Taiwanese renowned YouTuber “Joeman” successfully recovered from his investment losses in the Year of the Dragon with Taiwan Semiconductor Manufacturing Company (TSMC). On the 15th, he revealed that he has not sold his TSMC stocks or cryptocurrencies, despite not recovering from his losses in the current cryptocurrency market. He still expressed his strong belief in cryptocurrencies.
Joeman, with over 2.5 million subscribers on YouTube, became one of the small shareholders who profited from TSMC’s positive performance during the Year of the Dragon. On the 15th, the stock price of TSMC briefly surged to NT$709, setting a new closing high of NT$697.
According to reports from ETtoday and China Times, Joeman, who had jokingly referred to himself as a “super leek” two years ago, was trapped with an average cost of NT$600 per share in TSMC, equivalent to almost losing a Lamborghini worth tens of millions of dollars. On the 15th, he excitedly announced on his Instagram stories that he had finally recovered from his losses. He also revealed that he had not sold a single share of TSMC, stating, “I won’t sell any shares. Miracles will come by themselves. Let’s start the day with a good mood.”
Joeman also mentioned in his Instagram stories that he has not sold any of his cryptocurrencies. When a netizen asked him whether he would continue to invest in TSMC or sell his shares, Joeman replied, “I have not sold any TSMC shares. If the market stabilizes tomorrow (the 16th), I might buy a little more.” However, he reminded his followers that these remarks are for reference only and not investment advice. He advised everyone to make their own decisions when buying or selling stocks.
In response to another netizen’s question about whether he still holds his Bitcoin (BTC) since it is expected to rise significantly in 2024, Joeman revealed that he has not sold any of his cryptocurrencies.
In the previous bull market in 2021, Joeman released a documentary called “Taiwan Mining” where he mentioned that he invested around NT$3 million to purchase mining machines and earned at least one Bitcoin through mining. However, he also experienced a loss of $5,000 instantly, which made him realize the high volatility of cryptocurrencies.
When asked if his income had decreased after the marijuana incident, Joeman explained that February has always been a slow season for self-media. However, he said that he is doing fine this month thanks to TSMC’s performance. On the same day, Joeman released a video showing that he purchased a multi-story house in Tokyo for NT$15 million, highlighting his financial capability as a Taiwanese internet celebrity.
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Grass Lord’s liquidation of mining machines resulted in a loss of an estimated NT$25 million, impacting the annual bonuses of employees with only one month left.