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Topic: Bitshire Hashaway Live and Well!! (Read 507 times)

member
Activity: 70
Merit: 10
January 19, 2016, 03:52:11 AM
#5

 When you want to invest 500+ million dollars , bitcoin is not a wise choice.

 He bailed out Bank of America in 2008 all himself. One guy to bail out possible one of the biggest banks in america. So when you give 5 billion dollars to a bank 6-7 years ago and turn it into 12+ billion today , it is no wonder why you wouldn't invest in bitcoin. The volume is not enough.
member
Activity: 119
Merit: 100
January 18, 2016, 03:40:33 PM
#4
Yeah, long term investing and holding tends to work well, provides more security, and does not get you nervous everyday lol.
legendary
Activity: 3374
Merit: 6880
Top Crypto Casino
January 18, 2016, 03:36:38 PM
#3
Im also a Warren Buffet, guy is a beast in long term holding, but he is totally clueless when it comes to technology, that's why he doesn't understand Bitcoin and doesn't hold any, he will go down in history as a great investor, except his Bitcoin mistake by not owning any.

Anyway, good luck in your investments.
WB is the man.  Not sure about his take on bitcoin but I respect it, and only time will tell if he made a mistake.  And considering the small market cap of bitcoin, it's nor surprising he hasn't taken a position in it.  He could buy all of it if he wanted to, and then what?
legendary
Activity: 868
Merit: 1004
January 18, 2016, 03:23:11 PM
#2
Im also a Warren Buffet, guy is a beast in long term holding, but he is totally clueless when it comes to technology, that's why he doesn't understand Bitcoin and doesn't hold any, he will go down in history as a great investor, except his Bitcoin mistake by not owning any.

Anyway, good luck in your investments.
member
Activity: 70
Merit: 10
January 18, 2016, 03:56:32 AM
#1


 Hello Everyone ,

 I have started my cryptocurrency trip in April 12th 2013. Not an early bird but not too late neither. I do still remember the times when I can mine with my laptop Cheesy I made about 4-5$ with my laptop in a week , which I can't make in 20 years now. I have since used many accounts and this is hopefully the last one.

 I mainly gambled , not all of them but couple hundred bucks. Most of the other ones went on to creating websites (not a coder) and paying for freelance , got some websites slightly known and then sold them off right away with some profit , others didn't make neither any noise nor coins so closed them off.

 Ever since I joined I was after BitshireHashaway name and didn't know a simple space could suffice , I wouldn't spend that much time and effort if I knew earlier.

 Meanwhile I made some great friendships , lost contact with most of them since last time I was here but I saw the people and philosophy behind Cryptocurrencies. The big gambling business' , the huge volume exchanges , people with insane amount of coins. They are not equivalent of people in fiat currency. People here , small or big are familiar with each other and down to earth , we have some crooks , some scams but also people like Voorhees , who if I remember correctly paid 3 times more then he had to (in some stock exchange market I can't remember) to his shareholders then he was obliged to. He just felt like people deserved it and paid 3 times more. You can find Stunna and chat with him , you can contact theymos and ask him a question , you may encounter ryan (was it ryan?) of moneypot and have a deep discussion about code on a dice website. There are many more examples like these. I don't think you can find that in Wall Street.

 As a fan of Warren Buffet and importance of basic finance + being thrifty . I decided to gather around funds somehow (trying as much as possible to to put fiat into Bitcoin to Show you can make bitcoin by working just like you can make fiat by working). Use those funds to make more funds. Try to make this a lot more innovative then Warren does but still require the same principals. He used insurance a lot to gather funds , which I can't , I will have to use faucets if I have to , put my services (which I don't have any) or worst case get a loan (worst case of worst case , if I can't make enough to pay the loan , swallow pride and get btc with fiat and pay the loan). This way whenever I feel like I have enough , I will invest in bitcoin business' , first stop would be getting couple of websites (own all by myself) , then as Bitshire Hashaway business gets bigger I will acquire some other business' exactly like Berkshire Hathaway.

 There will be some bumps along the road , there will be some issues I will encounter , there will be days I will have high income , there will be weeks I make zero . No matter whatever happens. It is an honor to be amongst people like you. Have a nice day.

 
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