The seasoned trader who accurately predicted the Bitcoin crash in January 2018 admitted that he was too critical of those who support XRP.
Peter Brandt once called the crypto asset a scam, but now he has tweeted to his 484,000 followers that XRP traders have proven he was wrong.
Brandt’s statements are based on the expectation that XRP will soon reach new all-time highs. In April, he predicted that the remittance project token would grow by as much as 276%.
At the same time, he believes that in the long term, the cryptocurrency will undergo a serious correction, but the timing of this event has not yet been determined.
Someday, maybe not this month, this year, this decade, there will be a sobering correction in BTC and cryptocurrencies. Winnings / inheritance / savings will be lost. The losers will be: – Those who really do not understand cryptocurrencies and do not tolerate losses. -The ones that use leverage.
Someday — maybe not this month, this year, this decade — $ BTC & cryptos will have a “come to Jesus” correction.
Fortunes/inheritances/life savings will be lost
Losers will be:
-Those that really don’t understand cryptocurrencies & cannot stand the pain
-Those that are leveraged— Peter Brandt (@PeterLBrandt) May 2, 2021
Brandt also praised young traders who are investing their money in bitcoins (BTC), XRP and other crypto assets.
I need to express my greatest respect and awe to the representatives of generations Y and Z who are great about investing, trading and cryptocurrency. I welcome you to the trading world and learn a lot from you. I hope BTC, XRP and others will go to the moon and beyond.
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