Celebrities around the world are increasingly interested in investing in the cryptocurrency scene, and former rapper Logic reportedly invested $ 6 million in Bitcoin last month. Going by the full name of Robert Bryson Hall II, Logic got into Bitcoin in a big splurge last month, according to a instagram post for his followers. Not only did he invest a large sum in the cryptocurrency market, but he seemed to be quite calm about it and said, "F * ck it !, YOLO (You only live once)." This is a term often used by people looking to commit daring acts.
Have you benefited from the latest price hike?
Considering that the rapper invested his money last month, he has made considerable profits in sums of dollars if his claims on social media are correct. Last month, the cryptocurrency was hovering around $ 14,000 and it didn't look like this resistance was going anywhere. However, now the cryptocurrency is worth around $ 18,800 at press time and that represents a 34% price increase on its own. So your original investment of $ 6 million is now worth $ 8 million, a sweet increase considering it's only been a month. The rapper is enjoying his recent success with Bitcoin and has even changed his Twitter name to Bobby Bitcoin.
Celebrities and Bitcoin
Celebrities promoting cryptocurrency investing is nothing new. A few years ago when Bitcoin was in relative crypto winter, Michael Keaton was approached by a journalist and asked about Bitcoin. Keaton said he was just discussing it with his friends the other day and that it seemed really interesting. Game of Thrones star Maisie Williams (who plays Arya Stark) also asked her followers for advice on whether to go for Bitcoin. She released a new poll on Twitter with a Yes or No response that her followers can participate in. Twitter users participated in a memefest after that, calling her interesting names in memes, including a girl who invests in Bitcoin, etc.
Interestingly, the story took a strange turn when Elon Musk responded to his tweet and said "Throw a Bitcoin at your Witcher", which is inaccurate as Williams never worked on the Witcher series. She responded by blatantly asking Musk "What is Blue Origin like?" Blue Origin is a space company founded by Amazon CEO Jeff Bezos and is a rival to Musk's famous SpaceX Corporation. Williams' jab was intentional and caused a lot of laughs on the microblogging website.