Peter Schiff labels as “Idiots” those who do not take advantage and sell Bitcoin now that it exceeded $48,000
The controversial investor in the gold market, Peter Schiff, spoke again through his official channels to comment on Bitcoin saying that those who do not take advantage of the recent price increase to sell would be behaving in an idiotic way.
This was indicated by Schiff in a message published through his Twitter account, in which he launched his controversial comments in response to a publication in which he referred to his previous statements, where he regretted not having bought Bitcoin before.
“Big deal. I’d be an idiot not to regret not buying #Bitcoin when the price was much lower. But the real idiots are the ones not selling it now.”
Big deal. I'd be an idiot not to regret not buying #Bitcoin when the price was much lower. But the real idiots are the ones not selling it now.
— Peter Schiff (@PeterSchiff) August 20, 2021
As is customary, Schiff’s message was quickly filled with comments from digital currency enthusiasts who rejected his comments, most of them pointing out that the Bitcoin market is ultimately far more lucrative than gold in terms of return on investment.
It is worth noting that Schiff has gained a certain fame within the digital currency ecosystem for being one of the main detractors of Bitcoin, taking advantage of every space he has to speak out against it and speak out in favor of the gold market.