Youtuber NasDaily endured a Bitcoin (BTC) baptism by fire. The entrepreneur and influencer with over 50 million followers invested $500,000 in Bitcoin —right before the bear market kicked in.
Cointelegraph spoke to NasDaily (whose real name is Nuseir Yassin) during the World Economic Forum (WEF) in Davos, Switzerland. Yassin told Cointelegraph that the half a million dollars he saved in Bitcoin is now worth $300,000, adding with a smile that “it’s a great test of conviction.”
Despite the paper loss, he’s more convinced than ever that crypto is the future:
“Even if it goes down to zero, I think I do believe there needs to be a way to capture value on the Internet. And, I’m taking a bet that Bitcoin is a once in a generation thing.”
Yassin smash bought over 10 BTC worth $500,000 at the tail end of March when the price was around $40,000. Gripped by the “revolution that’s happening in the world,” Yassin bought Bitcoin at the same time his YouTube content took on a crypto focus.
Indeed,...
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