๐ง ๐๐ข๐กโ๐ง ๐ง๐ฅ๐๐๐ ๐๐๐ง๐๐ข๐๐ก โ ๐๐จ๐ฆ๐ง ๐๐จ๐ฌ ๐๐ง, ๐ฆ๐๐ฌ๐ฆ ๐๐๐๐๐ก๐๐๐ฅ๐ฌ ๐ง๐ฅ๐๐๐๐ฅ ๐ฃ๐๐ง๐๐ฅ ๐๐ฅ๐๐ก๐๐ง
Peter Brandt, a trader with over 40 years of experience, just gave a powerful piece of advice:
๐ โMost people shouldnโt trade. Just buy Bitcoin and hold it.โ
In a recent X post, Brandt warned new investors not to waste time trying to beat the market with trading. Instead, he recommended a simple strategy:
Invest in broad market ETFs like SPY and QQQ.
Add Bitcoin as a long-term asset.
Stop chasing short-term profits.
๐ฅ Why? Because, according to Brandt:
โThe market will outsmart you โ unless youโre a professional.โ
โ ๏ธ But Waitโฆ Didnโt Brandt Say Bitcoin Could Crash?
Yes, and thatโs the interesting part.
๐ Brandt also shared a technical chart recently where he warned:
Bitcoinโs recent price action (around $104K) resembles the 2021 pattern, just before the big crash.
If history repeats, Bitcoin could fall up to 75%, possibly down to $30,000.
Thatโs scary โ but heโs not saying to sell or avoid Bitcoin.
Instead, heโs making a deeper point:
๐ง "Stop trying to trade every dip or pump. Time in the market is better than timing the market."
๐ช His View on Bitcoin: Long-Term > Short-Term
Even if the price drops, Brandt believes in holding BTC over the long run โ not day-trading it.
โ He compares Bitcoin to gold or wheat:
Just like how production cost doesnโt decide goldโs price, Bitcoinโs price is about demand โ not mining cost.
๐ก Takeaway for Crypto Traders:
If youโre not a seasoned trader, Brandtโs message is loud and clear:
โ Donโt overtrade
โ Build long-term positions
๐ข Buy Bitcoin and strong ETFs
๐ Avoid emotional, high-risk moves
In a market full of hype and fast money, staying simple might be your best edge.
