Widely Followed Media Personality Dave Portnoy Explains Why He's Bullish on XRP

According to him, his interest in XRP is largely due to FOMO, which he considers the good kind. He likens XRP's potential to that of Bitcoin.

Media personality Dave Portnoy has publicly shared why he’s bullish on XRP.

According to him, his interest in the token stems largely from FOMO, which he considers the good kind. He adds that XRP is one of the few remaining tokens that still carries the potential for a huge return, which is something he hopes for. Notably, Portnoy shared this perspective during his recent appearance at the 2025 edition of CoinDesk’s Consensus conference.

Portnoy: ‘I Like Making Money Without Working’

During his session, the personality discussed the growing overlap between crypto and sports betting. He noted how both appeal to risk-tolerant individuals chasing quick 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.’ That’s a great feeling,” Portnoy said.

He connected this appeal to a broader cultural change, where more people, especially the younger generation, are embracing financial risk-taking as a form of empowerment, excitement, and aspiration.

The FOMO Factor Behind XRP

Portnoy openly admitted that his decision to hold XRP is more of the fear of missing out than a deep belief in its fundamentals.

“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. It’s just $2.40. What if that’s the next Bitcoin?” he said.

Like many retail investors, Portnoy views XRP as a speculative play, an opportunity that might turn into something big if momentum and market conditions align.

‘Crypto Bro’ Outbid Me in Miami’

In a moment of personal reflection, Portnoy recounted an experience that confirmed his view of crypto’s disruptive power and his hope for XRP.

Explaining that he was trying to purchase an apartment in Miami years ago, he said he was ultimately outbid by someone heavily invested in cryptocurrency, a so-called “crypto bro.”

From Portnoy’s perspective, this individual likely got into Bitcoin early, when one BTC was around $8. Portnoy reflected on the two decades he had spent working hard, only to be overtaken financially by someone who had profited from a much 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 experience left him with a sense of how disruptive and real the power of crypto wealth has become. While Bitcoin has matured and reached a market cap of over $2 trillion, Portnoy sees a similar path for XRP.