Post
Topic
Board Bitcoin Discussion
Re: Why didn't Warren Buffett invest in Bitcoin?
by
ghost424
on 03/07/2018, 14:15:04 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?

The answer is simple and easy to understand too. He is not that interested in long term investments. We know Warren Buffett is known for his charitable personality and being generous to others. Maybe he does not see that investing in Bitcoin might give him the opportunity to give more because there is no one explaining Cryptocurrency to him or he is still not impressed by the milestones reached by the Cryptocurrency Industry.