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

[Ezekiel 25:17]

Like people have pointed out.

Unless he cashed out today he hasn't lost anything. He could be up in a years time if he is just holding it

Have you nikka's not learned anything from the last crash, when everybody was making memes then were nowhere to be seen when the market was up again.

Is 100% of his salary in Bitcoin?

 

[pete clemenza]

Duh but that's not going to get headlines

What person would cash out on Bitcoin when it's at it's lowest it's since it hit 60k

Mind you he took 68.7M in USD which he got from the Browns and one year with NYG in cash

and took 750k in Bitcoin which is his rams money.

Mind you he's getting paid by the browns still.

Odell hasn't lost. That Rams money is play money for him.

There is no such thing as play money for a NFL player

 

[Eternal Tecate]

You dont lose until you sell

 

[Originalman]

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?

 

[mannyrs13]

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

It sure is!

Purchasing Power of the U.S. Dollar Over Time

 

[intra vires]

investing becoming "cool" has some terrible side effects. people still looking at everything like it's short term with short term goals

 

[desjardins]

TBF, bitcoin done spiked and crashed multiple times already.
If you believe in it then just hold. All them other fake ass cryptos and fake ass NFTs that's popping up good luck if you invested heavily in those

 

[Originalman]

no one knows if he did…but folks will run with this tweet bcuz it aligns with their biases

I’ve said it enough times on this site…the hit pieces come with the price drops and diminishing public interest…and this is when ppl should start to look into buying (but not as yet as there’ll be further dips)…but instead a majority of dudes will laugh/giggle then when the shyt starts running again in a few years, they’re going to be running around like chickens with their heads cut off looking to spend the absolute minimum when the market is at maximum peak hoping to get rich then be discouraged when they don’t…and they’ll go back to saying crypto is a “scam”…rinse and repeat lol smh

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.

 

[FcKuPaYmE]

 

[CrimsonTider]

Like people have pointed out.

Unless he cashed out today he hasn't lost anything. He could be up in a years time if he is just holding it

Have you nikka's not learned anything from the last crash, when everybody was making memes then were nowhere to be seen when the market was up again.

It’s a speculative vehicle

You dont lose until you sell

opportunity cost

 

[Doin2Much Williams]

O'Dell is my hero. Love that guy.



He embodies everything that it means to be ultra.



The man can does no wrongs in my book (even if my novel is simply just a brochure... or gooder yet, an instruction manual).



.

 

[YouMadd?]

Timing is everything…. Okung was a genius for taking his salary in Bitcoin because his timing was perfect.


Investing is 33% timing…. WHEN you make your trade matters.

but I can see that the narrative is just to FUD crypto clearly.

Also, the guy who posted that is a sports better….. this man is 98% chance that he is not profitable for his lifetime of gambling

 

[YouMadd?]

The supply of US dollars has doubled in the past 2 years…… Crypto coming whether you believe it or not.

 

[King Poetic]

I don’t know his finances or his advisors

but I hope he have the right people around him and second advisors as well

 

[Theraflu]

It sure is!

Purchasing Power of the U.S. Dollar Over Time

You do realise people are meant to have a variety of investments right?