Why didn't Warren Buffett invest in Bitcoin?

[EditorK]

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?

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[Biomass]

Old people are conservative because they are used to their old thoughts too long.
Warren Buffet is a super billionaire investors and he also does not want to earn much money anymore. His business is a kind of momentum of his life. Cryptocurrencies is a kind of too new conception for him to understand or at least to have a real sense of safe profit.
I believe this is true. You see, almost the billionaires who invest to cryptocurrencies are U50.
I have some friends who are millionaires, all are more than 50 years old. They do not want to hear about cryptocurrencies when I mention it to them. They never want to spend even 100 USD for cryptocurreincies. Even if they invest 100 USD, that is just for fun or to make someone else pleased.

[MoonIsBlue]

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?

He also didn't participate in the dotcom bubble and made some good points, if you really believe in BTC, then in his opinion, you are far better off shorting the US Dollar than to gamble on whats going to replace it. He says that emerging technologies seldom make people a lot of money, and that you we're better off shorting the things it replaces than to bet on which company or coin is going to make it.

[mk4]

Very understandable in his part. He says that he doesn't understand bitcoin or blockchain technology in general, so it would be very understandable that he doesn't want to invest in it. Unlike those people who just invest in bitcoin solely because of the price rise, and nothing else. There's a reason why Warren Buffet is a billionaire and most of us are not.

[odolvlobo]

Old people are conservative because they are used to their old thoughts too long. ...

In his 20's, Warren Buffett's salary was $12,000, but his net worth exceeded $140,000 by 26 and $1 million by age 30. Keep in mind that someone with $1 million was quite wealthy back before the decades of inflation at the end of the century.

https://www.gobankingrates.com/net-worth/rich-warren-buffett-age/

Older people are more conservative because they have more to lose, and also because they aren't as stupid as younger people.


Anyway, Buffet invests only in things that he understands well. That should be lesson one for any newbie investor. If you don't understand what you are investing in, you are just gambling.

[squallw]

Because he is on the banker/government side and he is old also.
I guess that he is very conservative and he isn't able to understand about new technologies like blockchain and bitcoin.
So old people that can't understand crypto's world is usually against bitcoin and almost all of them thinks that this is bubble like dotcom or tulips.

[odolvlobo]

Because he is on the banker/government side and he is old also.
I guess that he is very conservative and he isn't able to understand about new technologies like blockchain and bitcoin.
So old people that can't understand crypto's world is usually against bitcoin and almost all of them thinks that this is bubble like dotcom or tulips.

It has nothing to do with age. There are plenty of young people that can't understand crypto's world and are against bitcoin and think that this is a bubble like dotcom or tulips.

[pooya87]

Warren Buffet prefers investing in businesses that are doing something and returning profit for him. he is not a trader either. additionally new technologies for an 80 year old guy who has lived his whole life differently is not something interesting, instead it is scary.

and by the way how the hell do you know whether he has invested in bitcoin or not? for all you know, he may be the biggest whale in bitcoin.

[Mugtaiya]

I think he is wary of things that are not connect to old money. And something new scares him to invest in and therefore will not promote to anyone to do the same.
It is just how these type of old men are..
Until the day they die.

[keycellko]

He's 80 years old. What do you expect. Bitcoin is too technical. Technology is far from being embraced by the old generation because ot is complicated. They have lived most of their lives with out any dependence to computer. My grandfather finds it hard to use cellphone and facebook. I won't be surprised Warren Buffet is in that position with bitcoin.

[BitcoinHodler]

Warren’s strategy is to have an adequate but consistent return over a long period of time.

yes but interestingly enough this is not the reason for not investing in bitcoin. "a long period of time" in bitcoin means something like 9900% profit which is not found anywhere in the world!

The key is that he knows he will be rich someday, but he is not in a hurry.

news flash: he is already rich

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?

well this is not what he is doing. it never was. and besides "taking a position" as i said above meant 9900% in less than 2 years and 20000% in 6-7 years!

[Herlina]

Because he is on the banker/government side and he is old also.
I guess that he is very conservative and he isn't able to understand about new technologies like blockchain and bitcoin.
So old people that can't understand crypto's world is usually against bitcoin and almost all of them thinks that this is bubble like dotcom or tulips.

It has nothing to do with age. There are plenty of young people that can't understand crypto's world and are against bitcoin and think that this is a bubble like dotcom or tulips.

I think so and it seems to me that the main factor is experience and understanding
Most people only judge by their experience without realizing that the object being judged is different

[freesia_pnp888]

as far as i know, he hates crypto lol, not buying it is understandable :p

[daoquanghuan]

We should only invest in the things we know about and Warren too, he only invested when he understood it. We are young and knowledgeable about technology so there will be a lot of advantages in this market

[TTITA]

Very understandable in his part. He says that he doesn't understand bitcoin or blockchain technology in general, so it would be very understandable that he doesn't want to invest in it. Unlike those people who just invest in bitcoin solely because of the price rise, and nothing else. There's a reason why Warren Buffet is a billionaire and most of us are not.

Basically yes, many people interest invest on Bitcoin for taking profit from its rising price. But i don't agree if the people who people invest on crypto are not billionaire, in fact since Bitcoin emerged in 2009 till now price has been surged many times and market exchanges has been spread over the world, it shows many billionaire that enter the market but anonymous.

[lekleklek]

I personally think it is really difficult for most older people to understand digital assets. It takes them a while to come around and see the value.

[Tankdestroyer]

He says that he doesn't understand bitcoin or blockchain technology in general, so it would be very understandable that he doesn't want to invest in it.

Warren buffet is not a trader, and it is understandable that he doesn't know how Bitcoin works(since he did not research it). He is just buying shares on companies with a huge potential to give him a hefty sum of profit. It can also be that way or the other way around. He might have had invested into btc in its early days, and might be one of the biggest whales in crypto space now but is doing it covertly.

[AurumService]

I think the main reason is that Buffet is a buisnessmen with an "old school" approach. He used to invest and deal with so-called real sector of economics and doesn`t see any perspective in cryptocurrencies (bubbles as he calls it). His position is clear but he doesn`t take into consideration those people who were lucky enough to get rich using their skills in cryptobuisness. However it`s up to everyone to decide whether to deal with it or not. Buffet is 87 years old and an overwhelming majority of crypto-enthusiasts are much younger...

[irenegaming]

Because he is an old fool who doesn't understands technology. If you look at his portfolio than he just invests in few things which are traditional, apart from that he doesn't understands a single thing about technology and doesn't invests in any innovative thing. But don't worry he will eventually invest in Bitcoins.

[Veterock]

Warren Buffett thinks that the bitcoin is a soap bubble and this is the only reason why he doesn't care for them. He perfectly understands that it will soon burst.

[Xester]

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?

Before we ask why is Warren Buffet did not want to invest in bitcoin let us examine who is really Warren Buffet. According to Wikipedia Warren Buffet is is an American business magnate, investor, and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$82.9 billion as of February 17, 2018, making him the third wealthiest person in the world. In addition Buffet is also the biggest shareholder of Hathaway since 1970 and the media is calling him oracle , sage, wizard due to his success and immense wealth.

So now after looking at his background, we can infer that Buffet have been successful all of his life using traditional business and this is the main reason why he thought that bitcoin was useless. If you are already making that huge amount of money I guess it is normal that you are confident on your field and will not mind bitcoin.

[rodel caling]

Warren Buffet prefers investing in businesses that are doing something and returning profit for him. he is not a trader either. additionally new technologies for an 80 year old guy who has lived his whole life differently is not something interesting, instead it is scary.

and by the way how the hell do you know whether he has invested in bitcoin or not? for all you know, he may be the biggest whale in bitcoin.

Yes i think you have a point buffet are one of the biggest whales in bitcoin, the reason why i observe if warren buffet are interested in bitcoin or in the whole virtual crypto currency why he's always involve in the bitcoin discussion.

[odolvlobo]

I think the main reason is that Buffet is a buisnessmen with an "old school" approach. ...

There is no "old school" approach to investing. Other than Modern Portfolio Theory, investing is basically the same now as it was before your great great grandmother was born, and I doubt you are referring to Modern Portfolio Theory.

My guess is that you consider speculation to be "new school" investing, but people have been speculating for as long as they have been trading.

[_AlexX]

Why do you not invest into a cole mining company? (I assume now you didn't).
I think he is just too old to adopt to new things and something like cryptocurrency would shake his entire understanding of how the economy and money works.

why would he want to believe in it in his old days?

i have a lot of respect for this man. Do not get this wrong.

[hatshepsut93]

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?

What do you mean "he will be rich someday"? He is already crazy rich, so he doesn't need to take any risks at the end of his life to become even more richer, maybe he wants to be remembered as the man who never suffered a major lose, and avoiding big risks can be a good way to do so. Also, he doesn't bother to learn more about the technology of Bitcoin, he saw explosive market and immediately proclaimed it a bubble, just like many other economists and investors - but ultimately it doesn't matter, because Bitcoin will be judged for its capabilities - it's not some commodity like gold or oil that are the same as they were 1000 years ago, Bitcoin is ever-evolving software and a giant community of users.

[mummybtc]

For me I don't think he understand Bitcoin, and it is possible that those advising him on what to invest into don't understand it, it took me 3years to graps what give Bitcoin value and this is the main challenge most people have, why do I need to pay this much for a computer currency. He is not the first to come out amd have negative option of BTC and won't be the last.

[darkangel11]

Why do we care about whether he invests or not. If you take a look at a typical crypto exchange, where people who know something about cryptocurrencies gather to buy some, you'll notice that many of them don't own BTC and don't even want to own it. They are interested in other coins. So among the crypto enthusiasts many choose not to won BTC. So why should Waren buy it? He doesn't understand it, he's not interested in risky gains, he doesn't believe in it and has a lot of money already. If I were him I'd also ignore it.

[daarul50]

I think Warren Buffet just does not want to take too much risk because his main goal is to get rich while if he invests bitcoin then chances are there are only two choices of being rich and being poor. He does not want to take the chances that his chances are 50:50. I would also think the same with him if my main goal is the same as him, but in this bitcoin I enjoy and contribute to the blockchain technology ecosystem that bitcoin uses so this technology is not extinct and hope that someday this technology can be accepted and used by all countries as a solution to the problems of world economy.

[darkangel11]

For me I don't think he understand Bitcoin, and it is possible that those advising him on what to invest into don't understand it, it took me 3years to graps what give Bitcoin value and this is the main challenge most people have, why do I need to pay this much for a computer currency. He is not the first to come out amd have negative option of BTC and won't be the last.

No, he doesn't. The main proof is that he doesn't invest in the Internet at all, so he's not a tech guy, he doesn't want innovations. He's interested in banking and financial institutions. For instance one of his greatest investment is American Express, which has nothing to do with BTC and would surely lose value if cryptocurrencies started to dominate over fiat money.
A fun fact is that he sends a lot of money to the Gates foundation and Gates used to own BTC, but suddenly became a critic in the last couple months

[onemoretime8520]

Waren Buffet has the wealth to live for the other 5 generations of him firstly and he doesn`t need money anymore and secondly where do we know that he has not invested in bitcoin or other cryptos ?

[MisterStylish]

He also doesn't invest in gold. Buffett's philosophy is based around generating earnings. He likes to buy securities that work to generate more earnings. No matter how large crypto gets, it will never replace equity and debt, which is fine. A company could potential aim to earn bitcoin instead of fiat if they wish. The notion that crypto will take down wall street is completely incorrect. Yes, it may restructure with its technology, but equity and debt will continue to exist. Buffet says he's ideal position has a holding period of forever. Equity seems more likely to continue forever than crypto, although I think they both will.

[SPQR_Legionnaire]

Because he's smart and doesn't invest in things he doesn't understand.

He doesn't understand technology and avoids it entirely.

[drlederman]

First you need to know how to turn on a computer.

[a4techer]

For me I don't think he understand Bitcoin

He really don't understand any single word from bitcoin and the word itself either. But as a well known and very popular guy who has made money through his genius ideas and strategies, people will listen to him. If he says that a simple rock is profitable it will have its value because he declared it. He don't trust digital assets and he has a lot of bad talks about it. But I have doubt that he will remain as is with his view on bitcoin, I'll get my haircut if WB decided to eat his words and becomes bullish in bitcoin.

[squallw]

Because he is on the banker/government side and he is old also.
I guess that he is very conservative and he isn't able to understand about new technologies like blockchain and bitcoin.
So old people that can't understand crypto's world is usually against bitcoin and almost all of them thinks that this is bubble like dotcom or tulips.

It has nothing to do with age. There are plenty of young people that can't understand crypto's world and are against bitcoin and think that this is a bubble like dotcom or tulips.

Yeah i can't generalize but i mean that almost all old people tends to be fool at new technologies.
Some young people can't understand cryptos and some old grandpa may buy bitcoin.
But the question at topic is 'why Warren Buffett...' i just answered that we can clearly notice that he is against cryptos.

[@Hakermania@]

Warren Buffet believes that cryptocurrencies are a scam. His investments have always been on companies that then over time have grown exponentially. In my opinion, he's a finance magician who, however, no longer wants to update and modernize. Here are the reasons for this position on cryptocurrencies.

[Nilda]

Maybe he is too old for this cryptocurrency stuff. Maybe he already has enough money. Or maybe it’s his personal choice. Whatever his reason/s are? It didn’t affect the way most people here view bitcoins.

[pat4cryptoreal]

I do not expect every body in the world to embrace bitcoin at this stage no matter the level of the persons financial, social and academic exposure. There is no human that is satisfy with money, we will always want more. He will invest in bitcoin when there is no alternative and when there is general acceptance of bitcoin.

[TRAID]

Because he's an old school investor who doesn't understand new revolutionary technologies. Plus, blockchain can potentially ruin everything he has built so it makes sense to fight against it.

[onnz423]

Warren buffet doesn't need to invest in bitcoin, when you are the king of gold, why care about silver? He's a billionaire, he doesn't need to try his hand at risky investments as part of some sort of get rich quick scheme, he is already rich. Again, when you are a billionaire, why would you support the very system that threatens to ruin your holdings?

[ladydark]

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?

Just simple,warren only has good knowledge about traditional companies and he lacks knowledge about new technologies.So bitcoin being a new technology,he just wishes to stay away from it and continue investing in traditional companies.

[ambisyon]

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?

Just simple,warren only has good knowledge about traditional companies and he lacks knowledge about new technologies.So bitcoin being a new technology,he just wishes to stay away from it and continue investing in traditional companies.

Warren Buffet does not believe that buying bitcoin is not an investment, unlike buying stocks, bonds and real estate where he is use to. According to his statement, buying an investment should be worth something to it's own. He believes that the value of bitcoin comes from what people are willing to pay where bitcoin only increase it''s value when being bought and sold.

[MasterNodes.Cash]

We can never know what goes on behind the closed doors. Warren is a very smart investor...maybe he is deliberately creating and spreading FUD so he can stock up on btc before publicly announcing that he started investing in crypto. If Warren Buffet announces his involvement in crypto, the whole crypto market is headed for Mars...and other big investors will follow his path.

[anatolykarpov]

How do you know he didn't ? 

I'm pretty sure he has investments in Crypto. Same goes with Bill Gates. The more they FUD, the more they buy I suppose.

[adzino]

Do you really think he hasn't invested on bitcoin or any other crypto currencies? No investment on bitcoin but still showing a lot of interest (negatively) on it sounds fishy right? Most people believe that he have invested tons of money on bitcoin and is using his popularity to manipulate the market to benefit himself.

[QuestionAuthority]

How people see Warren Buffett:



What he really is:

[Coin-1]

What he really is:

LOL


I think that the large investors wish to predict the price of Bitcoin or other crypto currency, because they want to buy the deep and get a profit. If he can make money using a traditional way which is a stock markets or other financial instruments, he doesn't want even touch a new modern technologies. But some old billionaires start to recognize a potential of crypto currencies in the long run, and now they pay attention to investing in the crypto exchange markets.

[Dark_raven007]

Everyone does what he wants. So he has enough and he does not bother. Although who knows, Maybe he knows more than we do.

[Juggy777]

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?

Warren is old my friend and he has resistance thoughts all around him, he refuses to see the truth and who knows he may be doing this to drop the prices and buy it now and sell it at a later stage. Look he's seeing bitcoins with the glasses of bubble crash and that's why he's unable to see the potential, I wish he could heal so he could also invest and get more rich lol.

[gabmen]

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?

Warren is old my friend and he has resistance thoughts all around him, he refuses to see the truth and who knows he may be doing this to drop the prices and buy it now and sell it at a later stage. Look he's seeing bitcoins with the glasses of bubble crash and that's why he's unable to see the potential, I wish he could heal so he could also invest and get more rich lol.

Well who knows if he really didn't invest in bitcoin. He could very well be speeing out negative statements and getting btcs at the same time. Much like jamie dimon lol. You can't really take what these old guys say seriously right?

[lisasteca]

It is estimated that Berkshire, the company of W. Buffett, has a portfolio of 170 billion dollars. In my opinion he already has a portfolio in cryptocurrencies and is already experimenting with the market. Then since he is an old hand he does not say it around.

[TheGreatUnknown]

I admire warren buffet a lot, he's my inspiration specially in stock market strategy and investing the reason why warren buffet didn't invest in bitcoin is Because he didn't believe in Bitcoin and he believe that some day it will fail, he didn't give a statement about how and when it is going to happen but he said that bitcoin will have a bad ending.

[evanstinger]

Old people are conservative because they are used to their old thoughts too long. ...

In his 20's, Warren Buffett's salary was $12,000, but his net worth exceeded $140,000 by 26 and $1 million by age 30. Keep in mind that someone with $1 million was quite wealthy back before the decades of inflation at the end of the century.

https://www.gobankingrates.com/net-worth/rich-warren-buffett-age/

Older people are more conservative because they have more to lose, and also because they aren't as stupid as younger people.


Anyway, Buffet invests only in things that he understands well. That should be lesson one for any newbie investor. If you don't understand what you are investing in, you are just gambling.

I could never get tired of this advice.

"If you don't understand what you are investing in, you are just gambling."

This why i don't even speculate in any alts that i don't understand well enough.
It took me months to understand what is Blockchain, BTC, ETH and the environments.
Wise people once said, knowledges are powers.

[magneto]

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?

Nope. I'm not surprised at all, to be honest. In the past, he has basically said the same thing when it came to precious metals. With bitcoin being very close to precious metals when it comes to its properties as money/asset/store of value, his opinion obviously doesn't differ much.

It seems like that either Buffett is actually shorting bitcoin actively, or that he genuinely believes that bitcoin is not an investment simply because of the fact that it doesn't give you interest, or dividends.

I don't think that he realises how BTC can essentially have the potential (i'm not saying it will one hundred percent, however) to become the backbone of the entire world's economy, as the whole world's reserve currency, tbh.

[bitfocus]

maybe he invested billion in Bitcoin and just now want to influence the market to go more dip and buy more in low - how is this as a possibility?

[Lizzardis]

He's just an old fart, but most probably he's helping somebody buy for the low, trying to drop the price down with such groundless assertments.

[rachelia13]

I think it's okay if he does not want to invest in bitcoin. He does not understand Bitcoin and other blockchain-based digital assets so decided not to invest in something unknown because an investor needs to know and understand the assets that will be invested by them in order to avoid lose because the investment value of an investor like Warren Buffet certainly not small. This is a weakness of Buffett because he loss the opportunity to get big profits. Hopefully someday he does not regret this.

[blargh222]

warren buffet doesnt like btc because it messes with his business. he has an investments company and btc goes against that business
the bigger btc gets the smaller he gets.

[tegarp90]

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?

Since old times, warren buffet's statement is always negative about bitcoin.
He also one of the enemy of bitcoin, because when he announced bad news about bitcoin.
Market will do a correction.

[teddyppap]

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?

Warren Buffett has declared Bitcoin worthless, Unlike stocks, bonds or real estate, buying Bitcoin is not an investment. So, he thought biticoin was not the investment it was one of. The reason he did not invest in bitcoin

[nguyentuanduongg1995]

Bitcoin's remarks as an illusion in early March are not because Buffett was a dreamer to understand Bitcoin. It comes from the fact that he understands that Bitcoin prices are almost in the eyes of these "virtual fans".

That does not mean Buffett thinks the Bitcoin price will fall sharply or that anyone speculating on this virtual currency is a fool. This should only be understood that Buffett does not think Bitcoin has any intrinsic value. As a highly valued investor, Buffett understands how the concept of value and price differs. And Buffett was right when Bitcoin was traded for $ 0.01 or $ 1 million. Both of these numbers can be argued for perfect protection.

[AurumService]

Buffet is a man from another century. Take a look at his biography and ways he made his millions. It is what he really understands. But I`m sure that nowadays it`s a completely different situation. New reality, new markets, new players, new rules...

[mummybtc]

I don't think this guy don't have BTC or have one or two  Altcoins. I jsut feel he wants to buy into it cheap. One thing this people do is that they make use of diversion tactics to make people lose focus of what they are doing. I will advice people to look for what his doing and not what he is saying

[chillitabit]

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?

he seems to me to be a too old to understand the potential of this disruptive technology. Suppose if you're dealing with the hedge funds, real estates etc your whole life, it's hard to grasp the concept of bitcoin.

[AurumService]

he seems to me to be a too old to understand the potential of this disruptive technology. Suppose if you're dealing with the hedge funds, real estates etc your whole life, it's hard to grasp the concept of bitcoin.
[/quote]

You`re right. This man is 87 years old and at this age it`s too hard to follow new trends taking into consideration his buisness interests!

[MasterNodes.Cash]

The whole cypto market is driven by influencers and rich people. What  makes you think that Warren didn't invest in crypto? Maybe he's deliberately spreading fud and calling btc a scam so he can buy more of it. I won't be surprised if he publicly announces soon that he started investing in crypto. He's too smart to miss the most profitable cash cow in decades.

[roccstar]

Warren Buffett didn't invest in technology stocks in 2000 because he didn't understand them. Same goes with cryptocurrency, it is highly unlikely that he would invest in them.
He's interested in banking and financial institutions. However, he has enough wealth and power to create his own cryptocurrency if he wishes to.

[chipzeru]

Being expert in one field doesn't mean his point is valid on anything. Warren Buffet may be an experienced stocks investor but it doesn't mean his statement on bitcoin is valid. Keep in mind that he never invested in technology stocks. I don't take him seriously when he talked anything that related to technology (in this case, bitcoin)

[wilburwilbur]

He is not just interested and that does not mean bitcoin has no future at all
Imagine yourself as a billionaire, why do you risk your money to something that you have little knowledge about it? Better continue your thing and make money. That's it. Easy peasy money

[Akichiva23]

 Everyone got their choices and reasons as to why they do certain things, Warren is a known Investor but he too have priorities, he choses where to put his money and where not to.  and he chose against investing in BTC which is totally his right,

[MisterStylish]

Maybe he does and we just don't know about it.

[Mihail.B]

Buffett just did not have time to enter this train and now doesn't want to change their opinions (principles). I think now he is very regret not invested in bitcoins!

[peter0425]

Buffett just did not have time to enter this train and now doesn't want to change their opinions (principles). I think now he is very regret not invested in bitcoins!

But he's not really late, he can still invest on it just like Mark Cuban did. Mark earlier was very critical of bitcoin and he even says a lot of negatives as well before, until suddenly he change his tune and probably invest on it because all of his billionaire friends have investments and he doesn't want to be left out in the discussion. As for Warren, he has already see's a lot of things from his long experienced as a investor and so he already closed his mind on crypto because he doesn't like its speculative nature.

[inthelongrun]

Warren Buffet is probably the most richest man in the planet if he didn't donated huge chunk of his assets. Still he is very rich and contented especially he is already old. Which means he of course do not want any big changes especially on the financial system where he is lording already.

[Dudeperfect]

As far as I have observed, Warren Buffet always tries to stay away from the things which he knows nothing about it. Technology is one of those things and he rarely invested even in any tech-related stock and if I am not wrong then I think he never use email too so expecting any opinion from him is not a wise idea, to be honest. When Warren Buffet invested his capital to acquire 5% share capital of Apple, his partner said that Warren is crazy or he is still learning.

[quyethuynh]

A closer look at Buffett’s investment strategy reveals that Bitcoin and Buffett were never posed to be a love affair. Buffett’s investment strategy circulates around the concept of intrinsic value.

Buffett defines intrinsic value as follows:

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

To give you an example: Buffett bought about $ 1 billion in Coca Cola stock in 1988. Coca Cola has lots of intrinsic value: People all around the world consume Coca Cola, thereby creating a steady stream of profits for the company. These profits make Coca Cola a valuable company.

Now, what Buffett looks for are companies whose market cap is significantly lower than their intrinsic value. In other words, Buffett looks for companies that are significantly undervalued, just like Coca Cola in 1988.

[7788bitcoin]

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.

If you look at his investments throughout his career he was not having a positive insight in the technological aspect and he never invested in any of the technological companies and so it is not surprising that he is not interested in bitcoin. He can tell what ever he wants but i does not affect people's choice on what to invest.

[Gatot84]

So far the technology adopted by the old generation is too complicated. They have lived most of their lives without relying on computers. Where my grandfather found it difficult to use the phone and facebook. I would not be surprised about Warren Buffet being in that position with the presence of bitcoin.

[Teawhalee]

Everyone has their genuine reasons for investing or not , this is the just to show that the crypto journey is still very far. Its a good thing because early investors will make massive gains.

[olubams]

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?

Is this really about Warren or someone else because the bold part is sure not referring to him. Warren is already rich and he does not need even need to do any more investment in life for him live through life. The return of his percentage holding in cocacola is enough if he wants above a moderate life. There is no perfect reason as to why Warren chose to or not invest in bitcoin only him  can give the explanation to that. Its really difficult for someone who has known a particular working way for him all his life to then change overnight.

[Nguyen Le Thuong]

BTC is the game of all kind of people. Many people they dont know about BTC and cryptocurrencies. So BTC have many potential risk and can not control. That is reason make it easy to become a bubble, this is not Buffet's style !

[sid_jain]

Nah he did and i am sure of it when ever bitcoin is about to cross 10 k mark recently hes made a statement against it . dont think hes a fool

[Pursuer]

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?

Is this really about Warren or someone else because the bold part is sure not referring to him. Warren is already rich and he does not need even need to do any more investment in life for him live through life. The return of his percentage holding in cocacola is enough if he wants above a moderate life. There is no perfect reason as to why Warren chose to or not invest in bitcoin only him  can give the explanation to that. Its really difficult for someone who has known a particular working way for him all his life to then change overnight.

LOL, yeah it has nothing to do with becoming rich. but it has everything to do with storing your money safely some place where nobody can touch.
even rich people (millionaires and billionaires) fear their future and they are concerned with where they "park their money". many of them have been keeping their eyes on bitcoin and have been seeing it as a viable option to store their money. and when you have millions to invest you don't want the price to go up and you certainly don't want anyone to know you are investing in it, that defeats the whole purpose of it if they knew.

[TranTrongit]

I think warren bufeft and bill gate were wrong about bitcoin as well as crypto.  Maybe he is too old to change the current trend.  So he does not like bitcoin

[nydiacaskey01]

Warren Buffett is a traditional type of investor. if you take a look into his portfolio, you will see investments like in Oil and Gas, Telecoms, Banks, Agriculture, Beverage and even in Airlines. He is a traditional investor, he wants to play safe and place his money on common stocks where he has voting rights. This way there are higher chances of earning more than investing in preferred stocks. If Warren Buffett invests in Cryptocurrencies, all he can do is hoard and play as a whale but not really in control of where it is heading.

[AurumService]

Warren Buffett is a traditional type of investor. if you take a look into his portfolio, you will see investments like in Oil and Gas, Telecoms, Banks, Agriculture, Beverage and even in Airlines. He is a traditional investor, he wants to play safe and place his money on common stocks where he has voting rights. This way there are higher chances of earning more than investing in preferred stocks. If Warren Buffett invests in Cryptocurrencies, all he can do is hoard and play as a whale but not really in control of where it is heading.

You are 100% right. Moreover he bought various companies (even those that dealing with shoes and boots).

[artichandra]

Maybe someone like Warren Buffett is waiting or monitoring the development of bitcoin, a person like warren buffett I think has its own thoughts about bitcoin so he needs to learn and wait for the right time to invest.

[GeorgiyBilyk]

Maybe someone like Warren Buffett is waiting or monitoring the development of bitcoin, a person like warren buffett I think has its own thoughts about bitcoin so he needs to learn and wait for the right time to invest.

I agree, but I will say one thing: I think that we just do not say where exactly invest such serious people with such large wallets! I suppose that big sales take place outside the stock exchange and through fake people! Soros, for example, even separately created an investment Fund in the crypto world, and only recently said about it! so let's wait and see how these people really relate to the crypto world and bitcoin!

[fatema]

Warren Buffett believes that cryptocurrency is a scam. Besides, he is about 80 years old. If you invest in this, you have to complete the knowledge. As he was of age, he now understands them less. So he is not ready to invest.

[tdtduy]

Warren Buffett did not invest in Bitcoin because he thought it was a scam. He is a big investor but that does not mean that everything he says is right. I think that Warren Buffett's comments on Bitcoin are just personal criticism, not an investment. I respect him but disagree with him on this point. And I'm still researching and investing in Cryptocurrency as well as Bitcoin.

[tdtduy]

Warren Buffett is a traditional type of investor. if you take a look into his portfolio, you will see investments like in Oil and Gas, Telecoms, Banks, Agriculture, Beverage and even in Airlines. He is a traditional investor, he wants to play safe and place his money on common stocks where he has voting rights. This way there are higher chances of earning more than investing in preferred stocks. If Warren Buffett invests in Cryptocurrencies, all he can do is hoard and play as a whale but not really in control of where it is heading.

Right. I think his investment depends on the business perspective. For example, he was a good friend to Bill Gates, investing in Microsoft was a great thing but with Warren Buffett he refused. Simply because he thinks that it is not advisable to invest in stocks that you have friends with the owners of those companies. It is personal, not business oriented.

[TopDev]

I'm pretty sure that he's a whale. All of that talk against Bitcoin is just to lower it's price so he can buy more. The predictions are true and everybody knows that the Bitcoin will go over 100k in the next few years. He's maybe old but not dumb. And he likes money so..

[St4yInTh3D4rk]

I am not a warren Buffet,so I don't have the same taste as he do.Well in bitcoin there os no guaranteed return bun in long time investment the investors made lot of profits so turn back the history of bitcoin and its price growth to know what is the capable of long time investment.

And one more thing "You can't convince a money that honey is sweeter than banana".

[ganlianshifu1]

Warren Buffett may actually be wrong about the BTC, and I know that Mr. Buffett has said that he only invests in what he understands, so I hope he'll take some time to learn more about bitcoin.

Cryptocurrency, as long as the industry continues to work hard, is bound to be one of the greatest inventions of the future that will benefit society as a whole.

[lukeclick]

As you have mentioned, Bufet's interest in long term and constant flow of income. Bitcoin or any other crypto is not a consistent income earner, this is due to largely volatile market and high unpredictable nature, one day the market is high the other it's in its all time low. such is not an interest of a career long term investor like warren, Cryptocurrency is not for all people, not everyone can manage the risks involved so its not a suprise he dint invest, we all have different investment plans and we tend to stick to it

[Powerpuff]

Warren Buffett only invests in assets that he understands very well. Even if he knows about Bitcoin, it doesn’t necessarily mean that he has a deep understanding of it. In fact, this is the first reason why he was critical about Bitcoin.

[Mpamaegbu]

Very understandable in his part. He says that he doesn't understand bitcoin or blockchain technology in general, so it would be very understandable that he doesn't want to invest in it. Unlike those people who just invest in bitcoin solely because of the price rise, and nothing else. There's a reason why Warren Buffet is a billionaire and most of us are not.

Most of the early adopters of bitcoin who incidentally are millionaires today never understood what bitcoin was. They took that risk and today they are thankful for that so called thoughtless move. Billionaire Buffet may have made money through investment and all that but that does not mean he hasn't lost in certain investment too. Why single out Bitcoin to thrash. He is just seeking media relevance like a movie star. If Mr Buffet doesn't understand the workings of bitcoin, you should just keep mute on it. After all, silence is golden.

[InterFinex_JB]

According to Buffet, cryptocurrencies are a bubble that are purely driven by speculation. He prefers investments with high intrinsic value and a low price. By his definition, bitcoin has hardly any intrinsic value and a high price. His strategy may work for him, but this does not mean it's the only way that works! And I still don't agree that this is a big reason not to invest in bitcoin.

[setialovers]

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?

Maybe warrenc buffett not investing on cryptocurrency because he dont have a large picture about crypto. He is a moderate investor and I think he will invest what he understand

[quanahri]

Does he feel this market is dangerous? There are simply too many other ways to invest

[Raja_Salman]

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?

investment is a choice and that choice lies from our mind in analyzing the results and the investment system if someone already assumes what he wants to invest it is bad certainly they will not be interested anytime when investing with bitcoin

[coinriver]

Buffett thinks "Bitcoin is a real bubble because you can't value Bitcoin. Bitcoin is not an asset that can produce value."

[MasterNodes.Cash]

And how do we know that he didn't invest? Because he told us so? Because he publicly announced that bitcoin is a bubble? The richest people in the world are the biggest manipulators. He knows that his public announcement will dissuade many people from investing. I wouldn't be surprised that he's deliberately manipulating the market and investing under the radar. He knows money and he is too smart to miss out on the biggest money earner in the history of mankind.

[Regenmacher]

He got all the insider information in the world, in terms of classic investments. He can prolly do more with regular assets, or, he can support those bears crushing the market

[jonhsongotti]

Everybody has their own opinion about bitcoin. Warren Buffett does not understand bitcoin, blockchain ...so that he will not invest in it is normal.But Warren Buffett's words are very influential, because he is a billionaire, and we are not. You should learn and learn from experience to survive in this electronic money world

[DoublerHunter]

Warren Buffet didn't invest in bitcoin because he is not a believer of this blockchain technology and he is so strict with the fundamental type of strategy in investing and he is not satisfied for the fundamental of bitcoin because it is all digital and it seems that it is a scam for him and a bubble just like the previous stocks that he witnessed but we can't blame him because he is so old for this new type of opportunities.

[WootenMayo]

They have lived most of their lives with out any dependence to computer. My grandfather finds it hard to use cellphone and facebook. I won't be surprised Warren Buffet is in that position with bitcoin.

[QuestionAuthority]

Bitcoin! He’s still trying to figure out how to use his cell phone.

[aray80]

The possibility, of a billionaire known as Warren Buffet this,seems like he does not want to make more money with criptocurrency but prefer to have fun or make others happy with his wealth ...

[HerbertMarcel]

May be he wants to understand this and also find it profitable.

[joebrook]

They have lived most of their lives with out any dependence to computer. My grandfather finds it hard to use cellphone and facebook. I won't be surprised Warren Buffet is in that position with bitcoin.

Even though he didn't end up investing into bitcoins, It shows how a great investor and businessman that he is, He made the decision of not investing because he doesn't know anything about the technology. Most people will just jump into investing though they know nothing about it.

[sammyp]

I don’t know him and I don’t know anything about his ideologies and investment but the fact that he didn’t invest in bitcoin doesn’t make bitcoin hopelessly. For me bitcoin is the coin of my time and I will do things my own way rather than comparing myself to people who have already made it in their own way. I want to read about Buffett hoping his story ignites me in my quest for bitcoin.

[laryillary]

Earlier he repeatedly stated that bitcoin is a financial bubble. The investor does not work with the coin, because he does not understand this sphere. At the same time, he is sure that the crypto currency "is waiting for a bad end."

[paruru123]

as far as i know, he hates crypto lol, not buying it is understandable.

[Dmitry.Vastov]

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?

Everyone has its own way of earning money. Some earn it with very hard work, some are doing business, some is doing jobs , some finds these investments reliable and some find them useless. I find bitcoin to be very reliable and very good way of earning money in very short span of time and according to Warren Buffet who is known to be a very popular business of the world, bitcoin is not his way of earning profit because he trust in some long term profit but I find bitcoin to be very good because in my opinion it is the best way to become self dependent by your own.

[jaocoincrypto18]

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?

Honestly, We and Warren Buffet knows how risky is Bitcoin investments is, that we are all just depending of the Bitcoin price value in the market. No stocks, no collateral and no commodities in which all we need is just the other people to put their money in Bitcoin then we earned if we hold. Warren hates this process, that he was used to entrepreneurship in which always there is a physical products involve to rotate in the market unlike Bitcoin in which like we join a gambling site then gamble and hoping to win because the price is really unpredictable.

[mrben77]

Buffett suggested that such investments are just a speculative game, moreover, gambling, and also noticed that "no one really knows what bitcoin is."

[Badik]

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?

These guys are constantly talking critical news about bitcoin or crypto but I think they're the ones who have the most bitcoin. So I don't take it too seriously.

[BelieveInBTC]

As he said, he doesn't understand cryptocurrencies and it looks like he's not even trying to understand them. It is much easier for him to say that cryptocurrencies are a scam or a financial pyramid. Maybe he is angry that he hasn't invested in Bitcoin back then in 2011? Well... thanks God because he would probably destroy the market pretty quickly. He is too old to change his mind, he will continue to say the same thing over and over again.

[jhache]

Because he doesn't invests in something that he doesn't understand, he has said it numerous times. Just like he was wrong about Google and Amazon, he is going to be wrong about Bitcoin. Its just about time. Also he hates on Bitcoin cause it threatens banks and he is heavily invested in bank stocks.

[Brenda Karenn]

Actually, Warren Buffett isn’t interested in Bitcoin at all. He just recently told CNBC that: "in terms of cryptocurrencies I can say almost with certainty that they will come to a bad ending."
In his view, cryptocurrencies are a bubble that are purely driven by speculation.

[John Williamss]

It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways and it will be. The idea that it has some huge intrinsic value is just a joke in my view.

[TrufieldICO]

Because either he doesn't understand it or sees it as a threat to his investments which are in fiat currency.

[Stormyblue]

Warren Buffet believes that Bitcoin is a bubble and an anonymous technology. H eclaims he doesn't invest into ventures that seems anonymous. He has a point though but some crypto analyst has responded that is antagonizing crypto because it is a threat to him and his businesses

[DoublerHunter]

Because he doesn't invests in something that he doesn't understand, he has said it numerous times. Just like he was wrong about Google and Amazon, he is going to be wrong about Bitcoin. Its just about time. Also he hates on Bitcoin cause it threatens banks and he is heavily invested in bank stocks.

He is old now and he is still sticking to his old strategy and standards which is the reason for him to not accept bitcoin and other type of opportunities that came into his life. He is still sticking to his principle and beliefs and we can't do anything about that but just wait and observe how bitcoin will prove that Warren Buffet is wrong.

[Dmitry.Vastov]

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?

Everyone has its own way of minting money. Some earns it by very hard work and gets a very little money in return and some earns millions by just sitting in their cabins. The only difference is those in cabins invest money wisely. Bitcoin is that kind of investment where you can get very good profit in very short span of time and on the other hand investing into other investment is for long term, so everyone has its own monopoly of earning money but I just wants to advise Warren Buffet that he should invest in bitcoin for once.

[alex_gr_cc]

Warren Buffett did not even invest in Internet companies and social networks. He repeatedly stated that he invests only in the business that he understands.
The cryptocurrency market is an order of magnitude more complex than the technology companies market.
Moreover, the cryptocurrency market is very speculative. Buffett is not a supporter of speculation.

[jaaeeeyyyy]

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?

investment is a choice and that choice lies from our mind in analyzing the results and the investment system if someone already assumes what he wants to invest it is bad certainly they will not be interested anytime when investing with bitcoin

That's why it is important to understand the ways of earning of a certain investment firm before biting the bait. Warren's principle of earning does not match with bitcoin which is a One Big Kaboom compared to Warren Buffet's principle which is Slowly but Surely. He only exhibited one of the most important characteristics an investor must learn and that is looking before you leap.

[bohtrung3]

for the entire cypto market driven by influencers and wealthy people. but what makes us think that Warren is not investing in crypto? Maybe he's deliberately spreading fud and calling btc scam so he can buy more bitcoin for now, we'll be surprised if he announces soon that he started investing in crypto. He's too smart to miss the most profitable dairy cow in decades this year.

[blackandred]

Very understandable in his part. He says that he doesn't understand bitcoin or blockchain technology in general, so it would be very understandable that he doesn't want to invest in it. Unlike those people who just invest in bitcoin solely because of the price rise, and nothing else. There's a reason why Warren Buffet is a billionaire and most of us are not.

buffett only invests in areas he is familiar with . bitcoin is a new area . he is not familiar with it . this is normal . when the car was just discovered . many aristocrats laugh at it in the carriage .

[kasemin]

Because he is the age parents who do not understand technology. If you look at the portfolio rather than just investing in some traditional things, then he does not understand one thing about technology and does not invest in innovative things. What do you expect. Bitcoin is too technical. Technology is far from being embraced by the old generation because ot complicated. They have lived most of their lives without relying on computers.

[Washball]

Warren Buffet doesn't need anymore money, he's one of the richest persons in the world. But the point is, he does not believe in cryptocurrencies, he's an old school investor. He does not understand crypto and believes there's no value behind bitcoin.

[moshk555]

Warren Buffet has built his portfolio by conventional investments in commodities. He does not invest in companies he does not understand which is mostly commodities. He refrains from technology companies as that is not his area of domain.

[mudasarali43]

Warren Buffet invests in Bitcoin because it is causing huge new projects and great demand with the latest technology and all attraction and the best and more favorable thing for all those who want to come on the latest technology in the world,

[jjjrmy]

 Everyone got their choices and reasons as to why they do certain things, Warren is a known Investor but he too have priorities, he choses where to put his money and where not to.  and he chose against investing in BTC which is totally his right,

[IanRosmarin]

Warren Buffett thinks that the bitcoin is a soap bubble and this is the only reason why he doesn't care for them. He perfectly understands that it will soon burst.

I hope your wrong!

[btyco]

Buffett's expertise is in the corporate sector, he knew the bottom of the recent credit crunch crisis and bought at the bottom. He knows nothing about bitcoin so he will never invest, but that doesn't mean others won't.

[successful7]

Exceptionally justifiable in his part. He says that he doesn't comprehend bitcoin or blockchain innovation by and large, so it would be exceptionally reasonable that he wouldn't like to put resources into it. Dissimilar to those individuals who simply put resources into bitcoin exclusively in view of the value rise, and that's it. There's a motivation behind why Warren Buffet is an extremely rich person and the greater part of us are most certainly not.

[rickn]

If I had the fortune that Warren Buffet has, I would also ignore bitcoin and altcoins, as I would not need to put my money at risk in this volatile foreign market

[NereuFajardo]

He always said that it was gonna bea mistake to invest on bitcoin, and he was right at some point, but it all depends on the way that you see bitcoin

[engrawaz]

Those people like Warren Buffet do not like to change the system that made then millionaires or even billionaires. IMO, as time goes by the conservative opinion of old people becomes obsolete due to the simple fact of evolution. As the new generation emerges in the financial market their opinion will become the majority thus the system must change eventually. (for proof take a look at the history of how things have changed)

[teterinal]

bitcoin is so volatile now. investors like him will surely invest only in a stable asset.

[cryptoalfs76]

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?

Warren buffet is  a principle man,and a great entrepreneurs,he should not invest cryptocurrency because he thinks thats its a bubble,for him its better only from first stage  but its cannot last longer in the world of bussiness,but  in my own perception why should  he would not invest in cryptocurrency because  they treats digital currency as a rival on its own bussiness.

[nazarovv]

Stability. Buffet is a really careful investor and don't want to invest in something that is unstable. he might loose money from this.

[abhi777]

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?

investing with bitcoin requires confidence and trust in bitcoin itself the possibility of people who do not invest with bitcoin trust issues that keep them from investing with bitcoin

[KID_28]

I think Buffet is not for cryptocurrency generation, he is more on stocks. He is not into bitcoin since he has different belief, all of us have one. I think he is more confident in investments which are more tangible than bitcoin.

[nikonova]

warren buffet became rich by being smart in his investments. he won't invest in something that is not stable.

[edjames]

As other people have said, crypto is generally for the younger generations. People over 50, especially rich people over 50 have built their wealth using older, more traditional methods and see no reason to suddenly swap their investment strategies in something they don't really understand. if it ain't broke, don't try to fix it, tends to be their motto.

[Master Carnegie]

Gradually the crypto-coins are conquering the sympathy of the traditional financial market. There remain, however, a few bastions of resistance. Warren Buffett is one of them.

[Sarastiche]

When your are of age, there are certain technological development, you might  not be able to comprehend, base on years of experience, mind has been structured to think in a particular way, reason why Warren could not comprehend the technological development behind BTC, he term it as a bubble, I hope he will live long to see the space evolve to a greater dimension, where government and  organizations will accept BTC as a legal means  of transaction.

[Joe103]

Our believes and opinions will always differ. Maybe he never wanted to take such risk due to the high level of uncertainties, or he is rather confident about his current style of doing business or investment. I don't think there should be debate about his opinion.

[sirenmoon]

He always said that it was gonna bea mistake to invest on bitcoin, and he was right at some point, but it all depends on the way that you see bitcoin

Warren is an old age billionaire. He is against the crypto ultimately and is predicting the fall in the future. I cannot deny that he is intelligent and also a great businessman but his stubbornness is brutal because he had the bankroll and still has to control a part of the market. He is old age stock investor and like any of the grandpas, he cannot adapt to the new situations. It is easier to spit on the future the embrace it. It is sad that he won't live so long to see the outcome that he has predicted falsely and that is the prevailing of the cryptomarket and not the fall.

[onemoretime8520]

the question here is where how can we be sure that Warren Buffet did not invest in Bitcoin ? These kind of guys are very smart and if they have seen a potential into it they can invest and don`t speak a single word about it.

[Deepa18dec]

He is good at his points. He simply says that he doesn't understand bitcoin or the blockchain technology and hence he is not going to invest in it. There is nothing wrong it that. If you don't understand anything, its better that you stay away from it.

[ronnis.gomes]

This is very easy to answer. Why would someone billionaire invest in an uncertain market without regulation and subject to much turbulence? Those who have a lot of money have several other options to safely surrender their assets

[ciciteng]

They are not that stupid. I am sure that somehow they had certain amount of Bitcoin to HODL but they don't admit it that they have it.
Like Elon Musk, I don't believe him just only have 0.25 BTC.

[Redredred]

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?

He claims that he doesn't not invest in ventures that he do not understand. He has a point though beacuse Bitcoin is a little anonymous but let's forget the investment returns that Bitcoin holders acquire: BTC could accomplish that revolutionary goal. Then early adopters will gain much value.

[MiiDoViic]

He also didn't participate in the dotcom bubble and made some good points, if you really believe in BTC, then in his opinion, you are far better off shorting the US Dollar than to gamble on whats going to replace it. He says that emerging technologies seldom make people a lot of money, and that you we're better off shorting the things it replaces than to bet on which company or coin is going to make it.

That's a really good analogy . He might have disapointe the crypto investors with his dicisions and statements . But the man knows what he is doing and he isn't a gambler. He tries to stay away from technology mainly since he is an old school guy and doesn't really understand it as much. It's better dominate in a field you have experience in and keep improving in it rather moving to a whole new lane following the waves that comes and goes.

[DreezHoly]

Not everyone will like BTC as a investment, and not all investment opportunities apeal to everyone, warren might have not seen BTC as a worthy investment opportunity, that doesnt mean its not

[tabas]

He is good at his points. He simply says that he doesn't understand bitcoin or the blockchain technology and hence he is not going to invest in it. There is nothing wrong it that. If you don't understand anything, its better that you stay away from it.

Stay away tell bad things about it? He's too conservative and has made his way to success and I respect his points about it.

They are not that stupid. I am sure that somehow they had certain amount of Bitcoin to HODL but they don't admit it that they have it.
Like Elon Musk, I don't believe him just only have 0.25 BTC.

Likewise, they don't want people to get wealthy so they also analyzed it before discouraging people.

[bitterguy28]

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?

sorry do not offended mate and sorry for those people supporter's of Mr. Warren Buffet, in my opinion I will use my freedom to speech as member of their forum. I do not believe all statement came from that man because I think he is the one of the bigtime whales herein cryptocurrency investor he makes thoughts bad news for crypto to dump the price value of crypto specially bitcoin that's my observation I wil analyst in my own.

[stayeduptolate]

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?

Everyone has its own mentality to invest into something. Investment into anything is a very big decision, no matter how much amount you are investing into, it sees that you are taking risk and putting your money into investment and everyone has its own thinking of investment. I strongly believe in bitcoin because it has provided me very good profit and if Warren Buffet is not interested in investing into bitcoin then it is his wish because he believe in long term investment more rather than instant profit.

[_CryptoBrain]

Nobody can prove whether Warren Buffett bought the crypto currency. I think he just hides his crypto currency assets, which he probably has a lot.

[allthingsluxury]

Warren Buffett only invests in what he knows. This is one of his common catch phrases. He is ancient, he likely has no idea what Bitcoin is.

[alex_gr_cc]

Warren Bafett does not invest in those tools in which he does not understand. This is his main rule.
However, this rule must be observed by every investor.

[jaaeeeyyyy]

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?

Because Warren Buffet still thinks that bitcoin is not an investment because bitcoin lacks of essence. He said that buying bitcoin is not investing but more of like a speculating, His investment style is on stock on we couldn't blame him if he does not want to. Warren Buffet's strategy is to invest where he can merely see what's going on with his money and to proven ones.

[3Gloco]

I believe I recently read somewhere that the traditional investors of such big scale think of crypto investing not as investing, but rather speculating.

[jademacoy]

We have different principles and ways of life but the most important thing to be rich someday is not the way and how you do things in life it matter with your attitude towards on your goals in life. Here in cryptocurrency there is no fast and easy money but one day if you are lucky enough it is guaranteed also that you can be rich here in cryptocurrency,

[ghost14k]

I believe that anyone investing in cryptocurrency is based on their choice. We all have our choice and reasons that brought us into the cryptocurrency market. For Warren Buffet not to invest in cryptocurrency he must have his own reasons holding him back. Besides this is a new technology and it's not anyone will like to be studying everything about it. Remember that crypto investors are all young people within a certain age.

[ngefek berat]

With the different thinking of each person definitely bitcoin not able to influence it so the main goal investing in crypto is to try to earn an income every time to help the economy get better than before.Without having to take advantage of the existence of bitcoin continuously to make it happen.

[gasparyu]

it's no surpirse really. He said he does not understand crypto. so why would he even invest in something he doesn't understand.

[Linanak]

I think warren bufeft and bill gate were wrong about bitcoin as well as crypto.  Maybe he is too old to change the current trend.  So he does not like bitcoin.

[ghost424]

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?

The answer is simple and easy to understand too. He is not that interested in long term investments. We know Warren Buffett is known for his charitable personality and being generous to others. Maybe he does not see that investing in Bitcoin might give him the opportunity to give more because there is no one explaining Cryptocurrency to him or he is still not impressed by the milestones reached by the Cryptocurrency Industry.

[avoxosuccesful]

the question is,is warren buffett interested in cryptocurrency?Being master in one field doesn't mean his point is legitimate on anything. Warren Buffet might be an accomplished stocks financial specialist yet it doesn't mean his announcement on bitcoin is substantial. Remember that he never put resources into innovation stocks. I don't consider him important when he talked anything that identified with innovation

[Blackhammer321]

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.

[Chupacabras]

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?

How can you know for sure? What if he has some secured hidden wallets with 10000 bitcoins on them, whatever he just don't reveal that for us? I think we can never know.

[shashkova]

he did say that he doesn't understand crypto and blockchain, that's why he doesn't want to invest

[TrumpD]

Well, his is already a billionaire in towards the end of a life long journey. How much money or risk does he want more. Except he want to do it for fun. But knowing Buffet he is a shrewd investor, so may be he is not investing in something that he does not fully understand yet. That being said, with bitcoin being anonymous and a number of hedge funds out there, he might as well have invested anonymously and no one knows. So in the end we can't be too sure.

[Rustandy]

Because this is not an asset that gives real results, If you buy bitcoin, you do not have anything that produces anything. You just expect people to pay more, when people buy bitcoin, he actually does not invest. But they do speculation. Nothing wrong you did that. If you want to gamble, someone else will come and pay more money tomorrow. This is one type of game. It's not an investment.

[Yatsan]

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?

Sure some of us would view this at a negative side and regard of this as one of the signs that bitcoin is dying. But the true reason why Warren Buffet does not want to invest on bitcoin is because it doesn't suit his interests on investments. Most of the time he wants a steady amount of growth that is not evident with bitcoin.

[bajarang8668]

Waren Buffett is old minded they do not understand blockchain, technology and not interested. They want to stock market and always king if people are invested in cryptocurrency and bitcoin so the stock market price will be down and bitcoin price increase so new people are a billionaire.

[bennypagulayan]

Because this is not an asset that gives real results, If you buy bitcoin, you do not have anything that produces anything. You just expect people to pay more, when people buy bitcoin, he actually does not invest. But they do speculation. Nothing wrong you did that. If you want to gamble, someone else will come and pay more money tomorrow. This is one type of game. It's not an investment.

I do not think so, for me investing in cryptocurrency is a form of financial investment really and it is bringing a lot of profits to professional investors. The crypto market also contains a lot of risk and it certainly is not for those who do not understand it and I think Warren Buffett is one of those investors who do not understand cryptocurrency.

[Marketting324]

Because either he doesn't understand it or sees it as a threat to his investments which are in fiat currency.

[teamspike911]

but why would he do it?)
This man has so much money that an ordinary person can not even imagine such a heap of money.
We mortals generally find it difficult to imagine how these people think ... and maybe there is a more serious reason, but I just do not see the need to invest their money in something as risky as bitcoin to such a serious person.

[cosmoo]

Most of old people can't understand computer or smartphone and you want this old man to understand such a difficult thing as blockchain. Don't

[Matic]

Buffett thinks ""Bitcoin is a real bubble because you can't value Bitcoin. Bitcoin is not an asset that can produce value.""

Everyone want to have control on something or somebody. It is people nature. I like that the price for it is unknown for the most part of people in the world.

[rehydrogenated]

Warren Buffet didn't invest in bitcoin because bitcoin poses a threat to the current banking system and government control. Two of the main things that made him the richest person in the world for so long. He is one of the primary beneficiaries of the current system. What benefit is there for him to change everything? He's too old to pivot to something new and that new thing might make the word *gasp* a more equal place. The same thing goes for Bill Gates. I think older people just want to keep things the same and not have to worry about any new fangled technology that leapfrogs everything else.

[classictee]

If he actually invested, no one will know and sure if not invested now ,he will still consider investing in future without notifying people.

[petubtc]

Warren Buffet is a smart investor that's why he made millions investing . And as he said he don't understand cryptos and that's why he is not investing in bitcoin..

[kimdungtruyen]

I need this is true. They never never want to date 100 USD for the cryptocurreincies

[nealdlover]

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?

I think he was right. I am very confident in his investment philosophy because I have read a book about his career and investment strategy. First, he was not interested in technology. Secondly, he only invested in what was of real value that he could have estimated. If he can not estimate, he will never invest in it.

[vladmamedov657]

He claimed it was a huge bubble, but in the end, lately he seems to have invested . I read it somewhere, I don't remember exactly.

[cr7]

Buffett repeatedly publicly declared that he does not like to invest in bitcoins.
Because of this, many people think that he was stuck in the past, because he does not invest in blockchain technology.
But sometimes it seems to me not at all, if he was not interested, then he would be silent!

[derinmertmert]

warren buffet says he has not invested in a business he never knew. for this reason he has not even invested in famous technology companies. because he confessed that he did not understand the technology.