Savvy Trader Peter Brandt Tu'uina atu Fautuaga Bullish Bitcoin-E feso'ota'i i Gen Zers, O le mea lea na ia fai mai ai

Mataupu

• “Contribute most savings to BTC”
• “Crypto is still unproven”

Old-school commodity trader Peter L. Brandt, who has been in the business since the 70s—for roughly 50 years—has taken to Twitter to share some investment pieces of advice with people from Generation Z.

In particular, he mentioned Bitcoin and ADA.

“Contribute most savings to BTC”

In one of his recent tweets, Peter Brandt shared several recommendations to Gen Z college students regarding how to build their careers and manage their savings/earnings.

In particular, Brandt advises them to pick a degree in a field where one can easily secure a well-paying job and avoid student debt, if that is possible.

He also touched on the topic of investment, and this is where he mentioned the biggest cryptocurrency by market capitalization, Bitcoin. Brandt believes that Gen Zers should allocate most of their savings into BTC, as well as to stocks of solid companies and then just hodl them.

Keep buying and hope for cheap prices, he added in the tweet.

O la'u fautuaga ia Gen Zers o le
-Maua se tikeri i se matata ma galuega
- Aloese mai aitalafu a tamaiti aoga pe a mafai
-Secure galuega lelei, mafaufau e uiga i mkts o se mea e fiafia i ai
-Fa'atau se fale/fa'aipoipo/fa'atauva'a
-Saofa'i mo. teutupe i $ BTC & stks o kamupani mautu - & HOLD
- Faʻatau pea / faʻamoemoe mo tau taugofie

- Peter Brandt (@PeterLBrandt) Mati 10, 2022

A Twitter user asked Brandt how long he has been bullish on Bitcoin, and the seasoned trader answered that he has been bullish on BTC for years. However, he tries to be honest and share not only bullish signals when charts reveal them.

Curiously, in early March this year, Brandt tweeted that he was against “hodling” Bitcoin. He wrote that the asset has had four declines of roughly 80%, and hodlers had to wait for a 400% recovery to reach the previous all-time high.

“Crypto is still unproven”

In the thread, the trader received numerous questions from commentators. Answering one of them, Brandt wrote that aside from Bitcoin, he believes in stocks more than in cryptocurrencies, saying that “crypto is still unproven” and that he prefers quality stocks over it.

Na ia fautuaina avoiding the majority of altcoins, as well as NFTs (“jpgs”).

Ou te fiafia tele foi ile mautotogi fanua maua. I le va o oloa lelei ma le crypto Ou te fiafia i oloa lelei. Crypto e leʻi faʻamaonia IMO. Aloese mai 8hitcoins ma jpgs. Fa'amoemoe mo se maketi urosa ina ia mafai ona fa'atau taugofie.

In particular, he slammed the native Cardano crypto token, ADA.