Express

YouTube Celebrity KSI Believes In Bitcoin Even He Lost Millions Of Dollars From BTC Investment

Mary Liu

Summary: Youtube superstar and rapper KSI shared his experience of investing in Bitcoin on the Private Parts podcast. KSI revealed that he invested 2 million pounds ($2.75 million) in Bitcoin last November or December, but then lost money when the market crashed. He said: "I got lucky with the £7 million, but I should have been ...

Youtube superstar and rapper KSI shared his experience of investing in Bitcoin on the Private Parts podcast.

KSI revealed that he invested 2 million pounds ($2.75 million) in Bitcoin last November or December, but then lost money when the market crashed. He said: "I got lucky with the £7 million, but I should have been smart and taken that money out into fiat and then just wait for everything to drop and go back into it again."

But he believes that Bitcoin is a great invention: "Bitcoin is here to stay. It is the future. It's just that no one wants to accept it…Same with Ethereum. Yes, of course, it all fluctuates, but it's going up... Maybe it might take 5, 10, 15, 20 years, but it's going to happen, you've got to remember, Bitcoin doesn’t have inflation…That’s what's so great about it, it's not controlled by a centralized bank."

BY Mary Liu