Odell Beckham Jr. Loses Most Of His Salary Due To Bitcoin Dip

[MeachTheMonster]

It will go back up, but I still think it’s dumb to yolo your salary at any one investment.

This doesn’t effect him in the slightest but it sets a bad example for all of the non millionaires yoloing their life savings into stuff like this.

 

[H. Selassie]

I clearly emphasized LARGE investments.

Also, all investments are not good investments.....which is the point I am making. These athletes are diving in these expenditures head first without doing their homework.

Ain’t no way in hell I’m sitting on 100 Mill thinking “damn…I HAVE to hurry up and invest! here…take my money!!”

And if I do decide to diversify, it’ll be 1 or 2 investments to create a little residual income post playing career.

Greed doesn’t allow people to leave “good enough” alone and they end up losing everything. Capitalism tells a 100 Millionaire “I HAVE to find a way to flip this into a billion”…no the fukk you don’t

 

[NkrumahWasRight Is Wrong]

He flipped it to Shiba

 

[Standing on business]

Breh really did a hit piece on $750k worth of Bitcoin ignoring the other $70 million he’s getting paid normal. And dudes in here really tryna clown not seeing the ridiculousness in that.

 

[Goat poster]

Question: have any white athletes done that dumb shyt?

or is it just brothas falling for the okey doke and losing wealth?

 

[Michael's Black Son]

how did he "lose" anything?

he didnt sell the damn bitcoin

 

[Return of the Jedi]

how did he "lose" anything?

he didnt sell the damn bitcoin

An unrealized loss that big will have anyone sweating.

 

[Genome]

In 5 years it'll be worth 20 times what it is now

I hope breh

 

[GunRanger]

That's just doing too much. The US dollar is more stable than any crypto currency.

Stable at consistently losing value

 

[Cobalt Sire]

How's that coli token doing? Last I checked, the thread was quiet.

 

[Secure Da Bag]

Y'all have NO other investing strategies bar crypto?!?!?!

 

[O.iatlhawksfan]

An unrealized loss that big will have anyone sweating.

Not if you in it long term

 

[JQ Legend]

Tweet misses the point. That minimum contract by OBJ is a drop in the bucket for him compared to what he has made for years.

Nothing on this planet not stock, gold, real estate and etc has performed like Bitcoin the last 10 years.

With inflation at 7% and the dollar eroding like crazy folks actually think investing in bitcoin is a bad idea?

It sure is!

Purchasing Power of the U.S. Dollar Over Time

Posted that at the same time like y’all soulmates

 

[JQ Legend]

Also breh the white sports media and sports forums foundation is laughing at / making fun of black athletes hoping they go broke.

Most of the hate with black athletes is based on either that they are rich and smart with their money or they have blown all their money not being smart with their financial investments.

Why you think the first question they ask every black athlete is "So what you gonna buy with your first professional check?". They don't ask non black athletes these dumb ass questions.

Damn breh this some real shyt

I didn’t even peep that till you said it

 

[EndDomination]

It's amazing to see how incredibly short-sighted a lot of nikkas are.

It's easy to see why majority would have sold AMZN when it was crashing down 75 or 90% in the early 2000s

The nikka you quoted will be here a year later calling it a bubble after OBJ has tripled his money from btc

Amazon was a unicorn company and is a horrible example to compare this to.