Warren Buffett: Bitcoin Is An Asset That Creates Nothing | CNBC

[@andyvaldez212]

If you were offended by this, that means your emotionally attached to your investment. No matter what the underlying security is, That is always a bad sign.

[@Sanglierification]

Not everything is driven by greed

[@bernapas9020]

Funny, A lot of people I see investing in Bitcoin are the ones who don't really understand how it works and how the process is. Most of my friends, for example, They're too ignorant to even learn the subject. Lol is like calm down you're chasing the cloud.

[@yugiohpokemon5285]

@@Sanglierification that has nothing to do with anything

[@todoldtrafford]

So ironic that our money is literally created from nothing and warren gets so triggered from bitcoin

[@yugiohpokemon5285]

@@todoldtrafford so what is bitcoin backed by? And my dollar doesnt lose value unlike what bitcoin does

[@raulmartinez3484]

What I still find odd about bitcoin is that people buy and hold bitcoin as if it is a stock. It was not designed to be a stock, but rather it was designed to be a decentralized cryptocurrency. If people hold onto bitcoin only because they believe it will rise in value, then it defeats the whole purpose of bitcoin.

[@elliottcovert3796]

Exactly. The price of Bitcoin and other cryptocurrencies does not reflect their intended use, it's being driven by speculation and FOMO.

[@colinm366]

Exactly! If it's supposed to be a currency, why are you treating it as a security?

[@MRresievil310]

This is why stablecoins were made.

[@Cragdoge]

If you hold dollars does that defeat the purpose of a dollar? Your logic doesn’t make any sense.

[@raulmartinez3484]

@@Cragdoge You hold dollars to SAVE and SPEND it when needed. I've never met anyone come up to me and told me they will pay me in Bitcoin to pay for my real estate services.

[@satkarandhillon3540]

All these Bitcoin believers in the comments saying Buffett doesn’t know anything.... he knows how to make 85 billion dollars bro 😂

[@osmantoplica8912]

He didn't make them off of Amazon, Google, Facebook, Microsoft, Apple and the likes. Technology is not his field, he has admitted this himself. He does not invest in what he does not understand. What makes you think his opinion on Bitcoin matters then?

[@satkarandhillon3540]

He understands Bitcoin. The reason he's not "investing" in it is because he thinks it's worthless.

[@89Pleasek]

He himself stated IN THIS VIDEO that he doesn't have a clue about Bitcoin so wtf are you talking about? I hope he lives long enough to realize what a fool he's been about new tech. Again. The dude doesn't even have a cell phone and he's going to educate 20/30 something year olds about crypto? Seriously wtf.

[@alec1115]

Actually he invested in Apple 2 years and has made a killing.

[@TeamTwiistz]

Satkaran Dhillon he has 85 billion dollars. 85 billion reasons to talk negatively about the new world currency. he can’t just go buy $85 billion in bitcoin btw. he’ll lose a huge amount of that before the order is filled.

[@Hannahbenowitz]

The $44,000 of two years ago buys about 20% less today, so Bitcoin at $44,000 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.

[@HildaBennet]

Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all these talks of a retrace? i don't want to buy the top.

[@FinnBraylon]

You can start by dollar-cost averaging instead of buying a lump sum at once. Also, consult a fiduciary with crypto expertise for informed buying and selling decisions since talks of a bitcoin ETF approval. Time in the market is more valuable than timing it. Using this approach, I grew my crypto holdings from $50k in 2017 to $690k in 2023.

[@JosephineKenney]

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this fiduciary??

[@FinnBraylon]

“Sonya Lee Mitchell” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@JosephineKenney]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@rama7731]

If your investment isnt productive, then youre not investing, but simply gambling.. the money you won is merely the money that either someone loses or will lose at the very last peak

[@bryanquijanesortega3221]

EXACTLY, great comment. That's what most cryptocurrencies fanatics don't understand, and even if we widely adopt this kind of money in the future, only a handful of the thousands of cryptocurrencies will be worth something... 99,9% percent of them will be worthless zeroes and ones in some hard drive somewhere, the greatest piramid scam. Hopefully people won't start jumping from tenth floors when that happens. So, in the end is just gambling in the ones that PERHAPS will have value.

[@dupthodorji5346]

👏 👏 👏

[@danielfrappier3378]

I am confused. Gold as no productive value and yet as always been considered a sound investment.

[@CorporalCornGaming]

@@danielfrappier3378 Warren finds gold the same its unproductive and you're hoping someone will buy it at a higher price essentially does nothing.

[@danielfrappier3378]

@@CorporalCornGaming Really. I did not knew that.

[@googlesucks6029]

I have to disagree with Warren here, bitcoin creates energy waste

[@encinobalboa]

Bitcoin should be the favorite target of AOC and her GND.

[@ankitasaxena5891]

Says Google sucks

Bitcoin converts electrical energy into code, which is another form of energy.

[@Kaser]

@ Try to make a fire with your "code" ... Good luck ! Are you 9 ?

[@awesomedavid2012]

@@Kaser how do you think a rocket works?

[@miltonclar]

What sets top invest0rs apart from the rest? I've got $345K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.

[@lukefisherDD]

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

[@allisonbutlerj]

The greatest profitable investments typically fly beneath the radar,' is a statement that resonates with me from Warren Buffett. Firsthand experience has taught me this lesson. I discovered that my own emotional prejudices had influenced my decision-making following a traumatic divorce. I turned to a qualified advisor for advice, and she helped me turn my company around. My assets increased significantly-they went from $175k to $650k-due to their professional advise. This encounter made me realize how important impartial advice is to attaining financial success.

[@jessieyoung-szn]

How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?

[@allisonbutlerj]

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@calvinlewis-h2]

I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

[@cezargarcia6651]

Why is Bitcoin being traded in the stock market? Isn't it supposed to be a decentralized currency? Who can use it if is worth $20k to have one Bitcoin and going up day by day. The point of exchange is so volatile that I think we just trashed the whole purpose of this Bitcoin.

[@dellapatrick9096]

Trading is very profitable with the help of a seasoned broker managing your trading account

[@gilbertwarren3435]

Investing in Assets is the cheat code for having a successful financial life.

[@rebeccapercy3795]

You are right, I thought I knew it all when I was practicing with my demo account

[@johnwilliam4402]

@Dalton Andy You're right..most time having knowledge or insight about a particular activity can as well be a pleasing exercise.

[@winbig5887]

That,s true most people today have been having a lot of failures in trading sector because of bad platform and poor orientation.

[@alexhwi]

What Buffett talks is always pure common sense about investing that sometimes people forget because of excitement of speculation or gamble

[@charmander777]

i wonder how he missed out of Amazon and Google ? lol i guess it was common sense to dismiss all the tech hype of the early 2000s

[@adibabdullah6633]

I agree

[@adibabdullah6633]

Brian Yvr Google and bitcoin are not the same. They are nowhere near the same.

[@missionpupa]

The stupid thing about comments like this is you only look at warrens homeruns but not his strikes. This is Th e same guy who bill gates approached and begged him to buy Microsoft before it blew up and just ignored him

[@yaboiyaboy9980]

@@missionpupa The thing about Buffet is that while he's missed opportunities, he rarely loses money. That's because he only invests in something that he knows for a fact is going to be successful. I think he's partly on bitcoin. Bitcoin is not something meant to invest in. It's mean to be used for transactions. It's only being used for investment because of people trying to get rich.

[@gambate1000]

This is the guy that turned $100,000 to $84billion . I'm definitely going to take heed of what he's saying rather than listening to many commenters here ,who have surely not achieved the same feat as Buffet :)

[@fredericduperre2045]

Komathi Sukumar sure Buffet used to be "the oracle of omaha". But he missed everything about the tech. He is not a "visionary guy"... google what Buffet was saying about amazon and google back in the days... he missed EVERY tech breakthrough.

[@ReeLSpirit]

Komathi Sukumar this guy doesn't understand bitcoin... He thinks it's only buying at a higher price lol people use bitcoin to buy certain things. Do you can price bitcoin at any price, as long as you use it right away, you don't lose money. The seller makes money while the buyer uses it to make a purchase. Everyone is happy

[@jaykay3811]

Gotta love it when keyboard warriors think they know more about investing than a guy who made 85 billion doing it

[@georgesotiriou7051]

He's given away more than 15 billion already. So 100 billion +

[@furdiebant]

Komathi Sukumar that’s purely down to inflation. 100k in 1900 in like 50 billy now.

[@williamdrijver4141]

A great mind, humble character, lots of common sense and, well, about 70 years of investment experience. I trust Warren and Charlie 100 x more than all of Wall Street combined

[@elliottcovert3796]

I believe Warren Buffet himself once said "many more careers on Wall Street have been made through salesmanship ability than investment ability."

[@frontbattles8090]

He doesn't know about anything in crypto and is so old he will be dead anyway when it blows up lmao

[@bigpoppa192]

​@@frontbattles8090suck it loser, he's Warren Buffett

[@dasemifake]

@@frontbattles8090 You are a better investor than him

[@destineeknight5261]

what the point? Lou Elis Peterson was right !! hold or mine it

[@cryptocole239]

what

[@crustycurmudgeon8405]

Yes she was right , ever since I know about her I’ve never made a single mistake in bitcoin mining or hodling,I appreciate her effort and support effortlessly,she’s really one of a kind .

[@brankelly1921]

@@cryptocole239 lmao it's just fkin bots man. @youtube you listening?

[@drtij_dzienz]

Buffet knows how to make money, but he doesn’t know how to buy drugs on the internet

[@zszsdzxkjvnzkjlnvlzkjcnj]

wait you know ?😮

[@sid35gb]

mcnet how did that work out for him?

[@aza04a]

I doubt he knows how to buy anything

[@jamesgreen4212]

@NoseKey And cartels are effectively companies! You buy a drug farm, and at the end of the day, you also earn profits. On top of having your farm! XD It fiscally still creates VALUE

[@jonasdj101]

@Se A Idk, maybe Steve Jobs and Bill gates? They both used LSD and they became pretty huge. Sigmund freud also enjoyed his cocaine once in a while. As do many rich tech giants in silicon valley today.

[@BeautifulNaturalDramatic]

Warren Buffet is a down-to-earth businessman - talks total sense as opposed to total BS

[@Nautilus1972]

He's talking total BS here ... look a the price of bitcoin now $12K, in 2019 it will be $218,000. He's a fool that doesn't understand BTC.

[@dane5854]

Nautilus1972 bro if that doesn't happen your gonna feel like a 🤡

[@hijikatakun000]

Nautilus1972 3/4 of 2019 is gone now, where is the $200000 per coin?

[@realworldissues]

@@Nautilus1972 he makes more than you ever will your entire life in an area which he's an expert in with many more years of experience. And you think he's a fool smh

[@alorgb7440]

@@Nautilus1972 fool? Excuse me are you a billionaire?

[@DarylSolis]

Plot twist: after this interview he created Buffcoin.

[@virginiaarmstrong8152]

lol

[@MeKaustubh17]

@@virginiaarmstrong8152 😍😍

[@foolinnetwork2254]

Magic hahah

[@crayonbouzu8578]

Lol

[@xArchesx]

he bought some

[@thereamintle2062]

An investment in knowledge pays the best interest."

[@michaeljamila7873]

Yes, forex investment, I heard it's very profitable

[@pedrosebastian4801]

Yes, true but I don't know anything about.

[@vitoriaangela370]

I have heard so much about forex how does it work

[@jenniemcneil7821]

Did I hear someone say forex?

[@jenniemcneil7821]

Do you believe I invested $4,000 and got paid $51,070 in seven days?

[@abdulnafi5286]

This is the man who surely knows the game and doesn't fall into the "trap"

[@RedDeadClips]

He knows stocks but no bitcoin.

[@kwanchitse25]

You get that right !

[@abdulnafi5286]

@@christophschreiner832 let me give you a second told bro, according to robert kiyosaki in an interview, recently warren buffet made a "strange manuever" to sell most of his stocks then buy phisycal gold, it is strange becouse warren buffet is famous with statement that phisycal gold is the last thing he would considered as an investment, btw this PLANdemic thing is very fishy bro especially in terms of global monetary system and stock market in particular

[@abdulnafi5286]

@@RedDeadClips but he knows how monetary system works and who "controlled" it

[@BlackGT1999]

@@abdulnafi5286 lol plan-demic. Wow

[@JOHNDOE99663]

Anyone else seeing the insane amount of bots in the comments lmaoo

[@ProfessorFickle]

bitcoin bots ....bitcoin trolls...yup.

[@karandras2854]

Scammers, report them

[@ProfessorFickle]

Tamela Huang : bot 🤖 bots ...I would like to than bots

[@ohyesitsyouagain]

Yes! There’s Mrs Jane’s and Mr Bill and all these Mr’s it’s crazy!

[@jakel8627]

Those f'ing bots are crypto nuts who live in a basement and have nothing better to do than try to make the internet push the price of Bitcoin up

[@mazlofox7317]

the bitcoin community is being trolled by berkshire hathaway.

[@nighttrain1565]

@peace keeper lol say wuut? Uhm... i open my wallet, I type in my passphrase, and boom access i get access lol. Not even internet is needed. Or are u talking about Fiat?? I could see fiat getting locked up once BTC takes off but not BTC ironically.. nobody is between crypto and its keyholder bro... thats kinda the whole gig man. Welcome to crypto!

[@williamwilson6499]

Truth hurts. Bitcoin will never be a viable currency/payment system. It’s future is solely with its being adopted as a replacement to gold.

[@jamesmhango2619]

@@williamwilson6499 yes. But other crypto are solving that, smart contacts, gambling. We have not defined what money is. Is it not just confidence.? It may not be Bicton eventually but there we go. Forgive Mr buffet.

[@williamwilson6499]

@@jamesmhango2619 Innovation is the key. The future is digital...something better than Bitcoin.

[@alicelu5691]

yeap... and they got bankrupt afterwards

[@mrclmalatji8910]

warren missed both the internet and blockchain technology. but somehow he is one of the richest people in the world, it goes to show that sticking to what you do best is also a good investment.

[@faizanhaque2070]

Great observation! True

[@Davidjune1970]

His investment company successfully uses the internet to trade. What he didn’t bet on was kids making dot com companies that were winging it hoping to make it … which was true common sense to avoid investing in them. Majority of those companies failed.

[@CombatProfessional]

He is talking about the 95% of first time investors who are sinking life savings into Bitcoin. This is what's driving the price, thinking they will get rich... when it's of no real value. Understand what he is meaning by Farm has a value... in any currency or exchange.

[@umoramayori]

Bitcoin is of no real value? How much are the banks worth, and their derivatives? How about the central banks, what are they worth? Add those two together and you have a real idea of what bitcoin is worth. Nevermind the innate benefits that you cannot achieve in current systems. If this was 1900, and people were talking about debit cards, there would be the same pushback.

[@andreasmelkersson3592]

I think the future of cryptocurrency remains bright but you can't really deny that the market is very volatile and the price points of both altcoins and bitcoin can drop like nothing else. This just doesn't happen to broad index funds and blue-ship stocks.

[@daisydaisy7809]

​@@umoramayori your idea is based on the anticipated massive implementation of bitcoin or other crypto in real life use case scenarios. Sadly none would use a volatile currency to purchase something. Central banks are not worthless. We use the fiat money they print to buy things.

[@daisydaisy7809]

@@andreasmelkersson3592 agree. I think the future of cryptos are promising as long as smart minds keep exploring blockchain technology and blockchain finds real use scenarios.

[@danielf2018]

“No real value” As COM uses a Protocol to send his comment cheap and fast 😂 #Irony

[@bluenightsky]

He's basically saying investing in Bitcoin is like investing in WeWork.

[@LouPalumbo]

Shannon S or the fed

[@JoelAntwi]

😂 WeWork was the first company that popped up in my head when he was talking about investments👏🏾👏🏾

[@baritonewoman2540]

Yep, and look what happened to WeWank. Tee hee.

[@dsanti4069]

Bitcoin is not a company(equity) its a currency . You’re just exchanging fiat for crypto . Why can’t people understand this ? You can’t compare bitcoin to a company , because they aren’t the same !

[@aaayhvcvb3219]

Dave Santiago Yes but people use it is an investment far too often and it is too volatile to really use crypto as a currency

[@cassiejacobs4197]

If you want to be successful have the mindset of the rich, spend less and invest more,. Don't give up your dreams, I pray whoever likes and reads this will be successful!

[@lovecricket6736]

@Lucas Hudson You're right Sir

[@lovecricket6736]

Should i buy Bitcoin now and invest?

[@royalhighness8383]

I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this

[@claresmithy4667]

Any specific guide?

[@claresmithy4667]

I'm a beginner, i don't want to make any mistakes whatsoever

[@mockingbirds7375]

it obvious that people till now don't understand that they need Lou Elis Peterson as their cryptocurrency manager. I am making a lot of Ms through her.

[@pokee1432]

Oh so you know her ? She’s one of the best crypto currency’s manager I have ever met very talented in her profession in managing crypto assets for people who are newbies to crypto.

[@themuiz9671]

Shut up scammers

[@twitch4836]

@@themuiz9671 on god, all these people keep saying the same stuff while posing in their "business attire" its so cringe 😂

[@donloud2036]

When he speaks he makes me want to cough for him

[@travellinggoose]

True!

[@firstlast9731]

Same with Fauci lol

[@erikpaterson1404]

👍👍I’ve tried to clear my throat a few times already

[@davidwoode-nabb3093]

That's true , it make me swallow saliva 😂

[@chacha-dh1gj]

I feel bad for him but man he's holding that phlegm like his investments

[@rustyscrapper]

Don't forget that bit coin also consumes monstrous amounts of electricity. So it is an asset that produces nothing and consumes energy at the same time. It is like owning a factory that pays electric bills every month and makes nothing except more factories that consume electricity.

[@Scyber_Official]

What about the costs to keep gold reserves safe? Fort Knox spends tremendous amounts of energy and manpower just to keep it safe. Cryptos are forever through the blockchain.

[@samcolton943]

To mine them, yes. What about when they're all mined and the set amount of btc is now in regulation?

[@Tom-ys2ny]

@@samcolton943 The mining will just continue running on trasnaction fees instead of transaction fees + extra coin

[@miket0o]

Just like cash lol

[@michaelhernandez8772]

@@Scyber_Official you missed the point. At least with gold there's a physical asset that bitcoin does not provide. Also gold, along with bitcoin, is not manipulated by the government. So ya bitcoin is consuming so much energy while providing nothing at all.

[@JuanCarlos-sd3xx]

He has also said that he doesn’t invest in something he doesn’t understand...

[@jimmyf1446]

Doesnt mean he invests in every stock he knows about

[@nczioox1116]

Better than investing in something you don't understand

[@liang890330]

Buffet understands Bitcoin and decides not to invest in it.

[@Xxrocknrollgod]

Yup

[@Kakashi_hatake1334]

@@liang890330 no buffet when it s comes to technology is a child with all due respect he said the same thing with amazon and google the price now is up this video aged like milk

[@chrispaul3778]

Most people venture into crypto to be a millionaire, meanwhile, I just want to be debt free

[@jeremygood3246]

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich

[@samuelroyal3818]

Wish I knew about crypto trading earlier.stock is good but crypto is better. Brace up and get yourself a bitcoin before it's too late.

[@doragary3717]

@wilson Adams Crypto is the future, investing in it will be the wisest thing to do especially with the current rise....

[@stevewilliams760]

Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..

[@maxiecharles2842]

@wilson Adams stock is good but crypto is better..

[@trueboxingkings3721]

Bitcoin never made sense to me. It's supposed to be like new currency that's meant to replace our current currency. But you can only get it by spending existing currency (USD ect), meaning that it's backed by our standing form of money. If everyone pulls their cash out, I would assume a Bitcoin would be worthless then. I believe most of Bitcoin investors are just that, an investor trying to make money. Not necessarily someone who understands what it is through and through. I've asked everyone I know that's into Bitcoin. When I ask them what is it exactly, most of them say "it's online money that everyone's buying so they're jumping in to to make some extra cash." The rest knew a little but not much either. What exactly are you buying? Digital currency backed by existing cash? If so why not just use Paypal, you use your cash as digital currency, no? Paypal just doesn't convert it to Paypal coins and have you selling it back and forth to eachother. They just keep it the same. You deposit $1000 cash and now you have $1000 value in digital currency. I don't know, maybe one day it'll make sense to me but today it sure doesn't.

[@lifes40123]

do u know what blockchain technology is? if you understand blockchain, you’ll understand its more than just digital cash

[@trueboxingkings3721]

@@lifes40123 Blockchain is just a form of data transfer and storage. It's still leaves bitcion as digital currency backed be our existing currency. What makes bitcoin valuable? Why do ppl what to own an imaginary coin? I don't get it, lol. Blockchain is good for what it is but it doesn't change what a bitcoin is. I'll keep reading around but I haven't found anyone that can tell me exactly why people want it so bad when Paypal, ect can also convert your cash to digital currency without risk of losing it in a crash. I only see it's value through darkweb purchases for illegal stuff.

[@ph_hacker_d]

All valid points. The things that come to mind for why I think bitcoin is important: - inflation of currency (dollars, euros, etc.) - decentralized operation - digital In regards to inflation, fiat currencies by design inflate over time. So ultimately, a dollar that you have this year will buy less stuff the year after that. And so on and so forth. Just look at chart of US dollar value over time. During different periods of time, inflation can fluctuate. In this case, something like gold (or bitcoin) is a hedge against that inflation. Gold gets produced at a slow amount each year (literally because nature dictates that). bitcoins inflation is deterministic (look into bitcoin halvings). Furthermore, there’s a capped amount of bitcoin that will ever exist. You cannot say the same about any fiat currency. In regards to decentralization, many bitcoin miners in different countries ensure that the bitcoin blockchain is secure and transactions are valid. No one country owns it, and no one country can shut it down... or dictate how many bitcoins can be created. You cannot say the same about fiat currency. Now the last thing is digital. If you agree with/see the value of the two statements above, then you’ll see why people think bitcoin is valuable. If we expand off of that assumption, then: - being able to send large amounts of that currency to other parties, doesn’t require sending massive amounts of physical matter around the globe. - The cost of sending becomes the cost of a transaction (e.g. electricity used by computers to send info over internet) - we no longer need a bank to verify the transaction - to me this is similar to the notion of CDs/tapes -> streaming, or physical mail -> email This year is a perfect example of how a central government can essentially print currency with no bounds. I’m not one of those who’s against government, but ultimately if I leave dollars in my bank account, they’ll naturally erode over time. Owning assets (real estate, stocks, commodities, crypto) are just different ways to gain value. But to me bitcoin fundamentally has the potential to be as powerful as the internet. So I’m my opinion, it’s almost risky to not have 1% of your portfolio in this asset class. But yea, no one knows for sure what the future holds. Do your own research, and make your own financial decisions 👌

[@tonevays5545]

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[@muizalimi3951]

Warren Buffett is one of the greatest investors of all time. He invests. He does not trade and he doesn’t speculate. Cryptocurrency involves a lot of speculation as to what price people will be willing to pay for it in the future. That’s not his game. Personally, I think cryptocurrency is a decent enough asset class to diversify your portfolio. And as for trading, well I think it’s just as good as any other instrument. But regardless of how high people expect it to rise, your portfolio should never be to focused in a volatile and unpredictable asset like crypto. For the average person dollar cost averaging into an index fund should be good enough.

[@NeonGen2000]

Yes, this is my biggest problem with Buffet. He talks down towards different forms of trading simply because he doesn't understand it. It's not his game. He's like a carpenter critiquing blacksmithing. And speaks in a way as if everyone should just be a carpenter as it's the only way to success. But the man has zero arguments when he is asked about James Simons and his success. I don't get why people listen to Buffet when they look for advice on speculating, the man is clearly biased against it.

[@vlonebandit3359]

Nope. I disagree with everything you’ve said. Your letting other people’s opinions guide your views when in reality. U don’t even know what cryptocurrency is. And u don’t know how bitcoin works. I hate people like u. People who comment on something they know nothing about and just take the opinions of others

[@NeonGen2000]

@First name Last name Market regulation by both exchanges and governments are biased against speculation. Because for some reason these people need to be protected against themselves and banks aren't allowed to fail.

[@NeonGen2000]

@First name Last name A controlled market is not an organic market. Speculation works based on studying naturally occurring patterns in what is essentially mass psychology. Nobody claims it is a perfect science which will guarantee you profit. I'm not saying all regulations disrupt this, specifically the ones designed to stop or severely limit speculation. Those that stop naturally occurring patterns from happening. Like a bank that is supposed to fail in a free market which is saved by magic money from the government in a controlled market. Or the many regulations which exist that are supposed to "safeguard" speculators against themselves, massively raising the barrier to entry in the market. Explaining is difficult for me, English is not my first language.

[@zaf2643]

@@vlonebandit3359 are you a millionaire after investing in bitcoin? 🤡

[@ToThoseWhoVanished]

Never buy a thing you don't understand n explanations are unavailable

[@MrWubly]

Thats great I understand how crypto works and the explanations are available out there.

[@warrenwong4518]

@@MrWubly Have you made good returns?

[@MrWubly]

@@warrenwong4518 actually I invested around 4k of my summer savings, and my ethereum wallet is nearing 9k. Few months of progress has been nice. Its quite volatile but im learning when the right time is to exchange for stable currency so I csn enter in on some trades for cheaper. There is alot to learn, and I'm happy 4k has turned into something larger!

[@warrenwong4518]

@@MrWubly Thats awesome. Just be careful. Most (98%) of traders lose money on average in a 3-10 year span. Its tough out there

[@Hboogie182]

Everyone who have 401k don't even know what a target date fund is or how it works but yet they still invest in it.

[@leahdouglas7127]

Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating...

[@madisonhuff5148]

all you need now is a professional trader else you will continue making losses

[@jessicajenkins9451]

As a beginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker

[@gracewolf8553]

This is the perfect time to invest in Bitcoin because of the rise in Bitcoin.

[@patrickdavid1525]

Well, you are saying the fact. I invested $4,000 with Mrs Sophia, and earned $12,000 in 7 working days.

[@johansson5004]

Greetings from Florida, I have read lots of reviews about her in many platforms, she must be a legit woman.

[@jerryclark433]

I still think buying a home is the best investment any individual can make..

[@mooniamborepiied5053]

Wow, that's a great and nice ideal..

[@tommycruise1295]

I think investment psychology is by far the more important element, followed by risk control. With the least important consideration being the question of where to buy and sell.

[@migueltherapy7450]

Bitcoin trading nowadays is a big change to make money...

[@nelsonwax1564]

Bitcoin trading right now will be at every wise individuals list.. In few minutes you'll be ecstatic with the decision you made today..

[@joyfundx9146]

Bitcoin: Is the only true democracy ever exists in the world..

[@ebijacob9876]

Financial inclusion works hand in hand with financial literacy. And when the latter is lacking, many would see the potential risks involved in this. To instill market discipline, an understanding of what u invest in is really important.

[@Banker_by_God_grace]

Just wow🔥🔥🔥

[@saltymonke3682]

I'm looking back at this video just to laugh at the comment section

[@travisdt]

Come back and read again

[@cooper3795]

I'm looking back at this comment to laugh at you

[@dht-f2p]

Laugh at people yesterday...tomorrow they will laugh at you... just be kind to every body... be happy together what ever btc is 😊

[@soonermagic24]

Well bitcoin is headed to 40k by years end.. soooooo

[@dontreadmyprofilepicture5535]

@@soonermagic24 sure about that?

[@_clint8715]

bitcoin is an good asset when you have a good cryptocurrency strategist and a manager, who manages your crypto assets like Lou Elis Peterson.

[@UnCannyValley67]

Seems legit. Said none ever.

[@stormboxer929]

ooh You're right you work with her also ?, she had really made a great impact in the society ,.I'm glad you work with her also.

[@brandonc.5072]

I met Louis Elis Peterson in London last year ,I must say , she’s a very though and highly trained professional in what she does. Glad to see a comment about her. She’s all managing my crypto assets On her suggested platform which has really given me good benefits, I hope reach a million in cash this 2021 through her.

[@themuiz9671]

Shut up scammers

[@leebrown3864]

Cryptocurrency/bitcoin trading is the best profitable bussiness. you can make huge profits just shot period of time, when you invest a certain amount in bitcoin you make so much profit....

[@terrysmith9033]

Most times I have knowledge or insight about a particular exercise. I can boldly say forex and crypto trading is one of the profitable money exchange...

[@henryjameson4006]

It is estimated that over 40,000 and 300,000 people have made a massive one million dollars in bitcoin depending on the type of broker involved, for every investment to yield earnings a professional.

[@hillaryluis7067]

As a bitcoin trader it's most inevitable that you're going to experience some set ups and downs along the way, alertness and decisiveness are both fundamental ingredients....

[@danielscott4845]

Speaking of bitcoin trading, it's the most business in the world right now, I know a couple of friends who makes a whole alot of money trading in financial market.

[@emilythomas2474]

Cryptocurrency/bitcoin trading is a way to force your money to make More money for you.

[@brucewillis2]

When people get very upset and try extremely hard to get more people into buying it, that's a huge red flag for me.

[@brucewillis2]

@@OneWayTicketwithScottAnthony I take it you're also watching it crash right now.

[@keennanvisga4133]

Digital currency is the future of money

[@brucewillis2]

@@keennanvisga4133 I'm sure it will be eventually. But right now its a scam. The fact that anyone can simply create a digital currency with zero actual value makes no logical sense at all. Nobody currently uses it for day to day purchases because its far too volatile. People are only interested in it for investment purposes. While I do see a future in it, it has to be done right. This is like investing all your money into MySpace before Facebook arrives.

[@onemore7108]

We dont care if you miss the boat. Bitcoin at 22.5k right now

[@brucewillis2]

@@onemore7108 the fact you took the time to reply means you do care, otherwise you wouldn't bother replying. Bitcoin has no value, its a digital currency barely anyone accepts that only works if people get hooked on the hype. Bitcoin is the ultimate pyramid scheme, without new suckers buying into it the whole thing would collapse.

[@markbenjamin7078]

What an amazing video,this is exactly what I need as a motivation to trade Btc/Fx

[@summercarter7805]

Shorting the right stock at the right time is a good way to make money

[@cerysferguson8782]

People are ignorant of the profitablity in Bitcoin investment and that's been there major issue limiting there investment

[@candaceminick5700]

I'm so skeptical about this whole trade of a thing

[@contactexpertmrsisabellapo3341]

Stock are good too

[@marynelson834]

@@contactexpertmrsisabellapo3341 Of course stock are good but Bitcoin investment is great unlike the stock market, it has no centralized location since it's operates 24hrs a day in different parts of the world

[@SayanKarmakar]

Whenever he says "significant amount", I have to gulp down twice

[@ludviglundin4112]

"The dollar is an asset that creates nothing"

[@tednguyen8310]

dollar is universally excepted currency

[@mellestompe]

@@tednguyen8310 you can't use dollar in india🤣🤣🤣🤣🤣

[@chasezoeller875]

You are correct as goes for every currency. It is just merely a means of exchange.

[@Iamjulez27]

Mass Psychology dictates fictitious and fraudulent value…length of Time, breadth of good health, and loved ones are the only true intrinsic assets any individual can ever behold.

[@TheWorld4all]

You sound like a person who needs to be told to wake up and smell the coffee.

[@Jody8337]

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[@SimonKelly7836]

Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

[@Rudenz8]

@Chad Campbell Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.

[@Jody8337]

@Dwayne Wright Hello Do you trade on your own?

[@Jody8337]

@Dwayne Wright That's impressive. Are you giving her your money or the money stays in your trading account? What's really the idea behind copying trades.

[@Jody8337]

@Dwayne Wright Is her service available outside of the US? As her broker is registered in the US.

[@shllwmusic5639]

I don’t know a lot about Bitcoin but from what I’ve learned it seems like the value it creates is that it solves a (potential) problem regarding mistrust in the financial policies of governments and currency devaluation. Like gold, it serves as a potential safe haven for assets so even though it doesn’t produce anything there’s still value from the problems it claims to solve. But until those expected problems become more apparent and becomes widely accepted enough by corporations, it seems like speculation to me.

[@bruhbruh1993]

Bitcoin is actually pretty simple, you don't have to be a computer programmer to understand it. (Remember that you don't have to buy bitcoins in individual units, you can buy 0.5 bitcoins, 0.01 bitcoins, etc...) Bitcoin's main point is that unlike the US currency, it is DECENTRALIZED. Decentralization is simply the EARTH of Bitcoin... And so is the fact that it CANNOT INFLATE! I know what you're thinking, "but the price of bitcoin inflates and deflates every second, are you stupid?" And that's a good question. The reason why it still inflates is because it hasn't reached its maximum supply yet: also called the supply cap. The supply cap is 21 million bitcoins. Once we reach that, not one more bitcoin will be mined. This means it would not experience any inflation due to switches in supply, only in demand; being less volatile. Bitcoin also removes the middlemen that the US dollar has, being the bank. The bank puts fees to merchants, which artificially raises the prices of goods and services. Bitcoin does not need any of those fees, which helps decrease prices. Bitcoin achieves this by, instead of verifying transactions through a central authority, it uses a network of decentralized computers that voluntarily installed the software in order to check Bitcoin transactions. Each transaction is called a "block", and the blockchain is all of these blocks one after the other, like a chain! And it's UNHACKABLE, because you have no time to hack the blockchain before transactions are completed. In order to prevent people from overwhelming the network, there are things such as: fees, transaction waiting time, and encryption. Encryptions are cracked by the computers, being what bitcoin miners do. They are rewarded with bitcoins (being where the fees go). Recently Bitcoin crashed because of several reasons, but it's gonna have another bullrun in a few years (as it always did, because it crashed in the following years [these are just a few examples]: {...}, 2013, 2017, 2020). I'm not saying that you should put your savings into it, I'm saying you should invest SOME of your money into it as a future very long term investment. I'm personally investing in Bitcoin in early 2022, because right now bitcoin is still decreasing and I'd rather buy more bitcoins at a lower price, and it'll "crab" from 2022 to possibly 2023 or 2024 because another bullrun comes.

[@truegamer_007]

@@bruhbruh1993 I'm sorry but bitcoin and crypoto's biggest advantage is actually its disadvantage. Being decentralised means it's value will actually keep fluctuating forever. It's never gonna reach a point of stability. Real like currency being centralised means that it can actually be regulated and people use it because they are confident in its long term value and stability. I know the intention was to replace currency, but I think it has already failed. Bitcoin is only popular now because the price keeps rising. Once the last of bitcoin is mined, it will lose it's value as an investment and fade into obscurity.

[@bruhbruh1993]

​@@truegamer_007 1. Bitcoin hasn't reached its supply cap yet, this is why it is hyper volatile. 2. Bitcoin does not "always go up", it has a bullrun every 3 to 4 years, then crashes and then crabs for the time in between with very little difference. Bitcoin is only useful to make money off of during bullruns, but a very good currency before and after bullruns. 3. US dollar is very overrated, it being centrally controlled means that the controllers can print as much as they want creating inflation in the process. The real inflation rate is over 5%, because CPI only calculates 33% of inflation. Therefore, the US dollar relies on infinit demand. We printed 40% of all US dollars in 2020, we're still experiencing inflation. 4. There are MULTIPLE cryptocurrencies, hundreds of thousands even. 95% of them are scams, but among those who aren't, some are called "stablecoins", and they are basically just as stable as the US dollar. New ones are born every day. 5. US dollar does not include smart contracts, storage units, no way to contribute to the US dollar network to gain profits *since there are none* , and it relies on trust in the government, which is unsustainable. Meanwhile, cryptocurrencies like Bitcoin relies on trust in the blockchain; of which cannot be hacked. (Most of) Crypto > fiat

[@truegamer_007]

@@bruhbruh1993 1. So wait till 2140? Really? 2. A currency that periodically becomes usuable is impractical. 3. Never specified US dollar. US govt is one of the worst culprits when it comes to regulating the banks. That's why crashes like the 2008 crisis happen. Countries with more regulation and tighter control on banks and currency are better. 4. Unless everyone rallies around a particular one or someone comes up with a way to integrate all of them together, not viable for everyday use. Why? Cause money needs simplicity and stability, multiple choices just create confusion. 5. You and me understand blockchain and trust it (probably you more than me, since I don't trust it 100%) but that's not true for most people. A lot of people investing in bitcoin don't even understand how it works. You can argue people will learn, but most people don't even know how their smartphones work. Something that we use all day. And about trust in govt, depends on which govt and currency you talk about. I'm not an American, can't speak for US govt. But I can say that if you can't trust your govt to keep the economy and currency stable, you have bigger problems to worry about.

[@bruhbruh1993]

​@@truegamer_007 The amount of bitcoins made decreases over time, which means that eventually so little bitcoins are made per year that it doesn't affect the supply at all. We don't need to wait for 2140 for this to be apparent. The US dollar also has cycles, except that this time it never goes up; only down. We have an average annual inlflation rate of over 5% with the US dollar, not 2%, because CPI only tracks 33% of inflation. Then, every now and then, the FED just prints tons of dollars in one year due to a recesson causing the US dollar to go down massively. For example, the US dollar has recently gone down 5.3% every month for 5 consecutive months. Don't tell me also that holding bitcoins is better than spending them, because that's very logically fallacious. If I were to spend 1000$ worth of Bitcoins, most people would think I'd be a fool for not just holding it until it 10x. But if I were to spend 1000$ plain cash, people would think that's OK... This makes no sense, because on the ladder spending, I could of also just bought 1000$ worth of bitcoins and held through. Therefore, there's no need to worry about future price fluctuations. Also you can't trust any central entity to take care of the economy, it is impossible to take in all of the factors to do the right thing in the economy AND trust them to never be corrupt. What do you think caused the housing crisis? The FED is decreasing interest rates for mortgages to the point of overborrowing and overconsumption of real estate, causing a bubble that will never end until we increase interest rates, this also includes for planning laws that make it harder to make any homes. ALL fiat currencies depend on trust of the government, not just the USD. Bitcoin is not the only cryptocurrency, there are thousands more. Each of them with different purposes. You know that the Blockchain can be used for more than just storing transactions, right? It can store other forms of data, smart contracts, of which these smart contracts can include transactions, votes, etc.... You don't need to understand every aspect of Bitcoin or any other cryptocurrency, because obviously you don't need to know how the US dollar is printed, what it is made of, and why it's made like that in order to use it.

[@katerinaturre362]

If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key.

[@NancyKWeber-c4x]

I value your perspective and content.Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Craig Reeder, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make him an invaluable ally in navigating this new era in cryptocurrency investment....

[@NancyKWeber-c4x]

He's mostly on Telegrams, using the user name

[@NancyKWeber-c4x]

CraigReeder

[@ShahShubham-yg4ni]

Well this is not my first time of seeing his name on social platform. I think he's extremely brilliant and lucrative at the same time.

[@bluecirrus4772]

Craig Reeder expertise is widely recognized across the internet.

[@SethMerriman]

Spot-on, I would always rate his signals as one of the best ever used 100% accurate.

[@ashleykaycefx3969]

Did he say beginner friendly???... I'm still very confused about this bitcoin investment of a thing. Anyone please explain

[@owenw2232]

Lol I can relate, years back this bitcoin investment sounds like mathematics to me...

[@joelobed9999]

Every week new supplies of newbies are needed to sit with us and tell us when to trade.. in less than a week they quit from frustrations... Hahaha🤪🤪

[@owenw2232]

It's all 'bout risk management . You can have a winning strategies and still wipe your account out

[@steffan9451]

Good trader risk 1% on every trade and also 3% to month-to-month is a good risk. But with an expert bot. You can make an stimulus plan on risk management making 89% of profit weekly

[@benallykim2669]

Nice strategy . Can't wait to try it out. But damn holding a trade for months? That right there is patience

[@melroydecouto6491]

Warren Buffet is such a pragmatic person. I love his views!

[@gauravverma6775]

He is the most powerful person in the world, Third majority stakeholder of Apple, Multi-billionaire, Person who predict almost all market crash, his company have $811B in assets and people said that he didn't understand Technology(Cryptocurrency) Seriously

[@richhornie7000]

That's how arrogant these 17 years old are. Truly a generation beyond salvation.

[@dasc0yne]

I love all the two year old comments that exclaim, "Bitcoin was just at $7500 and just crashed down to $7000! It already looks like it is starting to fail. See? Buffett was right!" FYI. Today it is at $39,000. Some of us are sitting pretty. It's not too late to join the party, people. Maybe I will post here again in a year to see where it is at.

[@hanzoverlord6720]

Yeah same it’s still around 38k $ atm of writing this comment ( Early June).

[@dasc0yne]

@@hanzoverlord6720 it was at $59k for a while until Musk's Twitter posts drove it down. He said he was no longer accepting Bitcoin to pay for Teslas and started pushing DogeCoin. Ironically, he's not getting rid of any of his bitcoin. Many, including me, think he's deliberately manipulating the market. This drop is a golden opportunity to grab some. Think long.

[@hanzoverlord6720]

@@dasc0yne Yeah, and those Panic Seller are just bruh

[@nslcap]

"Maybe when he (Charlie) gets a little older he'll mature..." haha

[@clintdeck5571]

THE RICH GET RICHER BY SPENDING LIKE THE POOR AND INVESTING AND THE POOR GET POORER BY SPENDING LIKE THE RICH AND NOT INVESTING

[@isabellaolivia6257]

To become successful with building wealth, you have to work for it, either technically or let others do the work for you. Many people crave for success, but they are not ready to pay the ultimate price that will make them successful. Success does not come in a day, but you have to take the risk to become successful. 2020 was a year that taught everyone to be smart with whatever they are doing financially if they are to achieve the success they crave for. The coronavirus global pandemic shut many institutions from functioning thereby rendering more people jobless, and investors lost more than they ever thought. I was glad to achieve my success when I read through a post about bitcoin and how to get started properly with the help of a professional named BITLORD247. I was a novice to the cryptocurrency space, but BITLORD247 helped me to achieve great success, he taught me how to invest in bitcoin, how to trade daily, when to trade and the best asset to trade with. He provided me with regular signals and guidelines on how to trade, even the dip in the global market in March did not have any effect on my asset. I was glad I was able to start my crypto journey before the pandemic now, and now I hold some reasonable amount of asset while trading daily to keep more. If you are an investor or you are just a regular person looking to upscale and make more during this period, why not contact BITLORD247.COM now on and be rest assured that he will guide you to start off properly.

[@chinazoucheaga4825]

A man of wisdom. It will do me well to think deeply about what he has said.

[@jish55]

Same with gold, silver, platinum, and any currency known to man, yet we still value those for some reason.

[@johnpijano4786]

But gold in technologies? Gold as a tool for status symbol objects. Gold as a usefull form of physical currency

[@MazdaRX7007]

We actually need gold and in electronics and platinum in other tech.

[@dolpsum8492]

Gold can be used in a lots of electronics . Unlike crypto that is basically nothing in general without the numbers added to it.

[@2bituser569]

@@MazdaRX7007 That’s a modern use for metals. We didn’t always use electronics. Status isn’t important.

[@2bituser569]

@@dolpsum8492 What is KZbin or Google or any electronics without the one’s and zeroes added called firmware and software? Most our modern banking system is already digitized on centralized databases. If all people ran on the banks only small percentage could get all their money withdrawn in physical cash. I don’t see the argument against crypto that it’s purely code so isn’t worth anything. Programmers sell code for millions but its code just code.

[@haileyryder7415]

Successful people don't become that way overnight, what most people see at a glances of wealth, a great career purposes is the result of hardworking and hustle over time.

[@franksmart3826]

Fear is a dengerous components, hindering us from taking bold steps we need in other to reach goals

[@jaydenethan584]

@@franksmart3826 Yeah your right, I personally spend more than six month doubting Mrs Annabella Ryan investment platform.

[@jaydenethan584]

What i love most about Mrs Annabella Ryan is the fact that She's not like other brokers that will start telling you stories and excuses why they trade didn't go well after collecting your money

[@lucasethan3942]

@@jaydenethan584 Have trade with her for more three years, I have 15 wins 0 loss

[@lucasethan3942]

My advise to any intending investors is to try Mrs Annabella Ryan investment platforms, her trading strategy is really working for me cutting losses and ensuring profit.

[@harrybenson7801]

It is estimated that over 40,000 to 300,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs KATIE WALLACE is a professional broker who manages,handles and gives guidance on investments to get good profit.

[@tessydickson9836]

Wow! its surprising to come across someone acquainted Mrs KATIE . She has really changed my life.Thanks to my brother who refered me to her, shes one of a kind.

[@judestones3881]

I invest with Mrs Katie too,she charges a 20% commission on profit made after every trading session and thats fair compared to the effort she puts in to make huge profits.

[@sophiaobrien6582]

As a bitcoin trader, it's almost inevitable that you're going to experience some ups and downs along the way. Alertness and decisiveness are both fundamental ingredient in the recipe for a successful bitcoin trader.

[@jamesobrien8485]

please can you tell me more about bitcoin trading i want to start trading

[@kevingeorge9787]

Speaking of bitcoin trading, it's the best business in the world right now. I know a couple of friends who make a whole lot of money trading the financial market.

[@DannyBPlays]

He's looking at it like a stock. It's a way to store your money and the more people buy into it, the more it's worth. But it's not a stock and never attempted to pretend to be a stock

[@medicsoldier22]

in that sense, it becomes some kind of a a pyramid where the first one in gets to be the happy one.

[@godwinnwabekee6006]

Hope your money is still stored since the last 24hrs ?

[@manpreetrox30]

Buffet once said that he won't invest in anything he doesn't understand or believe in. Agreed, he's the greatest investor of all time but a man gotta stand by his own words. If you don't understand blockchain or bitcoin you have no right to defame or discredit it.

[@RylzMunkister]

Lol. If you cant explain its intrinsic value you should have no business buying it.

[@fivebooks8498]

I've said this exact same thing about crypto. But it does still continue to go up and down. I've made a lot of money in crypto by just buying when it takes a dip and selling when it goes back up. He's right though. It doesn't produce anything. Its simply driven by demand. The supply is constant or at least on a schedule. You cant manipulate the supply. Its all based on demand.

[@samsonsoturian6013]

Sure you can manipulate supply. It's called memecoins.

[@omarfarique6304]

Price of Bitcoin: $7292.12 Date: 2 December 2019

[@jonnelson9760]

Who cares? He wasn’t saying that you should not buy bitcoin, he was saying he would not buy it. He was saying bitcoin is like gambling and if you want to gamble it’s ok with him but he doesn’t do it. He also said the same about gold. My friend won $300.00 and a free meal at the casino.

[@omarfarique6304]

@@jonnelson9760 I wrote this comment not because as a response to Warren Buffet. I have written this comment because people will come back in the future and hope they bought some Bitcoin

[@DR-M-K]

you got some investment?

[@kingkong8974]

Omar Farique bitcoin used to cost more

[@codec7208]

guys check the price and tell me what it is i wanna hear it from you

[@greenhousegreenhouse218]

Do you know that.... So far in 2021, that is as of the month of March 2021, the price of BTC popped up to $50,000 and has traded up to $60,000 just in 2021. Truth be told, the future oof BTC is just beyond human imaginations, trading is just the best options right now

[@jessicajessy3780]

Nice one ☺️, do you trade??

[@greenhousegreenhouse218]

@@jessicajessy3780 Not at all my dear, I trade with my account officer, A French woman to be precise, she taught me all I know about crypto she leads I follow

[@jessicajessy3780]

@@greenhousegreenhouse218 that is really recommendable, women has a way of making things magical. once upon a time I tried trading myself and it was a complete disaster

[@georgialine4882]

@@jessicajessy3780 Experts are the best options when it comes to crypto ✌🏻

[@jessicajessy3780]

@@georgialine4882 Really??

[@Gar96229]

Literally got a Bitcoin advertisement when I pressed on this

[@sheldonpillay7767]

You can’t discount what Warren has to say . If you do , you don’t belong In the market.

[@sharonrobinson2795]

Despite the market crash, I want to thank you for the level-headed financial advice. I started stock and crypto investment with $6,345 and since following you for few weeks now, I've gotten $65,539 in my portfolio Thanks so much Mrs. Whitney Jones

[@christophernolanr9250]

Bitcoin is the future, investing in it will be the wisest thing to do especially with the current market value

[@alisagrants4214]

I'm thinking of investing in the crypto market, but I'm taking my time to understand how it really works

[@alexismesas8289]

venturing into Bitcoin trade without an adequate orientation from a professional broker for an accurate signals, you might lose all your hard-earned money.

[@kelvinjason1476]

That's true, most people today have been experiencing a lot of failures in the forex and crypto sector because of poor orientation and bad experts.

[@geogheganmari5111]

the best way to invest in cryptocurrency is trading with a professional who understands the market quite well, that way maximum profit is guaranteed

[@cykia3102]

I would like to see Michael Saylor sit down with Buffett for a debate on bitcoin’s value

[@topdog5252]

😃 yes plz

[@vlonebandit3359]

Let me explain to you ok. Bitcoins value isn’t all made up. Actually most of bitcoins value is intrinsic. Becuase u use real world computing to mine it. U use real world investments to update it. When u are I’ll-informed about a subject u shouldn’t be spreading on it

[@ThisHandleFeatureIsStupid]

@@vlonebandit3359 You might want to refresh your understanding of the word "intrinsic". I'll help you out, though: the intrinsic value of all cryptocurrencies is currently and will always be precisely zero.

[@vlonebandit3359]

@@ThisHandleFeatureIsStupid no. If someone buys a crypto it now has value. Intrinsicness comes from the mining, the storage of said cryptocurrency.

[@ThisHandleFeatureIsStupid]

@@vlonebandit3359 No, man. For there to be any intrinsic value, there must be an underlying asset somewhere. Price movement does not = an asset. Basically, the only part of normal analysis that can be applied to crypto are perceptual factors. Nothing fundamental exists, which was my original point. I'm genuinely trying to help out politely, but you aren't making it easy. With all due respect, this is some *really* basic stuff. It's perfectly fine not to know it, but it's also pretty stubborn to argue from such a position. Just...nevermind me for now. Just research quietly and there will be no need for kneejerk reactions of embarrassment, or anything silly like that. It would probably take you less than two weeks at full-time hours to get a solid grip on what elements of value analysis can or can't be applied to crypto.

[@johndingpiano]

who's watching this while bitcoin just passed 40k??

[@sakatis]

so what. Its still the same thing. Its a pyramid scheme

[@Slenderman63323]

57k now boys! companies and hedge funds buying in... crypto haters can stay mad

[@ThatCrazyGamerz]

@@Slenderman63323 and it will collapse

[@paulvanier429]

We went from trading gold, to trading a representation of gold (paper money) to printing money out of thin air, to trade money that will exist in the future: credit and debt; the next logical step is to create a virtual currency.

[@ammedia9870]

Not we , we the government. There’s a difference.

[@hebbez300]

Currency is already virtual m9…

[@amenostalgique]

he says nothing wrong. in the meantime I hodl

[@jimhalpert2858]

Crypto currency is an asset the protects you against inflation

[@JP-gg2gk]

If you buy a farm....his classic example🥰

[@janehoward2905]

Cool insight, I appreciate an opportunity to get such knowledge on how to make money, I look forward to trading bitcoin and making it an alternative source of income

[@rayyoung1073]

How does this whole Bitcoin stuff work. I'm interested in it. And willing to invest heavily in it. But I need guidance so I don't loose out.

[@billiejordan1783]

You don't need any one to teach you on how to invest your coins. You can make research on your own and start doing it yourself

[@thomasbaker2444]

Wow. I'm a bit perplexed seeing her name been mentioned here also. Didnt know she has been good to so many people

[@williamsthompson8874]

Actually Every good investor is conversant with Clara Matt. she is unique in the field just got to keep to her instructions and you Excel

[@erwinjames5139]

Please who is this y'all are talking about I really need to win too Where can i contact Mrs Clara

[@jigyanshushrivastava6153]

If you do not understand it... You will be more excited about it... That is the case... Very nice

[@nmejias370]

Buffett is right. BTC is simply pure price speculation.

[@btdoe3259]

Study more.

[@mozzarellafella66]

@@btdoe3259it’s quite literally based off hype and speculation and when 1 wrong thing happens it collapses until another wave of hype and speculation comes

[@qwaszxerdfcvtyghvb]

Warren Buffett is the person to listen to when investing

[@kyoshuko20]

elon musk does better than him with investing ;)

[@mightyhadi6132]

@@kyoshuko20 ELon is not good with Investing but good at vision and technology.

[@frontbattles8090]

not when it comes to crypto lmao

[@iraqstangoog1223]

Has nobody thought that bitcoin is a major threat to his assets, and that’s why he is bad mouthing it?

[@leea3531]

He’s with the establishment. They all are against it

[@Kenny-tl7ir]

Shhhhhh

[@inwalters]

Bitcoin is a scam. As warren says with anything else, when you buy it you get something - with Bitcoin you just get some electricity.

[@deadpuddle86]

It is sad to see people ignoring advice from one of our times greatest investment gurus, simply because they want to believe the hype. Whether or not the hype ends up being real, don't cast off important information just because it doesn't fit your endgame.

[@laine3396]

I think a lot of the people who are ignoring this advice is because we can clearly see that he doesn’t actually understand how crypto currencies work. He seems to think that anything that doesn’t create a return like a stock does, is just a gamble. There is immense value in systems that provide economic identity to people who currently don’t have it (cardano), and the fact that he doesn’t see that simply means that he hasn’t taken the time to fully look into how these systems actually work. Not everything this guy says is intelligent, he’s been wrong about plenty of things in the past.

[@jack9295]

@@laine3396 LOL at using cardano right now to defend crypto

[@laine3396]

@@jack9295 whats wrong with cardano?

[@user-tu2dr3ny6x]

@@laine3396 People against Cardano currently make the exact argument Buffet does against crypto, that it has no current purpose and is purely speculation, lol. I can understand why some people don't trust Cardano's goals, and their ability to achieve them, but I can't comprehend any of these arrogant moron's like Jack who scoff at it the same exact way that the majority of the world scoffs at the entire crypto market...

[@ratopetista4508]

with bitcoin the governement cant tax me i think this is really good

[@akhilumat176]

Value of bitcoin is in decentralization. You can send money to anyone across the border without any restrictions at very cheap price. Value of bitcoin is in impregnability of the network. 0 transactions in past 12 years is faulty. It is security against currency debasement and wealth confiscation. It is an amazing technology. If you don’t get it you don’t get it. It will have multi trillion dollar market cap soon.

[@millenialmusings8451]

The only reason crypto currency isn’t criminalized is because the big players make a bank off of small retail investors by manipulating it freely without any consequences

[@millenialmusings8451]

Bots

[@dityaaadya12]

Bitcoin and Forex trading it's a trading platform were you invest with a minimum capital, you predict the outcome of foreign currency if they will either fall or increase, it's like you are placing a bet, but the good thing is that you are knowing the outcome before you predict, that's why profits returns are always on the high, but by doing this, you need an experienced account manager who can help you with the basics and trades for you.

[@anvimahira695]

The best idea about money is, make it, invest most of it and manage whatever that remains expecting huge returns in nearest future.

[@anvimahira695]

A career in Bitcoin offers you the opportunity to earn a lot of money if you have the patience to learn the process and strategies involved or better still get yourself a professional.

[@trishikakiara2895]

Investing in Bitcoin may seem scary but know that it takes time and effort to understand how bitcoin works. If you understand the potential impact of bitcoin it won't be hard to understand why investing in Bitcoin may be a good idea.

[@trishikakiara2895]

Bitcoin market is highly volatile and the underlying investment should be considered a high risk investment. However, investors can avoid these risk with a bit of agility and common sense.

[@trishikakiara2895]

Earning 500k per year on salary job is just $50k per day trading Bitcoin.

[@michmarini]

Warner Buffet always on the point. Brilliant..

[@inactiveio]

Didn’t work out too well for you .

[@imdeexpert5828]

@@inactiveio more like didn't work out too well for u, sheep.

[@ThisHandleFeatureIsStupid]

Did Time Warner and Berkshire Hathaway merge when I wasn't paying attention? 🤔

[@ALINAGORI]

Bitcoin was supposed to be a currency not a commodity , bitcoin should have solved a lot of international trading hurdles or forex change nightmares , but its not and i don't think it will even after the last coin is minned

[@stephanrathe44]

To all people that are emotionally attached to Bitcoin: I do understand that you (including me) prefer another monetary system above the fiat currency but you have to keep in mind that the (current) underlying technology of Bitcoin is totally not what we all want it to be. I mean, are you going to purchase a coffee with a 10$ transaction fee? I don't think so my friends. In that case I fully agree with Warren that Bitcoin currently is nothing more than a big bet against rational valuation. And please show some respect to the man because he is the guy that donates millions of dollars and that sacrificed a lot of his time to study how to make as much money as possible through the power of compounding by spending as little as possible to eventually give it all away when he passes.

[@Bane92]

Stephan Rathé I read the first few lines and immediately came to the conclusion that you’ve never developed software nor have you even done proper research on crypto currencies.

[@stephanrathe44]

Well I assume you know a lot about the underlying tech so I'll take the opportunity and ask you: Why would you buy bitcoin?

[@Bane92]

Stephan Rathé No problem I will try and educate you. First of all you don’t buy Bitcoin. You buy BTC which is a cryptographic store of value used for transactions across the Bitcoin Network. As a store of value BTC does have high transaction fees which is why most people prefer to not sell especially given its finite amount. However you can purchase your coffee with BCH(Bitcoin Cash) which also runs on the Bitcoin network. Why is the Bitcoin Network so dominant? The Bitcoin Network lives in everyone’s computers who run a Bitcoin node. Being the grandfather of crypto currencies it has the most users chained together creating a very powerful network that can only collapse if an attack is issued taking 51% of the network for over 10 minutes(avg transaction time). Some describe this as Bio Software(the ability of software to grow and evolve) which serves as a transactional system of HARD GUARANTEES and the utmost security. There is no other crypto currency with this level of security. As a matter of fact if you took the worlds 600 fastest supercomputers to generate a 51% attack on the community your hash rate (level of computation) would still fall one thousand times short to the Bitcoin Network.

[@stephanrathe44]

Fair enough my friend! Good explanation but still... When I wrote "Bitcoin" I was referring to BTC and Warren Buffett obviously was also referring to the asset that increased to 20 000$ in no time and of which the popularity increased to an even higher level. So I was saying that when one buys BTC, one is basically just hoping that the greater fool is going to pay for it at a higher price so that capital gains can be made, just like gold, but is not used as a cryptographic currency as many people like to call it. So I'll rephrase my question: Do you personally buy BTC because you think/hope someone, 5, 10 or even 20 years from now will pay the same or even better, a higher price? Or do you use BTC as a functional currency to make daily purchases with and pay a huge transaction fee which is in fact progressively increasing with the amount of transactions that are made?

[@Bane92]

Stephan Rathé People without USD will buy BTC in hopes of an increase. But what about those with lots of USD at their disposal? These are two different worlds my friend.

[@mohamedfouad2304]

he is comparing bitcoin with a farm instead of comparing it with money

[@mannygomez5367]

Mohamed Fouad cuz farm is a crappy investment..

[@neemapaxima6116]

Cause he is a smart bourgeois

[@eshoo8000]

You’re an idiot as well as the 15 who gave likes.

[@jackparker8602]

Technically, like farms, all forms of currencies are assets. So hes not wrong.

[@leckam]

The reporter ask him about "Bitcoin as an investment" in that, yes... You can copare investing in Bitcoin, Farms or Gold.

[@dibbla]

In other news, let's ask taxi drivers if they like Über.

[@aris13pat1]

Let's ask Uber drivers themselves what they would prefer to be.

[@sticklebacketienne]

Aristos B_3 his point went completely over your head

[@Jax-bd1yy]

👏🏼

[@DougJDoug]

👍

[@nelsoncarl5141]

My success story started the day I met Coreytradings on instagram who taught me how binary options operates, at first I thought all hope is gone but I'm happy today because for the first time in my life I have been able to make several withdrawal on this investment and this can only possible with a reliable manager, Coreytradings on instagram has helped so many traders who lost their profits and these set of traders are singing songs of praises to him, I'm glad to be among them and you too can be one,

[@lukehenry2962]

The rich sees economy crisis as a garage sale, that's why investing right now will be the best decision ever

[@felixjohn5908]

Cool insight, I appreciate an opportunity to get such knowledge on how to make money, I look forward to trading Bitcoin and making it an alternative source of income.

[@ennymiriam8686]

I wanted to trade crypto but I got confused by the fluctuation in price. Heard bitcoin mining is more profitable

[@mikehawk4856]

Wow he was right

[@trenton1190]

No he wasn't. I'm sure you would have said that in 2018 as well.

[@mikehawk4856]

@@trenton1190 bitcoin literally crashed by 75% in a matter of months 😂

[@trenton1190]

@@mikehawk4856 It also rose several hundred percent in a matter of months as well, so that "crash" is irrelevant. What isn't irrelevant however is the fact that the US dollar has lost 99% of its value over the past 100 years, and I expect the next 100 to have an even greater loss.

[@mikehawk4856]

@@trenton1190 gold is king crypto nerd

[@trenton1190]

@@mikehawk4856 Gold failed when people started accepting paper currency in place of it, which was backed by gold, which then became unbacked by gold. The reason people started accepting paper money backed by gold is because of convenience. Paper money failed because anyone who has control of the money printer is always tempted, and will eventually print more. Bitcoin does what paper money does for gold, while at the same time having all of the characteristics of gold, which the main being a very stable, impossible to counterfeit unit of account.

[@christopherramsey7027]

The U.S. dollar also creates nothing but it somehow holds a lot of value.

[@DombaBerbulu]

Maybe because the value is not in the dollar itself but in things it represent. If you put thing in perspective, it is like you're buying 1$ in a price of 5$ because you "believe" that 1$ will become 1$ in the future. That's how I understand bitcoin, correct me if I'm wrong.

[@matthewnabil]

Exactly. Crypto is basically FIAT without centralization. Tremendously more difficult to counterfeit too. Saying he's an insanely profitable investor is a strawman. Just because a rich man says something has no value it shouldn't be taken as gospel. There are plenty of rich people with incredibly wrong views about value, how do you think drug cartels get away with riches without considering the lack of value in destroying people and families?

[@theinternetsavedmylife]

@@matthewnabil If Bitcoin is Fiat, what do you buy with it? There are little to no stores that accept Bitcoin and yet it's value continues to increase. People use Bitcoins to buy real Fiat currencies and vice versa and that's just about it. There's also a problem with the way it's "created". It's not created through credit like other currencies meaning it's an asset not gotten from productive input into the economy. That's a recipe for a bubble. If I want to build a factory, I go to a bank and get a loan, the bank uses other people's deposits and does it's magic and lends me the money. When I pay back, new money is created and so the circle continues. The bank has more money, I have a factory that produces goods, and the depositor that gave his money to the bank still has his money. Yay! Everyone got something from it. Explain how I can accomplish the same feat with Bitcoins please.

[@matthewnabil]

@@theinternetsavedmylife It's similar to FIAT in the sense that its worth is fluid unlike how our currency used to be based on gold. The difference between FIAT and crypto is that there is no central bank to dictate its worth away any given time, rather it is a more democratic effort where the value is dictated by traders and its use. Yes, it is currently used to primarily be converted to FIAT but that's because FIAT is the currency franca. There is no implication that cryptocurrency will or will not be the primary form of currency in the future. In the case that it does end up replacing FIAT it really is the same in the fluidity of its worth but inflated by traders and the economy without a central bank.

[@imanafdar]

Because US is the ww2 winner, they are not only the winner they are also got a strong political standing as the police of the world, their military base is everywhere in the world so they can make sure the world using USD as their currency. many countries that refuse using us petro dollar got destroyed by USA such as Libya

[@jaafarhasan1970]

The government, by its nature, tends to print more papers when poverty increases and jobs are reduced to silence the citizen, especially in third world countries where poverty increases day by day. The problem of centralization is an old problem that economists have been thinking about for a long time and many people have discussed it without finding solutions, but digital currencies that I consider came as a blessing from God so that the government thinks about solving unemployment honestly And I don't want the true value of my effort, which broke my back, to be controlled by the government, and the value of my work changes according to someone in the government who decides the fate of the nation. The value must remain constant So I put everything I have in buying cryptocurrencies, even if I lose everything, I consider my loss for a noble goal and I will never regret because this is the right thing.

[@johnwest1559]

I need to watch these videos to feel better about selling my btc for 3k last year 😂😭

[@bluevalley82]

Not too late to invest now. Bitcoin is still young. Maybe a baby consider the history of fiat money.

[@johnwest1559]

@@bluevalley82 I'd rather go to the casino to put 30k on green and cross my fingers

[@assholepencil3329]

@@bluevalley82 Bitcoin is a whale game. Those whale come, invest, push the price up, peoples got crazy on it and put their money on it so the price go higher and higher. When it’s high enough those Whale gonna take profit and everything gonna crash just like what happen in 2017. This time Bitcoin maybe go up to 100k. And then the fun will begin 🤣

[@bluevalley82]

@@assholepencil3329 I totally agree with you. rather working hard to earn money.

[@gddas91]

@@assholepencil3329 Can't disagree to you! To much advertisements to invest in crypto are popping up everywhere, on the streets, billboards, newspapers, television, radio, social media. It's all a sick dirty game

[@michaelatkinson1949]

It’s funny because bitcoin had blow pass the valuation of Brookshire Hathaway

[@inwalters]

Bitcoin is the biggest scam in history, hands down.

[@laithshamaileh7485]

Wtf are you talking about 365 thousand

[@michaelatkinson1949]

@@inwalters can you elaborate, actually interested

[@inwalters]

@@michaelatkinson1949 Bitcoin (as I understand it) is just pure fiat currency. It has absolutely nothing to back it up. Even US currency has ultimately some gold and federal lands to back it up, bitcoin has nothing.

[@gauravverma6775]

@@inwalters If USD move 2% in a day would be a global news but Bitcoin even move 10-30% in a day

[@elrickpenn]

... I understand fully what he's saying: the excitement is driving the price, at the end of the day, it produces nothing ...

[@devinheiner5692]

REALITY! I’ll second that statement Warren. 💯

[@kimberleycoleman4052]

A few years from now, you'll regret the chances you fail to take on cryptocurrency today. We are sitting on a goldmine.

[@lindatom445]

Bitcoin is the most important invention in the history of the world since the Internet.

[@johnkenny7811]

There’s $200 billion in cryptocurrencies out there and over $200 trillion in demand for money - that’s the amount of paper currency and gold bullion in the world, Never depend on a single income, make an investment to create a second source.

[@frankbloomberg5875]

Wealthy people invest first and spend what’s left and broke people spend first and invest what’s left.

[@davidtyrese232]

Wise spending is part of wise investing and it’s never too late to start.

[@franciscorey4141]

Don’t work for money; make it work for you You will come to know that what appears today to be a sacrifice will prove to be the greatest investment that you will ever make.

[@judithharold1211]

I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

[@wilsonjohnson6823]

I will advice you should stop trading on your own if you keep losing and start trading with Mrs Laura Donna trading services

[@AnthonyWStylez]

I would listen to him before anyone else. He’s the best when it comes to investing

[@AntarixOfficial]

How about Ethereum ? It generates real value and powers decentralised finance and applications on the web

[@DK-SEAN1992]

warren buffett is old - fair enough he doesent understand technology.. Hes early in stocks, but im early in Bitcoin!

[@jeremylopez2101]

can we say this didn't age well?

[@OFDProductions]

Just because he’s rich and successful doesn’t necessarily mean he always gives good investment advice. Always do your own research

[@kirra77]

Well, $BTC is $40,000 per.

[@RyanStronach]

Look up the tulip mania. Just because something is priced high doesn't mean it deserves that price.

[@jonathonw5968]

Only inexperienced investors look at price. It's about use case.

[@ihurtyourbrain3685]

@@jonathonw5968 So? On which planet did use cases of bitcoin go down? Not the one I'm living on.

[@jonathonw5968]

@@ihurtyourbrain3685 What is the use case? Maybe a store of value, what else tho. That's what gold and silver is for and it's way cheaper. A 40,000 bitcoin does nothing for the average investor. The ROI isn’t there.

[@mangamaniac4519]

@KA dont know man its steadily growing and every time it crashes its goes beyond the previous all time high

[@ryanduzand2631]

I come here and I read real comments. I get on pro-bitcoin videos and see thousands of bot comments, all 100% upvoted. Makes me feel dirty.

[@dancorwin9232]

Literally 95% of these comments are bots, what are you talking about??