Warren Buffet doesn't speculate, and if you're buying crypto, you're speculating.
Agree wholeheartedly. I'm a long-time admirer of Warren Buffett, and it's obvious to me why he doesn't invest in bitcoin--he doesn't know where it's headed, and he can't analyze it like he can a business. Either you believe bitcoin has a future or you don't. Either you think bitcoin's price is going higher or you don't. Buffett can't determine whether it's undervalued or not like he can with a stock, and neither can anyone else here. Sure, you can assert that you see from the charts that it's going to $100,000 but that's not being honest or using any sort of logic.
Buffett speculates too, but he's not throwing darts when he buys a stock. He's brilliant and looks deeply at the business that's behind a stock before investing. It makes all the sense in the world that he hasn't bought bitcoin, which could cause him to lose all the money he put into it. Plus he'd have a very hard time justifying that to the Berkshire Hathaway shareholders.
Well, I wouldn't say greedy, but I think that the more appropriate word is tactical. When the market is not doing good, and everybody is fearful, a true investor should try to look at the good side and be tactical about his movements, especially in the cryptocurrency market. Since the prices of many assets and coins are going down, it's the best time to buy and invest, since you can get a good amount of coins while not using up too much money. Having said, that could be a really good move in order to maximize one's investment, but you need to really be brave because it's just too hard to look at the good side while everything is in ruins.