Post
Topic
Board Bitcoin Discussion
Re: Why didn't Warren Buffett invest in Bitcoin?
by
Blackhammer321
on 03/07/2018, 23:16:24 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?
As you have said, the manner of earning in the bitcoin industry does not suit his characteristics and the traits in an investment that he seeks for. Although this is a negative thing on our part, Warren Buffet exhibits a characteristic that all entrepreneur and investors should have, and that is aligning your business or investments based on your interest.