Crypto
Dave Portnoy says bitcoin rises when he sells, falls when he buys; will hold to zero
Barstool Sports founder Dave Portnoy says he is sitting on multi-million-dollar unrealised losses on his bitcoin investment. He says he bought bitcoin at $100,000 and is now suffering heavy losses, adding he regrets the trade. Portnoy says he has repeatedly mistimed the market, with prices rising after he sells and falling after he buys. He says this time he will keep holding, even to $0.
