Narratives circulated claiming that Nikita sold an apartment and invested all proceeds into altcoins, but he rejects that account and clarifies details.

What Nikita wrote

According to Nikita, the rumor has persisted for 2 years, while the reality differs markedly from the popular version.

«I will lift the veil of secrecy about that apartment. The story has been following me for two years. I just feel that people think I sold an apartment on Kutuzov for a million in cash and went to live in the woods. In general, how it looked to me — it is an apartment for $50,000 in Saransk near a forest. When I sold it, my deposit was several times larger, it was not strongly felt. I grew up in Germany — and there it is a very logical move: why buy an apartment when you can invest in the market. So I was very surprised that from this everyone started to mock me on the Russian market. What added fuel was that because of my speculative portfolio it looked like I had gone all-in on Stark and zk with everything I had. Although most of that money was Ether and XLM, crumbs from there in alts like zk, stark, arb. Now, while I am typing this text, I understand that without context it looks as if I sold the apartment to pour all the money into a casino...»

Key points and context

Nikita emphasizes that the property in question was a modest apartment worth $50,000 located in Saransk, not a high-value unit in Moscow’s elite districts.

He adds that the sale did not materially change his overall financial position because his deposits and holdings were substantially larger at the time of the transaction.

How the rumor formed

According to the post, the rumor stemmed from selective excerpts and reinterpretation: an out-of-context remark was retold repeatedly and transformed into an all-in narrative.

Nikita notes that his speculative portfolio composition — with larger allocations to Ether and XLM and smaller positions in alts like zk, stark, arb — was mischaracterized during retellings.

Conclusion

The author asks readers to close the discussion about an apartment sale used to bankroll an altcoin gamble, stressing that the simplified legend does not match the known facts.