<p><strong>Famous crypto trader Dave Portnoy is back, celebrating his bold XRP dip-buying and saying he could never sit out the recent market drop.</strong></p>
<p>His <a href="https://x.com/stoolpresidente/status/1993074015204978945?s=20" rel="noopener noreferrer nofollow">comment</a> comes just days after he accumulated $1 million worth of <a href="https://thecryptobasic.com/tag/ripple/" rel="noopener noreferrer nofollow">XRP</a> during last week’s steep downturn. Now, the move has already turned profitable as XRP rebounds.</p>
<h2 id="xrp-rebounds-strongly-after-falling-to-1-83">XRP Rebounds Strongly After Falling to $1.83</h2>
<p>XRP is trading at $2.21, up 7.44% in the past 24 hours and back in positive territory for the week with a 2.33% gain.</p>
<p>Last week’s sell-off briefly sent XRP down to $1.83, creating the exact environment Portnoy described as a “blood in the streets” moment. The recovery has now placed his million-dollar XRP position in the green.</p>
<h2 id="portnoy-s-dip-buy-pays-off-sooner-than-expected">Portnoy’s Dip Buy Pays Off Sooner Than Expected</h2>
<p>On November 17, Portnoy executed a rapid series of buys during the market crash:</p>
<ul>
 <li>$500,000 in XRP at 6:36 PM</li>
 <li>$750,000 in Bitcoin at 6:37 PM</li>
 <li>$400,000 in Ethereum at 6:37 PM</li>
 <li>Another $500,000 in XRP at 6:38 PM</li>
</ul>
<p>This brought his total XRP purchase to $1 million, making it his largest allocation during the dip. At the time, Portnoy framed the opportunity as too obvious to ignore. Eric Trump <a href="https://thecryptobasic.com/2025/11/19/eric-trump-says-smart-trade-as-dave-portnoy-buys-1000000-in-xrp/" rel="noopener noreferrer nofollow">even praised</a> the transactions as a “smart trade.”</p>
<p>Today’s XRP rally appears to validate that stance, at least in the short term.</p>
<h2 id="imagine-not-buying-the-dip-couldn-t-be-me">“Imagine Not Buying the Dip—Couldn’t Be Me”</h2>
<p>Notably, XRP traded as low as $2.1182 on the day Portnoy executed his $1 million acquisition. Over the next few days, his position turned negative as the coin dropped below $2. At one point, the $1 million portfolio was worth just over $860,000, after XRP touched $1.83.</p>
<p>With XRP climbing, Portnoy posted a short message on X celebrating the turnaround, saying it was hard to imagine sitting out such an opportunity.</p>
<p>The ongoing XRP rally follows a broader market rebound, led by Bitcoin’s recapture of the $89K level earlier today. The move lifted the whole market, which now sits above $3 trillion after having dipped to $2.8 trillion last week.</p>
<p>Meanwhile, <a href="https://thecryptobasic.com/tag/xrp-ripple-price-prediction/" rel="noopener noreferrer nofollow">XRP’s price</a> momentum is further supported by ongoing ETF launches. Yesterday, XRP ETF products from Grayscale and <a href="https://thecryptobasic.com/2025/11/25/franklin-templeton-says-xrp-plays-a-foundational-role-in-global-settlement-infrastructure/" rel="noopener noreferrer nofollow">Franklin Templeton went live,</a> seeing debut inflows of over $120 million.</p>
<h2 id="comeback-after-earlier-xrp-missteps">Comeback After Earlier XRP Missteps</h2>
<p>Portnoy’s renewed success with XRP comes months after he <a href="https://thecryptobasic.com/2025/07/22/media-personality-regrets-panic-sale-of-3m-worth-of-xrp-after-friends-tip/" rel="noopener noreferrer nofollow">lamented</a> panic-selling $3 million in XRP during a misinterpreted scare earlier this year. He had intended to hold through volatility but exited at $2.40, only to watch the asset rise to $3.65 shortly after—a moment he described as making him “sick.”</p>
<p>His latest accumulation and the profit it generated contrast with that earlier episode, suggesting he is determined not to repeat the same mistake.</p>

Dave Portnoy Says ‘Imagine Not Buying XRP Dip’ as His $1M XRP Position Turns Profitable

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