Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Veteran Trader Peter Brandt Reveals Best Bitcoin Strategy That Beats Day Trading

4h ago
bullish:

0

bearish:

0

Share
Peter Brandt Predicts Bitcoin Dominance Will Hit 66%—What’s Next for the Market

The post Veteran Trader Peter Brandt Reveals Best Bitcoin Strategy That Beats Day Trading appeared first on Coinpedia Fintech News

Legendary trader Peter Brandt is flipping the script on what most retail investors believe about Bitcoin and trading. In a recent post, he laid out a surprisingly simple and surprisingly honest plan for building wealth. Spoiler: it has very little to do with day trading.

This is his view: “Trading is the wrong path for 95% of ppl.”

Curious? Read on for more. 

Choose Skills Over Screens

Instead of chasing quick wins on a chart, Brandt says most people would be better off focusing on a real job. Whether it’s engineering, plumbing, or veterinary work, he believes steady income and a solid skillset beat market guessing any day.

He outlines a life plan that sounds more like your granddad’s wisdom than a crypto influencer’s thread:

  • Live within your means
  • Get married and have kids
  • Buy a duplex, live in one half, rent the other
  • Invest monthly: 80% in SPY (S&P 500), 20% in Bitcoin

The crypto community seemed to agree with him.

Bitcoin Still Has a Seat at the Table

This isn’t an anti-Bitcoin rant. In fact, Brandt clearly values Bitcoin – enough to give it 20% of his ideal portfolio. That’s more than gold, which he’s left out entirely.

The message here is balance. Bitcoin still plays a role in long-term wealth, just not as the centerpiece of some get-rich-quick trading strategy. Brandt’s point is simple: you don’t need to be a chart expert to build a future with crypto in it.

A Warning from the Charts

Brandt’s recent market view hasn’t been overly bullish either. A few weeks ago, he warned that Bitcoin might be showing the same pattern it did back in 2022, the one that led to a 75% crash.

He pointed to signs of “topping behavior” in BTC’s recent consolidation, which could push the price below $30,000 if the trend continues. That’s not a prediction to ignore, especially from someone who’s tracked markets for decades.

The Bigger Picture

Brandt is challenging the mindset behind today’s trading culture. He is pushing for something more sustainable: simple living, smart investing, and a long-term view that includes, but doesn’t rely entirely on, Bitcoin.

Brandt’s advice might just be the real long-term play worth following.

4h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.