Youtube superstar KSI shares the feeling of falling from the sky when investing in Bitcoin

YouTube superstar and rapper KSI, also known as “JJ”, shared his experience of investing in Bitcoin on the Private Parts podcast, which was released on Thursday (July 15th).

Rapper KSI

KSI’s real name is Olajide Olayinka Williams Olatunji. In 2019, he ranked second in the Sunday Times’ Top 100 Influencers in the UK. He is also a member of a Youtube group called Sidemen.

KSI has become a huge fan of cryptocurrencies lately.

KSI announced that it invested £ 2 million ($ 2.75 million) in bitcoin in November or December last year, but then lost it all when the bitcoin market collapsed.

“Yes, I invested £ 2 million in Bitcoin. Well I say bitcoin, but this is a volatile crypto market. I made £ 7 million and now I’ve lost it all.

I was lucky with £ 7m, but I should have been smarter and changed everything in Fiat and then just waited for things to fall and come back again.

KSI admits it is trapped in the bull market.

“It was an exciting journey, but I had to experience it. I really should have digged deeper into the entire crypto room, and I totally understand that now. I’ve invested my money in things that were basically leveraged and I was so leveraged that I lost my money because I was liquidated. “

Speaking about losing millions of dollars from investing in cryptocurrencies, KSI said, “I feel great.”

“It’s worth it. I will continue. There’s no need to get upset when it’s all over and I know that in a bear market, you want to invest in everything. “

KSI was also asked whether investing in Bitcoin equates to gambling. He replied that:

“No, I don’t think so. I don’t think it’s gambling. It’s not gambling. No no no no. Bitcoin is here to survive. It’s the future. It’s just that nobody wants to accept it … The same goes for Ethereum. Of course yes, it’s all volatile, but things are looking up. “

“If you look at the bigger picture, it is slowly going up and you will end up seeing $ 100,000 in bitcoin, $ 500,000 in bitcoin, and $ 1 million in bitcoin. It will happen”.

“Maybe it could take 5, 10, 15, 20 years, but it will happen, you have to remember that Bitcoin has no inflation. That’s great, it’s not controlled by a centralized bank. “

Mr. Teacher

According to News.Bitcoin

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