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Author Topic: Why didn't Warren Buffett invest in Bitcoin?  (Read 857 times)
bitterguy28
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July 01, 2018, 11:29:52 PM
 #161

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.

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stayeduptolate
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July 03, 2018, 11:36:34 AM
 #162

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.
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July 03, 2018, 12:20:10 PM
 #163

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.
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July 03, 2018, 12:21:03 PM
 #164

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.

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July 03, 2018, 12:25:48 PM
 #165

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.

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July 03, 2018, 12:54:29 PM
 #166

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.
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July 03, 2018, 01:08:14 PM
 #167

I believe I recently read somewhere that the traditional investors of such big scale think of crypto investing not as investing, but rather speculating.
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July 03, 2018, 01:14:42 PM
 #168

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,
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July 03, 2018, 01:16:34 PM
 #169

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.
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July 03, 2018, 02:00:46 PM
 #170

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.
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July 03, 2018, 02:10:22 PM
 #171

it's no surpirse really. He said he does not understand crypto. so why would he even invest in something he doesn't understand.
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July 03, 2018, 02:11:49 PM
 #172

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.
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July 03, 2018, 02:15:04 PM
 #173

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.
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July 03, 2018, 11:08:52 PM
 #174

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
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July 03, 2018, 11:16:24 PM
 #175

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.
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July 04, 2018, 11:22:46 AM
 #176

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.
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July 05, 2018, 07:40:20 AM
 #177

he did say that he doesn't understand crypto and blockchain, that's why he doesn't want to invest
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July 05, 2018, 07:49:27 AM
 #178

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.
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July 05, 2018, 08:30:09 AM
 #179

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.
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July 05, 2018, 01:32:08 PM
 #180

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.

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