The billionaire refuses to participate in trading bitcoins on the stock exchange.
Why are we discussing it here? If we all believe here and love the crypto.
I remember one of the most influential investors in the world Warren Buffett called the Bitcoin cryptocurrency bubble.
Topic: Warren Buffett The Richest Man In The World 5 major rules to success. (Read 158 times)
January 24, 2018, 06:28:26 AM
January 24, 2018, 05:15:59 AM
This is truly sound advice from a really astute investor, and stands true in any investment whatsoever, and we will be foolish not to heed it. As for him calling bitcoin a bubble and mirage, with the kind of uncertainty intrinsic to the crypto world, i dont think this should come as a surprise.
January 24, 2018, 01:51:27 AM
Warren Buffett The Richest Man In The World 5 major rules to success.
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
Most of the rules also applies to the crypto market. Though, he has made his money in stocks market but the main rules are also valid on all markets.
January 24, 2018, 01:47:10 AM
Warren Buffett The Richest Man In The World 5 major rules to success.
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
There is a saying "Better the beast we know than we do not know"
It's the same idea as Warren buffet still choose to invest in stock market(he know) than in cryptocurrency (he don't know).
January 23, 2018, 10:49:16 PM
Warren Buffett The Richest Man In The World 5 major rules to success.
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
January 23, 2018, 10:28:00 PM
there are many other rules for crypto
buy the dip, sell the top - is my favourite
buy the dip, sell the top - is my favourite
January 23, 2018, 10:19:35 PM
Warren Buffet also keeps saying bitcoin and crypto's are bubbles. While his fundamentals might be right, he doesn't understand crypto.
January 23, 2018, 10:10:23 PM
Warren Buffett is a smart investor who I have a lot of respect for. His rules for success make a lot of sense, except for “Honesty is a very expensive gift. Do not expect it from cheap people.” I don't know what he means by that.
January 23, 2018, 09:52:55 PM
Warren Buffett is a good man. He knows his stuff. He isnt into Crypto though and I feel like he should be. Crypto is the new age while he is stuck in the old age and investing in old companies. He even hates investing in technology companies
January 23, 2018, 09:49:55 PM
Warren Buffett The Richest Man In The World 5 major rules to success.
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
He also said:-
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
If a business does well, the stock eventually follows.
January 23, 2018, 04:05:25 PM
forget what say warren buffet or others about succes and wealth.
if you work hard and you put seriously yourself in the cryptoworld, you will get succes for sure.
if you work hard and you put seriously yourself in the cryptoworld, you will get succes for sure.
January 23, 2018, 03:48:49 PM
Warren Buffett The Richest Man In The World 5 major rules to success.
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
January 23, 2018, 03:47:05 PM
Warren Buffett The Richest Man In The World 5 major rules to success.
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
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