hey welcome back everybody to altcoin daily where you subscribe for daily videos on
everything going on in cryptocurrency it's time to take stock of the past year it's time to take a
good hard look at ourselves it's time to evaluate our thoughts throughout this whole year so make
sure you watch the entire video today of course the reason why you subscribe is because you're
interested in making money in crypto and you want to stay in tune with the cryptocurrency markets on
a daily basis that's what we do so let's get into it as 2021 ends and 2022 begins i just want to say
i'm eternally thankful for the opportunity that we have all seen this year for us our channel
grew from 300 000 subscribers at the beginning of this year to almost 1.2 million today ending the
year meaning that we gained an astounding almost 1 million subscribers in one calendar year 2021
so for that i just want to say to you listening right now i appreciate you i'm thankful for you
we try to provide value to you on this channel demystifying the cryptocurrency market and i truly
hope that you get value when you watch our videos i hope you find our channel helpful and useful
i also hope that you made money in cryptocurrency this year this was an incredible year for crypto
gains and judging by many of the comments that we've gotten throughout this whole year i'm
fairly certain that many people in our audience have made incredible money in cryptocurrency
so for that i want to say that i'm proud of you i'm happy for you it doesn't matter the coin it
does not matter the coin it takes courage and discipline to put money into and make
money in the cryptocurrency markets and many people will tell you that you just got lucky
hey you just got lucky this year the market was up anybody could have made money in crypto this year
those people don't get it of course you can lose money in cryptocurrency of course
you can lose money in crypto so if you did do well in cryptocurrency this year
take stock of that appreciate that you should feel proud and accomplished now
despite such a great year it was not without its surprises am i right i called many things right
this year i made plenty of mistakes this year and i called plenty of things wrong and i bet you
probably did too now many youtubers wouldn't do this many youtubers or traders or people like this
would only brag about their wins and try to downplay their mistakes not us not us
and i probably will get some trolls for this video but i don't care i want to keep things real i want
to be real so let's go over some of my biggest mistakes of 2021. as cryptocurrency investors
as cryptocurrency speculators it's our job to try to anticipate things to try and predict the future
of course nobody can predict the future it's an impossible task nobody gets everything a hundred
percent right so here are my biggest mistakes of 2021 let me know in the comments your biggest
mistakes of 2021 like the video if you appreciate this video let's get into it you know what i guess
let's actually start with some wins let's start with some wins what did i get right this year
well thinking back i got right that it would be a cryptocurrency bull market this year now
that seems obvious now right it seems obvious but go back to even q4 of 2020 and there were
plenty of doom and gloomers there are plenty of people saying bitcoin and cryptocurrency is over
not us we saw the crypto was poised for big things in 2021 and we were right again that
seems obvious now but it was less obvious in 2020 and we were very vocal about it
so what else did we get right well we were right about the epic opportunity in altcoins this year
seems obvious at this moment and time again that there would be plenty of opportunity in alts in
2021 but go back to even q4 of 2020 i got a lot of hate for saying that i'm bullish on altcoins
case in point october 2020 october 2020. i made a video saying that i'm getting really
bullish on altcoins and i got dragged through the mud i got raked over the coals in my own
comments section for saying this i even felt the urge to issue just this blanket response
to everybody in the comments because of all the disapproval i was getting i said if if someone's
saying that i think altcoins are going to pump hard this cycle triggers you i don't know what
to tell you i'm going over current events and giving my opinion like always so retrospect
we were right about this epic opportunity and altcoins and again this was during a time when not
a lot of people were saying that i got roasted for saying that in my own comment section many other
people were getting roasted on twitter and other public places so i do want to brag about this
also to be more specific and before we get to the mistakes that i made before we get to that we will
write about ethereum and ethereum interoperators and competitors other l1s in 2021 the solana's etc
again this seems obvious to say now but go back to 2020. the circle jerk around flooding ethereum
back then was huge at that time in 2020 many people preferred to keep their blinders on
and to virtue signal than to actually recognize what was going on and we recognized that ethereum
would have a big year and this is one example of the many videos we made around this time
this one in november when ethereum was around five hundred dollars the bull case for eth in 2021
and of course my thesis at this time was as long as eth is valued then eth alternatives will be
valued and the opportunity that we have seen in other layer ones this year has been amazing
so those were some of my biggest wins let me know what you think in the comments below here are some
of my biggest mistakes number one i was a little bit too bullish on bitcoin i thought bitcoin would
be at least 100k by the end of 2021 and here we are and that did not happen i was wrong truth be
told i thought we would have been at or touched 200k by now i even made several bets with several
of my friends irl that bitcoin would touch 100k 150k 200k in 2021 and that didn't happen
i actually lost all my bets i made those bets with my friends in real life and now i owe them like
four thousand dollars between all of them so i made the mistake of being too bullish and to go
along with that i made the mistake of putting too much stock into the four year cycle theory
another mistake i made was thinking that decentralization mattered now of course
decentralization does matter when you need it to matter but in 2021 it really didn't matter solana
was taken offline for a little bit of time this year didn't really matter price didn't really drop
in fact solana was one of 2021's best performers see i thought at the beginning of this year that
the market would value decentralization more what they really seem to value was utility yield
speculation fun stuff like that and that's fine i'm happy to adapt another mistake i made
was that i didn't anticipate how big nft mania would get i didn't realize how big nfts would get
not that we ever really flooded them like many people in fact we always took a neutral positive
open point of view towards nfts i actually do think nfts are here to stay and are the next
iteration of collectibles and the internet and digital life and stuff like that i like them
but i didn't realize how hot the nft market would get i always thought it would just go back down
and so many people made so much money this year flipping nfts or even investing in nfts
i didn't think it would happen like this that's why you've never seen a video from us diving into
open c trying to find undervalued nft gems that would have been really cool to do and probably
pretty profitable but i wrote it off a little bit i didn't think it would happen like it did
and i didn't seize that opportunity and i could have i should have i could have bought board
apes for cheap and stuff like that but you live you learn you're never going to get everything
right life would be too easy right i'm thankful for all the opportunities we did seize this year
and i feel like we've set ourselves up very nicely for 2020 and even this whole decade i mean most
people still don't own any bitcoin or any crypto we're still very early in that regard and again
i think a lot of people were hoping that we'd have this blow off top this year and then we could all
sell a significant amount near the top and then maybe take a year off and buy back you know lower
in the depths of the bear market that didn't happen the four-year cycle seems to be broken
and that's really interesting that's opportunity so i want to thank you again i hope that you
will join us for our journey next year 2022 i think it's going to be a great exciting year
i want to get bigger i want to get better i want to keep doing what we do
bigger and better and i hope you'll take this journey with us
anyways guys appreciate you tuning in today happy new year see you next year