• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

XRP Holders Labeled ‘Uneducated Perma Bulls’ By Veteran Trader

Moussa by Moussa
December 14, 2025
in Bitcoin
0
XRP Holders Labeled ‘Uneducated Perma Bulls’ By Veteran Trader
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Veteran market trader Peter Brandt has reignited debate around XRP after issuing sharp remarks about the token’s most loyal supporters. Drawing from a career that spans more than five decades, Brandt grouped XRP alongside silver when describing markets where bullish belief often holds firm despite repeated price swings and long periods of disappointment.

Related Reading

According to people familiar with his comments, Brandt grounded his criticism in personal trading history. He said he has handled thousands of contracts across commodities, equity benchmarks, and digital assets, and argued that the “perma bulls who I find most uneducated and biased are those who trumpet Silver and XRP,” pointing to what he sees as a pattern of investors staying bullish even when price action and broader conditions turn against them.

Brandt Highlights Decades Of Experience

Brandt’s tone was blunt and personal. He has a long record of public commentary, and his criticisms of XRP are part of a pattern that stretches back years. Earlier this month he called XRP supporters “obsessed” and compared their conviction to that of silver bulls.

For 50 years I have traded many thousands of contracts of every commodity, stock indexes and as many cryptos as you can think of
The perma bulls who I find most uneducated and biased are those who trumpet Silver and XRP

— Peter Brandt (@PeterLBrandt) December 12, 2025

At times he has made bearish forecasts — including predictions that XRP would slide toward zero against Bitcoin — while at other moments he identified bullish chart patterns and set higher targets that were later hit before the market reversed.

Community Pushback And Surprises

Responses came fast. Zach Rector, a known figure in the XRP space, pushed back on Brandt’s view. Reports disclosed that Bitcoin maximalist YoungHoon Kim said on December 12 that he would start buying XRP — a notable shift for someone who had favored Bitcoin exclusively.

XRPUSD currently trading at $1.99. Chart: TradingView

Kim has claimed an IQ of 276, a detail many readers flagged as unverifiable, but it was repeated in social posts and prompted discussion. X Finance Bull accepted Brandt’s trading record but suggested that charts alone may miss broader structural moves in crypto markets. Dr. Don Woods, a self-described silver bull, joked that triple-digit returns had left him unbothered by labels of bias or ignorance.

XRP: Price Context And Market Moves

According to market snapshots tied to the exchanges, XRP traded above $3 at one point before slipping toward the lower end of the $2 region. Volume and broader crypto swings played parts in that move.

Brandt’s critics point to that resilience as proof his calls are sometimes off. His supporters say his track record over five decades still deserves weight. Both views are in circulation, and both are being used to argue different investment cases.

10,000 XRP And The Freedom Argument

Meanwhile, Edoardo Farina, founder of Alpha Lions Academy, has kept a steady bullish stance. Based on his past posts, he argued that holding 10,000 XRP could put an investor in a special position if prices rise enough.

Related Reading

“It’s hard to understand how free you’ll be,” he wrote in one message that was later shared widely. That claim contains no timeline or clear price targets. It is a conviction play, not a forecast built from disclosed assumptions.

The differing views is part of a wider debate about bias, data, and belief in crypto. Some traders treat Brandt’s words as a warning against unchecked optimism. Others treat community pushback as evidence that XRP’s story is not settled and that broader factors — legal, regulatory, and adoption-related — could change the math.

Featured image from Unsplash, chart from TradingView





Source link

Related articles

South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

October 12, 2026
Congressman Keith Self Moves To Block US CBDC Via Defense Bill Amendment

Jeonbuk’s BTC USD Loan Terms Remain Unclear as Banks Test Collateral

October 12, 2026
Share76Tweet47

Related Posts

South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

by Moussa
October 12, 2026
0

Key TakeawaysEdaily and Maeil Business Newspaper detailed that Jeonbuk Bank has executed South Korea’s first reported traditional bank loan secured...

Congressman Keith Self Moves To Block US CBDC Via Defense Bill Amendment

Jeonbuk’s BTC USD Loan Terms Remain Unclear as Banks Test Collateral

by Moussa
October 12, 2026
0

Jeonbuk Bank has reportedly started offering Korean-won loans to corporate customers who pledge BTC USD for business operating funds, a...

State of TRON Q3 2026 Report Highlights $2.21 Trillion in Stablecoin Settlement Amid Network Activity Growth

State of TRON Q3 2026 Report Highlights $2.21 Trillion in Stablecoin Settlement Amid Network Activity Growth

by Moussa
October 12, 2026
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

Ledger Warns Buyers Not To Set Up Wallets From Reseller

Ledger Investigates Fund Losses

by Moussa
October 12, 2026
0

Ledger has said it is working with authorities after users last week reported losing funds and one received a tampered...

Ontology Halts L1 Blockchain for 41 Hours Over an Unknown Threat

Ontology Halts L1 Blockchain for 41 Hours Over an Unknown Threat

by Moussa
October 12, 2026
0

Key TakeawaysLayer one (L1) blockchain Ontology halted block production Oct. 10 and resumed operations Oct. 12 after a security warning.Ontology...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News