JAKARTA - Youtuber NasDaily experienced the baptism of Bitcoin (BTC) by fire. The entrepreneur and influencer with more than 50 million followers had invested $500,000 in Bitcoin just before the market went into a bear market.
Yassin told Cointelegraph that the half million dollars he has stored in Bitcoin is now worth 300,000 US dollars. “This is a great test of confidence,” NasDaily, told Cointelegraph. Despite the paper loss, he is more convinced than ever that crypto is the future:
“Even if it drops to zero, I think I believe there needs to be a way to capture value on the Internet. And, I bet that Bitcoin is a once-in-a-generation item,” said the YuoTuber whose real name is Nuseir Yassin.
Yassin also bought more than 10 BTC worth US$500,000 in late March when it cost around US$40,000 per coin. Gripped by the “revolution going on in the world,” Yassin bought Bitcoin at the same time his YouTube content took focus on crypto.
Indeed, Yassin told Cointelegraph that his motivation right now is to share an important story with his audience, “We have to talk about crypto:”
“Crypto opened my mind to the problems that exist today and how we can collectively fix them tomorrow. That's why I'm excited. And, because of that, I have to try to educate my audience about that too,” he said.
Yassin joked that the digital currency revolution was very important. Hence he has to force crypto down the throats of anyone who follows NasDaily, especially when he educates his audience with daily videos.
Undeterred by the paper loss of 200,000 US dollars in his Bitcoin investment, Yassin bought more, even adding 3 more BTC to his stack in the days before WEF.
A HODLer with great faith, Yassin offers advice to those new to Bitcoin and the bear market to stay patient.
“Time to be greedy. So if you have something you want to build, do it, invest in whatever. Everything is now present in the flash sale. I am greedy today and for the next 12 months.”
Yassin is a fan of Sage of Omaha, otherwise known as Warren Buffet, the billionaire business magnate who is in charge of Berkshire Hathaway. In 1986, Buffett wrote an investor letter that created the popular investor cliché.
According to Buffett, investors should be "fearful when others are greedy and greedy when others are afraid." The popular investment strategy has since been hijacked and made into a meme by the crypto world. The phrase roughly translates to "buy the sauce."
As for Yassin, he joked that he was “good for Bitcoin now,” having added 3 BTC to his stash when it was under $30,000. Meanwhile, he is passionate about building the crypto community and is undoubtedly taking his audience on a journey further down the Bitcoin rabbit hole.
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