17/09/2024
This is KSI He made over $7M from crypto and NFTs
Then he lost it all in a single year
Here's the untold story of the worst celebrity trader of all time: (and how to avoid his mistakes)
1/12
KSI got his first taste of crypto through his buddy Callux.
They struck a pact: if Callux helps KSI hit $10M, he'd pocket $1M himself.
And at first, it seemed within reach...
2/12
KSI poured $2.75M into crypto in just a year
He even flipped BAYC for 10 ETH ($35k) profit
One solid 4X trade was all he needed
And it looked like he found it...
3/12
KSI spotted LUNA at just $4 and invested heavily
It skyrocketed to $116
He felt on top of the world, he was up $7M
His emotions took over and that's when he made his first mistake...
4/12
He started using leverage
But he didn't just fail — he became the ultimate counter-signal
People did the exact opposite of him and made a lot of money
So he had a plan...
5/12
Why not counter-trade himself?
He did — and it backfired
Accused of dumping on his followers, he spiraled into deeper losses
$5.1 million, to be exact
And that was just the beginning...
6/12
When the Luna bubble burst, KSI went after the falling knife
He thought he was buying the dip and was on the brink of a huge payday
But instead - it went to zero
7/12
His $2.9M turned into $1k
But he didn't give up just yet
He kept trading...
8/12
Being emotional after losing so much he kept making mistakes
In fact, around 90% of all his trades were losses
So in the middle of the bear market - he left
9/12
Recently, KSI returned
He was immediately accused of pump and dump by ZachXBT
KSI briefly responded to the allegations and is still semi-active on X
10/12
The lesson here is simple:
- Avoid leverage
- Don't catch falling knives
- Keep emotions out of trading
If you take one thing from this thread, let it be this:
11/12
Knowing the whole story:
Can KSI make a comeback this bull run, or will he stay a counter-trade signal?
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