‘My heart is crypto’ — Dave Portnoy says he’s back into Bitcoin trading

‘My heart is crypto’ — Dave Portnoy says he’s back into Bitcoin trading


Dave Portnoy, the founder of Barstool Sports, is coming back to Bitcoin (BTC) after abruptly abandoning trading digital currencies when his Chainlink (LINK) investment went belly up. In a recent video, Portnoy said his “heart is crypto” and would make a return to the cryptocurrency market soon.

The internet personality, who became a popular day trader after the coronavirus pandemic, entered the Bitcoin market on Aug. 14 after meeting with avid billionaire Bitcoin investors Cameron and Tyler Winklevoss. After receiving a quick refresher on what crypto is and how to trade it, Portnoy reportedly bought a significant amount of Bitcoin and Chainlink (LINK).

XBT/USD daily chart. Source: TradingView.com

Unbeknownst to Portnoy, his LINK purchase was near the top of a more than 1000% rally and he was far from pleased when his position registered a loss as LINK price retraced sharply. Shortly thereafter, Portnoy announced that he was leaving the cryptocurrency market. On Aug. 22, he

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