Post
Topic
Board Bitcoin Discussion
Re: Why is Bill Gate against investing into bitcoin?
by
isaac_clarke22
on 17/07/2018, 17:21:23 UTC
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

Exactly. Everything pretty much rolls out in a dice on how people will earn. Although people are predicting that whales are the reason for these kinds of movements, they aren't really aware for at least even 60% on what they're really talking about. Bill Gates wouldn't throw in so much in cryptocurrency and he puts up in a charity programs instead. He isn't into playing by the roll of the dice.