KSI Reveals How He Lost More Than $5.1 Million

If you can admit you lost $5.1 million (£3.6 million) whilst keeping a smile on your face and laughing it off, you’re probably doing alright in life. 

It’s all down to something called leverage trading, which is essentially a way for investors to use borrowed funds to increase their exposure to the market despite paying less than the full price of the stock. 

You therefore take on a greater position in a stock without paying the full price.

Of course, the extra cash has to come from somewhere – usually borrowed from a broker.

What’s the catch? Well, the risk of both profits and losses is magnified by the amount borrowed. 

Admitting his lack of knowledge in this department, KSI told his fans: “Note to self and to everyone watching... never leverage trade. You don’t win, you never win. 

“In a year of me doing crypto I managed to lose about $5 million. $5.1 million. 

“My crypto experience has just been, just a lot of losing. A few wins and then more losing.” 

Despite losing an eye-watering amount of cash, KSI simply laughed it off as a poor investment on his part. Take a look below:

Fans in the comments evidently picked up on his chill attitude, as one said: “All jokes aside but we can agree that KSI has managed to make every negative impact into a positive one.” 

Another commented: “He already made those 5.1M back with his Prime Drink, no doubt about that.” 

A third wrote: “This man has lost more on crypto in the last 12 months than anyone watching this video will probably ever make.”

He said: “F**k me man, I sold too early. I bought a Bored Ape when it was 30 Ethereum [ETH]. That’s about £68,000. 

“Now guess how much a Bored Ape is. 82 [ETH]. I sold at 40 and I was laughing thinking I got a f***ing [win].  

“It literally doubled. Doubled.” 

Determined to see the positive side, KSI finished: “You know what, I made profit.”