Professional Fighting Champion Says He Couldn’t Sell Bitcoin at ATH For This Reason

Australia-based Jiu-Jitsu champion Craig Jones said he was one of the many who missed their chance to cash in their purchased Bitcoin after the 2017 ATH. The professional fighter had bought his crypto assets in 2015 but apparently lost the advantage of the all-time high value after mislaying his coins.

Losing His Bitcoin In a Trivial Way

Jones is a former International Brazilian Jiu-Jitsu Federation World No-Gi Champion and two-time Abu Dhabi Combat Club Trials champion.

According to a recent post, the 29-year-old fighting prodigy purchased Bitcoin in 2015. Back then, the price was much lower, but Jones said he wasn’t able to cash in after BTC skyrocketed to $20K. It all comes to the time when Jones and a couple of his fellows bought some Bitcoin for the fun of it.

“Back in 2015, me and a couple of mates bought some Bitcoin for sh*ts and giggles and then forgot about it almost immediately”, said Jones.

After that, in 2017, when the price of the cryptocurrency blasted up, he and his friends came to find out they cannot take advantage of the situation and their investment.

“Then when things went crazy a couple of years later we were all frantically trying to work out who had the password but nobody could remember how to get our account back. I definitely have a few regrets there.”, he added.

Now an ambassador and a promoter for cryptocurrencies, Jones has recently been paid prize money in the form of crypto assets. After a successful match in Australia, he received $1,000 in Bitcoin Cash. It was also announced that Jones will be sponsored by CoinJar with crypto assets via his exchange account.

Bitcoin And Sports

Bitcoin is starting to get even more popular in the professional sports environment. There are more than a few cases where players have announced they would like to be paid in Bitcoin. A news publication from 2019, revealed that NFL footballers said they’d like their contracts to include Bitcoin payments.

Promoting the cryptocurrency via famous names in sports has also been a thing for a while now. As CryptoPotato recently reported, renowned African American NASCAR driver and champion Darrel “Bubba” Wallace transformed his racing car’s paint job and new suit design to include Bitcoin’s logo.

The article was first published on: Jul 18, 2020