Economist and gold advocate Peter Schiff has advised investors to sell Bitcoin, citing the cryptocurrency's recent 50% price decline as a critical juncture for risk management. Schiff, known for his skepticism towards digital assets, argues that Bitcoin lacks intrinsic value compared to traditional stores of value like gold. He criticizes the mainstream financial media for portraying the price drop as a buying opportunity, suggesting instead that investors should liquidate their positions to avoid further losses. Schiff's stance is rooted in his belief that Bitcoin's volatility and speculative nature make it a risky investment, especially in the current macroeconomic environment. He highlights the stability and historical reliability of gold as a store of value, contrasting it with Bitcoin's relatively short history and ongoing regulatory uncertainties. Schiff's comments challenge the prevailing "buy the dip" mentality, urging investors to reconsider their exposure to digital assets during market downturns.