Peter Schiff Says “I Could Have Made a Lot of Money With Bitcoin”
Peter Schiff says he could have made a lot of money with Bitcoin (BTC). But he insists Bitcoin HODLers left even more money on the table by refusing to sell.
Schiff made the comment while replying to his own post about artificial intelligence (AI) and Bitcoin. He argued that AI poses a bigger threat to Bitcoin than it does a boost.
Schiff Defends His Bitcoin Track Record
Schiff has skipped Bitcoin for roughly five years, he says, and does not regret it. He believes he has come out ahead of Bitcoin HODLers, those who buy and hold regardless of price swings, by staying out of the market.
Yes, I could have made a lot of money with Bitcoin. But that's old news. Over the last five years or so I've been better off not owning Bitcoin. It's the Bitcoin HODLers who have left a lot of money on the table by not selling!
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