Ever since Sauce Gardner broke into the NFL, the 23-year-old has cemented himself as a reliable CB prospect for the Jets. But is the two-time All-Pro a reliable crypto investor? Better left unsaid, as Gardner sought financial advice from netizens after losing $9,323 in the crypto crash.
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Through a series of tweets, the Jets CB displayed a clear lack of understanding of the bear market, as he was candidly seen asking netizens for advice during the crypto crash. The CB shared a screenshot of his portfolio, where his Bitcoin and Ethereum had experienced a significant dip in value of $9,323.60.
In the caption, Gardner asked netizens if he should sell the currencies now to minimize his losses, as the massive drop had him feeling anxious. He tweeted:
“To the crypto space, does this mean it’s time to take my profit while I can? Losing this much money in a day got me punching air.”
While the question is completely valid, it also highlights the NFL star’s inexperience. BTC and ETH are fundamentally strong cryptocurrencies, and the general rule of thumb is to hold onto such currencies as long as possible, unlike ‘meme coins,’ which should be traded (pumped and dumped) when opportunities arise.
Netizens, therefore, asked Gardner to hold on to his portfolio and urged him to buy more BTC and ETH instead, as the prices have dropped considerably. But as always, the internet continued to be a funny place, as Gardner got a lot more than advice for his tweet.
Netizens smartly calculate Gardner’s crypto holdings
As mentioned before, a few netizens were kind enough to educate Gardner about the basics of crypto trading. They urged the Jets star to not focus on short-term gains and instead focus long-term. “You only lose once you sell” was the common mantra prescribed to the NFL star.
DCA brother. You don’t invest for short-term gains. Rather long term growth
— Jason Dinaro ₿ (@neverEnough32) August 11, 2024
You only lose once you sell!
— South Valley Sports Cards (Joe) (@SouthValleySC) August 11, 2024
The highlight of the replies, though, was from a netizen who slyly calculated the total crypto holdings of the CB. He was smartly able to do this by noticing from the screenshot that $9,323.60 had [3.97%] next to it indicating that the sum was barely 4% of the total holdings. A quick percentage crisscross and voila, the user was able to decode Gardner’s total holdings as $234,851.39.
So $234,851.39 in your wallet huh
— samio (@Samio__) August 11, 2024
One fan also poked fun at Sauce for “punching air” over $9,000 because the netizens rightly pointed out that the meager sum can be recouped by the CB in just three snaps.
$9K sauce? Come on you’re gonna make that in 3 snaps in a couple years
— Ben Esherick (@benesherick) August 11, 2024
Jokes aside, this candid and insatiable hunger to learn and grow is what makes Sauce Gardner an endearing personality. Regardless of the naivety, it’s heartening to see the CB make efforts to learn about investing and trading.