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The YouTuber-turned-rapper invested in Bitcoin last year and was stunned to see profits soar to £ 7million – then desperate when the money disappeared as volatile online currency crumbled

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Musician, occasional boxer and Celebrity Gogglebox star, KSI shared an uplifting tale of investing in high-risk cryptocurrencies as he lost a £ 7million fortune on Bitcoin.

The 28-year-old YouTube sensation – who is worth £ 20million – tried to increase her fortune by investing in Bitcoin late last year.

And while the cryptocurrency hit an all-time high of £ 47,240.05 per “coin” after its investment, the volatile crypto market saw it lose profits when the value collapsed weeks later. .

KSI admits he should have cashed in when the price was high, but didn’t, meaning he lost the opportunity to claim a multi-million pound bonus on his initial investment.








KSI shared an uplifting story about investing in Bitcoin
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Picture:

Mike Marsland / WireImage)




Explaining his experiences on Made In Chelsea star Jamie Laing’s Private Parts podcast, he said: “I invested £ 2million in Bitcoin last year, in November or December.

“I won £ 7million – and now I’ve lost everything. It has been a complete trip! I had to experience it.

“I really had to dive into the crypto space. And I understand it perfectly. I basically got into debt and got too much debt, to a point where I lost money because of it. I was wound up because of the Bitcoin crash.








The star recently lost £ 7million in profit when he failed to cash his investment on time
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Picture:

SOPA Images / LightRocket via Getty Images)




While many would be left in tears at the loss of such a huge sum of money, KSI says he’s not too bowled over by his losses.

He said, “There’s no point in crying over spilled milk. I lucked out with the £ 7million but should have been smart – should have taken it out.

Away from the Bitcoin game, KSI hopes to have greater success with their new music.

The multi-talented star released her second album, All Over The Place, on Friday and hopes to match or better the success of her debut album, Concealment, which reached No. 2 on the UK charts last year.



The new record includes collaborations with huge music stars from the UK and beyond – with Anne-Marie, Yungblud, Craig David and Future among the stars featured on the album.

Meanwhile, the star delighted fellow Celebrity Gogglebox star Lorraine Kelly this week when he offered her a lady title.

The 61-year-old Scottish interviewed KSI about his new album on his ITV show this week and said: “Really, I should have bowed when you walked in because you’re Lord KSI. does he act? “








KSI recently gifted Lorraine Kelly a lady
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Picture:

Ken McKay / ITV / REX / Shutterstock)




KSI laughed: “Obviously the last time we were here we talked about me as a Lord, a fan made me a Lord. That’s why I decided to make you a Lady.”

He then presented her with a framed document declaring her a “Lady,” leaving the morning TV star to state, “Look at that! Lady Lorraine Smith. I wish I was known as Lady Lorraine forever.”

Lorraine thanked KSI and joked that they were now “Lord and Lady”.





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