Post
Topic
Board Economics
Re: Bitcoin believers/investors are foolish or low IQ people ?
by
Leh-Meh
on 10/06/2019, 11:30:23 UTC
As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world. Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

A person who has 1000 bitcoins = $5,000,000 will not risk the BIG money. You can retire with $5 million.

Now who will buy 1000 bitcoin at $5000. Those big buyers has purchased 1000 Bitcoins at $30 or $50. That is how ponzi schemes/super-HYIPs collapse/crash. The same is for stock markets and billionaire Warren Buffet (buy buy buy buy)