Barstool Sports activities founder Dave Portnoy stated this week that he’ll maintain his bitcoin all the best way right down to zero if obligatory, whereas admitting his wrestle with timing the market.
“I’m holding. I’ll hold this thing down to zero,” Portnoy informed FOX Enterprise’ Stuart Varney on Varney & Co. “I know if I sell it, it’s going to go nuclear again. I’d rather go down with the ship this time.”
Portnoy stated he snapped up bitcoin at $100,000 and is now sitting on hundreds of thousands of losses. BTC peaked above $126,000 in October final yr, and has since halved to $63,000, CoinDesk information present.
“Yeah, I got regrets. I bought the thing at $100,000. There’s nothing I’ve been wrong about more than Bitcoin. Every time I sell it, it goes nuclear. Every time I buy it, it tanks,” Portnoy famous. His actual BTC holdings should not publicly identified.
