How I Made $1,000,000 With NFTs (& Lost It All)

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  • Опубліковано 24 гру 2024

КОМЕНТАРІ • 411

  • @jensentung
    @jensentung  2 роки тому +46

    💸 Check out my top 25 business ideas to start in 2025: stan.store/jensentung
    Do you own an NFT?

  • @vanessagalindo2271
    @vanessagalindo2271 2 роки тому +71

    Jensen you’re a very good narrator and in 10min managed to get me into the ride of building this project. The perseverance and discipline you put into every project you tell us about is very inspiring. Keep on creating and going into new businesses.

  • @mdhazeldine
    @mdhazeldine 2 роки тому +330

    I'm 40 and like to think I'm reasonably tech savvy, but it's scary to think that I literally had no idea what you were talking about for 90% of this video. It's like you were speaking French. All I see is you selling pictures of a kid's cartoon character for fake money to people with more money than sense, for what purpose? I don't understand what you were even selling or why anyone would buy one. NFTs seem just like a pyramid scheme. All hype and no substance. Maybe I'm just "old", but I'm struggling to get it. Back in the real world, I think I'll focus on doing things that are actually useful to people.

    • @hichamismailialaoui6870
      @hichamismailialaoui6870 2 роки тому +33

      you are right bud
      but soon your comment will get deleted

    • @deancorleone
      @deancorleone 2 роки тому +10

      @primerezproperty I'm 41. Own nearly 1,000 NFTs. They're a scam. Come back later as the technology is amazing and so have enormous benefits, but you don't want to put money into anything yet. Happy holidays 🎄 I wish the content creator success, seems like a genuine guy.

    • @syedmuqeettm8312
      @syedmuqeettm8312 2 роки тому +23

      What I understand is NFTs are just like physical art except they’re digital. Like the painting of Mona Lisa, you can print a picture of Mona Lisa from the internet and frame it but it won’t sell for millions like the original one. Similarly, you can own NFT’s that can go up in value and the ownership matters.

    • @baconegggandcheese
      @baconegggandcheese 2 роки тому

      If u dig a lil deeper, there art legit artist that make a living selling art thru nfts/tokens. Ofc there are a bunch of scammy nfts but u can’t say all of nfts are a scam/pyramid scheme

    • @baconegggandcheese
      @baconegggandcheese 2 роки тому +5

      Also in the modern art world, it’s all pumped artificially and goes hand to hand without the artist getting royalities. Nfts/blockchain changes this. Every time that nft/token is sold royalities go straight to the artists wallet

  • @CNoel
    @CNoel 2 роки тому +33

    Amazing video Jensen! It was so incredible to hear the ups and downs of your adventure into NFT’s. You were so transparent with everything and you were doing such amazing story telling. Can’t wait for the next video!

    • @tryderrgaming5752
      @tryderrgaming5752 2 роки тому

      hi, iam also thinking of creating NFT art, if your interested in buying my art then reply

  • @stancuflorin
    @stancuflorin 2 роки тому +69

    A roller coaster of emotion, but glad everything work out in the end and you kept building the community, don't forget all your hard work wasn't for nothing, remember all the things you learned and all the skills you acquired. Congrats for your success!

  • @theronkong
    @theronkong 2 роки тому +18

    Congrats man, stay strong. Admire the persistence as an entrepreneur 💯

  • @MountainofInspiration
    @MountainofInspiration 2 роки тому +10

    This has been a rough ride for many people. Thanks for sharing your journey with us. Keep your head up. The best is yet to come

  • @Mav0585
    @Mav0585 Рік тому +10

    At the age of 37, I just can't even imagine doing all of this at 22, or even now, good job man.

    • @aubreyholman1951
      @aubreyholman1951 Рік тому

      Yeah. These guys are modern day pioneers. Incredible.

  • @ryanxcheng
    @ryanxcheng 2 роки тому +21

    Loved the intro and the storytelling. YOU'RE KILLING IT JENSEN!

    • @jensentung
      @jensentung  2 роки тому +2

      Yooo thanks Ryan!! Really appreciate it

  • @AngelaWright-vy8rq
    @AngelaWright-vy8rq 8 місяців тому +1

    finally some worthwhile information on the Internet, thank you

  • @prescriptionzen
    @prescriptionzen Рік тому +1

    Glad to hear you all are back on your feet. Good luck

  • @laraelnourr
    @laraelnourr 9 місяців тому +1

    I love love this video!! I haven't been engaged to a UA-cam video like I have today for sooo damn long! Thank you!

  • @Thomas_Henry_
    @Thomas_Henry_ 2 роки тому +10

    Would love to see a video on the details of how you went into the NFT space, how you educated yourself and found a developer etc!

    • @Codexofficial1
      @Codexofficial1 2 роки тому

      What are NFTs and how to make money?|Live NFT sell and purchase|NFT Explained in detail|#SELL NFT
      ua-cam.com/video/VfDkQ6u8jqE/v-deo.html

  • @rinarollsroys
    @rinarollsroys Рік тому +5

    Please do a review on RMRK. Very interested in your opinion about the future of NFTs on the new protocol supporting a multi-resourced and nested NFT.

  • @aubreyholman1951
    @aubreyholman1951 Рік тому +1

    Incredible story! So sorry you’ve had such a struggle. You have no idea how many people will learn from this! You took a hit for the team my friend. You will get all your losses back and more for sure. Best of luck to you👍👍

  • @AsaSteinars
    @AsaSteinars 2 роки тому +2

    This is the craziest NFT story I've ever heard! I know how hard you must have worked for this.

    • @Codexofficial1
      @Codexofficial1 2 роки тому

      What are NFTs and how to make money?|Live NFT sell and purchase|NFT Explained in detail|#SELL NFT
      ua-cam.com/video/VfDkQ6u8jqE/v-deo.html

  • @polokucoch8112
    @polokucoch8112 Рік тому +6

    Thanks for this Jensen. Just trying to understand where everything went wrong. It seems like mistake #1 was the delay in the smart contract. #2 was the mistake of the Dev to assume that the contract would automatically be switched by Opensea. #3 Not being ready to color. These are all issues with the DEV it seems. Would it have been different if there was a competent DEV on the team?

  • @ET.AIMusic
    @ET.AIMusic Рік тому +1

    The lesson is, don’t change your name after you launch. Same with any product design really. If it’s ready to lunch. Lunch it. Don’t okay with it and other investors’ funds.

  • @JoseRodriguez-tb1js
    @JoseRodriguez-tb1js Рік тому +2

    So sorry about such a silly error cost you so much. Great video. You are destine to become another great one on the Internet. Don't stop.

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 2 роки тому +2

    simple, easy to understand and entertaining, got my vote

    • @Descendants_of_Elias
      @Descendants_of_Elias Рік тому

      After ETH launch expect #LUNATICSTOKEN NFT round 3, so if you hold smart chain (BNB) NFTs from LUNATICS expect to receive airdrop on the ETH side to the holding wallet
      #ETH
      #Binance
      #LUNC
      #BNB

    • @Prabath1
      @Prabath1 Рік тому

      Can you please post a contact detail of yours and teach me how to earn money cryptocurrency and Binance

  • @zdudex
    @zdudex Рік тому +1

    What a journey! Thanks for sharing your story

  • @rapideverythingtm3258
    @rapideverythingtm3258 2 роки тому +3

    Your videos are always great and bring a smile to my face

    • @jensentung
      @jensentung  2 роки тому +1

      Thanks for making me smile with this comment!

  • @taylan5579
    @taylan5579 2 роки тому +1

    there are ups and downs always, never lose your hope!

  • @danieljychun
    @danieljychun Рік тому

    I recently wrote a journal articke called "When the NFT Hype Settles, What Is Left beyond Profile Pictures? A Critical Review on the Impact of Blockchain Technologies in the Art Market"

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency Рік тому +1

    thanks for keeping it simple and straight forward

    • @Descendants_of_Elias
      @Descendants_of_Elias Рік тому

      After ETH launch expect #LUNATICSTOKEN NFT round 3, so if you hold smart chain (BNB) NFTs from LUNATICS expect to receive airdrop on the ETH side to the holding wallet
      #ETH
      #Binance
      #LUNC
      #BNB

  • @notyetskeletal4809
    @notyetskeletal4809 Рік тому +3

    This is the shit this generation cooked up. I'm so behind.

  • @carsten_scheafer13
    @carsten_scheafer13 2 роки тому +3

    When money realizes that it is in good hands, it wants to stay and multiply in those hands.

    • @Descendants_of_Elias
      @Descendants_of_Elias Рік тому

      After ETH launch expect #LUNATICSTOKEN NFT round 3, so if you hold smart chain (BNB) NFTs from LUNATICS expect to receive airdrop on the ETH side to the holding wallet
      #ETH
      #Binance
      #LUNC
      #BNB

    • @Kaipallaton0012
      @Kaipallaton0012 Рік тому

      Do you have any NFTS for sell . I'm willing to buy

  • @WEB.3ACADEMY
    @WEB.3ACADEMY 2 роки тому +1

    Man, believe or not, I really love the idea of your project ! I’m out of budget now but I will buy one of upyour NFTs soon! Love the idea & project. Keep it up, it’s going to be one the biggest ! Greate potential!

  • @PickettMusic
    @PickettMusic 2 роки тому +1

    Amazing odyssey, man...thanks for sharing this!

  • @fflk4
    @fflk4 Рік тому +14

    Whatever type of investrment you decide to get into,
    I think the key message here or for me rather is to
    start investing no matter how small. When you invest,
    you're buying a day that you don't have to work.. I pray
    everyone reading this become successful

    • @Bernd428
      @Bernd428 Рік тому

      You are right, so many people don't know this

    • @Kjartan888
      @Kjartan888 Рік тому +1

      Cypto is risky as many would say but I think the
      actual risk in it the fear of not Investing

    • @Muroi877
      @Muroi877 Рік тому

      Cypto trading is one of the easiest way to get out
      of poverty if you know your way around it

    • @Ling5288
      @Ling5288 Рік тому

      I'm a newbie in Cypto and Btcoin and am
      holding some cyptocurrencies in my wallet but
      I'm scared of losing them due to the recent
      crash

    • @Letitia.1
      @Letitia.1 Рік тому

      @Camden Schwartz You can connect with expert
      Charity Combs, Ive been Investing and trading my
      cyptocurrencies with her signals and has been
      nothing short of impressive returns

  • @atillathahunk
    @atillathahunk Рік тому +2

    What you really mean to say is "How I lost $1,000,000 with NFTs." 😂

  • @bebecrab
    @bebecrab 2 роки тому +7

    I have rewatched this video 4 times already. So addicted to your inspiring information.

    • @Codexofficial1
      @Codexofficial1 2 роки тому

      What are NFTs and how to make money?|Live NFT sell and purchase|NFT Explained in detail|#SELL NFT
      ua-cam.com/video/VfDkQ6u8jqE/v-deo.html

    • @bebecrab
      @bebecrab Рік тому

      @@TTW247 oh thank you

  • @musicforrelaxation-ic3so
    @musicforrelaxation-ic3so Рік тому

    Wow, this was really good. Thank you!

  • @Daylight7vs6
    @Daylight7vs6 Рік тому +1

    Wow tells how well your art work was 🎉

  • @Bakanyanchii
    @Bakanyanchii 2 роки тому +1

    I fwlt your pain, good luck with your project ♡ it's very cute, hope you make more great things with it!

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency 2 роки тому

    quick and informative, loved it

  • @gavinhornibrook1935
    @gavinhornibrook1935 10 місяців тому

    cool story bro and a great project

  • @morgie8907
    @morgie8907 2 місяці тому

    This video really helped clarify some of the complexities of crypto investing.

  • @rocheuro
    @rocheuro Рік тому

    that's such a inspiring story! thanks!

  • @MontseCalva
    @MontseCalva 2 роки тому +4

    Impeccable storytelling 😚🤌🏼

  • @CameronSWhitelaw
    @CameronSWhitelaw 2 роки тому +2

    This is such an amazing concept! I’ve been working on my nft project since October 2021 too and I feel like I don’t have enough to launch a collection- I don’t really know what I’m doing

    • @Descendants_of_Elias
      @Descendants_of_Elias Рік тому

      After ETH launch expect #LUNATICSTOKEN NFT round 3, so if you hold smart chain (BNB) NFTs from LUNATICS expect to receive airdrop on the ETH side to the holding wallet
      #ETH
      #Binance
      #LUNC
      #BNB

    • @marvelousabang709
      @marvelousabang709 Рік тому +2

      You can send a message for guidance too

  • @JoseSanchez-vo3rl
    @JoseSanchez-vo3rl Рік тому

    Great Stuff keep it up!!

  • @chidoridasschaf8354
    @chidoridasschaf8354 2 роки тому +2

    love your content wahat an amazing story

    • @Codexofficial1
      @Codexofficial1 2 роки тому

      What are NFTs and how to make money?|Live NFT sell and purchase|NFT Explained in detail|#SELL NFT
      ua-cam.com/video/VfDkQ6u8jqE/v-deo.html

  • @Conbot50001
    @Conbot50001 2 роки тому

    My kids love the Crayzillas coloring book, keep going sir

  • @johnmastrianni1904
    @johnmastrianni1904 Рік тому +2

    Did you repay those who minted through the scammers smart contract just curious how you approached that nightmare?

  • @learningwithaaron
    @learningwithaaron 8 місяців тому

    As a developer this really inspired me. Can you kindly ask your dev what framework or library they used for the drawing canvas? I would greatly appreciate it.

  • @queenyisbehindyou
    @queenyisbehindyou 2 роки тому +2

    THE DINO IS SO CUTE

  • @tropicxyt
    @tropicxyt 2 роки тому +4

    your best video, amazing story. i tried building an nft project too, it didnt go well lol its insanely hard

    • @jensentung
      @jensentung  2 роки тому +1

      Thank you so much! It is indeed, props to you for trying!

    • @Kaipallaton0012
      @Kaipallaton0012 Рік тому

      Do you still have the art I can buy it

  • @maryspencer3142
    @maryspencer3142 2 роки тому +1

    OMG, what a lesson! What a story.

  • @Bishopfx_
    @Bishopfx_ 2 роки тому +1

    Dope video 🔥💯

  • @shawuujaagamaajaagamaa3071
    @shawuujaagamaajaagamaa3071 Рік тому

    congratulations 🎉❤

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency Рік тому

    love the animation to explain this simply

  • @Arif29386
    @Arif29386 Рік тому +4

    He make money by showing how hard to make money

  • @JoinTh3Adventure
    @JoinTh3Adventure 6 місяців тому

    1:55 this is how i lost it all 30K xrp 10K xlm 1M Holo and 80 Egld i one second ,im so sory this happened to you ,it was my hardest moment in my life i went from wealthy to streets directly at the end of the month :( and never conect to anything from that moment i use a ledger at the end

  • @SandunLabs
    @SandunLabs 2 роки тому +1

    Now you are hunting from the Fiverr Refarel progamm.. lol.

  • @AISocialProfitsHub
    @AISocialProfitsHub Рік тому

    Your insights into the world of entrepreneurship have inspired me to take action on my dreams.

    • @Descendants_of_Elias
      @Descendants_of_Elias Рік тому

      After ETH launch expect #LUNATICSTOKEN NFT round 3, so if you hold smart chain (BNB) NFTs from LUNATICS expect to receive airdrop on the ETH side to the holding wallet
      #ETH
      #Binance
      #LUNC
      #BNB

  • @timon4851
    @timon4851 2 роки тому +1

    Nice Video!

  • @BrotherHood-xh9sg
    @BrotherHood-xh9sg Рік тому +2

    But why? What is the use of an NFT?

  • @akashrevi
    @akashrevi 2 роки тому +3

    I just heard about 1$ car NFTs and I was amazed that we can play and earn using those NFTs

  • @wang5008
    @wang5008 2 роки тому

    Watching your contents gives me butterflies '
    Keep it up

  • @TheSonOfAspectInHisBasement
    @TheSonOfAspectInHisBasement 2 роки тому +2

    I need to ask, what business should I do as a 13 year old living in australia?

  • @LoreenGuzy
    @LoreenGuzy Місяць тому

    Thanks for the forecast! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @priyankamukharjee7024
    @priyankamukharjee7024 5 місяців тому

    Hey this video is very inspiring can you please share what type of content you post for community building at the beginning of your project and what type of content you post you'll put if you not revile about your creative plan

  • @nftengravers4046
    @nftengravers4046 2 роки тому +6

    Amazing work Jensen, and great storytelling. If you are ever looking to provide some sweet 3d physicals for your community. We are here to help.

    • @Descendants_of_Elias
      @Descendants_of_Elias Рік тому

      After ETH launch expect #LUNATICSTOKEN NFT round 3, so if you hold smart chain (BNB) NFTs from LUNATICS expect to receive airdrop on the ETH side to the holding wallet
      #ETH
      #Binance
      #LUNC
      #BNB

  • @TatjanaGnjidic
    @TatjanaGnjidic 2 роки тому

    In short, he made unimportant drawing that you can color virtually instead of having coloring book and people are buying it because they pushed the "likeability" with marketing and games aka. brainwashing people and addicting them to something that they didn't even need at the first place it's like a cartoon, you can live and breathe without it but because kids are emotionally connected to it they want to by toys so that's how I understood this video wich is a surprise to me that I actually got a feeling why people are buying NFTs in the first place

  • @cryptojuice
    @cryptojuice 2 роки тому +4

    The real NFT is the friends we make along the way. 💪

  • @terrorpixel
    @terrorpixel 2 роки тому

    Thanks for sharing your story =)

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency Рік тому +1

    now to start investing!!

  • @human-u7h
    @human-u7h Рік тому

    Really inspiring!!!

  • @RANKTW
    @RANKTW Рік тому +1

    how much it costs you before you start making any money?

  • @Anne-b5f
    @Anne-b5f 3 місяці тому

    You're doing a fantastic job! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?

  • @NFTShowcase
    @NFTShowcase Рік тому

    NFTs are like a roller coster up and down, and again and again.

  • @JoinTh3Adventure
    @JoinTh3Adventure 6 місяців тому

    it took me 3 years to recover from scratch ,hardest recovery from ashes and to trust No one souless

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency Рік тому

    easy to understand thanks

  • @pauld5500
    @pauld5500 Рік тому

    The sarcasm in this video is real lmao

  • @Roselitheagent
    @Roselitheagent Рік тому

    Bruh, I too was making big money in LA, a shared one idea and they took everything from me. I have learned so much in this time, this is why Im not a billionaire by now. A true genius will always be a genius. Better inventions will come.

  • @IraDeblauw
    @IraDeblauw Рік тому

    I definitely want more videos about binary options!!!

  • @Retronize84
    @Retronize84 2 роки тому +2

    Love NFTs but so many scams and rug pulls out there. I will join when it gets cleaned up.

  • @dynamics9000
    @dynamics9000 2 роки тому

    The easiest way to succeed in any field is to work on it consistantly, and consistancy is the key to success. I experienced my self. By the way, thanks for the uploads , a fellow creator,,..

  • @scottjustin9800
    @scottjustin9800 2 роки тому

    Great video. I pretty much only collect Pepes, but I bought a Crazilla because you seem like a stand up guy.

  • @lecongphuong9602
    @lecongphuong9602 Рік тому

    There are 2 major future crypto projects that you need to pay attention to regarding NFTs: NFTART and SHIBADOGE

  • @XhraboN
    @XhraboN 2 роки тому

    You’re genius man❤

  • @Broxadi
    @Broxadi Рік тому

    Bro how much gas you pay while minting the nft? Please reply

  • @kevkuehnertskuelerkuehlschrank
    @kevkuehnertskuelerkuehlschrank 2 роки тому +2

    alright so gotta be honest i dont own nfts and i dont plan to buy some in the future. But i would be interested in why i should buy them. Like what is the reason for somebody to spend around 100€ (at the current price for eth.) for this nft specific or in generall. Im not hating or anything im just asking cause for me this still looks like a digital coloring book.

    • @kevkuehnertskuelerkuehlschrank
      @kevkuehnertskuelerkuehlschrank 2 роки тому

      yeah thanks mate

    • @Avenger222
      @Avenger222 2 роки тому +1

      Why? Basically, all you have to do is hype it up and sell it to someone else for more than you paid for. Even better if your a celeb, because then your word has more weight and more people will buy into it. After they buy into it, you pull everything you have and sell it at the new high price.
      Another way, is you make the NFTs themselves, then you can have contracts that allow the owner to modify the contract at any time. Buy a TON of them pre-sales and let your friends buy pre-sales for a tiny cost and then when you open the sales up, if it's hyped up enough, it'll sell for a lot more. Then you modify the contract to STOP buyers from selling. Because they're locked in the price stays the same. The owner can allow them and their friends to sell and BOOM, you're rich.
      This is the world of NFTs.

    • @kevkuehnertskuelerkuehlschrank
      @kevkuehnertskuelerkuehlschrank 2 роки тому

      @@Avenger222 ye i know i just wanted to hear it from him.
      But idk if you can see his answers but he just wanted me to write him privatly which wouldnt be as much fun lol

    • @jensentung
      @jensentung  2 роки тому

      It wasn't me, it was an imposter pretending to be me! Make sure you always look for the checkmark next to my name.

  • @wt_art
    @wt_art Рік тому

    hello..question: who pay fees seller or buyer on opensea? or if i sell some nft do i have to pay something before transfer or opensea take percent of price?tnx

  • @mostafagamers7440
    @mostafagamers7440 Рік тому +1

    Broooooooooooooooooooooooooooooooooooooooooooooooooooh i love your videos

  • @Intelmagnate
    @Intelmagnate 2 роки тому +2

    Very nice video

  • @goldknox9629
    @goldknox9629 Рік тому

    NFTs demand was dropping out. "We were running out of time" aka we knew the product we were selling was just hype and we needed to get suckers to buy them before the demand dried up

  • @user-lh9zo8px3v
    @user-lh9zo8px3v Рік тому

    Hey, 👋 was wondering what your thoughts would be about a UA-cam pattern sold as a nft

  • @TatjanaGnjidic
    @TatjanaGnjidic 2 роки тому

    Yeah one more thing, bro you are laying it so transparent

  • @hiddenpro8424
    @hiddenpro8424 Рік тому

    1:38 in the moment when i hear to say it only before few hours when i get scamed too in the same way😂😂wtf

  • @Working669
    @Working669 Рік тому +2

    Time to screensots some nft's

  • @razaaurelie3692
    @razaaurelie3692 19 днів тому

    I'm planning my own artistic project too but I don't have a team, I'm alone. I hope I have the success you achieved.

  • @kimberlyambe
    @kimberlyambe 2 роки тому

    So scary but I believe with Upstair NFT marketplace your NFT’s are safe and secure

  • @N1111x
    @N1111x 2 роки тому

    You should consider contacting Disney or such company to convert this project also into a live movies character brand

  • @HappyLife-nd7bo
    @HappyLife-nd7bo Рік тому +1

    📹Make a video on how you spend your money

  • @coasteringkid
    @coasteringkid 2 роки тому +2

    This is like a jomatech paraody but it's real lol

  • @KhaledRachadMimi
    @KhaledRachadMimi 2 роки тому +1

    this video is such an inspiration to me, Nice Work! 🇩🇿

  • @enochlightolaleye6235
    @enochlightolaleye6235 Рік тому

    How did you get to advertise you NFTs on Twitter and discord?

  • @BitcoinAndCryptoCurrency
    @BitcoinAndCryptoCurrency Рік тому

    I am excited about learning crypto