How much would you have made trading the opposite of Tone Vays’s CryptoScam videos?

Rhett Creighton Blocked Unblock Follow Following Oct 4, 2017

Tone Vays actually had a lot of great content in his 8-video “CryptoScam” series. Despite his excellent reporting, there was a huge bull market in the altcoins this past year which seemed to happen coincidentally just after he produced his videos.

Mostly tounge-in-cheek, and to demonstrate just how difficult it is to predict market prices, I decided to check the results of a simple trading strategy: What if you had put $1,000 in every “Scam”, on the day that Tone Vays released his video? The results are below.

CryoptoScam #1 — Bitcoin

Release Date: Jan 24, 2017

Price on Release Date: $907

Price Today: $4233

Profit on $1,000 investment: +$3,667

CryptoScam #2 — OneCoin

Release Date: Jan 18, 2017

Price on Release Date: ???

Price Today: $0

Profit on $1,000 investment: -$1000

CryptoScam #3 — Litecoin

Release Date: Jan 30, 2017

Price on Release Date: $3.95

Price Today: $51

Profit on $1,000 investment: +$11,911

CryptoScam #4 — Dash (w/ Fluffy Pony)

Release Date: Feb 3, 2017

Price on Release Date: $16.99

Price Today: $301

Profit on $1,000 investment: +$16,716

CryptoScam #5 — Augur

Release Date: Jan 17, 2017

Price on Release Date: $4.26

Price Today: $19.06

Profit on $1,000 investment: +$3,474

CryptoScam #6 — Ripple

Release Date: Feb 16, 2017

Price on Release Date: $0.006

Price Today: $0.22

Profit on $1,000 investment: +$35,667

CryptoScam #7 — Manipulation (Gold and Stocks)

Release Date: Feb 20, 2017

Price on Release Date: $1238 (GOLD)

Price Today: $1274

Profit on $1,000 investment: +$29

CryptoScam #8 — Ethereum

Release Date: May 2, 2017

Price on Release Date: $78

Price Today: $293

Profit on $1,000 investment: +$2,756

Conclusion and Totals

Given the show-by-show breakdown above, we see that if you followed the simple strategy of investing $1,000 in each “Scam” on the day each video was released, you would have a grand total of $81,221 today, for a return of more than 10x.

The only investment that would have lost money was OneCoin. It’s not entirely clear if it was even possible to invest in OneCoin at the time of the video, as Wikipedia says they shut down some time in January, but we’ll still give Tone credit for that one.

If you ignore Gold and Bitcoin, and only put money in the 6 other “Scams”, you would be left with $76,554, for a 12.76x return on your $6,000 investment.