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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Prateek_sharma on January 11, 2020, 05:41:14 AM



Title: How Warren Buffet build wealth by investing?
Post by: Prateek_sharma on January 11, 2020, 05:41:14 AM
Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?


Title: Re: How Warren Buffet build wealth by investing?
Post by: Furious 7 on January 11, 2020, 06:08:41 AM
This is motivation for us and we can learn from Warren Buffet from someone hard to be a legendary billionaire today,
Even though I don't know about Warren Buffett's original story but I am sure that Warren Buffett is trying to be the best investor even now widely known throughout the world with his wealth.
And it also takes time to become someone like this.


Title: Re: How Warren Buffet build wealth by investing?
Post by: JeotQ on January 11, 2020, 06:10:54 AM
Many billionaires out there all had a rough life at the beginning, people like Oprah winfrey, mohed altrad, Howard schultz , shahid khan who washed dishes for 1.2$ an hour, the list goes on, what we should all learn from this is never to back down, we should dare to dream big and pursue our goals, when we fall we should stand again


Title: Re: How Warren Buffet build wealth by investing?
Post by: antsam on January 11, 2020, 07:32:53 AM
He is a human being born with a business spirit, because he can see opportunities, take advantage of the momentum and dare to take risks that not everyone has and dare to do


Title: Re: How Warren Buffet build wealth by investing?
Post by: shinratensei_ on January 11, 2020, 07:39:36 AM
Just be careful with any investment. But i have an opinion if we must try to remember not all kind of investors can accept it. Remember about warren is having a lot of money and when you are seeing small investors who were having very small money to invest and it can't say a lot about that. You need to be a very skillful person to make it happen just like what already mentioned in the article.
Everything that you do must be based on analysis with high accuracy.
This can't be done by ignoring all of the things related to the analytic of investment.


Title: Re: How Warren Buffet build wealth by investing?
Post by: Doell on January 11, 2020, 07:49:33 AM
He is a human being born with a business spirit, because he can see opportunities, take advantage of the momentum and dare to take risks that not everyone has and dare to do
he is a person has a high passion for success ,knowledge in initial business of trading newspaper that made him aware to save money ,as usual the difficulties in childhood make someone have a greater desire for success in contrast to people who are always happy in childhood ,dare to take risks but with careful calculation with real investment of course not haphazard investment analysis needed


Title: Re: How Warren Buffet build wealth by investing?
Post by: pakhitheboss on January 11, 2020, 08:13:35 AM
This man is a genius, all investment that he made were dikh but we'll calculated. I wish I had the same quality like has has. One of his famous quote that still gives me goose bump is "Someone's sitting in the shade today because someone planted a tree a long time ago". What a visionary he is!


Title: Re: How Warren Buffet build wealth by investing?
Post by: Baby Dragon on January 11, 2020, 08:58:28 AM
Many billionaires out there all had a rough life at the beginning, people like Oprah winfrey, mohed altrad, Howard schultz , shahid khan who washed dishes for 1.2$ an hour, the list goes on, what we should all learn from this is never to back down, we should dare to dream big and pursue our goals, when we fall we should stand again
Indeed, it's an amazing inspiration for everyone who's struggling and doubting themselves on investing, Warren Buffet's story can help those people realize that giving up is not an option and if you are really determine to achieve your goals and dreams then you will not let those experiences be a hindrance. Investing is risky, it takes a lot of effort and time to earn profit that's why I don't wonder why people adore his capabilities because we can clearly see that he was able to become successful despite of some challenges and problems. We should learn from him and on our own experiences that can make us stronger and wiser, besides it's up to us on how we make our decisions and actions. If you wanted to become successful investor just like him then you will look for some ways to resolve and overcome those problems that you may encounter, then you will learn from your own mistakes.


Title: Re: How Warren Buffet build wealth by investing?
Post by: naikturun on January 11, 2020, 09:43:38 AM
teaches us to always be patient and not give up easily, it takes a long time so that he can become the most shareholder in his company, he waits for about 50 years, and buys these shares little by little.
I had read this and remembered it as motivation. :D


Title: Re: How Warren Buffet build wealth by investing?
Post by: jazmuzika217 on January 11, 2020, 10:19:15 AM
It is good to know about his story to make all of us here in crypto world being motivated on what we are doing. I salute to those people who are working hard to achieve their dreams. I hope someday all of us will become Mr. Buffet that become a good example that all of us have a good opportunity on this industry all we need is hard work.


Title: Re: How Warren Buffet build wealth by investing?
Post by: duuuuude on January 11, 2020, 10:38:07 AM
All such billionaires have similar legends - difficult childhood, work at McDonald's and so on. As a matter of fact we do not know, especially from such a seller by air like a buffett. But the dude is undoubtedly well done, not everyone can do so famously.


Title: Re: How Warren Buffet build wealth by investing?
Post by: fortunecrypto on January 11, 2020, 10:45:23 AM
Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?

His story is very motivational but unfortunately, he missed the best investment of his life and this is Bitcoin, he likes and actually knows how to invest in a traditional way, but unfortunately, all the investment combined that he invested are nothing if you compare it to Cryptocurrency, even if the reality is on his face, he still doesn't want to invest in Crypto.


Title: Re: How Warren Buffet build wealth by investing?
Post by: bitcampaign on January 11, 2020, 10:55:17 AM
That sounds good. Not only that there are many other successful people who have also felt how it feels to live down and they work hard for it all, at this time they can enjoy the results of their hard work and enjoy their old age, but it is unfortunate Warren Buffet not being part of technology in the future and investing in bitcoin or other cryptocurrencies, it looks strange even it seems like he doesn't care about technological sophistication so he is not interested in investing in crypto currencies


Title: Re: How Warren Buffet build wealth by investing?
Post by: Ridwan Fauzi on January 11, 2020, 11:08:49 AM
First of all, I wanna talk that everyone have their own way to reach a situation that they want or we can say it a success. I know Warren Buffet, Jack Ma and another people who was successful now and they had a difficult life.

Even, I'm dissagree if someone must take the way like Warren Buffet or etc to get a success. He must believe that he is able to get what he want with his own way and make the successful people as a role model not as a benchmark.

Because if we pair the situation all of them and our situation now is really different. We have more chance to make our life bloom because we have many information and we can use them as a stuff to make easier our purpose.


Title: Re: How Warren Buffet build wealth by investing?
Post by: airdnasxela on January 11, 2020, 11:19:17 AM
Most rich people have inspiring stories to tell, especially those who came from rags to riches. This kind of stories like the story of Warren Buffett are really nice to hear and read. Because it inspire people to become like them. To do well, and work hard on things if you want it to achieve. Being poor is okay, but if you want to become a millionaire, or even a billionaire the. work hard for it.
I've already heard a lot of stories like this. And it really inspire me to work harder.


Title: Re: How Warren Buffet build wealth by investing?
Post by: fvb on January 12, 2020, 04:34:36 PM
I read the biography and articles of this respected person.  A lot of interesting and useful information.  I liked his expression that the one who knows how to wait, ultimately gets a good return on his investment and becomes rich.


Title: Re: How Warren Buffet build wealth by investing?
Post by: mcnocon2 on January 12, 2020, 04:42:11 PM
Yes, Warren Buffet is such an amazing guy. He is an inspiration to us all, investors should always listen on how his life turn from rags to riches. Life maybe tough from him from the beginning but he fought it back just to get what he is dreaming of. The lesson we can learm from this man is patience, and theres money in investing


Title: Re: How Warren Buffet build wealth by investing?
Post by: Byakuga on January 12, 2020, 04:52:38 PM
This man is a genius, all investment that he made were dikh but we'll calculated. I wish I had the same quality like has has. One of his famous quote that still gives me goose bump is "Someone's sitting in the shade today because someone planted a tree a long time ago". What a visionary he is!
The most favourite quote from Warren buffet is ' be greedy when others are fearful and be fearful when others are greedy' i believe no one is born genius, how to spot the right time for opportunity can be deceiving sometimes so persistence is the key to success


Title: Re: How Warren Buffet build wealth by investing?
Post by: r32godzilla on January 12, 2020, 04:58:35 PM
He invested mainly into stocks and he hold stocks for a long time. Now he see how big opportunity he missed, so he called cryptocurrencies a fraud. And stock market is not a fraud? Not pumped by money created by FED and other commercial banks?
You can follow his ideas in something what he is doing, in what he is good, in what he understands. But, do not trust everything what he says, he defends his interests.


Title: Re: How Warren Buffet build wealth by investing?
Post by: PuertoLibre on January 12, 2020, 05:06:14 PM
Warren Buffett: Be greedy when others are fearful and be fearful when others are greedy.
The legendary investor is a great source of motivation with his deep market experience and money management. The simple life rules are still followed by the Waren Buffet even he has the funds to buy the whole territory where he lives in the small house. The stock market traders never will be able to achieve the same results, in my opinion.


Title: Re: How Warren Buffet build wealth by investing?
Post by: jhonjhon on January 12, 2020, 05:08:08 PM
Investing is one of the best way to earn money that is why it is a surprise that we hear about people becoming rich through investment. There are different types of investment it is important that you choose the right investment for you, it is very important that before investing on something you should know every detail and choose the investment you think will work for you.


Title: Re: How Warren Buffet build wealth by investing?
Post by: semobo on January 12, 2020, 05:09:55 PM
Spend only 50% or even less from what you are making and invest the remaining into things which gives your interests or profits that is the simple strategy to be a billionaire someday but it takes few decades even if you constantly follow the strategy and right investment.


Title: Re: How Warren Buffet build wealth by investing?
Post by: coin-investor on January 12, 2020, 05:10:06 PM
Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?

I admire the guy on what he has gone through and how he made a great business decisions, but I don't like him bashing or giving negative comments on Cryptocurrency when the truth is on his face that this is the technology of the future, anyway he will not live up to more years where he can see Bitcoin being used by almost all of the country, and blockchain integrated into every system and industry.


Title: Re: How Warren Buffet build wealth by investing?
Post by: seleme on January 12, 2020, 05:14:25 PM
I remember the strategy called Turtle Trading which created by Warren Buffet. He made the right choices at the perfect time, the patience helped him to harvest profit from his smart investment deals. There were dates when it was possible to trade stock market crash betting and betting against the central banking(GBP bet by Buffet).


Title: Re: How Warren Buffet build wealth by investing?
Post by: bttmember on January 12, 2020, 05:17:40 PM
I do respect and honour Warren as an investor and entrepreneur and also as a decision maker, his words of wisdom about investing are great and there are good lessons to learn from them, he is truly an inspiration for us all but in the end i think that luck weighs in heavily with such success stories and i think warren was really lucky and so his investing decisions in his life have made him what he is today.


Title: Re: How Warren Buffet build wealth by investing?
Post by: ChrisPop on January 12, 2020, 05:53:03 PM
It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.


Title: Re: How Warren Buffet build wealth by investing?
Post by: semobo on January 12, 2020, 06:03:16 PM
It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.
Too much of work pressure also results in stress so better live balanced life while investing.Maybe we can't see another warren buffet since the things were changed from his time period and now so following his investment plans may not work anymore.


Title: Re: How Warren Buffet build wealth by investing?
Post by: Febo on January 12, 2020, 06:31:22 PM
Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door.

LOL that is really tough.

Few weeks ago when I was at doctor and in waiting room two old ladys disused their early life. They are about the age of Buffet or a bit younger.  It was soon after WW2 in europe, her dad died and was no food at home so mom send her to help some other family just to be able to eat well once a day. Being few years old. Maybe 5-10 I dont remember.

Poor Warren had to sell chewing gums from door to door :(


Title: Re: How Warren Buffet build wealth by investing?
Post by: nicolas1979 on January 12, 2020, 08:02:50 PM
This is what we call " born to investment ", we can learn many thing from his journey built wealth by investing. From the story we can see he has vision and and built strategy to realize his vision. Meaning he has goal ( target ) and do what he can with innovation idea to get best result, not better result. His target sometimes not realistic because when speak about greedy he always say greedy is the best weapon to get profit and patient is the best way for loss. Warren Buffet has different mindset and he try to innovate, not push his dream into market.  Copying this person is really hard but I admire his brilliant strategy concept.


Title: Re: How Warren Buffet build wealth by investing?
Post by: sorrros on January 12, 2020, 08:06:41 PM
And he started with few dollars, just like us. A good example that even you donīt have enough money, but you invest at the beginning of something big you can gain a huge profit!


Title: Re: How Warren Buffet build wealth by investing?
Post by: jameshugo17 on January 12, 2020, 08:16:44 PM
There's an alleged promise Warren made. You should find a system that will save you money when you sleep at night. This is a nice word, but it's a problem. How will we build such a system. We can catch it with interest. I dont want this. I think it makes more sense to invest in production tools.


Title: Re: How Warren Buffet build wealth by investing?
Post by: bittraffic on January 12, 2020, 09:19:34 PM

We've heard a lot about him, even my brother quotes him when I we discussed about investing like when there is blood on the street, invest invest and invest. I'm not sure if it comes from Warren but my brother said so.  But Warren Buffet however isn't a bitcoin holder. He even spread lies about bitcoin as far as I know. In crypto he is irrelevant.


Title: Re: How Warren Buffet build wealth by investing?
Post by: aamirsuh on January 12, 2020, 09:25:16 PM
By investing in only one altcoin, you will not be very rich. It's hard to make it happen in a year. People who invested in Bitcoin waited seven years to get rich. Remember the summit in 2017. These riches are probably the ones that have to wait for years.


Title: Re: How Warren Buffet build wealth by investing?
Post by: flagpara on January 12, 2020, 10:09:48 PM
Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?
This isn't part of altcoins discussion. My point of view is you should ready to tolerate and take pain from life. Never lost your trust on who created you. By patient you can change you whole life. Warren Buffet was a good example but more good example still has and running in our world.


Title: Re: How Warren Buffet build wealth by investing?
Post by: asriloni on January 12, 2020, 11:07:36 PM
It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.
Too much of work pressure also results in stress so better live balanced life while investing.Maybe we can't see another warren buffet since the things were changed from his time period and now so following his investment plans may not work anymore.
He is a lucky person who are investing in the right company. if he was doing it wrong by investing in the crap company and he will not become so big as now. There will be no another warren buffet but there will be a lot of chance if the next guy with the same luck will appear in the future. When we are talking about the old generation and they are all getting so luckiest caused by so many major companies are having very small valuation while right now they are having very big valuation that gives no chance for us to invest or make our money to get a lot of their stocks as their stocks were so expensive.
Investing is about how you can see the future of company.


Title: Re: How Warren Buffet build wealth by investing?
Post by: Aabcde on January 13, 2020, 06:22:58 AM
For me achieving success must start from an early age, because going there is not a short and easy path.
Sometimes people are ashamed to start with something as small as selling door-to-door, even though in that way the universe sees your hard work and one day will achieve something unexpected.
When you already have enough funds to invest in something bigger, don't forget the strategies and knowledge you have learned.


Title: Re: How Warren Buffet build wealth by investing?
Post by: jameshugo17 on January 13, 2020, 09:56:04 AM
We need to create a constant income gate. This may be possible with investment. People can't work all the time. When they get older, they need to create enough capital for them. An accurate investment plan can provide us with this.


Title: Re: How Warren Buffet build wealth by investing?
Post by: Dart18 on January 13, 2020, 10:03:54 AM
Those who lived in an ordinary family (mostly the poor) are the ones who have the will to get to the top.
Most stories of billionaires are like this.
No inheritance but just pure effort and hard work.

We can list all those names but it might fill this whole comment box.
It is just plain and simple.
They know how to live when they fall and that is why they are not afraid to risk it all.


Title: Re: How Warren Buffet build wealth by investing?
Post by: jhonjhon on January 13, 2020, 11:19:38 AM
Most of the successful businessman comes from unfortunate family and they experienced the toughest times growing up and it is just amazing that no matter how tough life to them they didn't stop until they reach their goal and become as successful as they are now. They are a good inspiration to us not to give up in tough times, we should use it to become better and everything is possible if you yourself if dedicated and committed to the goal that you set to your self. Investing can be a very risky move to take but if done correctly then it will reward big as well that is why before investing you should invest in something that is worthy of your hard work and effort. To become successful in investing being smart in choosing an investment pays off.


Title: Re: How Warren Buffet build wealth by investing?
Post by: Obito on January 13, 2020, 11:21:48 AM
That is why I have high hopes for people who knew life at bottom. They knew how tough life is, from providing neccessities up to living for a day with a few food to eat. That is why when they reach peak they knew already how not to take something for granted for its importance and how hard to obtain such thing. I am looking forward for this man, he got me inspired.


Title: Re: How Warren Buffet build wealth by investing?
Post by: aioc on January 13, 2020, 11:34:26 AM
We need to create a constant income gate. This may be possible with investment. People can't work all the time. When they get older, they need to create enough capital for them. An accurate investment plan can provide us with this.

And Bitcoin and Cryptocurrency is one investment that you cannot afford to miss, so many people have made a huge and continuous profit from trading Bitcoin, it is now listed as the most profitable stocks in the world and the data in the coinmarketcap can prove that.


Title: Re: How Warren Buffet build wealth by investing?
Post by: minairia3 on January 13, 2020, 11:59:38 AM
Almost all users who have a rich status came from a poverty life and this is what amaze me by these kind of people. Warren Buffet is one of the famous investor who became a legend in stock market as his rule is invest and put your money into different basket. He is not scared whether the market is down hence buying more stocks with cheap prices. See how the result in the end as he has patience with market. Boom, easily become a billionaire.


Title: Re: How Warren Buffet build wealth by investing?
Post by: el kaka22 on January 14, 2020, 12:06:07 PM
I think people are forgetting the fact that it has been around 60 years since he started. Don't get me wrong dude is one of the best investors out there in the world, not one of the actually, he is THE best investor ever however when you see insane numbers like billions of dollars realize that dude didn't get there over night, it took him 60 years to reach there, so if you are trying to be like him and see that you are not becoming that rich in few years I am sorry but you will never be like him.

Dude had the chance to be a full-time investor at a very very early age and thanks to that only focused on getting richer and richer, not that you can do the same and become as big as him but if we all had the money to become full-time investors, some of us would had millions of dollars in our bank accounts as well instead of couple thousand.


Title: Re: How Warren Buffet build wealth by investing?
Post by: tabas on January 14, 2020, 12:09:44 PM
No doubt that he's a legend in investing and also a hardworking person when he was a kid. The life story of successful people like him is motivating a lot of people to get out of poverty through working wise and smart.
I can't reach what he has reached but at least I'm hoping that I can have a decent life by investing to bitcoin which he is against of.


Title: Re: How Warren Buffet build wealth by investing?
Post by: bangjoe on January 14, 2020, 01:58:11 PM
Almost all users who have a rich status came from a poverty life and this is what amaze me by these kind of people. Warren Buffet is one of the famous investor who became a legend in stock market as his rule is invest and put your money into different basket. He is not scared whether the market is down hence buying more stocks with cheap prices. See how the result in the end as he has patience with market. Boom, easily become a billionaire.
I believe everyone has a turning point in their own lives, always doing research and increasing the portion of work, mistakes certainly happen but don't just stop for stupid reasons. Warren Buffet at first was not too poor, his father was a member of Congress, but what is exemplary is his perseverance to never stop believing in something and is always done with hard work, we also have the same opportunities, and need to equate thinking about diversification even in the crypto space.


Title: Re: How Warren Buffet build wealth by investing?
Post by: antsam on January 16, 2020, 02:30:45 AM
He is a human being born with a business spirit, because he can see opportunities, take advantage of the momentum and dare to take risks that not everyone has and dare to do
he is a person has a high passion for success ,knowledge in initial business of trading newspaper that made him aware to save money ,as usual the difficulties in childhood make someone have a greater desire for success in contrast to people who are always happy in childhood ,dare to take risks but with careful calculation with real investment of course not haphazard investment analysis needed

It seems like he was born to be a millionaire, we need to learn a lot from his success. Maybe at the time it was a stock, why don't we adopt it on the blockchain


Title: Re: How Warren Buffet build wealth by investing?
Post by: breathlessz on January 16, 2020, 04:52:41 AM
Almost all users who have a rich status came from a poverty life and this is what amaze me by these kind of people. Warren Buffet is one of the famous investor who became a legend in stock market as his rule is invest and put your money into different basket. He is not scared whether the market is down hence buying more stocks with cheap prices. See how the result in the end as he has patience with market. Boom, easily become a billionaire.
I believe everyone has a turning point in their own lives, always doing research and increasing the portion of work, mistakes certainly happen but don't just stop for stupid reasons. Warren Buffet at first was not too poor, his father was a member of Congress, but what is exemplary is his perseverance to never stop believing in something and is always done with hard work, we also have the same opportunities, and need to equate thinking about diversification even in the crypto space.
I think his expertise in investing is not obtained instantly, he is committed to buying when many people sell and sell when many people buy and leave the market before the peak occurs. of course it's easy to say, but if you learn of course we will encounter many obstacles



Title: Re: How Warren Buffet build wealth by investing?
Post by: HabiebRiziq on January 16, 2020, 07:46:29 AM
We need to create a constant income gate. This may be possible with investment. People can't work all the time. When they get older, they need to create enough capital for them. An accurate investment plan can provide us with this.

And Bitcoin and Cryptocurrency is one investment that you cannot afford to miss, so many people have made a huge and continuous profit from trading Bitcoin, it is now listed as the most profitable stocks in the world and the data in the coinmarketcap can prove that.
Yup, many people have benefited from cryptocurrency and we can see in 2017 that bitcoin as well as all the coins in cryptocurrency become very profitable and that it cannot be denied and for now everyone still believes that bitcoin will continue to surge and provide a large profit or return later so that many people will choose bitcoin as their investment.