Trading Legend Peter Brandt Prefers Bitcoin Over Altcoins Calling Them Pretenders

Cover image via www.realvision.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

In the course of a recent discussion on Twitter, the old-school trading expert Peter Brandt got a question about a possible potential of Chainlink (LINK).


The trading legend replied that he does not bother speculating in ‘shitcoins’, saying that Bitcoin is the only digital asset worth discussing.


Peter Brandt prefers Bitcoin over altcoins


After posting a video with a Bitcoin price forecast, Brandt got a question from one of his readers about LINK. The reply the trader provided surprised and shocked people in the comment thread.


A Twitter user believes that Brandt is supporting only Bitcoin since he provides his content for the mainstream audience, hence the praise of the flagship crypto BTC and neglecting altcoins.


This is not the first time Mr Brandt has expressed a negative opinion about altcoins. Earlier, U.Today reported that the expert called them ‘cheap pretenders’. However, previously, he did make predictions on XRP and ETH prices.


ETH Price Likely to Hit $423 at 61.8 Fib in Summer 2020: Crypto Trader


Bitcoin to hit $100,000 as per Brandt


On Sunday, December 8, U.Today…

Source Link