Peter Brandt says he’s not picking crypto right now, in terms of opportunity

Peter Brandt says he’s not picking crypto right now, in terms of opportunity


He felt his money would do better in a different type of investment.

When it comes to choosing between blockchain and more traditional investments, the grass may be greener in the stock market, said Peter Brandt — the CEO of proprietary trading firm, Factor LLC. He went on to note, however, that it all depends on people’s choice of base currency. 

Brandt was clear that he had transitioned into mostly U.S. dollars while scoping out his next moves. “Right now I think the opportunities are greater in the equities market than they are in the crypto market,” he told Cointelegraph on Sept. 9. 

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“I just don’t see myself really speculating much in crypto,” he continued, attributing his mindset to that of his generation. A participant in traditional market trading since 1976, Brandt built Factor LLC in 1980, decades before the invention of blockchain-based assets.

“I’m in a generation that defines net worth in U.S. dollar terms,” Brandt said, noting USD as

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