I Made and Lost $1M Trading CryptoLike tens of millions of people, in 2017 Peter McCormack decided to get involved in Bitcoin -- the digital cryptocurrency that allows for direct, transparent financial transactions without a central bank. Unlike most people, he became a millionaire. Riding the highs of cryptocurrency trading, Peter began living a life of luxury, convinced he had figured out the secret of easy wealth. But just as soon as he had become a Bitcoin millionaire, he lost it all again. Now, armed with expert knowledge from his Bitcoin podcast, he's investing smarter and still all in one HODLing Bitcoin to the moon. Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE About VICE: The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don't even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE. Connect with VICE: Check out our full video catalog: http://bit.ly/VICE-Videos Videos, daily editorial and more: http://vice.com More videos from the VICE network: https://www.fb.com/vicevideo Click here to get the best of VICE daily: http://bit.ly/1SquZ6v Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter: http://twitter.com/vice Follow us on Instagram: http://instagram.com/vice The VICE YouTube Network: VICE: https://www.youtube.com/VICE MUNCHIES: https://www.youtube.com/MUNCHIES VICE News: https://www.youtube.com/VICENews VICELAND: https://www.youtube.com/VICELANDTV Broadly: https://www.youtube.com/Broadly Noisey: https://www.youtube.com/Noisey Motherboard: https://www.youtube.com/MotherboardTV VICE Sports: https://www.youtube.com/NOC i-D: http://www.youtube.com/iDmagazine Waypoint: https://www.youtube.com/Waypoint