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Dave Portnoy: Will continue to hold even if Bitcoin drops to zero.

CoinNetwork
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Coin World News: Barstool Sports founder Dave Portnoy said that even if Bitcoin drops to zero, he will continue to hold his Bitcoin investment. In an interview with Fox Business host Stuart Varney, he revealed that he bought Bitcoin when it was near $100k and has already lost millions of dollars. Portnoy admitted that his Bitcoin investment history has always been mistimed buying and selling before major rebounds. He said that despite Bitcoin falling from its peak of $126,080 in October to about $62,162, he plans to continue holding. He mentioned that previous attempts to sell Bitcoin always led to price rebounds, so this time he prefers to hold on. Although Portnoy insists on holding Bitcoin, market participants remain divided on the price trend.
BTC1.30%
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DaoScraps
· 2h ago
Admitting mistakes so many times and still continuing, either you truly understand Bitcoin, or the sunk cost is too high to get off.
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GateUser-5578154d
· 6h ago
When the market is highly divided, stubbornly holding can sometimes be the right move, and sometimes it's just being thick-headed; it depends on which type he is.
View OriginalReply0
SucculentCross-Section
· 9h ago
Dave's mentality, I have to hand it to him, holding even when it goes to zero—is that true faith or is he really stuck? Haha
View OriginalReply0
CandleChaser
· 9h ago
Didn't sell at 126k, nor cut at 62k, the god of reverse trading.
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L2Sprinter
· 9h ago
Even the Barstool boss lost millions of dollars; I lost only a few thousand USDT and it instantly balanced out for me.
View OriginalReply0
TalkingAboutMemeAsTheCoinMakes
· 9h ago
Just go for it 👊
View OriginalReply0
EchoesOfRollup
· 9h ago
Selling too early is more painful than losing money. This guy gets it.
View OriginalReply0
CatPawTapToConfirm
· 9h ago
Nearly 100k entered, now halved. If it were me, I would have cut losses long ago. He can withstand it, truly a tough guy.
View OriginalReply0

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