Now that #Bitcoin has collapsed below $20K and #Ethereum below $1K, at least one person on @CNBC should apologize to their viewers for all the one-sided coverage and bad investment advice. As Bitcoin plunged 73% and Ethereum 83%, CNBC pumped #crypto non-stop the entire way down.
— Peter Schiff (@PeterSchiff) June 18, 2022
No, everyone who bought #Bitcoin and did not sell will lose money. However, I did tell people early on that if the wanted to gamble they could buy, but they needed to make sure and sell in time. I never advised people to buy, as I only give investment advice, not gambling advice.
— Peter Schiff (@PeterSchiff) June 18, 2022