- Crypto-critic Peter Schiff said gold is only up $10, trading at an 8-month high.
- Schiff hinted that hodlers must drop Bitcoin even if its trading above $18K.
- Bitcoin is up 4.5 % to about $18,182.41.
Economist and popular crypto cynic, Peter Schiff has once again missed no opportunity to criticize Bitcoin as he suggests holders to sell Bitcoin. The gold enthusiast instead pointed out gold trading at an 8-month high.
At a time, when Bitcoiners can see a ray of hope with its 9-day-long winning dart, Schiff took a dig and tweeted:
Bitcoin is trading above $18K, its highest level in 3 weeks, an excellent opportunity for HOLDers to sell ahead of the release of the Dec. CPI. Gold is only up $10, trading at an 8-month high. While Bitcoin has already broken down, gold has broken out. Time to drop Bitcoin.”(sic)
His apprehensive tweet prompted scornful responses from several crypto enthusiasts.
Source: https://coinedition.com/economist-crypto-critic-peter-schiff-ask-hodlers-to-sell-bitcoin/