Block B’s Park Kyung opened up about the dumbest thing he recently did, which was Bitcoins.
Bitcoins are a cryptocurrency and worldwide payment system that works without a central bank or single administrator.
He had invested in Bitcoins because of its hype as the latest trend in investment plans.
“I recently invested a bit into Bitcoins and I think it was the most stupid thing I’ve done.”
When he first bought Bitcoins, the value was still on the rise.
“It was in the red-zone when I bought it and I thought it would continue that way.”
Unfortunately for Park Kyung, the value of Bitcoins have been cut nearly in half!
Bitcoins have become a hot trend in Korea as celebrities and civilians alike have begun purchasing them as investment plans through recently launched exchange companies. Actor Lee Dong Wook was chosen to endorse a Bitcoin company.
Although Park Kyung lost money on his investment, he looks back on this as a lesson learned.
“I learned a valuable lesson.”
Watch Park Kyung hilariously reveal his biggest regret below!