Bitcoin

when

Time

In a recent interview, famous Bitcoin critic Peter Schiff admitted that he regretted not buying Bitcoin when he first learned about it. 
Schiff, an ardent critic of BTC, announced in 2010 that he considered investing in Bitcoin but ultimately declined. 
Schiff recalled a time when a colleague introduced him to Bitcoin and suggested he buy some. According to the analyst, the price of Bitcoin at that time was under one dollar. “I remember thinking about it. Yeah, I mean, I could throw $10,000 into it, or $50,000. I don't know. I thought about it and didn't do it,” Schiff said. 
Schiff admitted that he did not see the potential for Bitcoin to become, in his words, a financial bubble like it is today. “Yeah, I thought maybe it could go up, but I didn't want to deal with it,” he added. 
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-claims-from-bloomberg-analyst-eric-balchunas-these-two-events-will-bring-a-big-explosion/" target="_blank" rel="dofollow">Bitcoin Claims from Bloomberg Analyst Eric Balchunas: "These Two Events Will Bring a Big Explosion"</a> 
Schiff now says he wishes he had made the decision to invest. “Do I wish I had made the decision to throw in $10,000, $50,000, $100,000? Of course. Yes. I mean, assuming I didn't sell it, it would be worth hundreds of millions of dollars,” he said. 
Despite his regret, Schiff maintains that he would not have supported Bitcoin even if he had purchased it. “I couldn't tell other people to buy it. I would have to keep quiet about it because I never believed it,” he explained. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-enemy-peter-schiff-switched-sides-he-shared-btc-investment-regrets-at-that-time-btc-was-under-1/">Bitcoin Enemy Peter Schiff Switched Sides? He Shared BTC Investment Regrets: “At That Time BTC Was Under $ 1”</a>

Bitcoin Enemy Peter Schiff Switched Sides? He Shared BTC Investment Regrets: “At That Time BTC Was Under $ 1”

Bitcoin Sistemi EN

Other articles published on Mar 13, 2024

Shiba Inu (SHIB) Slips From Top 10, Yet Optimism Remains

Memeinator Raise Passes $6.5M as Presale Nears Final Stage (13 Mar)

Tether Collaborates with US Authorities to Recover $1.4M in Stolen Funds from Cryptocurrency Scam

Bitcoin’s Positive Outlook: Aiming for $83,000 Milestone

XRP Price Surge Predicted by Crypto Analysts

Visa, Mastercard could be key drivers for crypto in the year ahead

Join our free newsletter for daily crypto updates!