With this app you should buy Bitcoin when Peter Schiff tweets

  • Bitcoin critic Peter Schiff often tweets when BTC offers a good buying opportunity.
  • The Amber app enabled a new feature that allows users to surf the ship wave.

Bitcoin investment platform Amber has introduced a new feature to automatically buy BTC on behalf of a user when Peter Schiff, a famous gold bug and bitcoin critic, tweets about the peer-to-peer currency.

The feature is exclusive to the platform’s paid subscription, Amber Black. Users deposit funds into their Amber Black wallet, choose how many Satoshis to buy every time Schiff tweets about Bitcoin, and enjoy their new Comic Dollar Cost Averaging (DCA) strategy.

Source: Amber.

Peter Schiff is known for his harsh criticism and open skepticism about Bitcoin. The gold bug often says on Twitter that they don’t believe the P2P money has any value and that it will eventually crash to zero. However, his bravest tweets often come when the price of Bitcoin is falling, often providing unique buy signals.

When Bitcoin experienced a flash crash in March 2020 when news of a new pandemic spread fear around the world, Schiff indirectly cited the exact low point on Twitter.

“With #Bitcoin crashing below $ 4,000, I don’t feel too bad about losing all of my bitcoin. With the speed at which my lost bitcoins are about to depreciate, the difference between owning bitcoin and not having bitcoin will be too small to matter, ”the gold bug tweeted on March 12, 2020.

Schiff had never been a fan of Bitcoin, but he got pissed off after allegedly losing access to his Bitcoin wallet in January last year. Despite his clear negative stance on the asset, his son Spencer Schiff is a self-proclaimed “former gold bug, now a bitcoiner,” according to his Twitter profile.


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