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Cardano (CRYPTO: ADA) founder Charles Hoskinson revealed his personal crypto holdings have depreciated by over $3 billion but refuses to sell, but he refuses to sell—telling viewers during a livestream from Tokyo that he doesn’t care if he loses it all.
The $3B Loss And Why He Won’t Sell
Hoskinson addressed critics who say wealthy founders can easily hold through downturns.
He revealed losing over $3 billion in unrealized losses and admitted cashing out would have been easy, but dismissed the idea entirely.
His reasoning: “Do you think I honestly care if I lose it all? Do you think I’m doing this for money? You’re pretty mistaken if you do.”
Crypto represents the only viable path…
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