I apologize if I'm asking about something that's already been covered. I try to follow as much of this as I can (at the least I try to get all the highlights), but I'm getting really confused about this whole "I lost all my money on crypto" nonsense.
SomeOrdinaryGamers And Boogie2988 Argued On My Live Stream
by ReviewTechUSA (November 10, 2023)
Time: 19:20 - 23:20
At the time of the Mike Clum Documentary, Boogie had 30K left in crypto that he stated he's been using like a bank account, withdrawing some every month to cover some expenses when his income is short for the month.
When pushed by Mutahar, Boogie claimed that his dabbling in crypto went like this:
1) Boogie put in 250,000 then it jumped to 750,000 (which he then changes to 700,000, then 800,000 before settling back to 700,000). Overnight it lost 60% value, but also went down from about 700,000 to about 200,000 (which isn't 60%).
2) Then he said that he put in 250,000 and the amount doubled, THEN grew by another 60% which made it go from 250,000 to 700,000 (again, doubling and then adding 60% doesn't equal 700,000). And then after he went to bed, the asset lost 80% 90% down to 200,000 (which isn't 80-90%)
3)Then he said that he had 250,000 which shot up in value, then dropped to 200,000 or 250,000 AND THEN HE CASHED OUT 200,000 (sounds like he agreed when Mutahar asked if the amount he cashed out was 200,000).
When asked about the 30K left in the wallet, Boogie says that he tried investing again (an unknown amount), and grew it to 30K from etherium and maybe some other coin.
So, at most, Boogie only lost 50K (which is probably less than he spends a year on snacks from the McDonalds and Taco Bell value menus). And likely not even 50K, as he later earned another 30K from some mystery amount. AND because none of these other numbers make any sense, I'm doubtful he actually lost any money at all. It could have gone down to 250,000 and then Boogie cashed out 200K and left 50K in, which he's been slowly draining until it reached 30K during the documentary (I mean, he *could* have cashed out more and is just pretending it was only 200K - I don't know, I'm just saying that he didn't really lose the way he's saying he did). Anyway, when Mutahar points out that Boogie didn't actually really lose any money, Boogie starts stammering, but gets rescued by a stoned ReviewTechUSA asking a stupid question about the current value of Boogie's house instead of letting Mutahar catch Boogs in the lie about his bullshit crypto losses.
Has this whole thing just been memory-holed by YouTubers and Boogie's fans? Why is he still telling everyone that he lost all his money with crypto, when the reality was that he was likely given some insider knowledge on a crypto rugpull, but got too greedy to sell when they told him to and didn't profit as well as he could have?
