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    Home»Bitcoin»Veteran Trader Calls XRP Holders ‘Ignorant Eternal Optimists’
    Bitcoin

    Veteran Trader Calls XRP Holders ‘Ignorant Eternal Optimists’

    Ethan CarterBy Ethan CarterDecember 14, 2025No Comments3 Mins Read
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    Veteran Trader Calls XRP Holders 'Ignorant Eternal Optimists'
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    Veteran market trader Peter Brandt has sparked renewed discussion about XRP following pointed comments regarding the token’s most devoted supporters. Drawing from over fifty years of experience, Brandt likened XRP to silver, characterizing markets where unwavering bullish sentiment persists despite frequent price fluctuations and prolonged periods of disappointment.

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    According to sources familiar with his remarks, Brandt based his criticism on his personal trading history. He noted that he has managed thousands of contracts across various commodities, equity indices, and digital assets, arguing that the “perma bulls who I find most uninformed and biased are those who champion Silver and XRP,” highlighting what he sees as a trend of investors maintaining bullish attitudes even when price movements and overall conditions turn unfavorable.

    Brandt Emphasizes Decades Of Expertise

    Brandt’s approach was direct and personal. He has an extensive history of public commentary, and his critiques of XRP are part of a long-standing pattern. Earlier this month, he described XRP supporters as “obsessed,” equating their belief to that of silver enthusiasts.

    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 issued bearish predictions — including forecasts that XRP would drop toward zero against Bitcoin — while on other occasions, he identified bullish chart patterns, setting higher targets that were reached before the market pivoted.

    Community Reaction And Surprises

    Responses came swiftly. Zach Rector, a recognized figure within the XRP community, countered Brandt’s perspective. Reports indicated that Bitcoin maximalist YoungHoon Kim announced on December 12 his intention to start acquiring XRP — a significant shift for someone previously committed only to Bitcoin.

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    XRPUSD currently trading at $1.99. Chart: TradingView

    Kim has claimed an IQ of 276, a detail many in the community have deemed unverifiable, yet it has circulated widely on social media, sparking discussion. X Finance Bull acknowledged Brandt’s trading history but proposed that charts alone might overlook broader structural movements in the crypto markets. Dr. Don Woods, identifying as a silver bull, humorously noted that triple-digit returns have left him unaffected by accusations of bias or ignorance.

    XRP: Pricing Context And Market Trends

    Based on market snapshots from exchanges, XRP once traded above $3 before retreating toward the lower end of the $2 range. Volume and broader cryptocurrency fluctuations contributed to this movement.

    Brandt’s detractors cite this resilience as proof that some of his predictions are inaccurate. His supporters argue that his extensive experience over fifty years still carries weight. Both perspectives are in circulation and are being employed to support divergent investment arguments.

    10,000 XRP And The Freedom Argument

    Meanwhile, Edoardo Farina, founder of Alpha Lions Academy, has maintained a consistently bullish outlook. Based on previous statements, he contended that holding 10,000 XRP could position an investor advantageously if prices increase significantly.

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    “It’s hard to comprehend how free you’ll be,” he expressed in a widely shared message. This assertion lacks a timeline or specific price targets, serving more as a statement of conviction than a forecast derived from transparent assumptions.

    The differing opinions contribute to a larger discussion about bias, data, and faith in cryptocurrency. Some traders interpret Brandt’s comments as a caution against unchecked optimism, while others view the community pushback as evidence that XRP’s narrative is still unfolding, with broader factors — legal, regulatory, and adoption-related — potentially altering the landscape.

    Featured image from Unsplash, chart from TradingView

    Calls Eternal Holders Ignorant Optimists Trader Veteran XRP
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    Ethan Carter

      Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.

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