☹️ The unlucky crypto enthusiast?
In 2021, Logan Paul was actively involved in NFTs and bought collections worth hundreds of thousands of dollars. One of the tokens cost him about $635,000, and today it is valued at less than $150.
A decrease of almost 99.98%.
Hype is the best seller. Reality is the best auditor.
A separate case is the rare Pikachu card from Pokémon, for which he paid about $5.27 million. At one of the auctions, the maximum bid only reached ~$5.35 million — considering commissions and taxes, one could even end up at a loss.
But this time he got lucky — later a buyer was found willing to pay $16 million.
The moral is simple:
money ≠ composure.
A bull forgives much. A bear — nothing.