Post
Topic
Board Bitcoin Discussion
Re: Why didn't Warren Buffett invest in Bitcoin?
by
Dmitry.Vastov
on 06/06/2018, 13:11:36 UTC
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.