Crypto-Follow logo Crypto-Follow logo
NewsBTC 2022-03-11 19:10:29

Buying Bitcoin Might Be Good Call For The Young, Legendary Trader Peter Brandt Says

Bitcoin was rejected north of $40,000 after a short live rally push it into previous highs. Persistent selling pressure and uncertainty around the global situation, and an incoming shift in central banks monetary policy, seems to be taking a toll on the crypto market. Related Reading | Bitcoin Falls Below $40,000 Trimming The Gains From US Crypto Order As of press time, Bitcoin trades at $38,790 with a 1.2% loss in the last 24-hours. Via Twitter, legendary trader Peter Brandt gave “Gen Z” life advice and talked about the importance of making monthly savings in Bitcoin, stocks, and solid companies. As the world enters a period of potentially further uncertainty, Brandt’s message to younger generations was just to simply “HOLD”. With decades of experience trading the legacy financial system, Brandt also advice “Gen Zers” to think about the market as a “hobby”. In that sense, he advised them to “secure a good job”, to be “frugal”, to get a degree on an area which can provide jobs opportunities, and to stay active in the market while hoping for lower prices in solid assets. As he advised younger generations to avoid student debt, the Legendary trader said: Getting a university degree is HUGELY over-rated. Entering a skilled trade is a very legitimate career path. Have a friend whose child just signed a $200k bonus as high-tolerance computerized lathe engineer. Current market conditions could turn unfavorable for new Bitcoin o...

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer