Twitch streamer says: In one month he lost the money on the stock exchange that he would otherwise live on for 5 years
Twitch streamer Asmongold is known for his insights into MMORPGs like WoW, New World or Lost Ark. Most recently, he had great success with his streams of the controversial Diablo Immortal. But even if his career is going well, he has not had a good hand when it comes to investments: the slump in many shares on the stock exchange caught him.
How Much Money Has Asmongold Lost in the Stock Market? The streamer, in a live stream on Twitch, says he’s lost over $150,000 in just one month in the stock market.
Speaking to his Twitch chat, he explains:
How many of you guys have lost money in the stock market – recession and all? So I lost a lot…$20.00? It would be nice if it were just that little! Should I really talk about how much I’ve lost? *groans in agony* It’s over $150,000 in one month. It could be worse? Shit, sure, it could be worse. But I live on $2,000 a month, man.
Conservative investors are also affected by the poor situation on the stock exchange
What’s remarkable about it? There are frequent stories about streamers losing huge amounts of money with risky investments:
Twitch streamer loses $8m, yells at viewer who advises him not to gamble
However, Asmongold is considered a reasonable investor who invests in “classic stocks” and growth sectors. He doesn’t think much of things like “NFTs”. He thinks people “lose their minds” when they spend thousands of dollars to buy a monkey painting.
But the looming recession in the global economy due to many individual problems has also hit such conservative investors hard in recent months:
- The NASDQ 100 index fell by almost 30% in the last 6 months – this is an index with huge established companies such as Activision Blizzard, Amazon, AMD, eBay, Kraft Heinz, Marvel, Microsoft, PayPal or PepsiCo
- the S&P 500, which includes the 500 largest publicly traded US companies, fell 20.5%.
- Normally safe companies like Amazon have lost 31%
- Facebook has lost nearly 50% under the new meta
- Tesla is worth 26.7% less today than it was 6 months ago
- Riskier currencies like bitcoin are down 56%
So you can see that even “relatively conservative” investors who are actually smart about their money aren’t chocked about taking significant losses on investments after a heated market cooled at an alarming rate.
Much praise for Asmongold’s humble lifestyle
That’s how it’s discussed: Fans find it even more astonishing than the loss of money that the multi-millionaire Asmongold lives on just two thousand to three thousand US dollars a month, as he says.
In comments, many viewers praise the streamer for living so modestly and staying down to earth despite his money. Asmongold is said to be an inspiration to his fans.
Ironically, the “shameless e-girl” (self-declared) Amouranth has a good hand when it comes to investments:
Twitch Streamer Buys Blizzard Stock for €1.7M – Says She Wants to Bring Half-Naked Women Back to WoW
Reference-mein-mmo.de