{"id":36358,"date":"2025-07-11T09:46:45","date_gmt":"2025-07-11T09:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36358"},"modified":"2025-07-11T09:46:45","modified_gmt":"2025-07-11T09:46:45","slug":"peter-schiff-urges-bitcoin-holders-to-sell-and-buy-silver","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36358","title":{"rendered":"Peter Schiff Urges Bitcoin Holders to Sell and Buy Silver"},"content":{"rendered":"
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Bitcoin critic Peter Schiff is once again sounding the alarm, telling investors to sell Bitcoin (BTC) and purchase silver.<\/p>\n

These comments come as the flagship cryptocurrency surged past $118,000, achieving a new all-time high.<\/p>\n

Schiff\u2019s Comments<\/h2>\n

In a July 10 post<\/a> on X, Schiff urged BTC holders to cash in their stash and turn to silver before the metal\u2019s next upward price movement.<\/p>\n

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\u201cWith Bitcoin hitting new highs today (in dollars), it\u2019s a great time to sell some and buy silver ahead of silver\u2019s next big leg up,\u201d he said.<\/p>\n<\/blockquote>\n

The leading crypto asset by market cap saw its price hit<\/a> $118,254, marking yet another record high in 2025. Following this, the economist explained that BTC can easily crash while silver offers a more stable and undervalued alternative. He further compared the two assets, stating that silver was trading back above $37 and up almost 2% on the day, while BTC\u2019s new high is speculative and overextended.<\/p>\n

The precious metals proponent emphasized<\/a> that silver mining stocks remain underpriced despite the upward movement, suggesting the market hasn\u2019t yet factored in their momentum. According to him, once silver breaks past the $40 level, it could accelerate quickly toward $50. He also thinks that mining stocks would catch up once this happens.<\/p>\n

Despite his warnings, BTC is still ahead of silver in terms of market value. It currently ranks sixth among global assets with a market cap of $2.20 trillion, just ahead of Google, with silver coming in at $2.007 trillion.<\/p>\n

The digital asset\u2019s price has also continued to rally, driven by strong ETF inflows, growing corporate adoption by crypto-focused treasury firms, and an increasingly supportive regulatory environment.<\/p>\n

Crypto Community Remains Unconvinced<\/h2>\n

Crypto supporters were quick to respond to Schiff\u2019s latest commentary, with most not buying what he was selling. Their responses to his X post ranged from people asserting they would not dispose of their BTC for silver to others referencing the apparent folly of his previous remarks.<\/p>\n

One X user highlighted<\/a> how the gold bug\u2019s sentiment had gone from \u201cBitcoin will never hit 100k\u201d to \u201ceven if Bitcoin keeps rising for a while\u2026\u201d Others pointed out the flaw in his logic, claiming that the cryptocurrency had clearly outperformed the metal.<\/p>\n

It\u2019s not the first time Schiff has fired broadsides at Bitcoin. In the past, he has advised<\/a> traders to sell all of their BTC in favor of gold mining stocks, claiming that it is a risky asset. The financial commentator is an invested critic of the digital asset, often calling it speculative and without intrinsic value, while asserting that it will collapse someday if a major economic crisis hits<\/p>\n

The post Peter Schiff Urges Bitcoin Holders to Sell and Buy Silver<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin critic Peter Schiff is once again sounding the alarm, telling investors to sell Bitcoin (BTC) and purchase silver. These comments come as the flagship cryptocurrency surged past $118,000, achieving a new all-time high. Schiff\u2019s Comments In a July 10 post on X, Schiff urged BTC holders to cash in their stash and turn to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36358","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36358"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36358\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}