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.
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.
I see no reason to speculate in the $8hitcoins. There is $BTC, then there are the pretenders.
— Peter Brandt (@PeterLBrandt) December 8, 2019
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.
The service he’s providing is for mass consumption, and as long as he’s wearing his trading hat…..
— dave the wave (@davthewave) December 9, 2019
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.
Bitcoin to hit $100,000 as per Brandt
On Sunday, December 8, U.Today…