Everyone got their choices and reasons as to why they do certain things, Warren is a known Investor but he too have priorities, he choses where to put his money and where not to. and he chose against investing in BTC which is totally his right,
Topic: Why didn't Warren Buffett invest in Bitcoin? - page 4. (Read 883 times)
Warren Buffet invests in Bitcoin because it is causing huge new projects and great demand with the latest technology and all attraction and the best and more favorable thing for all those who want to come on the latest technology in the world,
Warren Buffet has built his portfolio by conventional investments in commodities. He does not invest in companies he does not understand which is mostly commodities. He refrains from technology companies as that is not his area of domain.
Warren Buffet doesn't need anymore money, he's one of the richest persons in the world. But the point is, he does not believe in cryptocurrencies, he's an old school investor. He does not understand crypto and believes there's no value behind bitcoin.
Because he is the age parents who do not understand technology. If you look at the portfolio rather than just investing in some traditional things, then he does not understand one thing about technology and does not invest in innovative things. What do you expect. Bitcoin is too technical. Technology is far from being embraced by the old generation because ot complicated. They have lived most of their lives without relying on computers.
Very understandable in his part. He says that he doesn't understand bitcoin or blockchain technology in general, so it would be very understandable that he doesn't want to invest in it. Unlike those people who just invest in bitcoin solely because of the price rise, and nothing else. There's a reason why Warren Buffet is a billionaire and most of us are not.
buffett only invests in areas he is familiar with . bitcoin is a new area . he is not familiar with it . this is normal . when the car was just discovered . many aristocrats laugh at it in the carriage .
for the entire cypto market driven by influencers and wealthy people. but what makes us think that Warren is not investing in crypto? Maybe he's deliberately spreading fud and calling btc scam so he can buy more bitcoin for now, we'll be surprised if he announces soon that he started investing in crypto. He's too smart to miss the most profitable dairy cow in decades this year.
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?
investment is a choice and that choice lies from our mind in analyzing the results and the investment system if someone already assumes what he wants to invest it is bad certainly they will not be interested anytime when investing with bitcoinWarren’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?
Warren Buffett did not even invest in Internet companies and social networks. He repeatedly stated that he invests only in the business that he understands.
The cryptocurrency market is an order of magnitude more complex than the technology companies market.
Moreover, the cryptocurrency market is very speculative. Buffett is not a supporter of speculation.
The cryptocurrency market is an order of magnitude more complex than the technology companies market.
Moreover, the cryptocurrency market is very speculative. Buffett is not a supporter of speculation.
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 way of minting money. Some earns it by very hard work and gets a very little money in return and some earns millions by just sitting in their cabins. The only difference is those in cabins invest money wisely. Bitcoin is that kind of investment where you can get very good profit in very short span of time and on the other hand investing into other investment is for long term, so everyone has its own monopoly of earning money but I just wants to advise Warren Buffet that he should invest in bitcoin for once. 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 he doesn't invests in something that he doesn't understand, he has said it numerous times. Just like he was wrong about Google and Amazon, he is going to be wrong about Bitcoin. Its just about time. Also he hates on Bitcoin cause it threatens banks and he is heavily invested in bank stocks.
He is old now and he is still sticking to his old strategy and standards which is the reason for him to not accept bitcoin and other type of opportunities that came into his life. He is still sticking to his principle and beliefs and we can't do anything about that but just wait and observe how bitcoin will prove that Warren Buffet is wrong.
Warren Buffet believes that Bitcoin is a bubble and an anonymous technology. H eclaims he doesn't invest into ventures that seems anonymous. He has a point though but some crypto analyst has responded that is antagonizing crypto because it is a threat to him and his businesses
Because either he doesn't understand it or sees it as a threat to his investments which are in fiat currency.
It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways and it will be. The idea that it has some huge intrinsic value is just a joke in my view.
Actually, Warren Buffett isn’t interested in Bitcoin at all. He just recently told CNBC that: "in terms of cryptocurrencies I can say almost with certainty that they will come to a bad ending."
In his view, cryptocurrencies are a bubble that are purely driven by speculation.
In his view, cryptocurrencies are a bubble that are purely driven by speculation.
Because he doesn't invests in something that he doesn't understand, he has said it numerous times. Just like he was wrong about Google and Amazon, he is going to be wrong about Bitcoin. Its just about time. Also he hates on Bitcoin cause it threatens banks and he is heavily invested in bank stocks.
As he said, he doesn't understand cryptocurrencies and it looks like he's not even trying to understand them. It is much easier for him to say that cryptocurrencies are a scam or a financial pyramid. Maybe he is angry that he hasn't invested in Bitcoin back then in 2011? Well... thanks God because he would probably destroy the market pretty quickly. He is too old to change his mind, he will continue to say the same thing over and over again.
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?
These guys are constantly talking critical news about bitcoin or crypto but I think they're the ones who have the most bitcoin. So I don't take it too seriously. 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?
Buffett suggested that such investments are just a speculative game, moreover, gambling, and also noticed that "no one really knows what bitcoin is."
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?
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?
Honestly, We and Warren Buffet knows how risky is Bitcoin investments is, that we are all just depending of the Bitcoin price value in the market. No stocks, no collateral and no commodities in which all we need is just the other people to put their money in Bitcoin then we earned if we hold. Warren hates this process, that he was used to entrepreneurship in which always there is a physical products involve to rotate in the market unlike Bitcoin in which like we join a gambling site then gamble and hoping to win because the price is really unpredictable.
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