“Media Personality Dave Portnoy Reveals Why He Invests in XRP, Asks What if XRP is Next Bitcoin”
Broadly adopted media persona Dave Portnoy, founding father of DDTG International, has publicly shared why he’s bullish on XRP.
According to him, his curiosity in XRP is basically on account of FOMO, which he considers the great type. He likens XRP’s potential to that of Bitcoin. Notably, Portnoy shared this attitude throughout his current look on the 2025 version of CoinDesk’s Consensus convention.
Portnoy: “I Like Making Money Without Working”
Throughout his session, the media persona mentioned the rising overlap between crypto and sports activities betting. He famous how each enchantment to risk-tolerant people chasing fast wins.
“There’s something about placing a bet, seeing Bitcoin or XRP go up, and just sitting on your couch like, ‘I made that money not working,’” he stated. “That’s a great feeling.”
He linked this enchantment to a broader cultural change, the place extra individuals, particularly the younger, are embracing monetary risk-taking as a type of empowerment, pleasure, and aspiration.
The FOMO Issue Behind XRP
Portnoy brazenly admitted that his choice to carry XRP is extra of the worry of lacking out than a deep perception in its fundamentals.
With Bitcoin now seen as a extra mature asset that generates much less retail FOMO, he sees XRP as one of many few remaining tokens that also carries underdog enchantment. He confirmed that its comparatively low value and the potential to duplicate Bitcoin’s meteoric rise are what attracted him.
“I don’t know if there’s as much FOMO in Bitcoin now; it’s so established. But that’s why I’m in XRP. It’s FOMO,” he defined. “It’s just $2.40. What if that’s the next Bitcoin?”
Like many retail buyers, Portnoy views XRP as a speculative play, a chance that may flip into one thing huge if momentum and market circumstances align.
“Crypto Bro Outbid Me in Miami”
In a second of private reflection, Portnoy recounted an expertise that confirmed his view of crypto’s disruptive energy and his hope for XRP.
He defined that whereas attempting to buy an house in Miami years in the past, he was finally outbid by somebody closely invested in cryptocurrency, a so-called “crypto bro.”
From Portnoy’s perspective, this particular person seemingly bought into Bitcoin early, when one BTC was round $8. Portnoy mirrored on the twenty years he had spent working onerous, solely to be overtaken financially by somebody who had profited from a a lot newer, unconventional path.
“He probably got into Bitcoin when it was like eight bucks. I’ve slaved for 20 years, and he just outbid me.”
The expertise left him with a way of how disruptive and actual the facility of crypto wealth has turn into. Whereas Bitcoin has matured and reached a market cap of over $2 trillion, Portnoy sees an analogous path for XRP, therefore his endorsement.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article might embrace the creator’s private opinions and don’t mirror The Crypto Primary opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Primary isn’t liable for any monetary losses.
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