Can crypto really make you a millionaire overnight?
40sChallenges the common hype around crypto, sparking curiosity and debate.
▶ Play ClipThis video provides a comprehensive overview of cryptocurrencies, distinguishing between traditional cryptocurrencies like Bitcoin and altcoins, and meme coins like Dogecoin and Trumpcoin. It explains the underlying blockchain technology, the speculative nature of meme coins, and offers practical advice for investing in them, including a step-by-step guide to buying on the MEXC exchange.
Cryptocurrencies are digital currencies operating on a blockchain, a distributed ledger verified by nodes. Bitcoin, created in 2009, is the first and most recognized, with a limited supply of 21 million coins, designed as digital gold for value storage.
Altcoins like Ethereum and Solana aim to improve upon Bitcoin with faster transactions or smart contracts. Meme coins, such as Dogecoin and Trumpcoin, lack utility and rely on hype and community support, making them highly volatile.
Dogecoin was created as a joke in 2013 based on a dog meme. Its founder sold his entire holding for $10,000 in 2015 to buy a Honda Civic; those coins would be worth over $27 million today.
Trumpcoin was launched in January 2025 during Donald Trump's second term, leveraging Solana's infrastructure. It rose 300% in its first hours, reaching a high of $78 on January 17th before crashing to $17 days later.
Meme coins have low entry costs, active communities, and speculative opportunities for quick profits. However, they suffer from extreme volatility, lack of utility, and high risk of scams like rug pulls.
The creator invests only 1% of their portfolio, does their own research, and accepts potential losses. They emphasize that meme coin investing is speculation, not investment.
Gigachat, a new meme coin, is available on MEXC exchange. The creator demonstrates buying $150 worth via a market order, showing the process from account creation to order execution.
The creator's meme coin portfolio (including Pepe, Gigachat, Trump) is down 32% from its peak of $10,000, currently at $5,583. Only Pepe is in profit with a 40% return.
Selling is easy for high-volume coins like Trumpcoin. The creator demonstrates selling 3.75 Trump for 105 USDT instantly. Low-volume coins may require decentralized exchanges, which are riskier for beginners.
Meme coins are highly speculative and risky, but can be part of a diversified portfolio if approached with caution. The creator stresses the importance of risk management, research, and only investing what you can afford to lose.
"The title promises a definitive guide to meme coins, and the video delivers a thorough explanation, risks, and a practical buying tutorial."
What is the blockchain?
A digital ledger distributed among thousands of computers worldwide that records transactions in immutable blocks.
00:19
What is the maximum supply of Bitcoin?
21 million bitcoins.
00:59
What is the main difference between altcoins and meme coins?
Altcoins aim to solve specific problems or improve upon Bitcoin, while meme coins lack utility and rely on hype and community.
02:09
Why did Dogecoin's founder sell his holdings in 2015?
He sold his entire holding for $10,000 to buy a Honda Civic, not expecting Dogecoin to become popular.
03:03
What was the peak price of Trumpcoin shortly after launch?
$78 on January 17th, 2025.
04:08
Name three advantages of meme coins mentioned in the video.
Low entry cost, active community, and speculative opportunities for quick profits.
05:04
What is a rug pull?
A scam where the creators of a coin disappear with all investors' money.
05:57
What percentage of his portfolio does the creator invest in meme coins?
1%.
06:51
Which exchange does the creator recommend for buying meme coins early?
MEXC.
08:08
How does the creator sell Trumpcoin?
By going to the Trade page, selecting Trump/USDT, entering the amount, and clicking 'Sell Trump'.
12:32
Cryptocurrency Basics
Provides foundational knowledge about blockchain and Bitcoin's purpose as digital gold.
00:03Dogecoin Origin Story
Illustrates the unpredictable nature of meme coins with a real-world example of missed fortune.
02:50Three Key Differences Between Meme Coins and Traditional Cryptocurrencies
Clearly contrasts utility, volatility, and value support mechanisms.
04:38Investment Rules for Meme Coins
Offers a disciplined, risk-aware approach to speculative investing.
06:51Real Portfolio Performance
Honest disclosure of losses reinforces the high-risk nature of meme coins.
10:44[00:03] cryptocurrencies have captured the attention of many people with the promise of making them millionaires overnight, but is this really the case? That's why reality of cryptocurrencies. So let's start at the beginning: cryptocurrencies
[00:19] are digital currencies that operate through the blockchain network, which is a digital ledger distributed among thousands of computers around the world. Each transaction is verified by network participants called
[00:32] nodes and recorded in immutable blocks, creating the famous blockchain. Bitcoin was the first cryptocurrency, founded in 2009, and remains the most recognized currency today. However, it is far from the only one.
[00:46] today. However, it is far from the only one. after Bitcoin are known as altcoins. Some examples of altcoins are Ethereum, Cardano, Solana, and Polkadot. However, Bitcoin was created to be a way to conduct
[00:59] transactions without the intervention of a third party, such as a central bank or financial institution. In addition, it has a limited supply of 21 million bitcoins, with the intention of being the digital gold for storing value.
[01:13] Let's take an example: imagine you want to send money to someone in another country. If you decide to do it through a bank, you'll have to go through lengthy processes and pay high fees. With Bitcoin, however, you can
[01:27] send that money without intermediaries in minutes and at much lower costs. This gives Bitcoin a real function in the market, which is why individuals, companies, and institutions are interested in it. Furthermore, many
[01:43] alcoins emerge with the intention of improving or expanding what Bitcoin already offers, whether with faster transactions, lower energy consumption, or very specific use cases like the creation of NFTs. There's a phrase I love that
[01:56] fits perfectly in this situation: everyone wants to save the world. They just do n't agree on how. Virtually every cryptocurrency on the market seeks to create a better solution or offer something different for the
[02:09] ecosystem. For example, Ethereum and Solana are two projects that, unlike Bitcoin, allow developers to create applications by leveraging smart contracts. And neither of these projects has a supply
[02:22] limit, as they focus more on distributing themselves as widely as possible. But what does all this have to do with memecs? Well, unlike Bitcoin and the Altcoins, or meme coins, don't have a clear use case or
[02:36] innovative technology behind them; rather, their value depends on hype and community support. These coins often start as jokes or viral trends on the internet, but some have achieved surprising popularity. What
[02:50] really matters in meme coins is the community, since there's no software or anything backing them up. For example, Dogecoin was created as a joke in 2013 based on the famous dog meme. It was born when two software engineers,
[03:03] met and decided to create a more comical, interesting, and easy-to-use cryptocurrency. The reality is that nobody expected it to be popular, not even Billy, its founder, who sold his entire holding of Dodge Coin in 2015 for
[03:18] $10,000 to buy a Honda Civic. Those same coins would be worth more than 27 million today. It seems obvious, but it wasn't always so. Another example of a meme coin is Trumpcoin, launched by the
[03:31] President of the United States, Donald Trump. Like other meme coins, it doesn't have its own blockchain but rather... Although it leverages the infrastructure of other more solid and recognized currencies, such as Solana in this case,
[03:44] which gives it greater speed and lower transaction costs, this project was launched in January 2025 during Donald Trump's second term as President of the United States and
[03:56] aims to promote his economic vision and conservative values. Although there was much skepticism at first, in the first few hours the currency reached a first few hours the currency reached a rise of 300%. What attracted thousands
[04:08] initial value of $78 on January 17th and in just two days reached an impressive high of $
[04:23] days later. As you can see, volatility is a daily occurrence in this market, since, lacking a solid value, these types of coins can rise and fall dramatically. This leads us to three conclusions: first,
[04:38] designed to solve specific problems, while meme coins tend to have a more humorous or viral purpose; second, although all cryptocurrencies are volatile, meme coins tend to be even more unstable
[04:51] due to their dependence on hype; and third, meme coins rely heavily on the community to maintain their relevance, while traditional cryptocurrencies have technical fundamentals and
[05:04] institutional adoption that much more strongly support their value. However, one thing that cannot be denied is that you can make or lose a lot of money here, and meme coins also have some advantages. For example, number one, the low
[05:18] entry cost, which allows more people to invest in them without spending large sums of money; number two, an active community. Because they focus on humor and virality, meme coins tend to attract large
[05:30] communities, which can cause significant price fluctuations. Thirdly, they offer speculative opportunities; for risk-takers, the potential for quick profits is quite appealing. However, they also
[05:44] have many disadvantages, such as: first, extreme volatility—the price of a meme coin can skyrocket or plummet in a matter of hours; second, lack of utility—many meme coins have no practical or
[05:57] real-world use, making them more vulnerable to losing relevance and value; and third, fraud. Their popularity also attracts scams like Rock BS, where the creators of the coins disappear with
[06:11] all the investors' money. Now it's more than obvious that meme coins represent a high you've made it this far in the video, it's because even knowing all this, you might still be interested in investing in them. So
[06:23] let's be clear: more than an investment, buying meme coins represents speculation where things can go very well or very badly. However, buying meme coins isn't always easy, as many platforms don't list them
[06:37] until they're already out of commission. It's very late, and this is clearly to protect its users, but it's in these stages where the real gains or losses happen. But if, even knowing all the risks, you're interested in investing in these types of
[06:51] projects, I'm going to explain the rules I play by. First, I I play by. First, I only invest 1% of my portfolio. Yes, only 1%. Second, I'm aware that I won't become a millionaire quickly; I'm just looking to take
[07:04] more risks and get higher returns. Third, I do my own research and don't buy just for the sake of it. I investigate the communities, the projects, and their projections. And fourth, I'm aware that I'm going to
[07:18] lose money. Of course, I hope to win more than I lose, but I know that losing is a really don't recommend starting here, but rather with more traditional cryptocurrencies or even other types of investment like fixed income.
[07:32] But if, even keeping all these realities in mind, you want to invest in meme coins, I'm going to explain how I do it. So, what would happen if a project catches our attention, but it's still very small and we can't
[07:44] find it on the main platforms? For example, we can take this cryptocurrency called... Gigachat, a cryptocurrency also based on the Giga meme, very similar to Dogecoin, is a relatively new cryptocurrency, practically new
[07:56] to the market— less than a year old. So it's very likely, and we can see it below, that this cryptocurrency isn't listed on many exchanges because platforms
[08:08] wait for it to pass certain filters or gain more popularity. However, the these types of assets is one that always lists these coins before anyone else, or very early on, and that platform is MXE. Here you can see that you
[08:22] can buy directly on MXE; it's one of the few centralized exchanges always make my purchases here, and we're going to run the real-world exercise towards this. It's important to emphasize that you shouldn't buy any MM Coin, any cryptocurrency, or any stock—it's that
[08:37] simple. I'm just doing a mini-example so you can see exactly how to buy them. But remember that you should always do your research before buying anything. So, now that we know that Gigachat is
[08:50] on MXE, let's go directly to the... I already can create an account very easily; it's actually quite fast, and they only ask for a few details to verify your identity. Once
[09:05] inside, I can see my account here, and in the search bar, I can look for Giga, which is the buy today. Here, I'll find the Giga to USDT conversion. So I select it, and you'll see this screen, which looks very complex because we're looking at
[09:20] technical indicators. But don't worry, this is really more for people who informational purposes if you want to follow a short- want is to buy spot, which is what I do, which is like investing or
[09:35] holding them for a longer period of time, it 's much simpler. We simply go to the bottom; you have several types of orders: limit and market. In a in a market order, you buy at the current price. So, in this
[09:49] case, I currently have 151 USDT. That's what I'm going to buy, approximately $150, and I can select the I clicked the " buy Giga" button and it shows as a successful order. You'll automatically notice that I
[10:03] You'll automatically notice that I had 151 GBP, now I have 0.82 USDT and 2433 GBP. Now I can go directly to my wallet where this is my estimated balance, and you can see the cryptocurrencies I have in the spot section. Right now I
[10:18] have Algorand, Gigachat, and Trump. Algorand isn't a microcoin; it's an altcoin with different functionalities. Gigachat is the coin we just bought, and Trump is the
[10:31] coin I talked about in the Donald Trump video. It's worth noting that these projects are high-risk, and as I mentioned, I only invest 1% of my portfolio. I can show you how I've been doing in recent periods
[10:44] on CoinMarketCap. You also have that function to view your portfolio. So here I can see my portfolio of what I have as "shitcoins." And if you look, I have 55,583 GBP.
[10:59] losing 2,657 GBP. Say a 32 below and these also going to add Gigachat to this portfolio, which is really small, only 5,000-8,000 that I'm using to diversify a bit and
[11:13] only have one winning coin, which is Pepe, with a 40% return, but I'm losing on the others, which period where this portfolio reached
[11:26] $10,000. We can see here that this portfolio's maximum was this portfolio's maximum was 1,628 with an initial value of $8,000, just that, due to the current situation with the Trump currency, it
[11:40] stole the spotlight, and altcoins and meme coins are performing worse. However, since it's a very small part of my portfolio, I'm accumulating some coins that I like. The important thing here is that you
[11:53] know you can buy them quickly on MXE and on a central ICE exchange because there are other ways to buy, but they are more complicated; you need a Wallet, and this is much simpler because you just create an account,
[12:05] easily, and you're practically already buying your cryptocurrencies. I have several portfolios and wallets where I keep my cryptocurrencies; some are cold, some are hot, like MXE, and soon I can explain more about how I
[12:18] make my investments. In another video, and because I know many people always sell this meme coin? Is it possible or not? In most cases, it's very easy to sell, especially if they are high-volume coins. There are coins that don't
[12:32] more complicated, but let's use Trumpcoin as an example, since I want to get rid of it. So here I am, and I'm simply going to click on Trade again and select Trade Trump USDT. It will take me to a
[12:44] very similar screen to the one we saw, and here I'm going to enter that I have 3.75 Trumps. So I'm going to enter 3.75 and select Sell Trump, and that's it! It automatically gives me my 105 USDT, which is my
[12:58] $5, and I have it back in my account. In my portfolio, I can go back to my spot wallet and you'll notice that I no longer have Trump and I have USDT. This happens in practically seconds because there's a lot of volume in the coins. If they are
[13:10] small coins, they generally aren't even buy them another way with a decentralized exchange, but that responsibility and risk, so I would n't recommend getting into that if you're a
[13:24] beginner. As you can see, I wanted to be very honest about the performance of my meme coins because I firmly believe that it's very important for you to know the whole reality of the cryptocurrency world so you can make the best decisions in
[13:37] be coins that can make a lot of money or also lose it. As you noticed, I had periods of growth and right now I'm in a period of losses. However, the most important thing here are two things: first, this portfolio does
[13:51] n't represent something that is vital to me; that is, it's a sideways portfolio that represents 1%, or even in this case now less than 1.1%, of my capital, so if you I know I'm taking a risk I can afford to lose everything. And
[14:04] secondly, I know I can buy and sell them quickly and simultaneously take advantage of opportunities at the right time on an exchange like MXE, where I can quickly buy and sell my digital assets. The most
[14:16] important thing will always be to measure your risk, create an investment profile, and above all, research before buying. This was a short video, but I felt the need to make it because I know it's a topic that many people care about, and there are
[14:28] many myths out there. So I wanted to tell you the truth and show you how to do it if you're interested. As always, it's a pleasure to serve you. interested. As always, it's a pleasure to serve you. See you soon in another video. Bye!
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