"It's Better to Sell Bitcoin Now and Rebuy Lower" Twitted by Peter Schiff

[goldkingcoiner]

Peter Schiff is an anticoiner who does not respect nor understand Bitcoin. I would not take any kind of advice from him as he has been generally wrong throughout the lifetime of Bitcoin.

What Peter Schiff is, is a a stockbroker and a loudmouth. Why his name is in any way associated with crypto investments is very strange to me. If you ignored his advice back when Bitcoin was mere dollars the coin, you would be rich today.

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[so98nn]

Dude what the hell? Sell now, come on man what about the losses that we have at our disbursement when crypto fell more than 70% or for someone it’s more than that depending on at what price they bought it. I’m laughing at the statement of this guy, and true crypto neither will never ever do stupid stuff like this.

Crypto is like this only. It will always test your patience and these days it’s getting even worst. So I’m sure we just have to stick to the current plan: HOLD.

[passwordnow]

It's a tale of two men.
Schiff as the anti bitcoin.
Novogratz as the one who's always bullish for bitcoin.
These statements are no longer new when we always see the plunge on the market. The anti bitcoin will come out and give more negative statements to discourage everyone. While for the bullish ones and firm in the long term, we'll hear them say encouraging words.

[Dunamisx]

After Bitcoin plunged below $21,000, prominent crypto hater and investor in gold Peter Schiff shared a chart which, to him, shows that the flagship digital currency is likely to test $5,000.

I want to believe that's an assumption speculation, $5000 is the once upon a time fall bitcoin had when it was around $20000 as it then fall drastically to the range as low as the $5000, after the recent halving, bitcoin price jump up to the ATH of $68k and the least we can predict to fall is as low as $20k which is what is currently going on, I can't admit the fall prediction by Peter Schiff this time around as many suggestions keeps popping in as regards the dip but one thing remains constant, bitcoin is not altcoin.

[Kasabus]

After Bitcoin plunged below $21,000, prominent crypto hater and investor in gold Peter Schiff shared a chart which, to him, shows that the flagship digital currency is likely to test $5,000.

In the meantime, chief of Galaxy Digital Mike Novogratz believes $20,000 may be the bottom for Bitcoin, although he added that it may certainly go lower.

"Hard to imagine BTC not testing the lower line"
CEO of Euro Pacific Capital and founder of SchiffGold, prominent wealth manager and economist Peter Schiff has taken another jab at Bitcoin, seeing it plummeting from the $30,000 level.

Earlier this year, he has several times shared his expectations of Bitcoin falling substantially below the $30,000 level. If it happens, he tweeted at the start of the year, then BTC is likely to go all the way down to $10,000.

More details:
https://u.today/its-better-to-sell-bitcoin-now-and-rebuy-lower-peter-schiff

I am open that bitcoin will always have bigger chances to drop lower than it’s current price but selling at its present price will never guarantee profits. There’s no reason to sell if the price is lower compared to the price when you bought it. But buying at this moment will always be recommendable based from the experiences of the early adopters here. So if you want to stay away from losses, learn to avoid people like Peter as they don’t have good things to say about bitcoin.

[Vaculin]

After Bitcoin plunged below $21,000, prominent crypto hater and investor in gold Peter Schiff shared a chart which, to him, shows that the flagship digital currency is likely to test $5,000.

In the meantime, chief of Galaxy Digital Mike Novogratz believes $20,000 may be the bottom for Bitcoin, although he added that it may certainly go lower.

"Hard to imagine BTC not testing the lower line"
CEO of Euro Pacific Capital and founder of SchiffGold, prominent wealth manager and economist Peter Schiff has taken another jab at Bitcoin, seeing it plummeting from the $30,000 level.

Earlier this year, he has several times shared his expectations of Bitcoin falling substantially below the $30,000 level. If it happens, he tweeted at the start of the year, then BTC is likely to go all the way down to $10,000.

More details:
https://u.today/its-better-to-sell-bitcoin-now-and-rebuy-lower-peter-schiff

That’s a very absurd idea as you would still want to sell despite of a huge market crash. It’s like you are selling for a loss, and not to create more profits. Though it’s good to buy considering the market offers cheap potential coins, but selling bitcoin at the same time is never a good idea. Now is the time to buy as it could attract visible profits in the future, selling will likely be more profitable if bitcoin price is skyrocketing.

[Leviathan.007]

Doesn't matter how famous is Peter Schiff or how many followers he got and doesn't matter if bitcoin falls below the key support levels. They usually tweet such things to make people sell their coins and make everyone panic about falling the price and how people lose their coins and lose their money. That's pretty much simple if you have one bitcoin you have one bitcoin even if the price falls below 10K you still own one bitcoin and nothing gonna change it unless you decide to sell your bitcoin at a lower price and then you will have to buy back the bitcoin in a higher price, that how people lose their money, so I do not agree with Peter Schiff even if the price falls to lower prices than this.