Famous Youtuber Talked About The Collapse Of His Bitcoin Investment

The famous YouTuber talked about the collapse of his Bitcoin investment. KSI, also known as JJ, said he was swept away.

Famous British YouTuber and rapper KSI, also known as JJ, talked about his investment and how it went down. A YouTube gaming commentator and also known as a comedian and rapper, KSI is second on the list of the UK's 100 best influencers. KSI's real name is Olajide Olayinka Williams Olatunji, who is also a member of a YouTube group known as Sidemen. It was rumored that KSI was making a heavy investment in Bitcoin, but he never commented on it.

He Had Won £7 Million

The famous British YouTuber finally talked about his investment in a recent video. KSI stated that he sees a future in Bitcoin and said that he invested 2 million pounds and earned 7 million pounds with the big rise. However, he later stated that he lost all his money as a result of the decline in Bitcoin. KSI said, "I was lucky to win £7m. But I had to be wise and convert that money into fiat currencies. Then I had to wait for everything to fall and the bull to come back." He said that he should have researched the cryptocurrency sector better. Saying that he lost all his investment in the asset he invested in leveraged transactions with Bitcoin's great decline, KSI added: "No matter how long it takes. Maybe 5, 10, 15, 20 years but it will happen. There is no inflation in Bitcoin… It's great that it's not controlled by a central bank!"