How I Lost 420,069 With This Bored Ape

Research on the Bored Ape Yacht Club found that the value of the NFTs had decreased significantly, due to factors such as the crypto winter, Blur airdrop farming, and overvaluing of celebrity purchases. It is important to take profits early and be mindful of taxes, and to always have a plan when entering and exiting trades. The overall crypto market experienced a downturn in 2022-2023 due to rising interest rates, lack of risk management, and increased regulation.
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I try to post two videos a week related to NFTs and web3 sharing my journey towards the Metaverse while helping out other Explorers.

Mike Damazo is an NFT Collector, who posts weekly to YouTube. He is most popular for his early NFT videos doing breakdowns of projects, going over tools for Web3, and covering trends in the space. Mike shares his own experience from minting Bored Ape Yacht Club to going over Dot Swoosh.

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DISCLAIMER: I am not a financial advisor. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial advice. All views expressed on this video and comments made verbally or written do not reflect the views of the Department of the Navy or Department of Defense and are that of my own.

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