</span>Peter Schiff invested 100% of his portfolio in Bitcoin” /></p>
Peter Schiff called his son "washed out" after he invested 100% of his portfolio in bitcoin.
The son of renowned cryptocurrency critic Spencer Schiff decided to invest his entire portfolio in Bitcoin. Peter Schiff tweeted:
My son went all-in for Bitcoin when the price dropped below $ 50k. 100% of his portfolio is now in Bitcoin. If my son is that brainwashed, imagine how vulnerable the other kids are.
The cryptocurrency community reacted positively to the news, welcoming Spencer to the ranks of bitcoin holders. Morgan Creek Digital founder Anthony Pompiliano wrote:
At least someone in your family will make money this year.
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Based on materialscointelegraph.com