He mentioned Dave Portnoy, an entrepreneur and proprietor of Barstool Sports activities, made $70,000 from memecoin earlier than throwing them away.
In a latest video posted on X, he ranted about abandoning people who find themselves sad with meme cash and crypto investments.
Now all of the shit is crying. Everyone knows the principles. We’re all attempting to become profitable. Nobody will mislead. If you’re promoting shit and promoting, you need to be able to lose your funding. That is a danger. pic.twitter.com/u240qjlyzx
– Dave Portnoy (@stoolpresidente) February 7, 2025
Portnoy revealed that he had beforehand bought Montoya and Josh Allen ($MVP). He later dumped it, and in his personal phrases he made nearly $70,000 with an funding of $10,000.
He additionally made it clear that he has no connection to those tokens and calls them “shit.”
“I instructed you what I am doing. I will say I will purchase cash and throw them away. I am attempting to become profitable,” he mentioned.
Portnoy additionally defined that he’s not chargeable for anybody who loses his memecoin financial savings.
“Cease crying! Everybody is aware of the dangers, everyone seems to be enjoying the identical recreation,” he mentioned. “It is too late so do not cry.”
He misplaced $1 million within the Invoice Tremendous Bowl. I believe Josh Allen MVP cash may also help you get again 1 million. Buy at your personal danger. I simply purchased it. I will promote it. Do not buy something you may’t lose. pic.twitter.com/ptnvdjo3ow
– Dave Portnoy (@stoolpresidente) February 7, 2025
In a earlier publish about X, Portnoy revealed that he had beforehand misplaced $1 million.
