Blatant Gambling Scammer Christopher Mitchell (YouTube/Baccarat/Roulette/Sportsbetting)

[Elmo]

Christopher...Christopher...hope you the like the colorful and warming literature about you here.



We all know this fool doesn’t know how to gamble in the casino effectively, communicate eloquently, or even tie his shoes or even add one plus one properly. Christopher Mitchell just keep shooting targets like the loads his shoots on Bob Helsey’s forehead. Take a look at this screen shot from his latest video. There’s a deeper and darker meaning to it.



Oh fake Christian Chrissy...I thought you were such a God fearing gay man? You scam people. You fuck dudes raw. You beat your wife and now this...But really with Plan B? Hmm...he’s not referring to his lousy and stupid retarded money earning strategies. Follow me now down this disturbing rabbit hole...I swear Bubs is going to love this Thread when he grows up and finds out the REAL truth about his good old cock sucking father.



This cunt is actually supporting abortion. Not Bitcoin. Stacy and our hard earned tax dollars are supporting this imbecile and his bad habits. Stacy just wanted to find love...3 marriages and being connected to a twink who loves dick and semen more then her?? Her beat up womb wanted one more chance to have a child out of love and the Mr. In The Closet Christopher lost his mind and that’s why Stacy looks and acts the way she does...he probably wasn’t even the father and he still got rid of it. I guess Mr. Colt Studios doesn’t need any more props to add to the fucked up fairy tale lifestyle he’s living.



What a world we win in...gay casino scamming and abusing his inner circle now?? I can’t...nothing surprises me anymore with this bald son a bitch. Talking about never splitting aces. I wish I could split your head open.

[TheRivers]

Holy crap!! There is little question where Chrissy gets his material from (well...minus the specific gambling scams).

I have no idea if she’s another fraud or not (I’m guessing she possibly is). But Chrissy is definitely Dani Johnson 2.0:

[Dan Druff]

Folks, you too can make $40k from just $50!!!

Here's how: https://www.amazon.com/dp/B07TKVPC27/

Folks, it's just $52 to purchase $40k of Chinese prop money at the above link! Get yours today, and it truly will change your life.

[Dan Druff]

Go to 2:33:24 to hear the segment about CM and Lee:

https://pokerfraudalert.com/forum/sh...ion-Department

[BedWetterBettor]

This guy is back with a couple videos outing Chrissy. Kind of like Cheetos Baccarat better, but you take what you can get! He’s heading back to Vegas and looks like he drives a truck, maybe he’ll run over Chrissy with it and run back to Canada!



In fact I wouldn’t mind an update from old Million the Moron! 3 months and not a peep from him, guess he was full of it!

[Elmo]

Chrissy is still trying to make a name for himself in Hollywood...



Can this idiot just stop with the outrageous lies?

By the way on a serious note, Jeff Dime made a fantastic video and I strongly suggest that everyone gets a vaccine. Better to deal with the minor consequences of the shot rather deal with the consequences of this virus. Do for it yourselves and for your loved ones. It’s not fake news and we must get this under control so we can have the opportunity to do normal things again that make life worth living.



Don’t be like the ignorant cum guzzling cunt like Christopher Mitchell. Yes, Chrissy, please catch this. I don’t give a fuck. Don’t get vaxxed. Continue to your mask improperly or not at all. No one will miss you when you are gone.



Hope you die from this and you burn in Hell for eternity.

[Christopher Jr. aka Bubs]

Just setting her culpability aside for a minute. She wants to leave him. She is scared to do so. She knows he will use his platform to trash her. She knows the custody fight will be a nightmare. She knows the guy is a sociopath and she is forever tied to him because of Bubs, no matter what she does. She knows he likes cock. She knows the law will come for him one day and she wants out of the equation before that. She may very well be a victim of domestic violence.

Stacy, there is always reasons to stay. It’s easier to stay. There should be no deliberation. Take bubs and get the fuck out of there. Family court is much different from a criminal case. You should win easily, there’s plenty to present to the judge. Got to go now.

One addl note: Stacy makes all the posters imho. I remember in the beginning he showed that index card with the casinos he visited and it was chicken scratch. Someone’s hand writing does improve when they want it to but typically not to such a degree. It’s got to be her.

Out of curiosity, where are you getting this from? Obviously he's a narcissist, and I wouldn't put it past him to beat his wife, but has there been any actual evidence that suggests he's done so?

[Mrhorney]

Phew 😰 What a relief 😅 those inner circle ⭕️ Folks are getting expert advise from Chrissycoin after today’s 16% plummet.
I imagine Guru Chrissy told all 1,432 of the inner circle to dump it all , in fact it’s probably all those Folks dumping that has caused the crash so influential they are.

[TheRivers]

Briefly caught a comment on Chrissy’s last Blackjack video where the guy said that until Chrissy shows him success on many shoes he will consider Chrissy to be “just another guy.” And not long after that wouldn’t ya know...comment deleted.

Oddly enough...there’s another comment on that same video where someone is stating that they tried the method on a few shoes and saw players still lose 6 martingales. That comment has not been deleted but Chrissy also has not replied to it.

[JeffDime]

Just setting her culpability aside for a minute. She wants to leave him. She is scared to do so. She knows he will use his platform to trash her. She knows the custody fight will be a nightmare. She knows the guy is a sociopath and she is forever tied to him because of Bubs, no matter what she does. She knows he likes cock. She knows the law will come for him one day and she wants out of the equation before that. She may very well be a victim of domestic violence.

Stacy, there is always reasons to stay. It’s easier to stay. There should be no deliberation. Take bubs and get the fuck out of there. Family court is much different from a criminal case. You should win easily, there’s plenty to present to the judge. Got to go now.

One addl note: Stacy makes all the posters imho. I remember in the beginning he showed that index card with the casinos he visited and it was chicken scratch. Someone’s hand writing does improve when they want it to but typically not to such a degree. It’s got to be her.

Out of curiosity, where are you getting this from? Obviously he's a narcissist, and I wouldn't put it past him to beat his wife, but has there been any actual evidence that suggests he's done so?

There is no concrete evidence of domestic violence that I have seen. It is all speculation and circumstantial. I try to use my words carefully. Obviously with a blatant scam artist like Christopher Mitchell there may be some more liberties that I will take because I have all ready come to the conclusion that he is a rotten human being.

However, you make a good point. It is possible Christopher has never laid a hand on Stacy. Just because he is a rotten person doesn’t mean it’s okay to just pile on all kinds of charges on him. I’m not a journalist so all I can do is try to use my own moral barometer when dealing with these of kind of things.

So yes there is no concrete evidence that I have seen that Christopher Mitchell has been violent in the past or in the present. He is a total piece of shit though, just to be clear.

[JeffDime]

I remember corresponding with this one guy who was pitched an MLM by Chrissy. When Chrissy couldn’t close the sale, he got extremely irritated and sort of lost his shit. This was to the point where the person remembered just how unpleasant that was, even though he never bought into the scheme.

I just want to be clear though. He definitely doesn’t know how to handle shit in the real world. He was almost held in contempt because he treated the judge so poorly in the bullshit Hoosier fiasco. He went to court dressed in shorts and sneakers because his ego is so big and/or he lacks any self awareness that any judge will find that disrespectful.

I really do believe he lives in this bubble. I don’t think he and Stacy talk like he is a scam artist. I think they just live in this alternate reality where the ends justify any means.

This doesn’t mean for sure he gets violent though. That is still speculation. I have lost my shit more than a few times in my life but no not to resort to violence. We just don’t know for sure is all I’m saying.

[JeffDime]

Chrissy is right about one thing...it is a lot different to bet real chips in a casino, than it is with a computer simulation. Unfortunately not in the way dum dum says. The simulations will play whatever strategy you propose exactly, like a robot. It doesn’t get tired, distracted or drunk. Meaning that you are going to make mistakes and be less effective than the simulation, not more fuckhole. That’s it for me on this nonsense.

[Forum Wars]

Chrissy is right about one thing...it is a lot different to bet real chips in a casino, than it is with a computer simulation. Unfortunately not in the way dum dum says. The simulations will play whatever strategy you propose exactly, like a robot. It doesnÂ’t get tired, distracted or drunk. Meaning that you are going to make mistakes and be less effective than the simulation, not more fuckhole. ThatÂ’s it for me on this nonsense.

Everyone who is thinking of sending $$$ to Chrisy, let's look at how THE REPTILE-QUEEN really makes money. All of his "strategies" are well documented for their negative expected value to the player.

GAME/ACTIVITY.......................................... ...............MATHEMATICAL RESULT (LONG RUN)
---------------------------------------------------------------------------------------------------------
Slots............................................. ...........................Lose it all (fastest)
Baccarat, flat/Marty/Chris&Stacy fantasy strategies........Lose it all
Baccarat, side bets.............................................. .......Lose it all
Blackjack, Never take a Bust Card................................Lose it all (fast too!)
Blackjack, basic strategy.......................................... ...Lose it all
Bitcoin and other Crypto trading...................................Lose it all (actively trading is a zero sum game and considering the fees he must be paying, wow wow wow!)
YouTube Channel........................................... .............$4000-$6000 per year as per SocialBlade and his disgusting amount/type of ads. Let's just say $5000.
Scams (Getting people to send him $ for useless info).....$50,000-$60,000 last year and maybe $25,000-$35,000 this year (2021, projected)
"MLM days" residuals......................................... ..........$1,000-$2,000


He probably made $60k last year and is going to make $30 this year, AND IT IS ALMOST ALL FROM THE SCAMS. He lost money gambling like any ploppy does, probably lost at least $10k of the $60k he made last year (maybe, errrr, likely more...even up to $30k in losses).

Stacy forbids the gambling when the funds are low (like now). You can add government payments to these #'s if you wish.

Anyhow, it should be clear: Christopher Mitchell and Stacy Mitchell make the bulk of their income from Scams ONLY. There's probably about $0 - $4K lying around.

Don't give this mofo or his wife a red cent.

10 nerds on this site, YTSE and a few other Youtubers probably will cut his take down $20k this year, with the natural drop off of suckers who now know him doing him in for the other $10k.

Guess what Chrissy, you have a J.O.B. now and a pretty lousy one too by human ethical standards.

[PositiveVariance]

Around the 10:40 mark on todays video he opens up his trading account. He clicks the tab "Closed Positions". You can convert his amount of Bitcoin to dollars. He is only risking 2k give or take. We know very well he is risking his entire balance. A "Professional Bitcoin trader" only risking 2k? Wonder how he will try to explain that.

Right next to the "Closed Positions" tab is the "Realized P&L", but he never thinks to click it? Reminds me of the time he was at the ATM and wanted to prove how much money he had but never pushed the "Show Balance" button.

I haven't went line by line yet on his trades to see how he is trying to deceive his viewers

[TheRivers]

Around the 10:40 mark on todays video he opens up his trading account. He clicks the tab "Closed Positions". You can convert his amount of Bitcoin to dollars. He is only risking 2k give or take. We know very well he is risking his entire balance. A "Professional Bitcoin trader" only risking 2k? Wonder how he will try to explain that.

Right next to the "Closed Positions" tab is the "Realized P&L", but he never thinks to click it? Reminds me of the time he was at the ATM and wanted to prove how much money he had but never pushed the "Show Balance" button.

I haven't went line by line yet on his trades to see how he is trying to deceive his viewers

I think the trades are legit. But yes he isn’t risking a lot. Most of the positions are in the $1500 to $2000 range. And his profits (you can see them clearly) are only around $50 each time.

What’s also interesting is when he opens up bit7 he’s by default on his current positions page...he had none. So if he’s trading he’s not holding positions for any length of time And yes he could have hit the “realized P&L” at any time. He also could have hit the “Waller” button to show you how much Bitcoin he currently has in there...yet he didn’t do that either.

I think he actually is making sone money on this. But it’s not much.

Still haven’t seen him with chips in a casino since December 27th. Yet he says he’s winning thousands in Baccarar and Blackjack every day without fail.

[Elmo]

I’m going to break this down and if anyone agrees with me, that’s fine. If one doesn’t, it’s ok. You’re entitled to your opinions. First, I want to say YouTube must take some accountability for allowing this idiot to promote himself on their service. With all the thumbs down, reporting and flagging we and others do for his channel, they still have not removed or even reprimanded his channel. It’s a shame and a total embarrassment and I don’t know what it’s going to take for them to do something but they must take a step to at least investigate the claims against Jizzy Mitchell. It’s just a sin that allow anyone to have a channel on there...



Christopher Mitchell is one of most deprived and despicable human beings I’ve ever came across. I mean that. Ever since I had the chance to witness this pugnacious and disgusting individual, one can tell that something is way off with him. We all know that feeling...we as decent human beings who pay attention to detail can pick up things such as that. People such as him have negative vibes and bad karma that surrounds him; It’s very easy to notice that with him.

At first, I was thinking...this is dude is way off his rocker. It was comical. Got a few laughs. However, the more I watched, the more disturbed I became with his irrational and dysfunctional mindset and actions. He sounds like someone who is on some type of strong psychiatric drugs and displays some type of undiagnosed mental illness. I’m familiar with this because of the circumstances due to my occupation and with own personal experiences but I’m not going to get into that (Mr. H, I did get my shot and I hope you have the opportunity to get it in the UK; stay safe buddy). In regards to Christopher Mitchell, he fits into so many criteria factors of the DSM-V, it’s absolutely terrifying and embarrassing.



In regards to fellow member Bubs Christopher Junior on here saying if Stacy was physically abused. Circumstantial or not, the physical evidence in that video clip says it all to me. I know before that we mocked Chrissy from getting a black eye previously from supposedly Gary and that did not look as bad as what Stacy received. To make a long story short, even with the camera angle and the swelling around the orbital socket around her eye, someone or something caused that bruising. I firmly believe that Christopher hit her. What more is there to it?? At the end of the day, even if I’m wrong about the black eye, she is still displaying signs that she’s in an abusive relationship regardless if it’s physical or mental.



Again, let’s revisit these profile traits of this sociopathic cunt. Into the abyss we go.



Jealousy:
He’s always been spiteful and hating on everyone that has the tendency or means in life that are better than him and his situations (even though his way life is virulently fraudulent).



Controlling Behavior:
Do you see Stacy spending time with her own family and friends at all? She was spending time with the oldest daughter, she was violating court orders in regards to the custody. Stacy’s ex-husband had every right not to allow his daughter around those cunts. Christopher Mitchell is pulling the strings and Stacy and Bubs are the marionettes.



Isolation:
Besides these weirdos and transients in his stupid videos, Christopher doesn’t mention nothing else about his family (we recently seen the video clip about his brother but he didn’t mention that they were tight knit) or close friends at all in his social circle. All you ever hear is that sob story every 3rd or 4th fake pity video that upon to make the viewer feel some type of remorse. It’s all scripted and propped. Also because of Christopher, the Skank quit her job and stopped being involved with her close family and friends.



Forces Sex:
I don’t think Stacy and Colt’s Finest have a loving and romantic intimate relationship. He is not sucking on tits and tearing that pussy up. He’s not holding her hand or opening up doors for her. Champers was an accident and Christopher loves jocks and cocks. I swear in that Bellagio video, he was sucking cock in the restroom with the casino chips on that nasty lavatory floor. Enough said. Remember before I mentioned that Christopher Mitchell was constantly watching gay pornography in front of minors? Here’s the court record testimony from the Franklin County in Ohio. I have posted this before but I wanted to go back in time for new members and viewers of our Thread started by the Great Jeffrey Dime. Queen Chrissy should be ashamed.



Here is the link: https://fcdcfcjs.co.franklin.oh.us/C...ine/nameSearch (type in Christopher Mitchell)

Catering/Rigid Gender Roles:
Stacy is subservient to Christopher. He talks to her like a dog and she allows it. He belittles and always is condescending toward her and she just allows and accepts it.



Christopher Mitchell fits into all these following diagnosis’s:



Well...After all the evidence they everyone has viewed and experienced with this man, if you think he’s not capable of promoting bodily harm to someone, especially with his prop of wife, then you’re wrong. She doesn’t really mean nothing to him. KD did a video in regards to his battery charges. I can’t find the link right now for it but if someone can find it, feel free to post. I’m going to post the Franklin Ohio court link here and you can see the cases against Christopher Mitchell including a tax lien and foreclosure. I never seen a millionaire with such charges and court issues. Still messing with the Rapid Cash pay day loans, Chrissy?

Chrissy mentioned in one of dead broke lying videos that he’s continually using strategies that is still bringing income. As previous and smart posters on this Thread has noticed and clarified: this man has not been in a real casino since the end of December. No chips. No scorecards. No 15K a night penthouse suites. Nothing. No REAL tangible and sufficient evidence to show that he is really accomplishing what he’s actually saying and doing. It’s 100% lies and bunch of bull shit. This fool is a hypocrite to the fullest definition of the word. Since day one with his bonehead strategies. Martingale! Flatbet! Don’t Split Aces! Banker! Banker! Banker! Appalling...simply appalling. God, I just wish his feebleminded channel and everything associated would disappear off the face of the Earth into a black hole.



Did anyone else notice in last video when he was talking about Bitcoin that he didn’t show his account balance? Hmm...now, you’re hiding that. How can anyone believe this retard who has NO investing background or education and just take his word for it. Please wake up and smell the coffee because if it’s too good to be true, then you know it’s probably not true at all. In Mitchell’s case, it’s not. Definitely not. Infinitely not. Period.

I’m going to end on this note. The fake Christian acts like he’s God Gift to the world. You’re a fucking Pharisee. You still struck a nerve with your Hebrew slave and poor comments. Plus, your disbelief in Covid is totally outrageous. Catch it like catch cum the Johns in Palace Station shoot down your filthy throat. I am praying you that you get the chance to get put on an extracorporeal membrane oxygenation machine. Here’s what that is:



Still Chrissy...I can’t wait for that special day when your heart stops beating, your lungs stop breathing & your brain ceases to produce a thought or emotion. And I have a Bible quote for you, prick.

Proverbs 29:11
A fool gives full vent to his spirit, but a wise man quietly holds it back.

He is that FOOL. Christopher never shuts his mouth and he brags and boasts with such emptiness and loathsomeness. Regardless of what happens with this bastard, he will always and forever be a callow incompetent dickless scumbag. Fuck you.

[Elmo]

Fuck you Chrissy. You shouldn’t be on YouTube or any social media platform. You’re a horrible and vile excuse of a human being. Your day is coming.

[Mrhorney]

Cut off in my prime to Mr Elmo.
I was saying that the most vulnerable have had their jabs which is the way it should be.

I didn’t vote to leave the EU but we are streaking ahead of those countries as they piss around and argue who gets what and try to rubbish our vaccine developed at Oxford University
We are third in the world behind USA and China and the prime minister has said everyone in the country will have been vaccinated by the end of July.

Then we have the fallout 😄 The country is in more debt than we were in WW2 a debt that we only finally paid off to the US and Canada about 20 years ago 😂 for all the food and military aid to stop us from being starved into surrender but hey what’s a few hundred billion between friends 😆the government borrowed enormously in an attempt to keep the country going , we have at least been given a 4 stage route out of lockdown so hopefully 🙏 the light is coming.

Who knows our government may have had to borrow from the Chrissycoin fund?

[Dan Druff]

What's up PFA family? Dan Druff here, from Ruin Your Life Vlog.

Folks, you might be confused by Christopher Mitchell's last video. You might be asking, "Druff, I thought you said Christopher Mitchell is a scammer. How is he up so much trading bitcoin, whether it rises or falls? How did he show us his account with 25 successful leverage trades in a row? Maybe you really are a dead broke jealous hater who is afraid of the people smart enough to join Christopher's Inner Circle Jerk?"

Folks, it's time I explain bitcoin leverage trading, and what exactly is going on with Chrissy. First, I need to explain the entire concept and the terminology, because you dead broke losers with a 9-5 J.O.B. (just over broke) probably don't know these things.

Bitcoin leverage trading is basically multiplying your gains or losses, thus greatly increasing variance in a situation which already has high variance!

Here's an example:

Let's say the BTC price is currently $50,000. You are an unemployed -EV degenerate gambler, and you only have $5,000 to your name, which you talked your wife into liquidating from her 401k plan.

You're really excited about investing in BTC, but you know that your small bankroll leaves you dead in the water. Even if you put the entire $5k into BTC, and even if BTC triples to $150,000 (which it probably won't), you still would only have $15k worth of bitcoin -- meaning just a $10k profit! Ouch! You often lose that in one night when utilizing your horrible Martingale baccarat strategy at the Cosmo!

Folks, there's another way to do it. It's called leverage trading. It's for dead broke jealous haters to get into high variance crypto trading. And you can both bet on it going UP or DOWN, which is perfect for a guy like Chirssy who can always see the future!

So let's take that example again where BTC is $50,000. Chrissy has $5k to his name, and loads it into his bitseven.com account. When he does "10x leverage trading", that basically means that he will make or lose 10x whatever he otherwise would have made/lost from the movenent of BTC.

So let's say he takes that $5k and buys BTC at $50,000 using 10x leverage. Then let's say BTC goes up to $55,000. Normally, just holding 0.1 BTC, he would have only made $500. However, since he has a 10x leverage position, he's already made $5000 -- a 100% return on his investment! Sweet! Suck on that, dead broke jealous haters!

So what's the downside? Well, you lose at the same rate. So if instead of going up, BTC slips down to $45,000, normally he only would have LOST $500. He'd still have 0.1 BTC, and that would still be worth $4500. In a 10x leveraged trade, you multiply those losses by 10, and he's actually down all $5000, and joins the ranks of those dreaded dead broke jealous haters! Noooooooooooooooooooo!!!! "Stacy, I'm gonna need you to liquidate a bit more, honey!"

So now let's look at Chrissy's chart...

I combined these two images from his video, but it's a bit blurry, and you're going to have to zoom in to see everything:




First off, this appears to be real. He's logged into his bitseven.com account, and it's listing his trades. Note that these may not be ALL his trades, which is already red flag #1. He's showing you a period after-the-fact when it went well. This would be like a sportsbettor showing his true results from a 3-week stretch when he won 75% of his picks, and claiming that's his typical results.

Anyway, we see 18 trades he made (not 25 like he claimed), most of which are for UP in earlier trades, and most of which are for DOWN in the later trades. Note that this lists the most recent ones first. An UP trade is a bet that BTC will go up, and a DOWN trade is a bet that it will go down.

You'll see 16 of the 18 are listed as "Market", and the other two are "Limit". Limit means you're setting a specific price you want to buy or sell, and no action is taken until someone on the other side wants to trade at that price. Market means you're buying/selling at the exact price right now, with anyone on the other side who wants "market" price. Market is the simpler way to do it -- you just say, "Sell my position now at the current market price!" Chrissy is a simple guy, so this works for him.

Then there's "Execution Price". Note that this is the price of BTC when the sale goes through. As you'll see, in the first of these 18 transactions, BTC was roughly 56.5k, then it rose to over 57k, then it started crashing.

The "PNL Amount" column stands for "Profit and Loss Amount". This is the amount of money you made or lost on the transaction.

Your position doesn't close until you either manually close it ("sell") or go busto. So if you've funded your account with $5,000 and your UP or DOWN position has lost $5,000, then it auto-closes, and you are left with ZERO POINT ZERO (a number Chrissy knows quite well).

You can also close it manually and take profit or accept a loss. That's basically what Chrissy did in all 18 here, and you see his numbers.

But how did Coltstradamous here predict all 18 positions correctly?

Because, much like the Martingale, he's taking small profits each time, and eventually is going to get devastated by a huge loss.


Remember, the position doesn't close until Chrissy either closes it or busts his account. Therefore, he can sit and wait until the position shows a small profit, sell it, and then buy back in. Rinse and repeat. As bitcoin bounces around, he will consistently make small amounts of money doing this, but once it rockets up or down, on the opposite side of the way he predicted, he's fucked, and the account is zeroed. Again, this is much like Martingale, where you keep reaping small profits until the big losing streak eats your entire roll.

So let's focus on Chrissy's 16 "Market" orders. Basically he was telling bitseven to close his position and give him his profits immediately, at market rates. So let's look at the first market position, the second-to-bottom, at 56,328. That was Chrissy selling his original 0.01623701 BTC investment, and making a tiny 0.0008315 BTC profit. After fees, he ends up with 0.01682495 -- a whopping profit of 0.00058794 BTC, which is $33.17!



So the first "market" trade on that list made him $33. I hope he doesn't spend it all in one place!

Then what does he do? Well, look at the next line up. He invests the entire 0.01682496 BTC in the next trade, and turns it into 0.001730043 BTC! Wow! That's another 0.00047547 BTC profit, better known as $27.03. Cha-ching!!!

By the time Chrissy is done, he has 0.02764187 BTC (top line, right corner). He started with 0.01567733 (bottom line, under "Execution amount"). Okay, that's a pretty good return on investment -- almost double.

HOWEVER, note that bitcoin also fell in value during that time. So his 0.0156733 at $56,500 was worth $885. The 0.02764187 at $52,668 was worth $1,455. On the bright side, Chrissy made $580 on these 18 microtransactions, which isn't that bad, right?

BUT WAIT!!! DON'T TAKE THAT $580 TO THE MAYFAIR SUPPER CLUB JUST YET, KYLE!

Remember, Chrissy was 18-for-18 because he was able to see all of those positions make a small profit at one point. Basically each time he lays the entire bankroll on the line, and hopes and prays he's going to see a 3% profit (that's what his "3%" strategy means, which he alluded to in his video). So at any time, if BTC is 3% higher after making an UP bet, he sells. If it's 3% lower after making a DOWN bet, he also sells. Then he bets again. But if it never gets there, he waits... and waits... and waits... and hopes it does, or otherwise his BTC is liquidated by bitseven and he's back to zero. Sometimes he saw a profit of more than 3% -- sometlmes as much as 7% -- presumably because he was too slow to hit the sell button, and it went up more before he did.

In this sequence above, fortunately it got there all 18 times. However, what happened later in the day? Remember, this video was made in the morning.

Folks, there was a bitcoin crash on February 22, 2021. He posted this video in the afternoon of February 22, 2021. While he doesn't hold any positions at the time he posted it, you can bet this degen continued betting. Well guess what? It crashed hard from that $53,300 to $46,676. Then it dead-cat-bounced back to $48,753, and currently sits at $46,371.

My point? This was exactly the type of thing which could have decimated his roll. If he continued betting DOWN, he was fine. However, if he placed an UP bet, he would have lost everything. Why? Because a 10x leverage bet on DOWN would have lost over $1600 during that crash, and since he only had $1455 in there, it would be game over. They'd have zeroed his account.

I'm not sure if that happened, but it's just a matter of time before it does. That's why leverage trading of BTC is so dangerous, even with 10x. Bitseven allows you to do 100x, which really can zero your roll quickly, but even Chrissy is afraid to try that.



Cliffs:

- Chrissy had a whopping $1455 in his account at the time of this video

- Chrissy does leverage trades where he seeks to make 3% profit, sell, and reinvest, only cashing out when the 3% profit mark hits

- Chrissy will lose it all if the 3% profit mark doesn't hit, and it crashes enough (or goes up enough if he bets "DOWN"), which is inevitable

- This is just like the Martingale strategy, except involving bitcoin trading

- Laughably, Chrissy is doing this like a poor person -- because that's what he is. It's impossible to make big money on BTC trading the way Chrissy is doing it. Someone with actual capital to invest would be doing this at a much higher level, if they really believed it worked.

[Mrhorney]

Oh come off it Guv.
Surely an exaggeration Mr Druff , I mean I find it difficult 😣 to believe that there could possibly be any Folks around who are an unemployed degenerate-EV gambler who only has 5000 bucks due to him giving his better half a few slaps to withdraw her pension money 💴 in your example.

Can there??????? 🤣