Home Bitcoin News Youtube Superstar KSI ‘JJ’ Says He Made Then Lost Millions Investing in Bitcoin – Featured Bitcoin News

Youtube Superstar KSI ‘JJ’ Says He Made Then Lost Millions Investing in Bitcoin – Featured Bitcoin News

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Youtube famous person and rapper KSI, also referred to as JJ, has shared that he made thousands and thousands of kilos investing in bitcoin and “misplaced all of it” when the market “crashed.” Nonetheless, he nonetheless believes that bitcoin is the longer term and “finally you’re going to get a $100,000 bitcoin, a $500,000 bitcoin, and a $1 million bitcoin. It’s going to occur.”

KSI Shares His Expertise Investing in Bitcoin

Famed rapper and common Youtuber KSI shared his expertise investing in bitcoin on the Personal Components podcast, revealed Thursday.

KSI, whose actual title is Olajide Olayinka Williams Olatunji, is also referred to as JJ. In 2019, he was ranked second by The Sunday Occasions in its listing of the highest 100 U.Okay. influencers. He’s additionally a part of the British Youtube group generally known as the Sidemen. The British influencer just lately grew to become a vocal fan of cryptocurrency.

He was requested a few rumor of him placing “loads” of cash into bitcoin. KSI then revealed that he invested £2 million ($2.75 million) in BTC round November or December final yr however later misplaced cash when the bitcoin market crashed. He stated:

Yeah, I put £2 million into bitcoin. Nicely, I stated bitcoin … [But] This was in cryptocurrencies. I made £7 million, and now I’ve misplaced all of it.

“I acquired fortunate with the £7 million, however I ought to have been good and brought that cash out into fiat after which simply look forward to every thing to drop and return into it once more,” he opined, admitting that he acquired carried away with the bull market.

KSI added: “It’s been a full journey, however I needed to expertise it. I needed to actually delve into the entire crypto area, and you realize, I absolutely perceive that now. I put cash in issues the place I primarily leveraged myself and I sort of over-leveraged myself to some extent the place I misplaced cash, as a result of I acquired liquidated, so I put some huge cash into one thing I acquired liquidated due to the bitcoin crash.”

Commenting on shedding thousands and thousands of {dollars} investing in cryptocurrencies, the Youtube star stated, “I used to be like, okay, properly massive whoop,” elaborating:

It’s what it’s. I’ll transfer on. There’s no level crying over spilt milk, and I spotted that in the course of the bear market is whenever you wish to put money into issues.

He was additionally requested whether or not investing in bitcoin was like playing. He replied: “No, I don’t suppose it’s. I don’t suppose it’s playing. It’s not playing. No, no, no, no. Bitcoin is right here to remain. It’s the future. It’s simply that nobody needs to just accept it … Similar with Ethereum. Sure, in fact, all of it fluctuates, however it’s going up.”

KSI elaborated:

In case you stand again and take a look at the entire image, it’s slowly going up and finally you’re going to get a $100,000 bitcoin, a $500,000 bitcoin, and a $1 million bitcoin. It’s going to occur.

The famed rapper additional opined: “Possibly it would take 5, 10, 15, 20 years, however it’s going to occur, you’ve acquired to recollect, bitcoin doesn’t have inflation … That’s what’s so nice about it, it’s not managed by a centralized financial institution.”

What do you concentrate on KSI’s expertise investing in bitcoin? Tell us within the feedback part under.

Tags on this story
british influencer, british rapper, JJ bitcoin, JJ crypto, JJ cryptocurrency, JJ lost bitcoin, KSI, KSI bitcoin, ksi cryptocurrency, Youtube Star, youtube superstar

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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