Logan Paul reveals he\u2019s lost more than $500,000 in crypto investments YouTube: IMPAULSIVELogan Paul revealed he\u2019d lost more than $500,000 in crypto investments due to the latest crypto market crash that has seen its value plummet to less than half of what it was worth last year. The idea behind crypto is that it was supposed to be used as digital cash, but the reality is that it\u2019s become a popular form of speculative investment. As a result, the market is volatile. It ebbs and flows constantly. However, the crypto market is in the midst of a major crash. According to Bank of America\u2019s global crypto and digital asset strategist Alkesh Shah, it happened for several reasons, including inflation and an increase in interest rates. The market was worth $3 trillion in November 2021. Now, it\u2019s worth less than half of that. Bitcoin is worth the lowest it\u2019s been since December 2020. Meanwhile, other cryptocurrencies like Luna and TerraUSD are worthless. As a result, many investors are at a loss, including Logan Paul, who claims he\u2019s lost more than $500,000 and counting. He also claimed KSI had lost even more. However, he believes it\u2019s \u201cjust another bump in the road.\u201d \u201cIt\u2019s not a great time to be fully involved in crypto,\u201d said Logan, speaking from personal experience with his investments. \u201cKSI, my business partner in Prime, lost $3 million. I personally have lost over half a million thus far.\u201d It might seem like a lot of money to influencers and entrepreneurs like them, but it\u2019s still a significant loss. Moreover, it\u2019s only what they\u2019ve lost so far. Their losses could snowball even more if things continue. Despite that, though, Logan is looking at the bigger picture. \u201cIf you believe in the tech, and you believe in the function of cryptocurrency, and you zoom out and go super macro, this is nothing. It\u2019s just another bump in the road.\u201d Logan admitted it\u2019s \u201creally hard\u201d for a lot of people to not panic over what\u2019s happening. However, he believes the best thing to do is \u201cremove your emotions\u201d from the situation. \u201cIf you play the long game, you\u2019re going to win.\u201d He isn\u2019t the only one who feels that way. According to the New York Times, some analysts believe the panic is overblown. They believe a \u201cdeath spiral\u201d will only begin if Bitcoin\u2019s value dips below $21,000. However, only time will tell.<\/p>\n","protected":false},"excerpt":{"rendered":"
Logan Paul reveals he\u2019s lost more than $500,000 in crypto investments YouTube: IMPAULSIVELogan Paul revealed he\u2019d lost more than $500,000 in crypto investments due to the latest crypto market crash that has seen its value plummet to less than half of what it was worth last year. The idea behind crypto is that it was […]<\/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-54166","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/54166","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=54166"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/54166\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=54166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=54166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=54166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}