If you haven’t heard recently, crypto markets are shitting themselves, and two idols are taking an absolute bath by their own admission. BTOB‘s Eunkwang and former Berry Good member Johyun guested on KBS‘s Capitalist School, where they explained how their crypto holdings have been destroyed.
Eunkwang said he basically bought high and is now at 50% losses, also saying his restaurant went belly up.
BTOB’s Eunkwang explained that he got into crypto during its peak and has lost 50% of his initial investment. The idol stated that before going into the army, he opened up a restaurant out of fear for his future. However the restaurant didn’t work out as planned and has since closed. The idol explained that he now only runs a cafe in Singapore.
Meanwhile, Johyun talked about her Dogecoin investment…
“My mother gave up on me. I invested in Dogecoin. I was so into Dogecoin that I used it as my profile picture, and everyone called me the ‘Princess of Doge.’ I invested ₩10.0 million KRW (about $7,740 USD) and have lost 70% of it.”
…and how it’s down over 70%.
“That’s right! I am! The person who loved Doge so much! And still do! But I also suffered. -72 percent, my heart hurts, but… From now on, I’ll invest safely! There are various sectors! I will show you that I am improving! (sic)”
At least it’s only $8k for her and not like life savings (well, that could be her life savings), which happened to way too many fucking idiots.
The funny thing is this was broadcast on June 19, and I’m not sure if this show is live or not, but I assume it isn’t. In the last 10 days or so Dogecoin has lost 27% further, and the same goes for most other crypto, so these comically significant losses could actually be even worse than they’re saying here.
Don’t be a fucking idiot, kids.