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Youtube Superstar KSI ‘JJ’ Says He Invested In Bitcoin And Then Made Millions – Featured Bitcoin News

YouTube superstar and rapper KSI, also known as JJ, has shared that he invested millions of pounds in bitcoin and “lost it all” when the market “crashed”. Nevertheless, he still believes that bitcoin is the future and that “eventually you’re going to get $100,000 bitcoin, $500,000 bitcoin, and $1 million bitcoin. It’s going to happen.”

KSI shares his experience investing in bitcoin

Renowned rapper and popular Youtuber KSI shared his experience investing in bitcoin on the Private Parts podcast published on Thursday.

KSI, whose real name is Olajide Olayinka Williams Olatunji, is also known as JJ. In 2019, he was ranked second in the list of UK’s top 100 influencers by The Sunday Times. He is also part of the British YouTube group known as Sidemen. The British influencer has recently become a vocal fan of cryptocurrencies.

He was asked about the rumor about putting “a lot” of money in bitcoin. KSI then revealed that he had invested £2 million ($2.75 million) in BTC around November or December last year, but later lost the money when the bitcoin market crashed. He said:

Yes, I have invested £2 million in bitcoin. Well, I said bitcoin… [But] It was in cryptocurrencies. I made £7 million, and now I’ve lost it all.

“I got lucky with £7 million, but I should have been smart and moved that money to fiat and then just wait for everything to fall and go back into it again,” he admitted, admitting. While doing that he had taken along Tej Bazaar.

KSI said: “It has been a complete journey, but I had to experience it. I actually had to go through the whole crypto space, and you know, I totally understand it now. I put money in things where I essentially leveraged myself and I got myself to a point where I lost money because I got liquidated, so I put in a lot of money because of the bitcoin crash which I got destroyed.

Commenting on the loss of millions of dollars investing in cryptocurrency, the Youtube star said, “I was like, okay, huge whoop,” elaborating:

It is what it is. I’ll go ahead. There’s no point crying over spilled milk, and I realized you want to invest in things during a bear market.

He was also asked whether investing in bitcoin is like gambling. He replied: “No, I don’t think it is. I don’t think it’s gambling. It’s not gambling. No no no no. Bitcoin is here to stay. It’s the future. It’s just that anyone can.” Don’t want to admit it… Same with Ethereum. Yes, of course, it all varies, but it is going up.”

KSI Detailed:

If you stand back and look at the whole picture, it’s slowly going up and eventually you’re going to get a $100,000 bitcoin, a $500,000 bitcoin, and a $1 million bitcoin. It’s gonna be.

The famous rapper continued: “Maybe it may take 5, 10, 15, 20 years, but it is going to happen, you have to remember, there is no inflation in bitcoin… that’s what’s great about it, It is not controlled by a centralized bank.”

What do you think about KSI’s investing experience in bitcoin? Let us know in the comments section below.

Tags in this story

british influencer, british rapper, jj bitcoin, jj crypto, jj cryptocurrency, jj lost bitcoin, ksi, ksi bitcoin, ksi cryptocurrency, youtube star, youtube superstar

image credit: Shutterstock, Pixabay, WikiCommons

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