Bitcoin Critics Urge To Sell Bitcoin
Peter Schiff & Jim Cramer suggested people sell Bitcoin, as the price surged significantly in the last few weeks.
At the time of writing this article, the price of Bitcoin is $22,600 & this price is up by 34% over the last 30 days of trade price.
Sadly the price of Bitcoin is 67% down from its all-time high, which is $69k per BTC.
It has been found that since January 2023 many people have accumulated Bitcoin in big amounts. And also holding of 0.01BTC per wallet reached all-time- high.
Recently CNBC host Jim Cramer suggested people get out of the crypto assets investment. Popular Bitcoin critic Peter Schiff said that Cramer is right and people should get out of this industry.
These things are showing that Bitcoin critics are ready to dump the Crypto market at any cost but surely they will fail because people don’t invest their funds on behalf of critics’ opinions.
Around a week ago, a popular financial advisor & author of “Rich Dad Poor Dad” talked about Bitcoin & other top best assets and said that the price of these assets is surging because economic inflation is going to remain permanent.
Kiyosaki supported Bitcoin many times and also suggested people invest money in Bitcoin alongside Gold, silver, and real estate properties.
In Dec 2022, Kiyosaki noted that Bitcoin is the best Crypto asset to invest money in because it is free from any kind of the United States Securities and Exchange Commission’ legal threat.