Post
Topic
Board Bitcoin Discussion
Re: Why didn't Warren Buffett invest in Bitcoin?
by
jaaeeeyyyy
on 06/06/2018, 14:14:13 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?
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 bitcoin
That's why it is important to understand the ways of earning of a certain investment firm before biting the bait. Warren's principle of earning does not match with bitcoin which is a One Big Kaboom compared to Warren Buffet's principle which is Slowly but Surely. He only exhibited one of the most important characteristics an investor must learn and that is looking before you leap.