Post
Topic
Board Bitcoin Discussion
Re: Why didn't Warren Buffett invest in Bitcoin?
by
stayeduptolate
on 03/07/2018, 11:36:34 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 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.