This Guy Bought Bitcoin Every Time Peter Schiff Tweeted Against It – Here’s How Much He Made

This Guy Bought Bitcoin Every Time Peter Schiff Tweeted Against It – Here’s How Much He Made
фото показано с : zycrypto.com

2021-3-4 19:20

Crypto opponents have long become common and expected “noises” thundering in the darkness. In fact, most of these crypto and Bitcoin bashers only do so to shore up their own investments in other assets. One of them is Peter Schiff who happens to be a big stakeholder in propping Gold.

With Bitcoin currently posing a serious threat to Gold as the de facto choice for the store of wealth, it’s clearly understandable that Peter would want to make it as unappealing as possible for his Twitter followers to buy Bitcoin while making Gold look great.

However, it appears that some of his followers might as well be using his own anti-BTC sentiments to profit from the trade. Apparently, someone noticed this trend and came up with a Bitcoin trading algorithm that bought some BTC every time the gold bug tweeted. The man, named Sam Baker, shared his results in a recent Twitter post.

1000% In Returns

It turns out that Peter Schiff’s Twitter posts have actually worked in memento, despite his endless anti-bitcoin jabs. After every purchase made right after Peter’s tweets, Sam’s algorithm would wait for 72 hours before initiating a sale transaction.

According to the tweet by Sam, this setup has been running since May 2020, with around 203 trades completed. Interestingly, 65% of these trades have been profitable with a 3% margin. Up to now, the algorithm has achieved an estimated 1,000% ROI (Return On Investment). Basically, Peter Schiff’s anti-Bitcoin tweets have been used by this guy to earn profits from the same Bitcoin.

BTCUSD Chart By TradingView Peter Thinks It’s A Good Strategy

Even more interesting is the fact that Peter had to notice Sam’s brilliant trading strategy. He replied to the tweet, referring to the strategy as “good a reason as any to buy Bitcoin.” Peter doesn’t like admitting defeat, though. His comment doesn’t seem to do that exactly.

I guess that's as good a reason as any to buy #Bitcoin. Good luck.

— Peter Schiff (@PeterSchiff) March 3, 2021

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto bitcoin these bashers only fact guy

crypto bitcoin → Результатов: 126


Bitcoin Price Breaks $60K – Why Is The Crypto Market Up Today?

This is turning out to be a great week for crypto. Bitcoin price just broke past the $60K level for the first time this month. In fact, remember how everybody was saying September is historically bad for crypto? We’re almost halfway through the month, and this is, for now, a “green” month since the BTC […] The post Bitcoin Price Breaks $60K – Why Is The Crypto Market Up Today? appeared first on CaptainAltcoin.

2024-9-14 00:52


Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.   Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when ETH/BTC would hit its lowest value in the current market cycle.

2024-5-1 00:00


Samourai Wallet founders’ arrests are ‘a wake up call for crypto’ — Bitcoin pioneer Amir Taaki opines

Bitcoin pioneer Amir Taaki responded to US charges against privacy wallet Samourai & its developers, stating the action reveals that the state targets crypto innovators. The post Samourai Wallet founders’ arrests are ‘a wake up call for crypto’ — Bitcoin pioneer Amir Taaki opines appeared first on Crypto Briefing.

2024-4-29 20:08