Peter Brandt: “Protecting money is more important than making money in the cryptocurrency market.”

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▲ Peter Brandt/Source: Twitter ©Coin Leaders

Veteran trader Peter Brandt revealed an important strategy in the volatile cryptocurrency market.

Brandt, a famous American trader, said through X on the 13th (local time) that making money in trading is relatively easy, but protecting that money is the real challenge.

Through his long trading experience, he pointed out that the key to long-term success is not simply making profits, but preserving those profits.

Brandt said he had to take profits repeatedly as he experienced frequent drawdowns in which the value of assets fell significantly, and that this cycle of repeated profits and losses taught him the importance of preserving capital.

Brandt emphasized that once a profit has been made, the priority should be to avoid aggressive trading and protect the accumulated capital. The explanation is that this is not a strategy to avoid risk, but to manage it more carefully.

Meanwhile, according to Cointelegraph, Brandt said, "The current Bitcoin (BTC) movement is showing a similar trend to that after the past halving. If this trend is maintained, BTC could rise to at least $130,000 by the end of 2025." expected.

“A bullish cycle began to appear 16 months before the halving on May 11, 2020, and the bull market ended 18 months after the halving. The same pattern was observed during the first and second halvings. Reflecting this, the peak of this bull market cycle will be between August and September 2025.”

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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