentioned. But I I just admire the chap of this guy. It's like the cut of this guy's jib. You know, it's now, I'm going to invest in my parents business.

I want to I want to cut well, I mean, it all obviously depends on what business his parents are in. It Like, if if they are gangsters or human traffickers or something like that, then that's probably a bit frowned upon. But if it's a mom and pop shop and it's something like that, that's great. So it's always worth qualifying. Let's find out what their parents business is, because if it's you know, if it's a you know, something text is everything my day. My dad was wandering around with

an old sawn off shotgun. Now I've got him a couple of nineties, he's stable. Um yeah, let's hope it was. Let's hope it was a lovely, legitimate I'm sorry it wasn't like he seems like a well, uh, that's that's a lovely thing to do that, like you you've got to blame the parents or you know, give reward and praise to their parents when he's obviously been raised. Well yeah, yeah, just a shame his brother was such a terrible treating.

Oh that's what I put. I put fifty k into crypto back in two thousand and seventeen, and now I'm at near zero. I could have bought a house for my mom. Instead, I bought coins like Jezy new it's really the dumbest timeline. Ah, just coin earlier, didn't you it's um yeah, I didn't realize it was a real thing. I didn't know ju was a thing. I was. I was just being stupid, but not as stupid as this guy. But hey, look take take the lesson. He's lost it.

I was going to say, easy come, easy go, but like it's not like the other guy who managed to yeah, well yeah, yeah, fifty fifty k as well back in seventeen, assuming that was it's you know, assuming that was while it was before it really went crazy in that year. You know that could have yeah even if it was even if it did really go crazy. You know that the highs of bitcoin in twenty seventeen was ninet, wasn't it, And then now it was better. Now it's back when

it's gone back there, back where it was doing. Like, yeah, see if you can see if you can get that up on the chart. Yeah, it's it's funny as well because you think, wow, you have fifty k back then to put into it. It's uh yeah, I mean he's obviously not a very good trader. How did he end up with all this money in the first place. That is something that always baffles me as well when you hear, especially when you hear some real idiot who lost all this money, It's like, what did you get all that

money in the first place? Why? Why has so many really really rich people so damn stupid. It's, um, it's weird, but I think it was. There's a there's an old saying, if you want to know what God thinks of money, Look at the people he gives it to. Um Anyhow, anyhow, just before take another break, this one from mid August. I invested slowly into crypto since followed the Hoddle mentra and convinced my wife to buy a little I don't

like well the way this is going. Over time she got five and some small things that turned into large things. I made over two one and fritted it to nothing. Trading n f t s and microcaps. I have nothing. My wife has five. She has never sold slash traders at all and has outperformed me significantly. Wow. Well, what is a microcap? First of all, it's I mean, it's kind of it's a slightly more charitable term for a

ship coin. Well not necessarily, like you an all coin, an all coin with a very low market cap, and obviously that is where you can that is where you can find the you know, the really big returns because they've got all this potential upside. But it also makes them way more volatile, and you know, sometimes the fact that they have a low market cap that's for a

very good reason, because they're a ship coin. But I don't know, it's yeah, microcapital coins it can be it can be feast, or it can be famine, and it's more often famine, I think. But I do like the I do like the fact that his his eminently sensible wife has just gone Nope, Nope, I am going to stick with that, and yeah, she's she's she's come out

on top. I think. I think the thing the lesson that we can take from that is, if you know, once you've once you've realized, once you come to the realization that you're a bad trader, just just do nothing. You know, sometimes nothing is the absolute best thing that you can do. Yeah, yeah, it's it's it's easier to just sort of let it happen slowly. Yeah, easier to just sit on your ass something that's lazy trader. Yeah.

Something that I think has been a guiding principle throughout much of your life is that, yes, well, when when it comes to crypto, for sure, I don't have time. I do have time, I don't have Yeah, I just it's not my life. So it's something I dip into and it's cool, but it's not I didn't know what a microcap was, you know what I mean. I mean, this is only like what the FOURTI episode of this podcast. But you're not the first and you're not the last

is going to try and make me learn. There's dozens of retired, mentally mentally broken better better teachers have tried. They've all failed. It's too late. Okay, let's take one more break and then and then finish off with a few more Hello, everyone, welcome back to part three of this episode of the coin Bureau podcast, when we are digging into the coin fashions twitter handle on crypto Twitter one of the most informative and also yeah, just downright

strange places on all the internet. Um, so yeah, let's have let's just have a look. We've got time just to have a look at a few more of these tweets and just kind of see what we can see, what lessons we can extract from them. Um. This one from the fourteenth of August two. I won a fifty dollar bet with a random guy online over some sports match. He sent me instructions on how to claim the money.

They were weird and confusing, and I don't I didn't know why he couldn't do something else to pay, thinking it was either a scam where he is broke. I let it go. It wasn't un till it came to mind in that I realized he was trying to pay with bitcoin. I do, I do remember one of the things, one of the when I first discovered did you not get that money? Then? Yeah? Yeah, that would that that fifty dollars would would never have appeared. Having said that, you know, I mean this is that the price of

bitcoin I think was very early. It is early, but I mean fifty dollars would you know? It would it would equate to a nice return. Now it's not quite as bad as you know, someone sort of turning down ten million dollars. It's nothing close to that. How much was it in two as I recall, it was in

the kind of hundreds of dollars by that point. So I mean we're still talking, you know, we're still talking an absolutely insane return, but it's it's not quite you know, it's not like, oh, if only I claimed that fifty dollars, I can now be living on my own island made

of gold. But yeah, what what strikes what what stands out to me about it is I remember from you know, from getting into bitcoin when I did, which was kind of around kind of late, and there there was, and I think for a lot of people there still does exist this kind of you know, it's it is weird and confusing. You're like, what what's this? What's this QR code business? Like what? Hang on, what's what's this address that I have descended to? You know what what what's

what's going on with us? Exactly? Um So back into the I I have sympathy for this person. I think probably you know they they I think they could be forgiven for that. It's like, well, hang on a seg kind of open a bullet, what's bitcorn? Well, bitcoin actually had quite a big jet like it went for rom in January. It was twenty dollars first of Joan two, and then around November December was that classic Christmas pump.

It went up to ninety two. So you know, if if it was sort of January February, there's a couple of bit coin, Yeah, not bad but not bad. Yeah that's true, that's true. Um, but yeah, it's it's one of the It's another one of those that kind of

dwells on the past, doesn't it. It's sort of only i'd if only we've known, It's like, well we didn't, but yeah, it's it does kind of bring to mind the fact that and this is kind of one of the reasons why why I do what I do and why we're doing this podcast is to try and try and demystify it a little bit, try and put it in some contexts as people can understand it, so as you know, when there isn't that kind of there isn't that kind of uh, you know, people don't get worried

and confused when you talk about it. Um. And hopefully we can we can save people from similar faiths. Um. That's what weird to do. Of course, do you want to read out the next one? Sure, I worked from a major newspaper company, and I've written several anti crypto articles, two of which have gotten major attention and clicks. I actually own a good stack of bitcoin five figs. I've

got to get the bag somehow. Well, you are a fudd dealer, and well, look, listen, a lot of journalism these days is is kind of all just about getting clicks as opposed to uh, investigative investigative journalism or anything like that. You know, it's it's uh, it's a it's a bit of a what was that there was that

there's a Netflix documentary about some investigative journalism. Yeah, about a judge and um uh and and a lawyer and basically there there was a judges generally, Um, there was there was some some some some math numbers that didn't sort of stuck up. The judges usually give sort of like judgments in some cases or or grant things for percent to and that was generally the overall sort of figure on it. An investigative journalists saw that one judge

was his his figures were at ninety nine. Uh and um, they undercovered uncovered that the there was a lawyer and a judge who was basically in cahoots and they were sending people to to prison or something like that. There was like five hundred million dollar sort of scandal. Yeah, but there was. It's just, you know, investigative journalism like that is is kind of a lot more rare these days, and it's all just sort of selling adverts and getting clicks and it's no real news, a lack of Yeah.

I do hear a lot of stories from from inside the kind of journalism industry, you know, the news industry, if if you like. And I think there are a lot of you know, a lot of journalists who are kind of quite depressed about it really, because you know, your success is now measured in clicks. You know, it's not about it's not about writing a brilliantly researched and brilliantly you know, put together, brilliantly argued article anymore. It's about you know, who gets the most cliques, and that

swiftly becomes a race to the boss. You know, it's it's it's a pretty swift descent from from trying to write something really well to just basically clickbait. Um. Yeah, And I think you know, crypto in crypto in the media, crypto in the kind of mainstream media has been a kind of easy target in this respect because I think, you know, the word crypto or the word bitcoin or something in the headline is automatic clickbait for a lot

of people. And I think that the media has made a lot of money really and got a lot of got a lot of engagement by you know, by writing these kind of articles about crypto and generally sort of going to town on it. Some of them are some of them are fair criticisms, but a lot of them aren't, and a lot of them, you know, just keep kind of peddling the same old line and it gets pretty tired. But obviously it's still drives. It still drives traffic and

clicks and stuff, so it stays in. Um, so yeah, I guess you know, anyone anyone reading that tweet should know that. You know, if you read something in the mainstream media, it's not necessarily it's not necessarily true. And of course the journalists behind it could just be writing it for clicks and and be sitting on a nice, nice bag of bitcoin. Yeah. Um, do you want to read the next one? Sure? So this is from thirty July. I bought the top of a ship coin and tweeted

about it. I got a lot of love from the community and continued to buy the countless dips along the way, But after being down over of my investment, I started questioning the depths and was labeled as a paid fudder and was bullied to the point of depression by the same people that I thought was my crypto family. I will never be a part of a crypto cult ever. Again. That is yeah, yeah, yeah, you shouldn't. You shouldn't buy into the hype, and it's easy to do that, and

it's easy to get caught up in it. And these people who are just on Twitter may not be they may not have your best interests at heart. They may just be uh, you know, aiding the pump. Yeah, because the crypto communities are amazing things because they support the support they give to projects is incredible and can really help carry that project along and develop it and get

the word out of about it and stuff. But on the other hand, they can be absolutely terrible as well, and they're never worse when you know, they're just communities of hills, you know, paid sometimes paid chills, but sometimes not, you know, sometimes just people who've got money and I and want to pump the price up. And yeah, these you know, you get these, these these Twitter accounts and these all all over social media and it just becomes infested with these with these kind of pump and dump

groups and yeah, people who won't listen to reason. It's important, like you always say, do your own research, but it's also really important to try, like because you can find whatever answers you want to find on the internet. If I want to go and say Guide Turner is actually a lizard person, I'm sure I can find somewhere on the internet. Which will reinforce that like possibly true statement. So like do your own research, but do the research that is kind of you know, it's it's it's you know,

it's fair, but look at it. Don't just block out stuff that you don't want to hear. Sometimes you're gonna need to hear. Okay, cool, this isn't good. I should talk maybe question the sources and what I'm listening to here, and be a bit more cautious and a bit more traded, a little bit more carefully, and you'll avoid getting getting burnt. Yeah,

confirmation bias they call it. You know, when you when you're when you're trying, you're trying to find something, and you know, you just you just filter out the stuff

that that you want to hear. Yeah, exactly. And when it comes to when it comes to crypto and stuff, if you're ever if you're ever invested or you know, if you're ever thinking of investing in something or whatever and you have questions about it, if you go to if you go onto Twitter or or any of these other social channels, you know, discord or medium or whatever, and you ask some questions, you know, if you if you put them politely and you know, not aggressively or

anything like that, and you ask questions. If if the deaths come back and give you proper answers, then that is a good sign. But if you get blocked or anything like that, you know, or ignored, that is probably all the red flag you need. Because any crypto project worth its worth, its solved, any legit project will always try and answer questions, address concerns, you know, all this sort of stuff. So but there are just countless examples of this happening. And yeah, dev's going quiet or blocking

people or or whatever. It's it's a it's a complete red flag. And ditto communities as well. You know, if if if a coin or token has a really strong community behind it, who just will not listen to any sort of criticism, that that too is yeah, you should

be worried. Also when you're when you're speaking to someone or you're listening to someone that you do it a lot, which I think is admirable, is when you are talking about a project, you do let people know if you are holding it, you know, just just so everyone is aware and completely transparent. I hold a little bit of jizz ei or whatever, and that maybe even unconsciously biasing my my opinions on it. You know, it may or may not be that, but let people make their own

decision about it and just be a cool. Look, I hold this this hit coin. By the way, I was in at the I c O on this. You buy is going to make me extremely wealthy? Yeah, yeah, it's um, yeah, there's is it's there's so much of this kind of stuff in in in crypto unfortunately, but yeah, it can be. It can be depressing to cease to look at some of these groups and these people who are just you know, deluding themselves and yeah kind of really you know, turn

really nasty and stuff. It's yeah, this this person's right. I'll never be a part of a crypto cult ever again. If you ever do realize if you have a sort of thing, hang on a second, am I in a cult? Then you're an accult and you should leave if you If you ever, if you ever ask yourself the QUD just good rule for life, isn't it. If you ever a room with hundreds of people dressed in the same white colored robe, all with a glass of kool aid,

and you ask yourself, am I in a cult? Probably certainly? Yes, yes, Okay, I think we've got the next one. Yeah, yeah, we've got time for two more. You read you read this next one. Am. I got a tattoo of a project it rugged. Now, this is something that's I've seen other people like I used to do a club night. You used to do a club night called Regression Sessions. And we've had people who come to the this is just some random club night that you know it was. It

was fairly big. And I've had people come up to me and show me their Regression Sessions tattoo and I'm like, what are you doing? It is a club night. It's it's not. I mean, but some people have different you know, some people get tattoos for jokes. Some people you know, it's it does it's it's it's a different meaning to different people. And I hope this guy was fort into the Regression Sessions camp here with a tattoo project that of a project that rugged. And look listen, it's a

funny story. Yeah. Yeah. It's kind of like getting a girlfriend's name tattooed on you to find out she's she's not the one. Yeah, I mean again, we're we're kind of we're straying into sort of rules for life. Territory as well. It's not just rules for crypto, is it. But I think, you know, a good rule for life is I don't get that crypto the thing tattooed, you know, don't at a club night tattoo, don't get a girlfriend's name tattooed, and things like that, you know it. Don't

get any sort of facial tattoo. Yeah. Possibly, yeah, I mean because they're they're hard to get off and people will judge you, especially me. Um. Yeah, no, I mean I got a tattoo of a project it rugged. Yeah, it's just just just don't go there. Don't get a tattoo. If it's a cool logo at least that's fine, you know what I mean. Well, if if it's you know, the theoryum is quite cool, just abstract sort of little shape,

do you know what I mean? Bitcoin, I wouldn't want that, but something a bit more simple and yeah, okay, well, I mean people that people have got to do what they've got to do. It's it's their bodies. Isn't it that that tweet does put me in mind of um, I think it was. It wasn't a tattoo, Although I think this happens when you know, football supporters get their favorite players names tattooed and then that player promptly leaves

for another club. Yeah, or when you get the someone type got the tattoo of England euro winners or something like that, and then we lost in the final and it's that's there forever. It's like you just could have

waited twenty four hours and yeah, I think. And there's also the one I think that I think at Newcastle wasn't there we didn't someone didn't A Geordie Fellow called their son Cole only for um and olderly for man Unite two later, you know, he named it after after the the carbon fuel that was it, yeah, which which had vanished from the area. Okay, so just time for one more. This from the fifth of July two. I had an amazing family and literally had it made in life.

Then I just covered bitcoin and became overwhelmed with greed and ultimately lost everything I had trying to obtain more. Wish I had never discovered crypto guy. We're doing this episode to cheer me up. I know, I know we're doing this episode to cheer me up. So I can leave this, you know, our chat once a week and I'm going to be happy and and you leave us on this. I lost my I've lost everything I love trying to obtain more. I wish I'd never discovered crypto.

What are you doing? I think I just think, Mikey, that it's a very important lesson to learn because as I said, as I said at the beginning of the episode, like coin Fessions is amazing, but there are you know that there are some funny ones, there are some very truthful ones. There are also some really damn bleak ones out there, and I think it's important to acknowledge that.

And I think this is like the probably the most important lesson that we can that we can take from this whole episode, from all these experiences that people have had in crypto. Like, crypto is amazing, and it has made a lot of people very wealthy. It has changed a lot of people's lives for the better. Um, but it is not the be all and end all. It can be. It can be a destructive force if you

let it. And I think it's really important for people to remember that the really important things in life are things like you know, our family, our friends. You know, crypto is Crypto is amazing, but it should. It should never come before your family, before your friends, before taking you know, the things that are really important. Um. And you know, but it is possible to have it both. But people do get overtaken by greed. They do get obsessed by the idea of having more and more and more.

It's like, for one thing, remember what's really important. And for another, you know, you have to you have to have limits, you have to be you know, you don't let greed consume you, because then crypto isn't so cool. You know. It's remember what's really important in life. Yeah, that's okay, fine, that's a nice way to end it. I hope this guy finds a new family. Yeah, yeah, I I hope he. I hope he managed to patch things up with his family and kind of get back

to get back to the good things that he had. Um. But yeah, it's it's it's very true, folks, you know, don't don't let the bad things in life take you over anyhow. So I think there was some. I think there are some so good. Yeah, yeah, it's a great. It's a great channel coin fashions. I'm a big fan of it. And yeah, I think it's uh, it is actually I think a really important part of your crypto journey, because it's the sort of thing that you should just check in with every now and again for a dose

of reality. You know, when when crypto is starting to take over your life, just just step back, look at coin fesshions and don't make the same mistakes that those people did. It sounds good. I think it's good. It is a little a sobering, uh snapshot of other people's experiences, So I think it's yeah. I'm going to follow it. I'll give it a little follow. Good stuff, good stuff. Okay,

let's should we leave it there for this week? I think yeah, I think we've given I think we've probably freaked enough people out with some of the some of the goings on in crypto for for one week. We will be back next week, I hope again. I've I have no real idea what we're going to talk about, but we'll we'll figure something out. I might try there's a couple of guests I'm hoping to bring on again.

I've really enjoyed having guests on the podcast before, so I'm kind of making, you know, putting feelers out to get a few people on. Why don't you speak to the old cs. You can get him on and I can ask him about what he frittes his money away on and if he will lend me a million million pounds. Yeah, yeah, Okay, don't tell him that. Don't tell him that till he's on obviously, and then we'll ambush him. Yeah, okay, and see if he's maybe see if any of these coin

fesshions people are him. Ye. Anyway, Mike, it's been great to see you again. Um, and yeah, I'll check in with you, check in with you again in a week's time. Sounds good, mam. Cheers, Bye, Thank you so much for listening to the coin Bureau podcast. If you'd like to learn more about cryptocurrency, you can visit our YouTube channel at YouTube dot com forward slash coin Bureau. You can also go to coin bureau dot com for loads more

information about all things crypto. You can follow me on Twitter and at coin Bureau all on word, and I'm also active on TikTok and Instagram as well. First of all, it's not thank you for listening, you're welcome for great content. Hunt Yeah, like this is free and they're learning about a fairly great topic in a non boring way. If you'd like to visit me and hear more about me, go to mooch About m o O c h A

b o U T or else. For more podcasts from I heart Radio, visit the i heart Radio app, Apple Podcasts, or wherever we get your podcasts. The coin viere a podcast is a production of I heart Radio. Can Go