Dave Portnoy, an entrepreneur and proprietor of Barstool Sports activities, has made $70,000 off meme cash earlier than dumping them, he stated.
In a latest video posted on X, he rants about dumping meme cash and people who find themselves dissatisfied with their crypto investments.
To all of the shitcoiners crying proper now. Everyone knows the foundations. We’re all attempting to make a buck. No one is deceptive anyone. In case you are shopping for and promoting shitcoins try to be ready to lose your funding. It’s a danger. pic.twitter.com/u240QjlYZx
— Dave Portnoy (@stoolpresidente) February 7, 2025
Portnoy revealed that he earlier purchased MONTOYA and Josh Allen ($MVP), which he later dumped, making virtually $70,000 with $10,000 funding, based on his personal phrases.
He additionally disclosed that he doesn’t have any affiliation with these tokens, calling them “shitcoins.”
“I informed you what I’m doing. I stated I’m going to purchase the cash and I’m going to dump them. I’m attempting to generate profits,” he stated.
Portnoy additionally defined that he’s not answerable for anybody dropping their financial savings on meme cash.
“Cease crying! Everybody is aware of the dangers, everybody’s enjoying the identical recreation,” he stated. “Don’t cry since you’re too late.”
I misplaced 1 million {dollars} on the Invoice Tremendous Bowl. I feel I could make one million again on Josh Allen MVP coin. Purchase at your individual danger. I simply purchased it. I’m gonna promote it. Don’t purchase what ya can’t lose. pic.twitter.com/PTNVdjo3Ow
— Dave Portnoy (@stoolpresidente) February 7, 2025
In an earlier submit on X, Portnoy revealed that he beforehand misplaced 1 million {dollars}.
