engrawaz
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June 24, 2018, 09:03:22 PM |
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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)
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teterinal
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June 30, 2018, 02:08:31 PM |
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bitcoin is so volatile now. investors like him will surely invest only in a stable asset.
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cryptoalfs76
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▰▰▰ MODULE ▰▰	
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June 30, 2018, 02:22:44 PM |
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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. |
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nazarovv
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June 30, 2018, 04:07:33 PM |
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Stability. Buffet is a really careful investor and don't want to invest in something that is unstable. he might loose money from this.
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abhi777
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June 30, 2018, 04:21:10 PM |
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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 |
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KID_28
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July 01, 2018, 12:03:25 PM |
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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.
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nikonova
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July 01, 2018, 12:16:04 PM |
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warren buffet became rich by being smart in his investments. he won't invest in something that is not stable.
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edjames
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July 01, 2018, 09:35:17 PM |
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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.
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Master Carnegie
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July 01, 2018, 09:59:53 PM |
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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.
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Sarastiche
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BITCOIN IS THE CURRENCY OF THE GLOBE
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July 01, 2018, 10:22:56 PM |
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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.
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Joe103
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July 01, 2018, 10:31:18 PM |
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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.
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sirenmoon
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July 01, 2018, 10:40:53 PM |
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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. |
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onemoretime8520
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The World’s First Blockchain Core
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July 01, 2018, 10:50:43 PM |
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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.
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Deepa18dec
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July 01, 2018, 10:52:56 PM |
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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.
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ronnis.gomes
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July 01, 2018, 10:56:48 PM |
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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
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ciciteng
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July 01, 2018, 11:00:53 PM |
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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.
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Redredred
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July 01, 2018, 11:17:16 PM |
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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. |
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MiiDoViic
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July 01, 2018, 11:19:57 PM |
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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. |
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DreezHoly
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July 01, 2018, 11:23:42 PM |
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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
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tabas
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July 01, 2018, 11:26:48 PM |
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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. |
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