Eric Trump’s Crypto Advice: A Guide for Traders or Just Noise?

Eric Trump has increasingly positioned himself as a vocal figure in the crypto space, shifting from short-term trading insights to advocating for a long-term investment strategy.

“Never Fade Eric Trump?” The Social Media Buzz

In financial markets, the phrase “Don’t fight the Fed” is often used to suggest aligning with Federal Reserve policy. A crypto-world equivalent has emerged—“Never fade Eric Trump”—after the former president’s son encouraged traders to “buy the dips” in a February 25 post on X (formerly Twitter).

His remarks coincided with an 11% rebound in the total crypto market cap, reaching $3.09 trillion by March 2, seemingly supporting his stance. The surge followed Donald Trump’s announcement that BTC and ETH would serve as core assets in a strategic U.S. crypto reserve, with ADA, XRP, and SOL also under consideration. However, the rally was short-lived, raising questions about the reliability of Trump’s market calls.

Traders Who Followed Eric Trump’s Calls Faced Losses

Despite the temporary market spike, crypto prices reversed quickly. By March 3, the total market cap had fallen back to $2.78 trillion and declined further to $2.6 trillion by the weekend. The sharp pullback underscores the volatility of crypto markets and the risk of basing trades on social media sentiment.

Eric Trump’s previous recommendations have also yielded mixed results. On February 4, he posted: “In my opinion, it’s a great time to add ETH.” At the time, ETH had recovered to $2,700 after a sharp drop to $2,000. However, instead of rallying further, ETH has since lost over 25% of its value, now hovering near $2,000.

Similarly, on February 6, he tweeted: “Feels like a great time to enter #BTC” while tagging World Liberty Financial. Bitcoin was trading around $96,000 then, but it has since fallen to $82,000, marking a 14.5% decline. Analysts attribute the drop to macroeconomic headwinds, including President Trump’s newly imposed tariffs on major trade partners.

A Shift in Strategy: Eric Trump Now Advocates HODLing

After seeing the market reaction, Eric Trump revised his messaging on March 3, posting: “Now my advice: HOLD (i.e. Long Term).”

This shift aligns more with the traditional HODL strategy, which encourages investors to weather market fluctuations rather than attempting to time price swings. While Eric Trump’s past calls have not been favorable for short-term traders, long-term investors might find his evolving stance more aligned with crypto’s historical cycles and adoption trends.