What’s up Graham, it’s guys here.
In what came as a shock to many, but not so much to others, the crypto exchange Celsius froze withdrawals - Leaving users with no way to reach billions of dollars in crypto deposits, even life savings. And though I hate to say it… I had some of my money in there, and now I may never see it again.
Adding to this, my YouTube ad revenue is drying up in what could be a sign of an upcoming recession…
But in every loss and tale of woe, there’s a lesson that can help you stay safe and make money. So join me as I fill you in on what happened last week.
Zero degree Celsius
This video was very hard for me to make, and I held off in the hope that things would get better… But it’s high time that we talk about Celsius. How did an exchange that started off with claims that it was going up against the big banks and taking care of the little guy's interests reach a stage where they froze withdrawals overnight? Let’s take a look at Celsius’s brash business model, how things unraveled, and how you can invest in crypto responsibly to hedge your losses.
Recession and YouTube ads
Everyone’s coming up with new ways to figure out if a recession is on the way, but here’s an indicator that everyone else might be missing - my drying ad revenue. Seriously, the amount that companies are willing to invest in YouTube advertising might show the temperature of the economy, and things aren’t looking great right now. Let me take you through my ad revenue figures from the very beginning, how it’s changed with time, and what the numbers now mean… And how it’s relevant for you as an investor, content creator, or business owner!
This week, I have a recommendation for you…
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This week GRIT discusses the crypto crash, how long the downturn could last and how to position yourself. This crypto winter is reminiscent of 2017-2020 where big wins were made by patient investors. Subscribe to Read More!
So that’s it for my Sunday round-up. For the new folks here, in this newsletter, I give a quick recap of whatever you may have missed over the week on Sunday, and on Wednesday, I will be doing my deep-dive article on one of these topics.
See you next week with another bunch of exciting videos!
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