Peter Schiff Warns Bitcoin HODLers; Endorses Gold As The ‘Future’

In a tweet made minutes before the time of publishing this article, Peter Schiff again took a dig at Bitcoin and promoted gold as the most valuable asset. The American stockbroker warned Bitcoin HODLers and said that people who still believed in Bitcoin’s potential were deluded and living in the past. Peter Schiff Warns Bitcoin HODLers Peter Schiff warned Bitcoin HODLers by saying that Bitcoin’s candle would soon blow out, which seems to be suggesting that Bitcoin will lose its appeal in the coming days. According to Schiff, Bitcoin investors who fail to come to terms with this change will eventually end up losing everything. The Bitcoin critic also endorsed gold as the ‘future’ and defended its rather static market value by saying that what has happened in the last ten years is irrelevant. Schiff’s Love for Gold Isn’t New.. Incidentally, this isn’t the first time Peter Schiff has shown his appreciation for gold. In a tweet made about a week ago, Schiff had drawn the attention of investors towards the bull market in gold. The American stockbroker had said in the tweet that gold had steadily risen to less than 2% of its highs in November last year. However, he had accepted that despite gold doing reasonably well, it needed to rise more than 10% to return to its November highs as the investors were solely focused on the bearish market rally in Bitcoin. Thus, they failed to see any considerable growth in gold prices and the asset...