Lawrence is hoping that his crypto coins bounce back in 2022 (Robert Scheer - USA Today Sports)
Lawrence is hoping that his crypto coins bounce back in 2022 (Robert Scheer - USA Today Sports)

Crypto crash costing Trevor Lawrence millions


by - Assoc. Editor -

The Crypto economy has had an estimated loss of $300 billion with Luna and TerraUSA cryptocurrencies crashing down as failed speculative products.

NFL stars are not struggling as hard as everyday folk with their financial situation but the losses of money is staggering for some players including Jacksonville Jaguars quarterback Trevor Lawrence.

In 2021, Lawrence signed a deal with Blockfolio to convert his $22,630,055 million signing bonus into cryptocurrency. According to Action Network, the same bonus is worth only an estimated $9.3 million.

There are other players such as Russell Okung that have been paid mostly by Bitcoin, and currently, it has backfired financially.

The crypto and stock market have been wildly volatile of late, so please be careful out there as it should remain a bumpy ride as long as inflation remains high.

Warning: Do not take financial guidance from anyone on TigerNet.com, including me, for financial advice. I am not a financial advisor, but I did stay at a Holiday Inn.

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Subject (Replies: 100) Author
spacer TNET: Crypto crash costing Trevor Lawrence millions
TigerNet News
spacer My own modest 401K has been in a prolonged trainwreck as
76er®
spacer It's transitory, errr Putin's fault, errr covid, err
AllOrange247365
spacer Re: My own modest 401K has been in a prolonged trainwreck as
allorangeallthetime52®
spacer Re: My own modest 401K has been in a prolonged trainwreck as
RememberTheDanny
spacer Re: My own modest 401K has been in a prolonged trainwreck as
CS73
spacer Re: My own modest 401K has been in a prolonged trainwreck as
truetiger1998
spacer Yes and no.
Lowcntry_Tiger®
spacer Re: My own modest 401K has been in a prolonged trainwreck as
truetiger1998
spacer Wrong
Lowcntry_Tiger®
spacer Re: Wrong
Tiger1616Dad
spacer Re: Wrong
1happytiger
spacer Re: Wrong
chipbiii
spacer Re: Wrong
anonymouse
spacer Once Nixon depegged the dollar from gold …
PAWsitively AllIn
spacer RE: Bitcoin
Lowcntry_Tiger®
spacer Re: Once Nixon depegged the dollar from gold …
1happytiger
spacer Re: My own modest 401K has been in a prolonged trainwreck as
orangecoloredglasses®
spacer Re: My own modest 401K has been in a prolonged trainwreck as
spiderman_x10®
spacer Re: My own modest 401K has been in a prolonged trainwreck as
Coren77
spacer The current economic situation was in fact largely created by
Lowcntry_Tiger®
spacer You skipped Bush being president from 2000 to 2008....
Lennon-McCartney
spacer Good point. Biden is somewhat responsible
Neal in NC®
spacer Re: My own modest 401K has been in a prolonged trainwreck as
HeresWhatsUp®
spacer Re: My own modest 401K has been in a prolonged trainwreck as
mhuyser
spacer This is the front desk,
BloodbeOrange®
spacer Don't put all of your (bonus) eggs in one basket.***
TigerzzRoar®
spacer Re: Don't put all of your (bonus) eggs in one basket.***
ClemsonTigers44
spacer Re: Don't put all of your (bonus) eggs in one basket.***
CU1976
spacer Re: Don't put all of your (bonus) eggs in one basket.***
tigerband1®
spacer Ouch
glennjamin182®
spacer Re: Ouch
allorangeallthetime52®
spacer I don’t get this crypto junk, reasons:
OhWiseOne®
spacer Corona beer is a better investment.....
PACIFIC BEACH TIGER®
spacer Re: I don’t get this crypto junk, reasons:
LeonTrotsky®
spacer Re: I don’t get this crypto junk, reasons:
RememberTheDanny
spacer Re: I don’t get this crypto junk, reasons:
stodd1515®
spacer Re: I don’t get this crypto junk, reasons:
TigerzzRoar®
spacer Re: I don’t get this crypto junk, reasons:
LeonTrotsky®
spacer Re: I don’t get this crypto junk, reasons:
stodd1515®
spacer Re: I don’t get this crypto junk, reasons:
RememberTheDanny
spacer Does anyone know of anyon that cashed out at the peak or...
TigJam®
spacer My Sons friend ...
OhWiseOne®
spacer Re: I don’t get this crypto junk, reasons:
orangecoloredglasses®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
LCTiger97
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
ColorofGrey
spacer Clickbait from the action network site
geech72
spacer Re: Clickbait from the action network site
TigerzzRoar®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
jarheadtiger®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Noodle
spacer Not likely out of the market by nature
ColorofGrey
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
BerlinSPY73®
spacer He did this is part of an endorsement it sounds like so my guess
ctigers90
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
LeonTrotsky®
spacer The test of time?
Lowcntry_Tiger®
spacer Other than inflation, stock market, babies going hungry,
TigerCook®
spacer Re: Other than inflation, stock market, babies going hungry,
nctiger622
spacer Re: Other than inflation, stock market, babies going hungry,
tiger kid®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Noodle
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
aroseforthehall
spacer Let's go Brandon! And the horse he rode in on****
partsunknown
spacer I’m a millionaire
Ucel74
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Gumby®
spacer Swap for carbon credits instead of cash?****
partsunknown
spacer Re: Swap for carbon credits instead of cash?****
Gumby®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
tiger kid®
spacer Bond market will give a 7% yield now and ..
OhWiseOne®
spacer Re: Bond market will give a 7% yield now and ..
orangecoloredglasses®
spacer et tu Tigernet?
SocMan2®
spacer Re: et tu Tigernet?
orangecoloredglasses®
spacer Re: et tu Tigernet?
CS73
spacer Where were his parents? And why was he not listening to them
Neal in NC®
spacer How about do both?
SocMan2®
spacer Re: Where were his parents? And why was he not listening to them
Noodle
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
profuscious
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Spillerelite®
spacer So that's a Strong Recommendation on crypto?****
partsunknown
spacer Hate this happened to TL but hopefully it'll serve as a cautionary tale
thompson_creek_tiger®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
RRTiger®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Noodle
spacer Sorry not sorry. Shouldn’t have trusted the Matt Damon commercials***
nkickha
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
NCTIgerFan23
spacer He's still set
ColorofGrey
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Tigerlife2005
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
ILuvBrittany®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Noodle
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
spiderman_x10®
spacer To be fair, that's Tigernet's MO
ColorofGrey
spacer What's the fastest way to make $9.3 million in crypto?
CM Shack®
spacer lol***
tigrrfan
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Valley Boy
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
orangecoloredglasses®
spacer Next to no info here on his unique position though
ColorofGrey
spacer Hey look, somebody wants us to see how much they know
CM Shack®
spacer Re: Hey look, somebody wants us to see how much they know
ColorofGrey
spacer Color me impressed Grey***
CM Shack®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
ILuvBrittany®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
ILuvBrittany®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
jaxco
spacer Trevor was hoodwinked
pawsrule4evr®
spacer Re: TNET: Crypto crash costing Trevor Lawrence millions
Clemsader

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