by Jamie Redman
Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know him best, know he’s been “bullish for years.”
Peter Brandt has a lot to say on Twitter and he’s not shy about sharing his opinion. Oftentimes, the veteran trader speaks about bitcoin (BTC), giving his perspective about crypto markets and bitcoin’s price corrections.
On Thursday, Brandt had some advice for Gen Zers concerning how they should position themselves in the current economy. “My [advice] to Gen Zers is – Get degree in a field with jobs – Avoid student debt as possible – Secure good job, think about [markets as a] hobby,” Brandt tweeted. The popular commentator further said to his 626,600 Twitter followers:
Buy a home/get married/be frugal -Contribute [monthly] savings to [bitcoin and stocks] of solid companies – & HOLD -Keep buying/hope for cheaper prices.
Brandt continued by adding that getting a “university degree is hugely over-rated.” He said that people entering a skilled trade would be choosing a “very legitimate career path.” Brandt added that he favored rental property and that he preferred “quality stocks” to crypto. “Crypto is still unproven IMO. Avoid 8hitcoins and jpgs. Hope for a bear market so that stocks can be bought cheaply,” Brandt said.
Following Brandt’s statements, one individual asked him: “Since when are you pro-Bitcoin, Peter?” Brandt responded by telling the Twitter user that he’s been optimistic about bitcoin for quite some time now.
“Those who know me best know I’ve been bullish for years,” Brandt replied. “But I try to be honest about charts and the Tweets that trolls remember is when I have commented on the charts when they are sending warning signals.”
What do you think about Peter Brandt’s advice to Gen Zers? Let us know in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks
On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, the newly launched collaborative effort involves 16 financial institutions such as the … read more.
South African Mobile Network Operator MTN Buys Land in the Metaverse
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN … read more.
Check all the news here

source