{"id":53103,"date":"2025-01-28T18:04:32","date_gmt":"2025-01-28T18:04:32","guid":{"rendered":"https:\/\/dejan.au\/index.php\/2025\/01\/28\/ksi-explains-why-hes-finally-at-peace-with-multimillion-losses-in-cryptocurrency-dexerto\/"},"modified":"2025-01-28T18:04:32","modified_gmt":"2025-01-28T18:04:32","slug":"ksi-explains-why-hes-finally-at-peace-with-multimillion-losses-in-cryptocurrency-dexerto","status":"publish","type":"post","link":"https:\/\/dejan.au\/index.php\/2025\/01\/28\/ksi-explains-why-hes-finally-at-peace-with-multimillion-losses-in-cryptocurrency-dexerto\/","title":{"rendered":"KSI explains why he\u2019s \u201cfinally at peace\u201d with multimillion losses in cryptocurrency &#8211; Dexerto"},"content":{"rendered":"<p>KSI explains why he\u2019s \u201cfinally at peace\u201d with multimillion losses in cryptocurrency Twitter:KSI, KuCoinJJ \u2018KSI\u2019 Olatunji, the UK\u2019s unofficial face of the internet, has been posting devastating updates to Twitter about a $2.8 million dollar crypto buy-in. Now valued at just over $1000. As the bubble well and truly pops on what\u2019s been an insane market for crypto investors, thousands of people are finding investments down by 80-90% or more. Though KSI has proven the ability to lose money in even the best of times, he\u2019s recently been posting updates to KSICRPYTO, his cryptocurrency-focused Twitter account, on a $2.8 million dollar move he made with LUNA. Posting on May 11, JJ started the story of his money\u2019s decline by saying: \u201cIn total, I have bought about 100,000 Luna. Sticking it in a wallet and gonna see what happens in a few years. Could be the best\/worst trade of my life.\u201d So far, this is yet another L I\u2019ve taken during my crypto journey \ud83d\ude02\ud83d\ude02\ud83d\ude02. Honestly was doing so well with shorting Bitcoin hahaha https:\/\/t.co\/UViEMcAX60 \u2014 BuuIsNotUgly (@ksicrypto) May 11, 2022 The coin in question, LUNA, that KSI made the mammoth bet on, has become the archetypal story for loss in the world of digital currency in the days since his public backing. After reaching a peak of value at $116 in April, the coin was worth just a cent on Thursday May 12, and is still plummeting. Currently, it sits at 1\/10th of a cent at the time of writing. Describing how this unbelievable drop in value has impacted him on an emotional level, KSI posted with the wisdom of a man who has been through similar declines before. \u201cBefore crypto, money was a driving force in my mindset,\u201d the YouTube star explained. \u201cDuring my time, I made a lot of money, and lost a lot of money. I went from euphoric to depressed. But soon I became numb to it all and realized that money simply isn\u2019t everything.\u201d Continuing to spread wisdom around his experience of loss, JJ dropped truth bombs on his Twitter followers. Going so far as to say \u201d I\u2019m finally at peace with myself. I just put 2.8 million in that Luna buy and it\u2019s worth less than 50k. But that\u2019s ok because I\u2019m not dead.\u201d Like I\u2019m just in such a better place than I was last year. I guess you\u2019ll see in the doc, but I was so lifeless last year. But anyway, I\u2019ve learned a lot during this crypto phase. Was a lost soul before it, and now I\u2019m more focused and happier than ever \u2014 BuuIsNotUgly (@ksicrypto) May 12, 2022 The stunning positivity in the face of overwhelming loss is a bright light in the midst of a sea of people who\u2019ve lost out in the recent crypto crash, but is also the words of a man who can afford to lose close to $3 million overnight and still remain clothed, sheltered, and fed. Posting a final update less than 48 hours after his initial announcement of the best\/worst trade of his life, KSI posted a picture of the value of his LUNA at $1017.94, while claiming to be done with it: \u201cMy 2.8 million dollars is literally worth $1000,\u201d he said laughing. \u201cYeah I\u2019m packing this in.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KSI explains why he\u2019s \u201cfinally at peace\u201d with multimillion losses in cryptocurrency Twitter:KSI, KuCoinJJ \u2018KSI\u2019 Olatunji, the UK\u2019s unofficial face of the internet, has been posting devastating updates to Twitter about a $2.8 million dollar crypto buy-in. Now valued at just over $1000. As the bubble well and truly pops on what\u2019s been an insane [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53103","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/53103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=53103"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/53103\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=53103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=53103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=53103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}