Veteran Trader Advises ‘Gen Zs’ To Set Aside Savings On Bitcoin And Hold

It’s time for the new and younger generation to invest in Bitcoin. At least, this is what veteran trader and popular commentator Peter Brandt recommends. Brandt suggests members of the “Gen Z” should get a degree in an area where they may quickly find a well-paying job while avoiding student debt, if possible. He referenced the largest cryptocurrency by market capitalization, Bitcoin, in his discussion on investment. Related Article | Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History Brandt believes that they should invest majority of their savings in the world’s most sought-after crypto asset and strong company equities. Brandt stated that even if Bitcoin is still “generally” untrusted and unproven by a huge number of people as well as local governments as of present, it can implicate various trends which can lengthen invested value on a specific cryptocurrency. Crypto As A Smart Investment Brandt, the founder and chief executive officer of Factor LLC, has been trading commodities for over 40 years and has been a well-known analyst and investor since then. His claim to fame was correctly forecasting Bitcoin’s sharp price drop in 2018. He has taken to Twitter to provide financial advice to Millennials and Generation Z. He singled out Bitcoin as a good cryptocurrency investment in terms of current market viability. Total crypto market cap at $1.711 trillion on the daily chart |...