Warren Buffett on bitcoin and crypto: We've had an explosion of gambling

Warren Buffett, Berkshire Hathaway CEO, joins CNBC's "Squawk Box" to discuss his thoughts on crypto and the staying power of bitcoin. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
» Subscribe to CNBC TV: cnb.cx/Subscri...
» Subscribe to CNBC: cnb.cx/Subscri...
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedI...
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/Instagr...
www.cnbc.com/s...
#CNBC
#CNBCTV

[@kimyoung8414]

Everyone's preaching doom, without any key data-trajectory on how to maneuver, it's obvious digital are unstable but folks are still pulling off huge 6 figure profits from this same market y'all are warning us about, videos on such strategies to maneuver will really be helpful, thank you.

[@alexyoung3126]

Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor

[@joesphcu8975]

@@alexyoung3126 Couldn’t agree more! I've been in constant touch with a fiinancial-analyst since covid . These days, it's really easy to buy into trending stock's, but the task is determining when to buy or sell. My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K

[@stephaniestella213]

@@joesphcu8975 that's impressive! keep it up, I could really use the expertise of these advisrs, my portfolio has been down bad....who's the person guiding you.

[@joesphcu8975]

@@stephaniestella213 Helene Claire Johnson is widely known. You can verify her and use her services if you want.

[@stephaniestella213]

@@joesphcu8975 Thanks for the info , found her website and its really impressive

[@ChristopherAbelman]

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@HildaBennet]

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

[@FinnBraylon]

Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

[@JosephineKenney]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

[@FinnBraylon]

The fiduciary that guides me is “Sharon Lee Peoples” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...

[@FinnBraylon]

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

[@asdfcix6116]

Myself during this Bear Market only trying to focus on BTC, Xt35Et, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦

[@Bitcoin_Junkie]

Everything except Bitcoin is shitcoin - Bitcoin is unbiased code ; all other crypto is subject to the whims of the creators…. Just like the Federal Reserve.

[@abdulkadiralsk3064]

Can't deny the fact that Amazons Xt35Et has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

[@alexmchale796]

Tf u talking about

[@larryo6874]

There is no Amazon anything….

[@jrmartinez1354]

Jesus Christ saved my life he can save yours to. No body is perfect except Jesus Christ. So he was the perfect sacrifice for the world and he became that sacrifice. So that we can be perfect in God’s eyes all we need to do is. Repent from our sinful wicked ways and surrender our life’s to him. Jesus Christ. Repent meaning acknowledge and forsake your sins. Know you have sinned and know you are not good in God’s eyes. Forsake meaning as in try your absolute best to not sin. We have to be clean and filled with the Holy Spirit. Jesus Christ said we must be born again to enter The Kingdom of Heaven. God bless you all. I love you all may you all find Jesus Christ as your Lord Savior . God bless brothas and sisters ❤❤! Thank God ❤️

[@antoniohandel8332]

*I’m 50 years old living in California.I’m hoping to retire at 55 if things keep going well for me. Bought my third house last month and I can’t be more proud than I’m today. I’m glad I made a great decision about my finances that changed me forever*

[@tessyada2tessyada221]

Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.

[@antoniohandel8332]

Yes exactly, and this is the perfect time, don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@antoniohandel8332]

​@James Rico The trick is to diversify your investment, don't panic when everyone else is and invest consistently.

[@antoniohandel8332]

I'm trading with expert Mrs Hanna Benjamin, a regulated broker . Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results.

[@antoniohandel8332]

​@James Rico My money stays right in my trading account, my account just mirrors her trades in real-time.that's the idea behind copy trading.

[@michaelronald4925]

Yes yes praise be 🙏, Bitcoin has hit 30k and the crypto market is more excitable, we haven't seen this level since June 2022. The sentiment is high and of course, many are predicting that the bull market could be about to return.

[@jenniferrobertos3250]

Literally the best asset anyone can invest in right now is Bitcoin, that's the best way to store your assets these days especially with Bitcoin preparing to hike to a new level of value in price thanks to the increase in investments by both new and old traders.

[@rudolphgentile2599]

Hello everyone I'm new to crypto investment and I have been watching lots of videos but still incurring losses. Can someone please recommend a reliable platform for me

[@geogheganmari5111]

this is not the first time I'm seeing recommendations about Jennifer Alex and her exploits in the trading world, but i have no idea on how to get to her please can you link me up?

[@katherinejohnson8541]

I have lost up 5k in my trading account, I have used a lot of strategy I saw on KZbin's and read online, but it's rare to make any wins, what will you advice me to do as a novice, which strategy should I be focusing on.

[@chrisyung388]

It is likely that the market will experience big gains anytime soon in light of the latest developments involved, therefore it is prudent to set reasonable expectations and get ready for a potentially protracted recovery period.

[@bobbymainz1160]

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to

[@ArthurLedgeeer]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@JaykeTurner]

I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@RebeccaBellick]

@@JaykeTurner Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

[@JaykeTurner]

@@RebeccaBellick credits to Heather Ann Christensen, one of the best portfolio manager;s out there. she;s well known, you should look her up

[@AngelsEyes-ny1pc]

@@JaykeTurner Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

[@endoetz]

never underestimate stupidity in large groups

[@odellbeckhamjrjuicedupyung4602]

How do you feel now brother

[@keshveen11]

How do you feel now brother

[@galkema]

Stop asking the 90 year old about cutting edge tech. Just stop

[@stephenoneill2844]

Ha ha ha ha lol. You nailed it Sir! Stop asking a 90 year old about cutting edge technology, just stop it!

[@corbett1970]

He's made his entire fortune from investing. Don't you think he has people looking into all types of investments. I personally don't think he's wrong.

[@st0a]

"cutting-edge tech" a.k.a investing a fortune in zeros and ones. Sad...

[@NiceterCoolster]

@@st0adon’t underestimate the power of indo Arabic numerals and decimal system

[@WondrousEarth]

I love that when Warren said 'Bugsy Siegel met his maker soon than he expected'. He's right about Bitcoin, it is speculative. For those who have invested heavily in it and made significant profits, today it was up over $60,000, sell and take your profits. Though we laugh and mock those who centuries ago bought varieties of flowers of Tulip bulbs, only to see that market crash.

[@NiceterCoolster]

It’s 90 plus now. People like you have no clue what btc is.

[@rof8200]

Amazing to me that people don't understand that decentralised ledgers are a technology that's superior to bookkeeping.

[@deepvalue4651]

Subed

[@onceuponasauce8177]

110% right.

[@mfjh505]

There's a fine line between gambling and investing. Everything is a calculated risk.

[@victorbasta2349]

Berkshire Hathaway is invested heavily in Bank of America. Bank of America bought a significant stake in microstrategy q1 of this year. Thus, Warren buffet is in fact invested in bitcoin. It’s best to follow the money, not what these people say

[@Brandon-tk2rw]

the same guy who passed on Google when it was peanuts

[@robertwyche8669]

Still a billionaire who invested in other great companies . You can’t invest in every hood company in the world !

[@barryallen6927]

Google produces something. What does bitcoin, doggy coin produce?

[@alexk729]

The vast majority passed on it too

[@serioussrs9349]

@@barryallen6927 blockchain in general produces: trust, security, transparency, and the traceability of data shared across a business network

[@JL-ep6op]

This “guy” has made more money and done more in his life than you and your entire family could ever dream of.

[@eneskrdag9403]

Super cool video ! Do you think amazons Xt35Et will pump before ETH? I ask myself if there is a pattern or something in the order of the altcoins pumps.

[@midcenturyflipper]

Is not stocks gambling as well?

[@dimitriosdesmos4699]

Trading is , in and out. He buys business and yields. ......IT can be. Everything is a gamble, even wife choice...but we have to put things in some order.

[@FrankOddie1984]

Course it is, he's just taking smaller risks. If he didn't want to gamble he'd buy gold and that would be the end.

[@benasr7883]

😂Well said ​@@dimitriosdesmos4699

[@Namdor2012]

Not if a company is producing something credible, or a service and so forth...Speculative stocks are close to gambling, but crypto is a pyramid scheme and a gamblers paradise..

[@user-df2uu3qp3y]

@@FrankOddie1984 gold is still gambling.

[@RhettReisman]

The part where he brought up his bachelor party for his first marriage 70 years ago was when I realized that he was right and that Bitcoin is a scam

[@james-sk1si]

What a treat to listen to this legendary investor. I’m so happy that was able to avoid bitcoin ( worthless asset) thank you buffet

[@frontbattles8090]

cringe you would be up so much..

[@JJ_SDWR]

​​@@frontbattles8090only in crypto do the adherents insist to non-believers that they are morons for missing out. So bizarre. I don't need to go to crypto forums and go "shoulda bought an S&P index ETF 👀" because I'm not trying to convince myself.

[@BemniLili-zf7dl]

Is true he gives 0.34 BTC

[@tylorgrey]

Start to now Bitcoin is up more than any other asset ever. Dude has made great investments no doubt. It’s also clear he has missed some like Apple in the beginning cuz he thought it was a dumb phase that would pass. Now it’s one of his largest holdings. It could also be possible that the guy whom existed before the microwave doesn’t see that new tech doesn’t mean worthless. “I have a fire pit why would I need that stupid machine”🤷‍♂️ if you had bought Bitcoin when posting this comment you would have doubled your money. I’m not saying it’s the greatest thing I’m just saying don’t count it out.

[@elenaisla3005]

People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracing ... BE wise.

[@AngelaMaeMcClain]

Bitcoin is the way of the future, and investing in it will be the smartest decision you can do, especially with its present Price.

[@andrewmrslaura4689]

I think a Good T/A like Mrs Linda Bradford will pay off more than random u-tube videos, a lot of KZbinrs don't actually care if you loose money, they just want more views and traffic🚦⛔

[@norastella9264]

Actually I trade cryptocurrency on a platform, with assistance from their top crypto experts. Mrs Linda Bradford is my professional assistant, I have been trading with her for 8 months now.I've really made a lot from her strategies in trading of cryptocurrencies i was surprised when you mentioned her name😊

[@lilyzoe8920]

I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading.

[@sophiabarrel4023]

Long term investment is the best now. I invested $9,500 in February this year with Mrs Linda Bradford.And i top up my trade with $3,000 every week. Now, I'm having over $287,000 on my dashboard. Toping up your trade is really important.

[@BriansWealthJourney]

Warren Buffett is an old school billionaire, and IMHO he could care less about the Millennials and Gen-Z. These groups have an entire career ahead of them, and getting involved in crypto is their best bet for diversifying their assets.

[@abdoulayediao5433]

Thanks Buffet, I bought more Bitcoin today.

[@existandlive]

wow im always amazed at buffets explanations!

[@nas_wigo3020]

And now lol?

[@existandlive]

@ I bought bitcoin last year wish I’d bought more

[@nas_wigo3020]

@@existandlive so never listen to that people who not want you to win

[@existandlive]

@ ok

[@wiredwithwalsh6282]

He literally said nothing and shared a heartwarming story from the one time he observed gambling in 1937! WTF!?!

[@st0a]

Keep coping, poopcoin fan.

[@antonbarros1774]

Venturing into trading requires basic knowledge most time good experience to carry out a successful trade.

[@lydiarowan9458]

Stocks and crypto investment is a good idea ,and a good trading system would put you through many days of success

[@karinstefan3962]

How wish I knew about crypto trading earlier , I invested in stock but it seems crypto is more profitable

[@harrisongavin6927]

I am a new Bitcoin trader and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me were I am wrong?

[@wilderjoaquin44]

​@@harrisongavin6927 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 work with a professional trader

[@harrisongavin6927]

​@Steven GeorgePlease how can I know good professional acct manager that is trustworthy and legit, I have been searching they are hardly to find this period

[@regularbob]

Warren is extremely insightful and an amazing investor. But his inability to see the power of bitcoin is astonishing. We must remember that he also did not invest in Microsoft…and Bill Gates is his very good friend🤦🏻🤷🙈

[@SO1012488]

Or apple initially

[@stevenadema3343]

He didn’t buy Microsoft because he wouldn’t want to be accused of trading based on insider knowledge.

[@sunchips5]

It's so amazing that the most successful investor in history just doesn't get the awesomeness of bitcoin. Bitcoin is changing and will change the world for the better.

[@bolofinder9750]

Buffet could have been the world’s first Trillionaire if he would have invested 5% of his worth in 2017 into Bitcoin

[@gurmeetsinghharkamsingh7020]

and there would be liquidity for him to sell? who would absorb those sells and why? a greater fool?

[@nickc9398]

Ponzi scheme

[@nas_wigo3020]

And now ?

[@lilramborambo4399]

I could listen to this man speak all day.... Everything he says makes complete sense... He just knows how to play the game the right way... Warren you da man keep on keeping it real...😁👍💰💰💰💰💰💰🏆💛

[@johnnywishbone1349]

Must be time to buy

[@knyansa1569]

For 2.5 years I watched and study it. This is my second time around experiencing a market crash. I can firmly say when u get older and wiser you tend to understand things a lot better. Invest in something of value. The aim of the game is to buy hard assets & start a business.

[@DavidAlgoma]

It was, in fact, time to buy.

[@aquabo]

Great that Buffett acknowledges it to be a different climate

[@brittanynicolette9473]

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity

[@alicebenard5713]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@RyanContreras72]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@brittanynicolette9473]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@ConnieGriffith-u4z]

Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@blessingpaul5484]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

[@TotmnATH]

I don't know why people are mad at him. I'm a Bitcoin investor, I believe in the fundamentals, and I don't need Warren Buffet approval to be sure that I invest in a powerful technology. In a few years one of the 2 will discover who's right, I hope is me.

[@uberboiz]

So what "fundamentally" supports the price (and value) of Bitcoin?

[@MichaelAllen-pj6mo]

Buying stocks isn't gambling, but bitcoin is?

[@jasoncora1]

He gambles with much less risk. Big money on slow, low risk companies.

[@tanner9956]

A stock is a business crypto is fairy dust you understand that

[@brunoheggli2888]

Because a stock is a share from a company,its like you buy a farm and the profits you make is the milk or chees or meat!Stocks are productiv assets,what dose bitcoin produce?

[@Destorrrrr]

There are certainly ways to heavily speculate in stocks, but that also is not what he does.

[@barryallen6927]

Businesses produce something that can be used by the people. Businesses produce cash flow. Present value is the sum of all future cash flow. So what you are paying for a business is what you estimate it will produce in cash flow in the future.

[@MarkMphonoman]

Bitcoin and other crypto coins equal gambling, not investing. You only make money if some other gambler is willing to pay more for “nothing” than you. The first in and early out get rich. It’s a timing game. I could spend hours explaining the risks and differences between crypto and real investments but it would be a waste of time. Gamblers’ gamble and that’s the way it is. Good luck Bitcoin and other crypto currency gamblers. I do hope you win.

[@ЕфтимАлександров]

You are half right here.Yes,those who enter first make the most, but the main idea of BTC is to hedge against inflation and the value of your money not being thrown to the wind.People love to scream how it is volatile but it is an expected behavior from an asset created 15 years ago, it needs time to stabilize. Compare the % returns of BTC and USD over time, the direction is clear.

[@Skelter401]

Gambling urge also covers Wall Street buddy.

[@Empty7able]

Facts

[@michaelmarks1391]

And here I thought Warren Buffet and his partners are the greatest investors in the history of America and worthy of respect. Nope, I was wrong. Turns out the best investors of all time were right here in the KZbin comments all along. I'm liquidating everything I have and I'll see you on the F***ing MOON! Thanks for showing me the light, BTC Bros!

[@larryo6874]

@@ألفومية-ح5ك Warren Buffett is worth 100 billion. How much are you worth?

[@MrTubs911]

Warren is an all time great investor. He has paved the way on how to properly invest in the stock sector. I have nothing but respect for his knowledge, and wisdom in the space. But..... He knows nothing about blockchain technology. And is clueless about technical advances over the last 40 years. We can learn a lot from the older generation. But, listening to Buffet on tech growing in the world is like listing to a baby boomer explaining how to write AI code.

[@VisheshSharma]

Blockchain tech is different than investing in bitcoins. Agreed that Blockchain technology is phenomenal but it doesn't mean that investing in bitcoin is safe. Especially not for a billionaire like him

[@NK-mr3rh]

There are certain realities of speculating in bitcoin. It produces nothing so the only way you are going to get paid is if someone pays you more for the thing in the future. That means buying Bitcoin hoping for it to go up is a bet on you thinking you onow human nature years into the future. Is that something someone can have a serious edge in? Warren obviously thinks no which is why it’s not only his opinion that it is good to stay away from but I think it’s also a fact that it’s generally good to stay away from. How can you have an edge in knowing what humans are going to do in the future? That’s the reality of it, how can you play in a game where you have no edge?

[@sasson1646]

Blockchain and bitcoin are just a get-rich-quick scheme, no matter the label. All the ethos of 'freedom' etc is a lie too. People get emotionally manipulated as it pumps and dumps, then the bubble finally bursts when no one is expecting it at the biggest pump.

[@landdealsCA]

Considering he said he did not know how amazon was worth $10 a share 20 years ago he may not be the best guy for cutting edge tech advice. Amzn 1000x and he owns a ton at $2500 a share.

[@curtisdunkel7625]

What question did he answer?

[@jlvandat69]

He answered the question, "When will Bitcoin be unveiled as 'not a thing' "...... as he said, no one knows when the gambling/speculation on crypto will end.

[@xanderjanz]

Something about Vegas?

[@ronabel3668]

That's a good question

[@sunchips5]

His speech on this topic was an incoherent rant about gambling with no attempt to understand what cryptocurrencies offer to society.

[@jlvandat69]

@@sunchips5 Interesting comment. I suppose it requires a certain minimum level of comprehension skills to appreciate deeply informed narratives from the top minds in investing.

[@caesar03]

KZbin has to do something about these stupid bots that plague the comments sections of every single video about finance.

[@UseItOrLoseIt1017]

Warren mentioning a mob figure just made my morning 😂

[@melo.man13]

Big Buffett fan as far as mindset in investing, however I can’t help but cringe a bit hearing him talk about bitcoin. I agree there are gamblers in this space, however there truly is some great potential with bitcoin and other great cryptos like ETH.

[@barryallen6927]

With the amount of crypto bros here I can confidently say the "everything bubble" hasn't popped yet. -- Also interesting that anyone who made money speculating on bitcoin and doggy coin would come here acting like the genius they are, and the other 99% who lost money wouldn't own up to it. Meanwhile Warren Buffett is worth 100+ billion, his fund returned 19.5% compounded to the shareholders over the last 50 odd years, and has donated over 40B. But sure, he is the one who cannot tell the difference between investing and gambling.

[@monkey39128]

I wish I could thumbs up this comment multiple times.

[@Abc00757]

It's a Scam don't use it you can't withdraw money they'll ask 0.05 btc deposit first after even you can't withdraw again they'll ask deposit 0.05 btc it's a baddest scam to play with people's . How someone can be greedy like this . They are scamming

[@sandrawilliams564]

Well analyzed as always.

[@Jurgen24335]

Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.

[@riomason5169]

Quality predictions as always. Really helped trading with Sarah Ann Heim analysis and info, even with the market in a downward trend. Sarah riding the market wave is a good perspective.

[@ElizabethAuthur23]

I read about her too on website . That is how I get connected to her. Thanks for putting this down here

[@elainecamire6704]

I almost gave up on life until I met Sarah Ann Heim and my life changed for good I run a great business now all thanks to her

[@Leonhud]

How does she operate and can I get have a line on her??

[@AnthonyComputerServ]

What I find fascinating is that Warren Buffett thinks and talks like a nerd, with a dedication for investing into thoroughly researched businesses, yet many of the comments in this thread are about people's success with investing into BitCoin. I would like to know what service BitCoin generates, besides greed, then speculation based upon that greed, then posting about that online. Can we get back into hard and smart work that generates a service which truly serves us all?

[@Juorix]

who is in 2024 here?

[@nas_wigo3020]

Me m'y boy, and i was right to not listen to that

[@Hugo-ew2ko]

Warren Booming so hard

[@jsanford01]

He called Crypto projects. "chain letters" 😂😂😂 such a funny, but true analogy

[@Karen_Marie]

Is he confused about the block chain thinking it's like chain letters!? Lmao, old bat is nearly as confused as Joe Biden.

[@hodlcro4dlife661]

He also calls I.C.O's Icoes 😂 sounds funny

[@heloitsmoreworldgncom]

He is out the time of the flinstones, the modern time goes to fast for this man .

[@osunaedgar]

Stupid people have no respect for wisdom and refuse to learn. Modern society has created this myth and environment where random youtubers really DO believe to know more than one of the most successful investors of all times. So the fact that he is old is already is a disqualifier for you..? Did the US government call you to save AIG or did they call him?

[@JL-ep6op]

Bitcoin lost 75% of its value in 2022 and Warren made a ton on businesses like oxy. He doesnt need to change a thing. He does what works. He’s not a sheep or a fool.

[@karlmcglue9946]

Uncle fred and aunt fanny has served them well

[@A.1.2.K]

When I hear a vampire like Buffet hates Btc i sleep better at night. #BuySign

[@jlvandat69]

One of the best investors in the market history, making your comment more a reflection of your education level than Mr. Buffets expertise.

[@barryallen6927]

@@jlvandat69 Do not confuse education with intelligence. A lot of these gamblers often lack emotional intelligence and temperament.

[@osunaedgar]

Stupid people have no respect for wisdom and refuse to learn. Modern society has created this myth and environment where random youtubers really DO believe to know more than one of the most successful investors of all times. So very humble of you...

[@jlvandat69]

@@osunaedgar 👍👍 very well said.

[@Empty7able]

I watched this live and scratched my head at the question. What did Andrew expect him to say. Buffett is brilliant but also very old. At this point in his life, his stance on certain subjects isn't going to change, and they know this. Andrew asking this question is just fodder for more headlines. They already knew his response before asking.

[@buttonwillow]

So many crypto enthusiast gamblers in the comments. Stop trying to draw analogies between Bitcoin and innovative, productive businesses like Google, Apple or Microsoft. He did not say Bitcoin is inherently a gambling instrument any more than Tulips would have been in the 1630s. Unfortunately, that's exactly what it has become & is now used primarily for speculative wealth rather than as a currency (perhaps an inevitability given the hard supply limit). The analogy Buffett makes to point shaving a rigged game is keenly astute & apropos. Once the majority of Bitcoin trading volume (now upwards of 90% according to Bitwise) was centralized into opaque, unregulated exchanges like Binance, that's exactly what Bitcoin speculation has become.

[@DoughJones]

It's not really about whether you won you or lost on bitcoin, it's about whether you participated or not in something, that contradicts the basic wealth principles.

[@iancordell4718]

I really feel left aside hearing and seeing several testimonies from people on profits they make from Bitcoin/Forex Investment.. Can someone recommend a good expert that trade on my behalf and generate profit for me

[@iancordell4718]

Who is this Letton Deb everyone is talking about and how do i contact her directly?

[@luciler.anderson2531]

Wow can't believe you guys also know expert Mrs Letton Deb

[@luciler.anderson2531]

Trading with her has been the best decision i and my husband has made this year

[@luciler.anderson2531]

My only regret is not starting up earlier... I and my husband can't wait to cashout tomorrow and reinvest.

[@MaxFrag]

stop asking this man about thing he doesn't understand, he already told you he's not into that.

[@jeffreyexposito3803]

This dinosaur missed out on Apple and other tech stocks in the early days because he said he didn't understand them.

[@osunaedgar]

Stupid people have no respect for wisdom and refuse to learn. Calling him a dinosaur speaks a lot about who you are. Modern society has created this myth and environment where random youtubers really DO believe to know more than one of the most successful investors of all times. So the way to judge the guy is to point at Apple and shame him for letting it pass because he was humble and disciplined enough to do so and share the reason why he did that..? Are you going to judge him based on the ones he let pass, like AIG, or the ones he bought after due diligence, like AMEX..?

[@nebelung1]

to be honest most ordinary people sold what tech stocks they had during the 2001 crash... and even fewer kept them through all of the 2008 crash.

[@JL-ep6op]

He has 110 billion dollars. He doesn’t care if he missed apple in its early days.

[@jeffreyexposito3803]

@@JL-ep6op True but he was responsible for many missing out by telling them not to invest in Apple and the other big tech stocks that could have made them millionaires. He's doing the same mistake with Bitcoin.

[@jeffreyexposito3803]

@@nebelung1 And WB and other influential people were responsible by giving bad advice to not buy tech stocks including the big ones when they were very cheap.

[@leonardomendoza-m7e]

youtube has to do something about all these bots, its getting out of control

[@danield3965]

It’s like showing your great grandparents how to work a smartphone

[@ronbo30]

Isn’t this the same guy who calls crypto rat poison. Yet he is investing in crypto. What a hypocrite.

[@JonesFlora910]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Jennifer Rose.

[@NelsonThomas887]

I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.

[@Austin1Reed]

Mrs Rose changed my life because of the high profits I got from investing with her.

[@TeeTemce]

You invest with Mrs Rose too? Wow that woman has been a blessing to me and my family.

[@Markiplier987]

I'm new at this, please how can I reach her?

[@DebraDavies-12]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.

[@SusieAspen]

Buffett's view on crypto: Don't let FOMO turn your investment into a modern-day chain letter. Invest wisely! 💼🔗 #CryptoAdvice

[@michael2275]

So he still doesn't understand bitcoin...

[@sunchips5]

And he has no desire to ever understand bitcoin. The fiat system has made him filthy rich. He has no need to understand cryprocurrencies nor invest in them.

[@Roger-il8iw]

Comparing Bitcoin to chain letters 😂

[@21Million]

Poor guy. He's been hurt a lot in his life by gamblers and scammers.

[@tabularasa7350]

He is Right.

[@christinemahinay499]

You can't teach an old dog new tricks.

[@bolofinder9750]

With all due respect to Warren he mentioned gambling -roulette - wheel’s lottery and all kinds of things that have nothing to do with Bitcoin but doesn’t seem to know very much about Bitcoin

[@nGUNNARp]

the guy has made an unbelievable amount of money, solely off the backs of other people's labour...i don't blame him for it, he played the game well, but for him to do that and either fail to recognize the problems with how money works and/or just not care says a lot about him imo....all it took for me was to own 1 house, and see how that house appreciating over time was making me more wealth than any job i could slave away at for me to start getting depressed about how broken the world is (i discovered bitcoin later and realized someone had already invented a solution)

[@CryptoMeme]

He doesn’t buy gold either so…not the smartest guy in the room. Stocks are gambling too Warren.

[@barryallen6927]

You should listen to his speech where he answers the question why he doesn't buy gold. Gold, like crypto, doesn't produce anything. You can keep gold in your safe, look at it, fondle it, but even after 20 years it won't produce anything. Stocks in *good* businesses produce tangible value to people. They produce cash flow. But with your nickname, I can say you are mixing up speculative stocks (which is gambling) like AMC and all other meme stocks with value stocks.

[@nebelung1]

Gold has some uses in electronics devices and of course in luxury wares and jewellery but in general copper has way more applications so the demand of copper is probably a better indicator of how good the bigger economy is doing

[@spencerides1951]

I’m a full time gambler and a Bitcoin investor so this guy just makes me laugh.

[@devinfleenor3188]

I mean if bitcoins value is based on gambling instinct then thats bullish right?

[@albertdezwart2968]

^^^^Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.

[@albertdezwart2968]

@Umar Ali mohammed As a beginner investor, it's essential for you to have a mentor to keep you accountable 🤷. Myself I'm guided by Mrs patricia lawson, a widely known crypto consultant 💪

[@albertdezwart2968]

@grace oluwatoyin I'm sure her service is available outside the US, but you gotta ask her first. I'm positive because I have a friend who stays in Australia and using her services too. You should ask her though to know if she offers her service to your country...She's actually from Italy but she's Based in USA with her family.

[@albertdezwart2968]

you can easily contact her with the mobile details below👇👇

[@albertdezwart2968]

+1562

[@albertdezwart2968]

452

[@e7venjedi]

Here as BTC is worth more than Berkshire Hathaway [again]... and also to point out that the stock market is essentially a way for people to gamble that specific companies will be worth more in the future than they are today -- and why do people engage in this gambling other than greed? Because they are fleeing fiat currency which cannot be used to store wealth as it is guaranteed to lose purchasing power over time.

[@user-im2pu8jv6o]

He speaks like Joe Biden

[@The_melek2]

You can call Xt35Et bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but Xt35Et breaks everything

[@J_jarv]

I totally agree with what you are saying....The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader Raphael Morris

[@darf8475]

Respect to Mr Buffet but the worlds changing in ways he nor I can comprehend

[@ras8514]

Born a scrooge and happy eating hamburgers and sweet soda. Buffet's investing style is Not relevant to 80% of investors or the modern world.

[@Destorrrrr]

I've made half a million tax-sheltered since 2019 just buying boring old oil and gas stocks and doing nothing with them via the Buffett style

[@brunoheggli2888]

How so?Its accualy exactly that what serious investors do with their hard earnd money!

[@RafikiCuatepotzo]

I really appreciate your efforts! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

[@Pisiverarose]

I'll forever be thankful to you, you've changed my whole life, I'll continue to preach about your name for the world to hear, you've saved me from a huge financial debt with just little investment, thanks so much Mrs Shelia Carr...

[@Cristine_Forsberg]

Amazing that you know her too. It's only been a few months with her, my portfolio has grown tremendously and i've been making alot of profit....

[@Aaronparkerr]

You invest with Mrs Shelia too? Wow that woman has been a blessing to me and my family.

[@Aaronparkerr]

Mrs Shelia is a prayer answered, I was at that point of giving up when i met her, she turned the tides around

[@Baronny]

I’m new at this, how can I get hold of your broker ?

[@Lauren_Munoz]

I had my doubts at first when i came across her name, took the risk to tryout her strategies, i was mind blown on the huge returns.......

[@kingmiller1982]

Buffet is a G 👑

[@RealJohnRedcorn]

and now bitcoin is 69,000

[@jamestan4659]

Remember when Warren refused to invest in tech ie; apple and Amazon because he doesn't "understand" it. He ate what he said when he realized everyone's using, apple products now. He has no choice but to adapt to the cryptonized world

[@jewellui]

Don't get me wrong I'm a beliver with Bitcoin but this was a good argument.

[@Torsdagskvallsmys]

If only he could explaine why cryptos are gambling, I dont understand.

[@damarcusdidit]

New technology is not gambling Mr.Buffet

[@pj-hs7pk]

Do you know how many new technologies Buffett has lived through

[@harbster2]

No new money in crypto for over 6 months. That's interesting!

[@ChaceBonanno]

Equities have outperformed gold, but is the "income producing" factor the undeniable reason? If gold had outperformed equities, would it still be a poor investment because it doesn't produce income? Is there no intrinsic value to a scarce storehold of value? I think Bitcoin could continue to outperform equities without producing any income, but simply as a result of growing adoption as a secure storehold of value. It's purely speculation, but then again, so is forecasting cash flows.

[@thisisheaven2488]

Warren Buffett is a wise man and Legendary investor. Truly incredible and inspirational. However, this is not Mr. Buffett's arena. He should stick to his strong suits in Stocks and Business.

[@uberboiz]

That's exactly what he does - sticks with stocks and business, and doesn't even bother dabbling in crypto.

[@huseyinkiraz4452]

On Xt35Et go long when the sell pressure reduce.

[@ardagundogdu6274]

Bro, i bought Xt35Et in September after your video. i'm up 79%.

[@BigSnowman626]

i recently found out i was learning about crypto before it was public.

[@Marjii_11]

I'm DCAing in Xt35Et as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

[@JohnXOsterman]

Holy moly, two major admissions here.

[@Flyit37075]

horse and buggy days are numbered.

[@hexflex2957]

Word salad

[@mikaildagyar4166]

Xt35Et gang in the house! Thanks for the analysis!

[@teddykayy]

Random crypto bagholders in these comments criticizing the most successful investor of all time

[@egotbands2145]

“Invest in Coca Cola” in that old ass raspy voice 😂😂😂😂

[@justincarrizales1206]

But he a multi billionaire and you are not. Big difference my guy

[@egotbands2145]

@@justincarrizales1206 lol anyone would be a billionaire if they invested in anything 60 years ago smart pants

[@Gridlock047]

Says the man who has trademarked crypto wallets. This man is investing in Micro Strategy stock because the SEC doesn’t regulate bitcoin. Now it is your job to find out how much bitcoin the CEO of MicroStrategy owns. You’re welcome.