A big boss from Goldman Sachs, a very important company, said that Bitcoin is not a good thing to invest in. He thinks it's too risky and people should be careful with their money. Some other smart people agree with him. But some people still want to buy Bitcoin because they think it can make them more money, even though it goes up and down a lot. Read from source...

1. The title is misleading and clickbaity, as it implies that Goldman Sachs' investment chief thinks Bitcoin is not an investment, while the quote actually says he thinks ETF does not make Bitcoin an investment. This creates a false dichotomy between Bitcoin and ETF, as if they are mutually exclusive or independent entities, when in fact ETF is just one way to invest in Bitcoin.
2. The article uses quotes from two people who have clear anti-Bitcoin stances: Sharmin Mossavar-Rahmani, who works for Goldman Sachs and has advised clients to stay away from cryptocurrencies, and Peter Schiff, a noted economist who is known for his Bitcoin skepticism. These quotes are used to support the narrative that Bitcoin is not an investment, but they do not represent the views of most investors, analysts, or experts in the field.
3. The article does not provide any evidence or data to back up the claims that Bitcoin has no value or that it is highly volatile. It relies on anecdotal examples of price fluctuations and market reactions, which are not sufficient to make generalizations about the nature and performance of Bitcoin as an asset class. The article also does not acknowledge the potential benefits or advantages of investing in cryptocurrencies, such as diversification, decentralization, security, or innovation.
4. The article implies that Goldman Sachs did not apply for the Bitcoin ETF because of its negative views on Bitcoin, but it does not mention any other factors that may have influenced this decision, such as regulatory hurdles, competitive pressures, strategic priorities, or internal disagreements. It also does not compare Goldman Sachs' stance to other investment banks or financial institutions that have expressed interest or support for the Bitcoin ETF.
5. The article ends with a reference to another story that is unrelated to the topic of the article, which suggests a lack of coherence and focus. It also uses an outdated date (2024) instead of the current year (2021), which shows poor editing and fact-checking.