Warren Buffet and Charles Munger do NOT like Bitcoin. Sell everything?
Do we sell everything since they don't like it and already worth billions in boomer money?
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Today, 12:49 PM #1Registered User
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Warren Buffet and Charles Munger do NOT like Bitcoin. Sell everything?
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Today, 12:55 PM #2hallelujah
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bitcoin is a ****coin it was just the first ****coin made
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Today, 12:57 PM #3Capitalist
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Dalio sees 'good probability' bitcoin gets outlawed
https://finance.yahoo.com/news/ray-d...130008375.html
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Today, 01:01 PM #4Registered User
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Would increase the value 100% srsOriginally Posted by GordonXXX
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Today, 01:04 PM #5Capitalist
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i think it would render it worthless. and i think it's a real probability.Originally Posted by Condo41
“Every country treasures its monopoly on controlling the supply and demand. They don’t want other monies to be operating or competing, because things can get out of control. So I think that it would be very likely that you will have it under a certain set of circumstances outlawed the way gold was outlawed,” Dalio told Yahoo Finance Editor-in-Chief Andy Serwer in an episode of “Influencers with Andy Serwer,” a weekly interview series with leaders in business, politics, and entertainment.
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Today, 01:05 PM #6Registered User
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Buffet missed his opportunity and labeled it rat poison years ago
He can't admit he was wrong and that 'the greatest investor ever' missed the greatest investing opportunity ever doesn't look goodRON PAUL 2012
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Today, 01:06 PM #7Registered User
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Crypro currency has never been a real asset.
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Today, 01:07 PM #8Registered User
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It's heading for a big crash
It might be worth buying again after the crash but smart people will dump it very soon
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Today, 01:07 PM #9Registered User
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Lol he could easily afford to make bank with it if he thought it was a wise investment. Thing dumbass day trader types don't realize is how real investors like Buffet are only concerned with assets.Originally Posted by Mike1991
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Today, 01:08 PM #10Registered User
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It would already be illegal if the government had any sort of control. Imagine them trying to stop a decentralized currency while inflation is reaching all time highs. It's laughable.. Even a country like China with full control over the internet/population couldnt ban bitcoin.Originally Posted by GordonXXX
RON PAUL 2012
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Today, 01:09 PM #11Registered User
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The average joe doesn't have enough money to be playing the markets like Buffet.
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Today, 01:10 PM #12Registered User
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You didn't listen to the rest of what Buffet said.
He said sell all of your Bitcoin and get out now while you can, and then load up huge on Dodgecoin.
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Today, 01:11 PM #13Registered User
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Smart people will never sell. If you can afford to weather the storm it's not worth selling ever. Once inflation hits people will be desperately looking for places to dump their money to hold their valueOriginally Posted by SuperHercules
RON PAUL 2012
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Today, 01:12 PM #14Registered User
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Why bother "weathering the storm" when you can just dump it and buy way more than you had when it crashesOriginally Posted by Mike1991
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Today, 01:14 PM #15Registered User
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Buffett has made mistakes also, most notably with disney
I'll globe you
Likes all miscers instagram posts crew
Thought I was 6'3 but actually 6'4 crew
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Today, 01:19 PM #16Registered User
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Because anyone who thinks they are smart enough to properly time the cycle is full of chit.Originally Posted by SuperHercules
The only way that works is if you have a fixed price point in mind. Say 100k USD. Sell off a portion of your wallet.
If it goes down to 80k you can rebuy. But even that is just luck, no skill involved
Trying to time the cycle is a fools gameRON PAUL 2012
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Today, 01:21 PM #17Registered User
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If you want to find something to hold value, you should probably be seeking some sort of asset.Originally Posted by Mike1991
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