Post
Topic
Board Bitcoin Discussion
Re: Why didn't Warren Buffett invest in Bitcoin?
by
jaaeeeyyyy
on 03/07/2018, 12:54:29 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?
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.