If it is that loose, your clutch probably isn't disengaging and your engine dies. When you shift into first does the bike lurch before it dies? Just trying to understand exactly what is happening.
When you attached the new clutch cable to the shifter arm was the arm pushed all the way toward the rear of the bike? Also, recheck whatever YouTube video you were watching and if all else fails, check your manual, if you have one. There should be no more than half an inch play in the clutch handle.
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