🚀 Portnoy's $XRP Mistake: A $2.40 Exit Before 60% Surge
Barstool Sports founder Dave Portnoy just admitted to selling his XRP at $2.40—only to watch it skyrocket to a new all-time high of $3.66 days later. The self-proclaimed "leader of the XRP army" revealed he sold on bad advice, missing out on millions in profits. His reason? A tip that Circle's competition would suppress XRP's growth—proven dead wrong as XRP now dominates as the #3 crypto by market cap.
😭 History Repeats Itself – This isn't Portnoy's first crypto misfire. In 2020, he panic-sold Bitcoin and Chainlink after a brief dip, later regretting it. Earlier this year, he lamented Barstool's failure to invest $10M in BTC. Now, his premature XRP dump adds to his streak of unfortunate exits—though he still jokes about buying BTC if it crashes to $40K.
💡 Lesson Learned? – Portnoy's moves highlight a classic trader trap: emotional decisions based on short-term noise. While he laughs it off, his story serves as a cautionary tale for crypto investors—timing the market is brutal, and FOMO cuts both ways. Will he finally hold next time?
