🚨Peter Schiff points to the Achilles heel of HODL: when certainty turns into risk 😱. The economist criticizes the belief that Bitcoin is invulnerable and that extraordinary gains are guaranteed 💸.
- *Critique of the HODL narrative*: Schiff questions the transformation of HODL into an unquestionable dogma, warning that risk is not eliminated but rather concentrated 💔.
- *Extreme consensus*: The economist highlights that when a belief becomes dominant, markets tend to contradict expectations 📉.
- *Faith and market*: Schiff sees the perpetual HODL discourse as a modern form of financial faith, which can work for long periods but becomes dangerous when it eliminates the possibility of being wrong 🤔.
- *Warning*: Schiff's message is an uncomfortable warning: when the majority believes that the outcome is guaranteed, the market frequently reminds us that uncertainty never disappears, it just changes form 💡.
#Bitcoin #HODL #Risco #Mercado
🔥 Peter Schiff criticizes the HODL narrative
💡 Certainty turns into risk
👥 Extreme consensus is dangerous
📈 Uncertainty never disappears
