Dave Portnoy, a trader and owner of Barstool sports, disclosed how he purchased $1.25 million BTC. However, he believes it's a giant Ponzi scheme during an interview with Anthony Pompliano, crypto podcasters.
He further spoke about how he entered the Bitcoin market in the middle of August after getting the responses Dave Portnoy wanted on his Twitter within fifteen minutes after he posted it.
It was at that time Dave purchased $1.25million BTC. Before Dave's experience in crypto, he has a big hit in his Chainlink investment, making him declare his new intentions for crypto because he believes coins don't rise.
However, Dave seems to be jerked after his experience with crypto due to the price inconsistency. He says that there no account of why the prices were fluctuating.
Finally, Dave revealed that even if he had backed away, he was still returning, though he doesn't know when exactly. Anthony Pompliano advised Dave to wait till next year before entering the market again.
Source: Cointelegraph.
