Why didn't Warren Buffett invest in Bitcoin? - page 2.

Blackhammer321

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Quote from: EditorK on May 03, 2018, 09:17:42 PM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

As you have said, the manner of earning in the bitcoin industry does not suit his characteristics and the traits in an investment that he seeks for. Although this is a negative thing on our part, Warren Buffet exhibits a characteristic that all entrepreneur and investors should have, and that is aligning your business or investments based on your interest.

avoxosuccesful

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the question is,is warren buffett interested in cryptocurrency?Being master in one field doesn't mean his point is legitimate on anything. Warren Buffet might be an accomplished stocks financial specialist yet it doesn't mean his announcement on bitcoin is substantial. Remember that he never put resources into innovation stocks. I don't consider him important when he talked anything that identified with innovation

ghost424

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Quote from: EditorK on May 03, 2018, 09:17:42 PM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

The answer is simple and easy to understand too. He is not that interested in long term investments. We know Warren Buffett is known for his charitable personality and being generous to others. Maybe he does not see that investing in Bitcoin might give him the opportunity to give more because there is no one explaining Cryptocurrency to him or he is still not impressed by the milestones reached by the Cryptocurrency Industry.

Linanak

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I think warren bufeft and bill gate were wrong about bitcoin as well as crypto. Maybe he is too old to change the current trend. So he does not like bitcoin.

gasparyu

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it's no surpirse really. He said he does not understand crypto. so why would he even invest in something he doesn't understand.

ngefek berat

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With the different thinking of each person definitely bitcoin not able to influence it so the main goal investing in crypto is to try to earn an income every time to help the economy get better than before.Without having to take advantage of the existence of bitcoin continuously to make it happen.

ghost14k

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I believe that anyone investing in cryptocurrency is based on their choice. We all have our choice and reasons that brought us into the cryptocurrency market. For Warren Buffet not to invest in cryptocurrency he must have his own reasons holding him back. Besides this is a new technology and it's not anyone will like to be studying everything about it. Remember that crypto investors are all young people within a certain age.

jademacoy

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We have different principles and ways of life but the most important thing to be rich someday is not the way and how you do things in life it matter with your attitude towards on your goals in life. Here in cryptocurrency there is no fast and easy money but one day if you are lucky enough it is guaranteed also that you can be rich here in cryptocurrency,

3Gloco

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I believe I recently read somewhere that the traditional investors of such big scale think of crypto investing not as investing, but rather speculating.

jaaeeeyyyy

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Quote from: EditorK on May 03, 2018, 09:17:42 PM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

Because Warren Buffet still thinks that bitcoin is not an investment because bitcoin lacks of essence. He said that buying bitcoin is not investing but more of like a speculating, His investment style is on stock on we couldn't blame him if he does not want to. Warren Buffet's strategy is to invest where he can merely see what's going on with his money and to proven ones.

alex_gr_cc

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Warren Bafett does not invest in those tools in which he does not understand. This is his main rule.
However, this rule must be observed by every investor.

allthingsluxury

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Warren Buffett only invests in what he knows. This is one of his common catch phrases. He is ancient, he likely has no idea what Bitcoin is.

_CryptoBrain

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Nobody can prove whether Warren Buffett bought the crypto currency. I think he just hides his crypto currency assets, which he probably has a lot.

stayeduptolate

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Quote from: EditorK on May 03, 2018, 09:17:42 PM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

Everyone has its own mentality to invest into something. Investment into anything is a very big decision, no matter how much amount you are investing into, it sees that you are taking risk and putting your money into investment and everyone has its own thinking of investment. I strongly believe in bitcoin because it has provided me very good profit and if Warren Buffet is not interested in investing into bitcoin then it is his wish because he believe in long term investment more rather than instant profit.

bitterguy28

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“FRX: Ferocious Alpha”

Quote from: EditorK on May 03, 2018, 09:17:42 PM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

sorry do not offended mate and sorry for those people supporter's of Mr. Warren Buffet, in my opinion I will use my freedom to speech as member of their forum. I do not believe all statement came from that man because I think he is the one of the bigtime whales herein cryptocurrency investor he makes thoughts bad news for crypto to dump the price value of crypto specially bitcoin that's my observation I wil analyst in my own.

tabas

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🌀 Cosmic Casino

Quote from: Deepa18dec on July 01, 2018, 05:52:56 PM

He is good at his points. He simply says that he doesn't understand bitcoin or the blockchain technology and hence he is not going to invest in it. There is nothing wrong it that. If you don't understand anything, its better that you stay away from it.

Stay away tell bad things about it? He's too conservative and has made his way to success and I respect his points about it.

Quote from: ciciteng on July 01, 2018, 06:00:53 PM

They are not that stupid. I am sure that somehow they had certain amount of Bitcoin to HODL but they don't admit it that they have it.
Like Elon Musk, I don't believe him just only have 0.25 BTC.

Likewise, they don't want people to get wealthy so they also analyzed it before discouraging people.

DreezHoly

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Not everyone will like BTC as a investment, and not all investment opportunities apeal to everyone, warren might have not seen BTC as a worthy investment opportunity, that doesnt mean its not

MiiDoViic

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Quote from: MoonIsBlue on May 03, 2018, 09:37:04 PM

He also didn't participate in the dotcom bubble and made some good points, if you really believe in BTC, then in his opinion, you are far better off shorting the US Dollar than to gamble on whats going to replace it. He says that emerging technologies seldom make people a lot of money, and that you we're better off shorting the things it replaces than to bet on which company or coin is going to make it.

That's a really good analogy . He might have disapointe the crypto investors with his dicisions and statements . But the man knows what he is doing and he isn't a gambler. He tries to stay away from technology mainly since he is an old school guy and doesn't really understand it as much. It's better dominate in a field you have experience in and keep improving in it rather moving to a whole new lane following the waves that comes and goes.

Redredred

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Quote from: EditorK on May 03, 2018, 09:17:42 PM

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

He claims that he doesn't not invest in ventures that he do not understand. He has a point though beacuse Bitcoin is a little anonymous but let's forget the investment returns that Bitcoin holders acquire: BTC could accomplish that revolutionary goal. Then early adopters will gain much value.

ciciteng

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They are not that stupid. I am sure that somehow they had certain amount of Bitcoin to HODL but they don't admit it that they have it.
Like Elon Musk, I don't believe him just only have 0.25 BTC.

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