Dave Portnoy, founder of Barstool Sports, admitted that he lost $ 700,000 in trading on September 8 and stressed the importance of strong hands.

“Stealing a line from my cryptocurrency – you can’t have a weak hand,” Portnoy said in a video posted on September 8 on Twitter. “If your hand is weak, then this game is not for you.”

Weak hands refer to a person selling his business or investment position due to fear (or during) a price drop. Stocks have declined in value recently, including today as Tailor bragged about its strength.

“Do you see my hands trembling?” In Tailor. “I am 700 thousand,” he added. “I love it because it’s been so easy since I filed a lawsuit,” he said of his alleged success in conventional finance.

Unlike his strong supporter of stocks, Portnoy showed the opposite during his short stint in the crypto space. Tailor left Bitcoin after losing $ 25,000 from the original. In response to the departure of Barstool’s founder Bitcoin, a Twitter member said, “How do you hold pizza in weak hands?”

However, to be honest, the trader expressed satisfaction with trading his shares, leaving Bitcoin due to lack of knowledge of the origin, and also due to the lack of time he wants to spend learning to trade cryptocurrencies.

Source: CoinTelegraph

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