NBA Champion Reveals His Daily Bitcoin Habit

Source Beincrypto

NBA champion Tristan Thompson says he buys Bitcoin every single day and tells teammates calling him mid-season to do the same, regardless of what the chart shows.

The Cleveland Cavaliers veteran joins a growing list of basketball figures turning into vocal crypto advocates.

The Thesis Behind Buying Every Single Day

Dollar-Cost Averaging (DCA) means buying a fixed amount of an asset at regular intervals, regardless of price, to smooth out volatility over time. Thompson describes exactly that approach.

His pitch to teammates avoids price predictions entirely. He frames the purchase as stacking digital gold, warning them that they will have to explain to their grandchildren why they hesitated at $63,000.

“Buy every day, stack it, stack your digital gold… You don’t want to be 70 and have your grandchildren say to you, Papa, you didn’t buy more Bitcoin back when it was at $63,000… If you look through the last 14 years, it has appreciated by over 60 percent annually… Name a savings account that does that. You can’t find it,” Thompson said at The Pomp Podcast.

That figure matches current conditions. Bitcoin trades near $63,390, according to BeInCrypto data, roughly 50% below its October 2025 all-time high of $126,080.

Follow us on X to get the latest news as it happens.

Bitcoin (BTC) Price Performance. Source: BeInCryptoBitcoin (BTC) Price Performance. Source: BeInCrypto

The reasoning behind his conviction differs from most. Thompson says he does not own Bitcoin because he expects the dollar to fall, but because he expects the internet to keep winning.

His timeline traces back to 2008. That year, the global financial system cracked, and Bitcoin emerged as what he calls a “Robin Hood” figure in the pursuit of financial freedom.

Geography shapes his view, too. He considers the United States still early in adoption compared with Asia and the Middle East, where crypto payments already appear in everyday commerce.

He cites one concrete example. Emirates now accepts cryptocurrency for flight bookings. Regulation features in his outlook. Thompson pointed to the GENIUS Act and potential passage of the CLARITY Act as catalysts that could unlock substantially more institutional capital.

The Wider NBA Crypto Wave and Its Record

His advocacy extends beyond the asset itself. Thompson has taken on a financial literacy mission since shifting from playing to investing. The message to rookies is practical. He tells them to read profit-and-loss statements and understand how compounding actually works.

Thompson is far from alone in that space. Scottie Pippen has become one of the loudest voices for Bitcoin in basketball, tokenizing the 1991 NBA Finals Game 5 ball as a blockchain asset.

The six-time champion regularly posts bullish commentary. His messages range from blunt instructions to study Bitcoin to viral claims about Satoshi Nakamoto appearing in his dreams.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights.

Others have taken different routes. LeBron James partnered with Crypto.com on blockchain education, while Spencer Dinwiddie attempted to tokenize his own NBA contract.

The record is genuinely mixed, however. Stephen Curry, Klay Thompson, and Andre Iguodala all faced losses from crypto ventures during previous cycles.

That contrast matters for readers. Athlete endorsements have historically preceded both durable adoption stories and expensive disappointments.

Thompson’s own framing acknowledges the uncertainty. Play the long game, he says, and stop worrying about the price.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Forex Today: US Dollar stabilizes ahead of next batch of US dataHere is what you need to know on Thursday, August 13:
Author  FXStreet
13 hours ago
Here is what you need to know on Thursday, August 13:
placeholder
WTI declines below $82.50 as oil inventories rise far more than expectedWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.45 during the early Asian trading hours on Thursday. WTI declines on a larger-than-expected build in US crude oil inventories. Traders will closely monitor the developments surrounding US-Iran talks for fresh impetus. 
Author  FXStreet
22 hours ago
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.45 during the early Asian trading hours on Thursday. WTI declines on a larger-than-expected build in US crude oil inventories. Traders will closely monitor the developments surrounding US-Iran talks for fresh impetus. 
placeholder
Gold Price Forecast: Can Gold Keep Rising After Reclaiming $4,400 as Markets Await Upcoming CPI Data?During Wednesday's Asian trading session, spot gold (XAUUSD) extended its rebound, reclaiming $4,400/oz. As of 11:08 Beijing time on August 12, spot gold was trading at $4,414.705/oz, up
Author  TradingKey
Yesterday 10: 15
During Wednesday's Asian trading session, spot gold (XAUUSD) extended its rebound, reclaiming $4,400/oz. As of 11:08 Beijing time on August 12, spot gold was trading at $4,414.705/oz, up
placeholder
WTI advances above $82.50 due to mixed signals regarding potential US-Iran dealWest Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $82.70 per barrel during the Asian hours on Wednesday. Crude oil prices advance as investors weigh mixed signals regarding a potential deal between the United States (US) and Iran.
Author  FXStreet
Yesterday 01: 16
West Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $82.70 per barrel during the Asian hours on Wednesday. Crude oil prices advance as investors weigh mixed signals regarding a potential deal between the United States (US) and Iran.
placeholder
Gold Price Forecast: Cooling Rate Hike Expectations Push Gold Above $4,400, Eyeing $4,500 Next As of the European session on August 11, gold prices (XAUUSD) briefly topped $4,400 intraday, reaching a high of $4,435.2, its highest level since June 5. However, gains subsequently narr
Author  TradingKey
Aug 11, Tue
As of the European session on August 11, gold prices (XAUUSD) briefly topped $4,400 intraday, reaching a high of $4,435.2, its highest level since June 5. However, gains subsequently narr
goTop
quote