Act I Scene II: You may have to get used to the new number that Peter Schiff has concocted on Twitter. Some go from evangelist to hate, Schiff goes the other way, but he may have found a way to profit from Bitcoin (BTC), without publicly confessing his love to Bitcoin.
A patricidal poll
Peter Schiff revealed on Twitter that her 18-year-old son had once again purchased just over Bitcoin and this, although the entire cryptosphere knows the father’s unconditional hatred for the oldest crypto.
Schiff then asked tweeters which advice they would prefer to follow: that of an 18-year-old college student who had never worked or that of a man with over 30 years of experience in financial investing?
Source : Image via Twitter
81% of respondents voted in favor of his son, a support that the young Schiff his father remarked.
The CEO of Quantum Labs, Usman Majeed, told Schiff that his son would be a billionaire at 57 if he continued to buy Bitcoins.
When one wins, the other loses and vice versa
Other tweeters point out that the investment of the father and son in 2 different assets could be a great long term strategy.
The co-founder of Morgan Creek Digital, Anthony Pompliano, said the 2 assets can act as a cover; Pompliano indicated that this is a smart way to go long on 2.
Schiff So there is no need to publicly deny her golden baby – Does he love her more than his own son? – while enjoying Bitcoin.
A Reddit user said that Schiff ensured a victory in both cases: if Bitcoin fails, he can blame his son for not following his wise advice, and if he does, he can still take pride in junior prowess.
Schiff had suggested a few weeks before that twittos offer Bitcoins as a birthday present to her son.
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.
Fault confessed, half forgiven and, we are not resentful; go tell that to Schiff who would rather make up a whole story instead of buying BTC and admitting he was wrong – only fools do not change their minds and to err is human. Advice for investors: when in doubt,
abstain use your son or daughter and, if he or she gets it wrong, you can still do brilliantly with a “he or she would have done better to listen to me”. And you ? What is your heart swinging towards? Rather Bitcoin, Or, or both?
Litecoin, welcome in the Silver Age