The new influencer scam

[@jadajohnson4492]

"this is not financial advice" is me helping people with homework & adding "but I could be wrong though" at the end to save myself lmao

[@victorjhgf]

lmaoooo i do this all the time

[@botcore]

the difference is you're actually trying to help them tho. scammers purposefully give u the wrong answers to fuck up ya grades and then be like "but idk lol!!!🤭"

[@haven9586]

literally gotta make sure my bases are covered can’t nobody be mad at me 😂

[@Lilredcupcake]

Wise.

[@cr9732]

😂😂 on point 👌🏼

[@angles4307]

This is just dad sitting us down and telling us how to handle our finances. Thanks, dad.

[@ivanganev27]

lmaoooo

[@berniepina860]

Buy high. Sell low

[@Li_Tobler]

Idk he has more like an older brother-vibes to me

[@reagankurtz6517]

grandpa *

[@kaylataylor9575]

@croissantcrust literally this

[@harryread7663]

Saying "this is not financial advice," is the new "its just a prank bro."

[@MiguelLopez-kc5ww]

this is the darkest thing i've ever read

[@ledemsealsnew]

reminds me more of the "no copyright intended" youtube days

[@bitkurd]

They say that “not financial advise” because they don’t want to get sued by you when you lose money to ponzi’s like shiba.

[@rah7729]

I'm stealing this comment it's just prank bro

[@akman909]

yeah but hopefully nobody dies from it like "its just a prank bro"

[@officialniktheking6891]

Mad respect for Cody that even after he was kidnapped and placed in a room at some shady motel in Arizona he continues to make videos

[@jinx_it1]

LMAOOO

[@Angelleyes99]

hahahaaa

[@dylanseacrest1791]

lmfaoooo fkn stop I had to sign in just to comment how perfect this is

[@strawbaby2320]

THATS WHAT I WAD THINKING OMFG

[@alexandriacandler2877]

from Arizona, can confirm that we've held Cody hostage.

[@emilysaunders1262]

The only influencer that is actually telling people NOT to buy.

[@Wolfpaw754]

Which is dumb, wait till it goes to its lowest, then buy, it's gonna go back up

[@nilen]

Elon Cum Coin 🪙

[@fragtall]

He didnt say that did he? He only warned about shitty "joke" coins made to scam people

[@jsurridge5001]

Tbf he wasn’t explicitly saying don’t buy at all. He was saying be careful when buying and by that he means research the fuck out of what you’re buying which is sound advice. If anyone watches this video and still goes out to buy Safemoon or SHIB, they’re fucking morons

[@bobsaarloos3385]

@@jsurridge5001 exactly, putting money into things like ETH or ADA when they're low right now isn't bad, it's putting money into some shitty meme coin that people have paid influencers for to promote them and pull a quick rug pull that people should now do.

[@sundaywrites3498]

this is proof I would listen to cody talk about anything.

[@danaeclean1328]

literally.

[@abbiexx1953]

Seriously though🤣 If there’s one thing I thought I wouldn’t be learning about on a Monday aftetnoon, it was capitalist scams

[@annie_is_bored]

Yeah he could talk about anything and I'd listen

[@folddealfeal2740]

Same :/

[@eviemh]

Same honestly

[@cason3547]

This radiates your dad giving you sound financial advice energy

[@FrenkTheJoy]

Not my dad.

[@qdillon18]

jokes on you because my dad has never given sound financial advice

[@veespa_]

In 2012, when bitcoin was sub-$20, I had $6,000 set aside that I was going to invest in bitcoin, and I was told ALL MY LIFE, “Listen to your elders.” So I thought, yea, I’ll do that. My dad was a CPA and later an account manager for fuel contracts for a major power company, and my uncle was a CEO for a major bank in my city for many years. They both said, “It’s too risky, you shouldn’t invest.” I learned, “if it’s tech related, I _CLEARLY_ know better, screw what my elders say.” SMFH... I lost hard.

[@mallowmallow2070]

Never invest what you can't afford to lose, pay your bills, pay yourself, THEN invest. Good luck moon pals

[@krisfoltyn1274]

Lol but he literally spit fud on safemoon and used a known scammer that was immediately identified for his bs!

[@CombatOstrich]

the more I learn about cryptocurrency the less I understand about cryptocurrency

[@lucasoktv]

Just have a responsible amount of money in BTC & ETH and right now it’s really low so it’s a good time to buy. That’s really the only sound advice anyone could give at this current juncture.

[@jofip1999]

Thank God I’m not the only one lmaoooo

[@CombatOstrich]

y'all I didn't even know there were other cryptocurrencies besides Bitcoin, I always assumed stuff like Dogecoin was just a meme (╯°□°）╯︵ ┻━┻

[@Wesley-ri1mx]

Same

[@THICCTHICCTHICC]

@@CombatOstrich There's about 10,000 listed ones

[@JuliaN-fi9zw]

I always forget that Cody was an engineer and isn’t just a commentator for Cut

[@rlorose]

right he literally went to DUKE an amazing super hard to get into school in my state

[@VanessaScrillions]

Lolllll

[@sarahubbard2397]

I became an Engineering student cause I was watching a Cody ko vid and he mentioned that he was an engineer

[@gliitch777]

The transition was frictionless

[@sarahtaylor9257]

@@sarahubbard2397 QUEEN energy

[@CodyKo]

ponz eye scheme

[@jamesduncan6729]

Get a dictionary homeslice, could do you some good my boi

[@moethemoon]

Lol this comment is so far down

[@fatimagutierrez888]

why does this have 22 likes

[@yeetskirter4685]

Launch chode coin I probably won’t buy it but I want news outlets talking about it

[@elfsatyr]

no yeah dude for sure

[@ltcw04]

why does cody look like he’s staying in the apocalypse bunker from the last vid

[@janazain2947]

kzbin.info/www/bejne/npisgX-rnb56ras

[@radkouse1of1]

stfu with the links

[@yoonjaywon]

LITERALLY THE PERFECT COMMENT BC UR ABSOLUTELY RIGHT JSBSKWBS

[@avianareid2332]

he’s prepared i respect that🙏

[@radkouse1of1]

the window is 100% a screen

[@johngrossiv9185]

I appreciate seeing the pre-youtube career side of Cody's brain

[@isihaas8131]

Cody’s set up really makes him look like the funny uncle that goes fishing to cope with his depression While drinking beer

[@darci_5551]

did you mean nick miller ?

[@ioannaz.376]

Ahoy!

[@morganpierce5142]

he’s in that bunker lmao

[@VictorPollo]

I don’t really get this because I’m not white but I’m imagining it

[@colt7526]

@@VictorPollo lmao I just geeked 🤣

[@ObviouslyASMR]

Props to Cody for protecting his audience from scams when he could've easily banked on this

[@mothman4672]

Don’t speak before chodecoin has arisen

[@TurnUpTheAC63]

Yooo i love ur vids lol

[@TheCheelik]

when is Luukcoin

[@ObviouslyASMR]

@@TurnUpTheAC63 hey man, thanks!

[@ObviouslyASMR]

@@TheCheelik *witty response pending...*

[@fatimashahid7592]

I’m actually confused about where he is like he could have been in a bunker this whole time

[@ivymarcia]

he's at his parents im pretty sure

[@potato-whiz]

Cody and Kelsey and some friends were staying at a cabin, I think in Utah or somewhere like that.

[@oliverjager3369]

@@potato-whiz Yeah they are at the canyons/park city mountain resort in park city

[@samberg141]

@I care bruh what

[@amdeus]

@I care wtf

[@MP-oi7dz]

Dude is so funny I forget how smart he is. Man studied computer science at Duke and created/sold a fairly successful app. Now he makes many more millions on KZbin. Impressive guy for real.

[@toby8266]

Fax bro . You know you’re making good money when you have big ass windows. Also he was making fun of LA Range Rover drivers only to become one lmao

[@fatima-jc8do]

@@toby8266 that doesn't take away the fact tat he is smart and an amazing KZbinr for 3 years now. you are trying your best to put him down so u could feel good about yourself. him driving range rover triggered your ass

[@muemuemue]

@@fatima-jc8do bruh u the only one mad he was makin a joke

[@fatima-jc8do]

@@muemuemue it was a trashy one then

[@itisjustacomment]

You needed him to tell you this info and call him smart for doing so. More fool you.

[@moonycanwatch]

I really appreciate cody giving all of us advice like the dad of the entire internet that he is

[@gabrielledesmeules9802]

grandpa of the entire internet**

[@yellowsnowbird]

Ikr he's looking out for us :D

[@dorsaldestroyer.c2875]

I was the 567 like. 5,6,7

[@sabrinalove7223]

(NOT FINANCIAL ADVICE)

[@cadenceolivia6304]

Philza Minecraft is the internet father, Cody is the grandpa

[@justmehabibi]

brb gonna invest grandmas life insurance into crypto

[@Jackpauler4lyfe]

Sorry grammy but ima bout to win the Grammy award for bein the most ballin in crypto 😎

[@friesareyummy]

Ok

[@michaelaokay5665]

Buy doge coin

[@elise7492]

You mean invest ?

[@jjpelham7548]

@@elise7492 nah, he means donate

[@mirandap7034]

thinking about that post that's like "cryptocurrency is just astrology for men"

[@sluttyslut-tt6rm]

omfggg💀

[@samspiano7070]

bruh💀

[@jaxenaz]

Fr

[@emmalopez8402]

I’ve been thinking about this too haha

[@bernadettepangowish8817]

OMG LMAOO

[@jordanjordan124]

Okay it’s not financial advice but... It’s quick, It’s easy, And it’s free, Pouring river water in your socks.

[@kensley8502]

A genius

[@helen8602]

Wasn't this on tumblr lmao

[@bobvanceisgay]

“why would i do that” “it’s quick it’s easy and it’s free”

[@vinm3630]

Unless you have no river nearby.....

[@mitochondriya4269]

I dont know if this makes sense, but Cody looks like how the room behind him looks like.

[@io2255]

lmfao

[@Corn22]

...white

[@D1gitallyalive]

he jus needz 2 brush hiz hair

[@D1gitallyalive]

or maybe hez jus fresh out da shower

[@jumajaco]

Lmao

[@adotey5269]

Cody just casually drops that we are living in a simulation

[@brandyhickman9787]

i love cody telling us to be careful he really is a dad at heart

[@Goldennote]

Grandfather *

[@christinacartoonsoul4927]

Canadian dad

[@danacruz6423]

☺️

[@briana5751]

“Be careful kids”

[@goldkitty12]

Kelsey has been real quiet since this comment

[@teresamccomish6018]

Me pretending like I have any idea what Cody is talking about

[@JunkBondTrader]

lol he doesn't even know what he's saying, don't worry about it

[@adammayall1095]

@@JunkBondTrader he’s shitting on the scam pump and dump coins as he should, not crypto as a whole get over yourself

[@JohnDoe-kn7ex]

Basically the creator of a new coin will message influencers to sponsor them and will either give them money or some of the coin. The influencers will promote the coin on social media and when their fans start buying a ton of the coin, the price of the coin will go up. Once the influencers/creators/early buyers see it start to peak, they sell all of the coin to make a decent profit. This leaves all the fans who bought a bunch of the coin with no money and a worthless coin.

[@kalpic11]

exactly

[@kuchtwotimes]

@@JunkBondTrader sounds like someone who lost money on cumrocket coin

[@Nalter]

Glad somebody said it. But at the same time drop some Cody Koins and I'm selling my house to buy in hard 🤑

[@bekkfxst]

Fr, like, I’m smart with my money but I’ve got some extra cash burning a hole in my wallet since so many businesses have been shut down so I’m down for a little Cody based scam.

[@eye2eye899]

@@bekkfxst wanna help a man buy some groceries lol? I’m working four jobs cause covid killed my savings.

[@raphaelmourani3317]

Agreed

[@whynosaur]

@@eye2eye899 How do you make the time? I'm doing 2 and am still busy about 14 hours a day.

[@heather_doestruecrime]

Imagine mailing a serial killer a letter about how to get away with their crimes & just throwing a casual ✨not legal advice✨ in at the end

[@zakuu4992]

I'm cackling like a madman

[@acvieluf]

That happened. It was a book written, but ended up blocked from being published (although the company already was starting the PR for it). O.J. Simpson's "If i had done it"

[@madelynmackintosh]

Cody pronouncing "Ponzi" like "Bonsai" is the funniest fucking thing idc

[@Musicmasterunknown]

THANK YOU for noticing this hahahaha

[@jamesduncan6729]

Dude yes. I cackled like an idiot when I heard him say that

[@osirisapex7483]

“Pons-eye scheme” lol that’s something different entirely, this is just garden variety pump-and-dump

[@dynamicpaintball]

For anyone confused, its PAWN-ZEE scheme.

[@isabelwallgren2885]

was about to comment

[@samclukey9802]

Everyone: Ponzi scheme Cody: *PAWN'S EYE SCHEME*

[@lucasoktv]

*bonzi tree

[@amyh9036]

He’s Canadian, we’ll let it slide

[@jesustyronechrist2330]

Remember: The moment your family members start talking about it, it's already dying.

[@JunkBondTrader]

lol no one says that. This bull market is young, and the space is very early. you're clueless if you think crypto is dying. It's barely beginning. Just watch this summer.

[@liizzset]

Usually, but when government becomes involved that's when you should worry more.

[@charlesm.2604]

@@JunkBondTrader There is absolutely no way to determine when a market is gonna bloom or drop. That's the whole point. That's why it turns some people into multi-millionaires or into debt. Oh sorry, the only way to determine when a market is gonna bloom or drop is to do insider trading. You don't determine shit, you just know how a market is influenced before the info reach general public. And unless you're a billionaire directly influencing your market or work for the government, you can't do insider trading.

[@samadler2458]

Posting “not financial advice” is the legal equivalent of saying “no homo”

[@megczaban6814]

"no offense"

[@jamest3336]

without prejudice

[@saint508]

“My bad”

[@stonechaisson7275]

"im not racist, but..."

[@lewqitz]

"I don't want to be that guy, but"

[@hadleystrainge]

when you pretend to be stupid on the internet but you have a degree in computer science from duke

[@botcore]

blockchain and crypto wasnt yet conceived back when cody graduated in the 15th century

[@NEELNEILNEELE]

@@botcore pretty sure Cody graduated in 2013 after blockchain was concieved

[@tombeacher9667]

@@botcore you're an idiot, Bitcoin has been around for 12 years

[@tombeacher9667]

@@botcore well considering he graduated in 2012 my point still stands and you are incorrect, probably just mad you bought BTC over 10k lol

[@botcore]

@@tombeacher9667 bro you good? you made two replies but somehow still didn't read the last four words of mine: "in the 15th century". cant tell if you're confused about what a century is or what a joke is lol

[@Sunpelt58]

cody: explains the complexities of cryptocurrency scams also cody: pronounces ponzi like bonsai

[@annabellerose678]

Honestly really liked this change of pace. It’s refreshing to hear you talk about something you’re actually interested in

[@fupafoodreview7745]

Cody lost all his money in chodecoin and Kelsey kicked him out to the bunker😢

[@MrBallen]

the ending was too good hahah

[@Hjo2005]

What up check mark

[@briank8993]

@mrballen dude I love you

[@pineapplefox3673]

Didnt expect to see you here 😂

[@MrBallen]

@@pineapplefox3673 he’s a very funny dude!

[@MrBallen]

@@briank8993 thank you!

[@Saammmoooonnnnn]

Mad respect for Cody for not taking advantage of this himself and going out of his way to educate people and prevent scams 📈📈📈

[@icantgetridofthisusernamehelp]

I don't know shit about crypto but listening to Cody talk about something he's passionate about makes it worth the confusion

[@sadiecable8237]

Yep sums up how I feel about this video lol

[@roulettesable]

im starting to feel emotionally connected to this man.

[@blackmagicks]

r/suddenlygay

[@harsheh]

he's my father now

[@levistewart8856]

Uhhhhhh sugar GAAAAAAY????

[@bluepuppy7]

..... im gonna steal ur name.... or maybe just tweak it ...im sorry I have to

[@aceshighest]

> pronouncing “Ponzi” like “bonsai” with a P

[@painteater]

Lol

[@parissideris1757]

im crying

[@BG-jj5sd]

came to see if anyone else caught that 😂

[@seangray1309]

Had to open up the phone KZbin to comment this one myself

[@valkyrie2832]

Wait....that’s not how you pronounce it?

[@issi7285]

in the nicest way possible, cody is starting to look like a country boy

[@nicoleheinzmann8780]

country boy, i love you, mleehhhhhhh

[@Maialeen]

Damn. Well. It is what it is. Yee yee I guess.

[@friesareyummy]

@@nicoleheinzmann8780 yes

[@annie_is_bored]

Yee yee

[@likemysnopp]

howdy

[@mayadah2585]

it's so wholesome cody is looking out for us it feels like he's our older brother bullying us into not doing stupid things.

[@dramamine6199]

i could listen to him talk about literally anything. idk wtf he’s talking about

[@datchaanimalsheltermoldova1980]

Same feeling 🤣

[@nilen]

Crypto?

[@monke7105]

@@nilen it's like i know what he is talking about..but still don't know?

[@t21swordz]

Do ur research on crypto and u will realize it’s a whole new opportunity

[@michaelhebert1221]

you don’t really need to understand crypto to get what’s going on here. people promote these coins so their followers buy them which then increases the value of the coin..the promoter then sells the coin to make profit off of the increase, because of this major sell off the value plummets and leaves everyone else broke. it’s called pump and dump bcus they pump up the value then dump it once they achieve a profit.

[@elissadavis2429]

This is possibly the most loving thing I’ve ever seen a huge KZbin do for their fans. Just lookin out for em, doesn’t want them to get scammed :,)

[@_Stagnate_]

The fact that Carol Baskin called her Bitcoin 'Cat' and not 'Kitcoin' is a bigger sin than her killing her husband and feeding him to the tigers.

[@lizard5172]

HAHAHAHAH

[@artisticallyannelise4216]

IM CRYING NO 💀😭✋

[@poetlebrun8388]

the next coin should be called “Elon’s musk”

[@gonzalez1120]

underrated af

[@christinacartoonsoul4927]

Noice!!!

[@noahswork7997]

Nah his cologne should be

[@abslzero]

Elon's husk

[@Emmaraine]

General advice for crypto: if you’re hearing about it in the news, you’re probably already too late to buy in and make money. Do not let the hype get to your wallet.

[@Kitticane]

A lot of crypto was down to all time lows this weekend. It was the perfect time to invest into big name ones. Bitcoin gained $8k in a day.

[@Emmaraine]

@@Kitticane indeed it was!! Buy lows, sell highs!

[@AnyaEnthusiast]

bruh how do you do crypto how do you money, basically i dont get it im so angry smh

[@LordOfFlies]

True for shitcoins, not for any real coins.

[@Opticillusion160]

@@Kitticane which is all the more reason to stay the fuck away. Its an extremely volatile market that relies on memes and whether or not countries will restrict it. If you hear 15 year olds talking about it, you’re too late and should avoid it at all costs

[@hwilliams3930]

My coworker is a typical crypto investor. Constantly talks about how he’s going to be a millionaire in a year, how everyone else just doesn’t get it, how it’s going to make the US dollar irrelevant, yada yada. It’s hilarious but also sad.

[@Ckproduction03]

I’ve worked within the crypto landscape, the technology is legit. I tell people all the time to invest in it (not finance advice lol). If you do research it’s a smart long term investment if your young so props to your coworker

[@sarasaeed6349]

@@Ckproduction03 go outside

[@user-em1ih2ce8w]

@@sarasaeed6349 go make money

[@sarasaeed6349]

@@user-em1ih2ce8w don’t feel like it once again go outside

[@Andres-cq3ly]

@@sarasaeed6349 anyone with half a braincell would realize that ckproduction is right...

[@noahcenetmayo7003]

love seeing that kelsey finally decided to put him in a retirement home 🥺

[@janazain2947]

kzbin.info/www/bejne/npisgX-rnb56ras

[@Winford.Studios]

😐

[@kinginblack7947]

Haha old guy funny comment

[@tizzels4502]

😐

[@radkouse1of1]

I get it 😭😭 because 😂😂 he's old 🧓💯💯🤣🤣

[@peglakanta]

that “not legal advice” disclamer sounds like those “please don’t play this game at work/school😂😂” ads for random (addictive) games

[@lowwpmd945]

me pretending to understand what he’s talking about 🤸🏾‍♂️🕳

[@TheBasketballArchivist]

Put your whole net worth into butt hole coin

[@jaybn4350]

Entire life savings into compoopoo money

[@artisticallyannelise4216]

Ah yes coins... those are like money right🚶‍♀️

[@MewMewLove55]

There’s going to be a day.. where people won’t be blinded by money and know that the fruit of riches is helping each other. Seeing each other thrive and doing good for themselves. Thanks Cody for being so kind!

[@Big-D-Luffy]

if that day ever came i feel like the world would end.

[@AverageDBFan]

Amen

[@bomtradym4027]

Never gonna happen unfortunately

[@SneakTheOcto]

Nope. Not gonna happen.

[@nadirfaroug8856]

cody looks like he's about to tell you about how he became a sound technician for Fox 9

[@kristing1350]

Ommmg yes 🤣🤣🤣

[@bookkeeper8092]

This is so specific but it weirdly makes sense

[@SammyBulka]

it’s hilarious that dogecoin started as a joke but i legit heard middle aged men discussing their profits from it while i was checking them out in the trader joe’s line.....

[@kingofascension2026]

Yeah the profits are something serio... Wait

[@treefiddytwoo]

damn you like older men, huh? nice!

[@mrs.lauren7726]

Checking out (grocery line) or checking them out?? (The men in line). Is it a typo lol

[@liftbread]

this didn't happen you've never been to trader joe's

[@SammyBulka]

oh my god i work at trader joe’s i was ringing up their groceries jesus

[@maxxe2]

Cody pronouncing ponzi like bonsai is the energy I need right now

[@Ben_here_b4]

Damn I remember when the only people talking about Bitcoin were my nerdy junkie friends just trying to buy drugs

[@tdub6542]

Lmaoo

[@toby8266]

Bet those were the most expensive drugs you’ve ever bought nowadays

[@jakemckeown9459]

Im glad Cody is pointing out Pond’s-eye schemes

[@potatopotatoeOG]

Ponzi scheme Pond's-eye🤣💀💀💀💀💀🤣

[@alexvega723]

r/boneappletea

[@FreyaWarr]

I’m sorry...pond’s-eye?? You might want to try googling that.

[@Treesuh]

I went right to the comments after I heard that. Never heard anyone pronounce it like that before lmao

[@elizabethm4705]

Under his eye

[@davemcg2344]

Also: the problem with a lot of people who put a load of their net worth into crypto is they aren't doing it because they believe in the coin, they're doing it because they think *they'll* be smart enough to get out before a crash. Rarely are they.

[@awesomesauce5367]

@Nessa yeah I don’t buy anything but ETH, BTC, and DASH and have tripled my money. Obviously I didn’t put like half my savings in like some people are doing and the crash kinda hurt me but I’ve still made a net profit. I think crypto can be good to invest in you just have to be careful like any investment and obviously not put too much of your money in

[@kiraPh1234k]

@@awesomesauce5367 Stop. You cannot call pure gambling "a good investment". Let me ask you something, do you think US citizens have US dollars because of "investing"? No, currency is for buying and selling goods in. That's where literally ALL of it's value comes from. For cryptocurrency like Bitcoin, the rampant gambling has destabilized the price so much that buying and selling goods is no longer realistic with it. It has removed value from the coin. And yet, the price goes up and down. Why? Because people THINK others will PAY MORE FOR IT LATER. This again, is pure gambling. The price fluctuation is happening based purely on opinion, not on anything related to the currency or it's usage. It's like ForEx trading but without an actual backing economy to make predictions from, unless you actually use it to buy and sell goods just as you do your local currency (such as the US dollar). Gambling/speculation are NOT investing. That's like saying you're "investing" in the casino when you are just playing slots.

[@awesomesauce5367]

@@kiraPh1234k dude I just buy it when the market crashes and then when Bitcoin doubles I sell. calm down. I bought Bitcoin at 32,000 and sold at 61,000 so I just about doubled my money. it’s pretty easy to do the market cycles a lot and yeah it crashes but you just have to notifications on and if it crashes it’ll let you know and you make the decision to sell or stay. I don’t really give a shit about whether it will replace the dollar or anything I’m just making money and I’ve already made thousands so. It’s not the same as gambling because there’s a clear cycle to if if you understand how it works and have notifications of price fluctuations on

[@kiraPh1234k]

@@awesomesauce5367 "There's a clear cycle" - No, there's speculation that you incorrectly confuse with a "cycle". Again, these price changes are due purely to morons speculating (and no, it's not hyperbolic to call these people morons.). As for doubling your money; Yeah, gambling has high payouts. However, keep in mind you didn't just magically double your money. You took money from other people stupid enough to think that it was an investment. For ever person who makes money through this, there are a great many more losing it. Btw that cycle of telling people to "invest" in something and then selling when they do so is called a "pump and dump" in the financial market. It also seems to be what you're set up doing, in that you're trying to convince people of the same and have alerts set up do when they do "invest", you take their money. There is no actual pattern, just like wearing the same pair of underwear doesn't make your favorite team win. You may think there's a pattern, but there's not. It is pure gambling (though you can increase your odds by embracing the scams like pump and dumping). You're buying on speculation, which is by definition gambling. Speculation is the word we use to describe what you are calling a "cycle", where you are operating based on beliefs instead of deductions to make your decision. And most importantly for everyone: MOST PEOPLE LOSE MONEY BY BUYING CRYPTO -- YOU CANNOT EARN MONEY THIS WAY WITHOUT MANY OTHERS LOSING MONEY, ITS VERY SIMPLE MATH. THIS MONEY ISN'T COMING FROM NOWHERE I guess the funniest part though is that the more money you earn like this, the more likely you are to lose it unless you're very scam-minded. You keep buying when all the scammers sell, assuming there's an infinite supply of suckers to keep losing their money on BTC, and the more you do this the more confident you are that the suckers will never stop. Problem is, the longer you go on the less likely there are going to be surges from suckers. It gets riskier and riskier and then it's too late to get out. Unfortunate as it happens to most of those who make money on there without realizing what the scam is as they never want to get out and the scam will finish. You have the right to spend your money how you choose. But this is gambling and i don't want you misrepresenting that as "investing". You can gamble as much as you like.

[@awesomesauce5367]

@@kiraPh1234k calm down and get a life

[@spacewiz163]

Personally Crypto feels like something beyond me. Like something from another world. Basically i have no idea.

[@lugi25]

same. sound wack. i wish we stuck to cash or debit/credit

[@sunshine_hun]

Same, I always feel like such an idiot when i hear anything about it. You could speak japanese and it would sound the same to me

[@spacewiz163]

@@sunshine_hun lol pretty much. At this point im just an observer. Who knows how it will play out.🙂

[@AnimeFan9833]

I think it's a very interesting topic and technology but it's not something you really have to look into, unless you're interested in using them.

[@mokelmoo3940]

It's basically nerds trying to make bank off of a currency in the case of bitcoin which is pretty much only good for making illegal transactions. Now some coins do have more practical uses like stellar lumens and hence have been labled stable coins because they are tied to something real financially. Anyone who pretends to understand what will happen with bitcoin(at least within any immediate future) is totally bullshitting.

[@m._6566]

''This is not legal advice'' is like me helping my friends with tests and stuff and adding 'Idk tho' at the end just in case I'm wrong and they fail...

[@sukosuko]

this feel's like a commentary vid of old, from the tales of a time when youtubers could call out shitty behaviours other content creators are engaging in without fear of being banned or spit out of the almight blood god algorithm

[@ashtethic]

These satirically named coins make me wanna live in a world where daily use products are also named this way like instead of,,,,,,,pringles it would be called *Fart Lemon 1000*

[@Osndbia]

I was scrooling through the comments while eating my pringles and took a bite the second I read about them. I was choking lmao

[@AprilBytheBay]

I’m high as hell and I was laughing my stupid ass off

[@tophercIaus]

Millenials will be CEOs of those companies soon. This is coming.

[@mohedaicebear]

finna make this a tweet

[@Beelzebubby91]

@@tophercIaus I’m so excited for this 😂

[@AngelQuiroz]

The only thing I took from this video is that Cody pronounces ponzi as “pawns eye”

[@moto_slug]

banzai scheme

[@user-dx8br5vb3n]

Meticulously, meditatively shaping and pruning my ponzai scheme over many yrs

[@madisonsimmons9526]

what a standup dude tbh he’s got a pretty big audience and instead of perpetuating the scamming he’s trying to caution people which shows he’s got integrity

[@theriemannbreaker8174]

Be very skeptical of investing in anything that doesn't provide a service or produce a product.

[@ciaranwebb6871]

so true

[@zoeg5304]

Currency in general doesn’t provide a service or produce a product (unless you count BoA locking ur card when you buy something at the grocery store you’ve been going to for years), but you invest a lot of time into that to get banknotes and coins that are only valuable bc the government says it is not the actual worth of the product. And for the most part cash is used less frequently nowadays. The big difference is just that it’s decentralized, where usually the government regulates it. But also thats definitely a good reason to be skeptical, also the fact that bitcoin computers use the same amount of energy as the entire nation of switzerland in a year. Its horrible for the environment and also its used for a lot of illicit transactions

[@unknownuser5645]

Blockchain actually provides plenty of services and will provide even more in the future.

[@Purplesquigglystripe]

@@zoeg5304 yeah bitcoin is unsustainable by design. If a crypto becomes mainstream, it will be because the technology behind it has improved to fix its current issues. Cheap copies of other blockchains won't last long.

[@quadzilla7572]

@@zoeg5304 I thinks it's weird how it's kinda shifted from a deregulated coin that will replace the dollar. To some type of investment you hope to make money out of.

[@TheKmeins]

“PONS-eye” scheme. Why did that crack me up? Is that how you say it? I’ve always said it like “PON-Zee.”

[@joroz9808]

No, it’s definitely PONZ-ee lol

[@will6176]

Bonsai tree, ponseye scheme

[@SamGlaze]

@@will6176 Bonsai scheme

[@apurva616]

Lele PONS-EYE scheme

[@joshohanlon1085]

Finally someone talking about this been seeing this shit for ages, respect Cody

[@LisaHausi]

I love hearing Cody talk about tech stuff idk why that's so entertaining

[@AnimeFan9833]

I feel like influencers literally just discovered capital markets

[@sahilarora558]

My dumb ass is laughing at this as if I’m not holding a bunch of shitcoins

[@alexandraurbano3586]

lmao cody : I'm not an expert also cody: Studies software engineer at duke

[@garlicyum]

that doesnt make you an expert on crypto

[@zoeg5304]

Lol yeah he probably knows way more than the average plebeian. But tbh crypto is pretty new and he’s so old that they probably didnt rly teach it much when he was in school since its not important for software engineering

[@collinthornton3926]

@@zoeg5304 they don't teach it now and probably won't in the near future, at least not at public universities. Can't teach against big banks and the almighty USD.

[@aidangray100]

@@collinthornton3926 they teach block chain in uni

[@Official-D.W.]

He’s 32

[@morgantremble]

Commenting for engagement because, for possibly the first time in Cody’s entire career, this is a really important video that will help a lot of people when they see it.

[@Elena-bk4fs]

college frat boys hear “cryptocurrency” and literally go running to tell everyone that they are a finance and stock market expert. is that just my school or does anyone else experience this???

[@tomoekulka6843]

Unfortunately this is a shared experience

[@eddy6155]

No

[@StockerFinance]

Oh yeah lol. As someone who actually studies finance and conducts research, the amount dumb stuff I hear people say is outstanding. The classic one is when someone calls a cryptocurrency a "stock" even though the word currency is in the damn name.

[@henotic.essence]

Yuuup

[@henotic.essence]

@@StockerFinance it's easily percieved as a form of stock because the value is so volatile. But it is a new currency trying to solidify a value (which is difficult to do with celebs pump and dumping and folks treating crypto LIKE a stock)

[@wiltedspinachcat3472]

thank u for being a good internet dad and keeping the kids safe

[@dadbeats4155]

It's inspiring to see that camp counselor Cody still finds a time slot in his busy summer camp schedule to teach us some grown up lessons about finances.

[@henrybroback2558]

It sounded like you said, “Invest in this bonsai scheme”

[@tylerdavisphl]

I think Cody should use his little back end developer loser skills to make his like button actually generate chode coin.

[@rynrichards4980]

im so glad codys out here actually trying to help people, people have lost millions yall and theyre not getting it back, pls be safe when it comes to crypto

[@diandirk3423]

Actually if you buy the right coin it could still 10× Most cryptos just dropped 40 % that's only half their funds.... If they didn't sell they didn't lose that money yet

[@nickhenderson5431]

More content like this cody. Love the authenticity.

[@xLostInFirex]

I got an ad for a new investment thing on this video lmao. "Be your own financial boss babe" lmfao

[@linkmarquez4947]

crazy how the spaceship has a mid-western themed room.

[@silvaceca9246]

thank god someone is finally saying this, heard you talking about it on the podcast, glad you made it into a full video.

[@carsongreener4061]

Thanks Cody, only influencer actually being real to their fans

[@brolychungus5034]

Cody is like the white dad I never had. Always educating even though we didn't ask for it. Love you!

[@bronwyn2380]

unironically? thanks for lookin out 4 us king😤

[@justkidding2001]

Honestly the only financial advice I will follow from an influencer is Katya telling me to buy large amounts of fabrics from the fabric store @ $1.99 a yard 👍🏻

[@gamzep]

don’t forget to tape it in front of your body!! most important part 😌

[@justkidding2001]

@@gamzep ty for reminding me, almost forgot... Could've went bankrupt!!!😭

[@reesesman8821]

Are we not gonna talk about how cody pronounces "Ponzi" as Ponz-i

[@Sisterlisk]

I honestly couldn't tell if he was joking or not

[@warlockwaifu]

Made me think I was pronouncing it wrong my whole life!

[@svetlana9369]

5:24

[@AlanaBananaCanada]

It's a Canadian thing, you wouldnt understand.

[@rebelwilson7263]

@@reesesman8821 he’s from alberta

[@lintdoge9259]

Saying "This is not financial advice", is like when KZbinrs use Copyrighted music and in the description say "I don't own the Copyright"

[@possitivelyinsane]

Is Cody in New Mexico? Cause I feel like I've cleaned that hotel ro before.

[@kellynaz9256]

😂😂😂😂

[@geraldmack6324]

It looks like the place I stayed at the grand canyon

[@possitivelyinsane]

@@geraldmack6324 ah the place I stayed at there was hella dusty and old fashioned, this seems a bit nicer.

[@crosamond]

Utah i think

[@TurnUpTheAC63]

I think he’s in park city UT

[@yenmusic56]

Crypto: we want to unify the human race a little more with an eventual worldwide currency ASSCOIN: TO THE DAMN MOON!!!

[@imani0nline]

WAIT CHODE COIN WENT TO 0, I put in all my life savings into it 😭✋🏾

[@Kerwell]

Tiktokers pretending they understand market structure and technical analysis has to be the funniest shit

[@Alejandro-tz2pt]

I lost so much respect for so many influencers doing this, either way shows who’s in it for the moneys and who’s not.

[@brodeyshelley4182]

If I told someone from the 70s that there’s a meme based digital currency they would most likely have a stroke

[@jaywilliams6942]

So a 50 year old?

[@brodeyshelley4182]

@@jaywilliams6942 no like if I went back in time

[@GingerRamoth]

I just started noticing an influx of D list celebrities and influencers peddling crypto. Insane, thanks papa Cody!

[@Amaraofficial]

this video alone shows everything u need to know abt Cody’s character cuz he easily could have made a slam dunk on the crypto market off his audience.

[@JunkBondTrader]

lol it shows he's not a greedy fool, who would stupidly go way off brand shilling crypto? yes a true saint! Or maybe just, not totally foolish.

[@James-rh1up]

My dad is almost 60 and talked to me how he bought doge coin and I couldn’t help but laugh

[@arsey1833]

Mine did the same, but actually managed to sell it all soon enough to make a profit lol

[@Angela-zw6ko]

My dads friend invested and got thousands luckily

[@chaoticdanor]

My friends dad bought some doge 7 years ago for 100$ and made 5K soo... It just depends on when you get in and out. If it's in the mainstream media, you're too late and it's about to crash.

[@codymenesini5102]

The funniest thing about all of these coins is they take like 20 seconds to make. You just copy and paste Dogecoins coding and list it on a sketchy exchange. Literally all these meme coins are the same exact thing with different names and they all claim to do different things.

[@AnimeFan9833]

Seems fitting, I mean that's what a meme is.

[@zoeg5304]

Cryptos are produced differently depending on the type. The shadier ones are produced like that but bitcoin, for example, gives these really powerful (and power consuming) computers near impossible mathematical equations. Everytime a computer solves one, a bitcoin is “printed”.

[@zoeg5304]

But basically the point is that cryptocurrencies are produced by computers through “mining” since the point is that it’s supposed to be decentralized, so humans don’t really have a say when/how many are produced. But tbh that’s no less nerving

[@unknownuser5645]

@@zoeg5304 You can also use proof of stake

[@adotey5269]

For all those people commenting about Cody’s room and where he is at and why he won’t mention it is because he ran a marathon (idk where) and he decided to record videos in the room of the place he is staying at for the marathon

[@minajones8341]

Thank you!

[@pudding4eva101]

honestly even tho cody has gotten like super famous and is making bank, he still stays humble and hasn’t turned into what other LA influencers become once they gain popularity

[@matthewzukauskas89]

Can’t wait to start investing and profiting in chodecoin.