YouTuber DataDash talks about his most expensive mistake

Nicholas Merten, aka DataDash, found Bitcoin (BTC) at $3. But like many people at the time, Merten was very skeptical about crypto and found it crazy that people were buying what he thought was “fake internet money”.

Merten’s story began with a glimmer of inspiration from a conversation he had with his teacher in 2011. At the time, he didn’t think he had passion. But one day a spark shone through his social studies class when the teacher encouraged him to watch presidential debates. As he watched, he saw politician Ron Paul offer differing views on the issues at stake.

“This event triggered a dopamine rush in my head,” Merten said. He was inspired and became interested in and studied foreign policy, economics and finance. From there he learned about the 2008 global financial crisis and how inflation works. He knew that with the way things were going it was necessary to hedge against inflation.

During his journey he opened a brokerage account with the help of his father and was able to buy his first shares. Eventually, he delved further into financing, buying marijuana penny stocks for solar company stocks. Then he watched a video explaining BTC and found it interesting at first but couldn’t fully understand it. He skipped buying BTC for $3 and couldn’t understand why people would buy it.

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However, he soon realized how it became his most expensive mistake as he watched the price surge to an all-time high of $1,200 per BTC. He learned from his mistake and set out to start his crypto journey buying crypto, analyzing the markets and uploading crypto videos to YouTube.