You can't teach an old dog new tricks...
Peter Schiff is back at it again, subtly bashing bitcoin any way he can.
This time it is with a poll...
Apparently against his professional investing advice, his own son has decided to buy more bitcoin on this recent dip down to $10k.
And now Schiff wants to know what the community thinks, should they listen to the guy with professional investing experience of the guy with no investing experience at all?
Check it out:
(Source:
)https://twitter.com/PeterSchiff/status/1303009420713111553
- PeterSchiff
This is interesting because I think it falls in line with the well known phrase, "you can't teach an old dog new tricks".
Which basically means that once a dog (or person) gets old enough they basically get set in their ways and no amount of trying will convince them to change their mind or learn something new.
Normally it would be wise to go with the season pro in this instance, however, I think in this instance the seasoned pro has refused to see what is right in front of him.
Which is pretty much what some of the comments to this poll are saying as well:
(Source:
)https://twitter.com/PeterSchiff/status/1303009420713111553
- PeterSchiff
Clearly bitcoin has been a great investment for the majority of its life time.
As of now there is no reason to believe that will change going forward.
The bull thesis behind bitcoin has never been better than it is right now with all the money printing going on globally.
Due to these reasons, I would go with The Kid.
What about you, would you go with The Kid or the Experienced Pro?
Stay informed my friends.
-Doc