KSI Loses $5 Million Trading Crypto in 2021

The Brit can no doubt afford such a loss but compared to how his portfolio was performing six months ago it’s quite a turnaround.

Massive Turnaround

KSI is one of the most high-profile social media stars in the world today. His forays into the world of music and boxing in particular have made him one of the most recognisable characters on our screens.

Defeating fellow YouTuber Logan Paul in the ring must have netted him a nice chunk of change which he thought he was putting to good use by delving deeper into the world of crypto.

hi @binance can i get a refund? pic.twitter.com/yo90v41sXw
— KSICRYPTO (@ksicrypto) January 17, 2022

Back in May 2021, KSI proudly declared that he’d made $5 million by investing millions into the digital craze.

"I just started putting millions into it. I was like, 'Yo let's go'. Like, there's no point in being like 50k, 20k, I was like, 'Nah, I'm gonna go balls deep. And now I'm like - I put like a million in - and now I'm like five million up... But I've invested in Altcoins, as well as Bitcoin, as well as Ethereum and all these other things."

Now, only half a year later, he lost the lot plus another $5 million on top.

As we have stated many times before: trading and investing is a discipline that requires many hours of research and planning to be successful. It looks likely that KSI has been spending too much time on social media instead of delving into the industry deeper using more trusted sources of information.