Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
The story of Kiarash Hossainpour is actually a warning that feels like a success story—until it no longer does. This 22-year-old YouTuber and investor of German-Iranian descent became a case study for the dangers that arise when you think you can outsmart the market.
His background still shapes him today. Hossainpour was born in 1999 in Berlin, the son of an Iranian family that sought refuge in Germany before the Islamic Revolution. His father was a computer scientist—not wealthy, but smart. And he had a clear message for his son: "If you want to make money with computers, learn to program first." Hossainpour did that. At 13, he created his first YouTube channel, shared gaming tips, then built WordPress sites for "hardly $30 per site." By 2014, he received his first Bitcoin payment. That was the turning point.
At the end of 2015, he invested about 40,000 euros in Bitcoin. His parents skeptically asked if that was even legal. His father, whose own family had been impoverished by the revolution, warned: "Those are just numbers on a screen." But Hossainpour saw the numbers rise—and recognized an opportunity to sell himself as a success story.
That’s the tricky part. His YouTube channel actually gave sensible advice: "Invest only what you can afford to lose." But the images showed him in a Rolls-Royce, in a Lamborghini, with a Cuban cigar in his mouth. The message was clear: Follow me, become like me. Hundreds of thousands of followers believed it.
Then came May 2022. Luna, the cryptocurrency he had bet on with messianic zeal on his channel, lost 99 percent of its value. Overnight, Hossainpour lost up to 90 percent of his portfolio. All gone. He later admitted that his "sixth sense" had failed. The incompetence of the Luna team—that was his explanation. But honestly? He didn’t see it coming.
What’s impressive is his reaction afterward. Instead of capitulating, he told Business Insider Germany that he would continue investing in Bitcoin. The losses are "part of the game," he said, and they build character. He sees himself as a "strategic investor," someone who doesn’t panic. Bitcoin is now around $82,000—far from the all-time high of €67,000 in November 2021, but still the most stable of all cryptocurrencies he’s invested in.
The irony? While he endured himself, he drove thousands of unwitting followers into bankruptcy. That’s the risk of this influencer finance culture: The message isn’t "Invest wisely," but "Look how rich I am." And when the market turns, followers are left in the rubble.
Hossainpour has learned his lesson—hopefully, so have his viewers.