Schiff admits that buying Bitcoin early could have yielded huge profits, but opposes HODLing for the long term.
Longtime Bitcoin critic and gold advocate Peter Schiff acknowledged on August 27 that someone who had invested about $10k to buy Bitcoin early and sold after a substantial price increase could indeed have earned significant returns. However, he emphasized that even if he had bought Bitcoin early, he would have sold to take profits during the rise rather than held it long term (HODL). Schiff criticized the long-term holding strategy, pointing out that paper profits that have not been realized thr
MarketWhisper·08-27 02:06









