UK YouTube sensation KSI has revealed he’s misplaced an insane $5.1M buying and selling cryptocurrency within the final 12 months.
The UK’s king of YouTube KSI has dabbled in cryptocurrency over the previous few years. Nonetheless, it hasn’t all gone swimmingly for the YouTube, Boxing, and Rapping sensation.
He’s just lately revealed the absurd amount of cash he’s misplaced from his crypto shenanigans within the final twelve months, all from a dangerous buying and selling tactic often known as leverage buying and selling – which basically includes borrowing cash from a dealer.
KSI has over 23 million subscribers on YouTube.
In a tweet from his cryptocurrency account on January 17, KSI revealed the insane quantity he’s misplaced prior to now 12 months. The YouTube star shared a screenshot of his Binance account which he makes use of to commerce, which confirmed a lack of $5,112,464 within the final 12 months.
Throughout a just lately uploaded YouTube video, KSI elaborated on how he misplaced an absurd amount of cash. “Observe to self, and everybody watching, by no means leverage commerce. You don’t win, you by no means win.
“In a 12 months of me doing crypto, I’ve managed to lose about $5.1 million,” the YouTuber revealed. “Yeah, my crypto expertise has simply been quite a lot of dropping. A number of dropping, just a few wins, after which quite a lot of dropping.”
(Timestamp 5:43)
Luckily, the UK’s YouTube king is fairly effectively off financially from his enterprise with the Sidemen, his boxing and rapping profession, and even his model new Prime Hydration drink he launched with former rival Logan Paul.
Nonetheless, possibly he’ll suppose twice earlier than investing in cryptocurrency sooner or later.
