Crypto Stories: YouTuber DataDash talks about his most expensive mistake

Nicholas Merten (also known as DataDash) discovered Bitcoin (BTC), when it was only $3. Merten, who was also known as DataDash, was skeptical about crypto at the time and thought it was crazy that people would be buying “fake money”.

Merten’s story began with an inspiration spark from a conversation he had with his teacher in 2011. He believed that he didn’t have passion at the time. One day, however, he felt a spark in his social studies class after the teacher encouraged him watch presidential debates. He saw Ron Paul and other politicians share their views on the topics as he watched.

Merten said, “This event sparked an dopamine rush in me,” Merten was inspired, and he began to take an interest in economics, finance, and foreign policy. He then learned about the 2008 global financial crises and how inflation works. He realized that inflation was a real threat given the current state of affairs.

He opened a brokerage account and bought his first stock with the help his father. He eventually moved into finance, buying stocks from solar companies to marijuana penny stocks. After watching a video explaining Bitcoin, he was intrigued at first but couldn’t fully grasp it. He decided to skip buying BTC for $3 dollars, and couldn’t comprehend why people would purchase it.

Similar: Crypto Stories: A Pakistani crypto billionaire wishes his country to be less dependent on credit

He soon realized that it was his biggest mistake, as the price of Bitcoin reached an all-time high at $1,200 per BTC. He learned from his mistake and set out to start his crypto adventure. He bought crypto, analysed the markets, uploaded crypto videos to YouTube, and then he made a blunder.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Eileen Wilson

Eileen Wilson –Technology and Energy My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

Close Bitnami banner