Peter Schiff calls for: Sell Ethereum (ETH), Buy Bitcoin (BTC)! What’s the Reason?

Updated

July 23, 2025

Gambar Peter Schiff calls for: Sell Ethereum (ETH), Buy Bitcoin (BTC)! What’s the Reason?

Jakarta, Pintu News – Peter Schiff, a renowned market analyst and longtime critic of digital assets, recently made a controversial statement that immediately caught the attention of global crypto market participants. Schiff publicly advised investors to sell their Ethereum and use the proceeds to buy Bitcoin . This statement sparked a heated debate about the prospects of the world’s two largest cryptocurrencies, especially amidst a volatile market sentiment.

Why Peter Schiff Chooses Bitcoin (BTC) over Ethereum (ETH)

In a recent post on social media, Peter Schiff expressed his belief that Ethereum (ETH) is on a bearish trend when compared to Bitcoin (BTC). According to Schiff, ETH is only experiencing a temporary “bear-market rally” and is yet to show structural trend reversal signals.

Schiff thinks Bitcoin (BTC) has stronger fundamentals as a long-term store of value. He also said BTC is increasingly accepted as a digital hedge asset, while ETH is more susceptible to volatility and selling pressure. Schiff advised his followers to immediately move portfolios from ETH to BTC for safety and better price appreciation potential.

Also Read: 6 Top Crypto Movers 24 Hours July 23, 2025: Some skyrocketed, some heavily discounted!

Crypto Community Reaction and Pros and Cons in the Market

Schiff’s statement immediately sparked pros and cons among the crypto community. Some people agree with his views, given that Bitcoin (BTC) remains a major asset for many institutions and retail investors. BTC’s continued dominance is supported by the adoption of spot Bitcoin ETFs in various countries, making BTC’s position as “digital gold” even stronger.

However, many also think Ethereum (ETH) still has great prospects thanks to the highly developed ecosystem of DeFi, NFTs, and Web3 applications. ETH has been considered the foundation of a new generation of blockchain innovation, so some analysts remain optimistic that ETH will rebound and could again overtake BTC’s performance in the future.

Bitcoin (BTC) and Ethereum (ETH) Position in the Crypto Market Cycle

In terms of market trends, Bitcoin (BTC) does tend to lead at the beginning of every bullish cycle, while Ethereum (ETH) and other altcoins often follow after. However, in a correction or consolidation phase, ETH and altcoins are usually depressed faster than BTC. Schiff seems to utilize this classic cyclical pattern to provide strategic recommendations.

Some analysts also note that Bitcoin’s strength in maintaining its position as the number one crypto asset is due to its limited supply and the perception of global institutions. Meanwhile, Ethereum (ETH) continues to expand its utility, but also faces stiff competition from other blockchains such as Solana and Avalanche .

Crypto Investment Risks and Strategies

For those of you who want to follow Schiff’s advice, it’s important to understand the risks and strategies of portfolio diversification. Crypto markets are highly volatile and sentiment can change quickly, especially if there is macroeconomic sentiment or new regulations that affect the price of digital assets.

The wisest strategy is to do your own research, understand the potential and risks of each asset, and always manage your portfolio according to your investment goals and personal risk tolerance. Both Bitcoin (BTC) and Ethereum (ETH) still have opportunities in the evolving global crypto landscape.

Conclusion

Peter Schiff’s statement about “selling ETH and buying BTC” adds to the dynamic discussion in the crypto world. Although Bitcoin (BTC) is considered more stable and secure, Ethereum (ETH) still has great potential in terms of utility. The choice is yours as an investor, the most important thing is to prioritize research and a wise investment strategy.

Also Read: 5 Cryptos with the Highest Gains at the Market on July 23, 2025-Anything Over 24% in a Day!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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