Warren Buffett has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $553k to put in the market now that prices are down. Any ideas?
It takes some gut to really remain in the market despite downturns and all. So just find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
*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*
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.
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.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
How can one start,most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Richard Dennis is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Wow. I'm a bit perplexed seeing Richard Dennis been mentioned here also Didn’t know he has been good to so many people too this is wonderful, I'm in my fifth trade with him and it has been super.
Warren has the best logical, rational and moral mind on anyone I have ever encountered. He has made my life through Berkshire stock extremely financially comfortable. Being from the poorest state in America, Mississippi, I through research discovered him and put totally my financial viability which him 34 years ago never having a second thought about my decision. That is something I could never do with the United States government elected officials sad to say.
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.
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.
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
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?
I have lost up 5k in my trading account, I have used a lot of strategy I saw on UA-cam'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.
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.
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
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
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...
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..
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.
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
@@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
@@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.
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Mathew . A widely known crypto consultant
I started working with Alex Mathew back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
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
@@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.
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.
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.
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..
His hatred of bitcoin has aged him a lot in the last two months. Guys like Buffet and Munger have this attitude of you either do it our way or you don't make money way at all. They want people to only make money through them, their Wall Street friends and the 1 percenters. And he doesn't fully understand the meaning of intrinsic value. If having self-custody of your money and assets, as crypto allows, and being an inflation hedge, is not intrinsic value then I don't know what is. You don't need to feel a piece of thing for it to have intrinsic value. A piece of computer code can have far more value to society than a plot of agricultural land.
yeah. Warren Buffet, the guy who has made a name for himself as the greatest investor of all time with other 60 years of extraordinarily successful stock picks doesn't understand intrinsic value. That's let saying Messi understand football. And what, you know better? Come on man, pick a better argument.
@@ethansaltmere He is actually not the greatest investor of all time. It's sheer amount of time has allowed him to become worth what he is. And he got some great deals along the way both in terms buying up badly managed companies really cheap or loans on very preferential terms.
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.
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.
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.
@@gurmeetsinghharkamsingh7020 5% of his wealth is approx. $7,35B which is 70328 Bitcoin. It is approx. 8 times less what BlackRock IBIT holds. Considering that daily trading volumes often exceed $10-30 billion globally, it is totally possible to sell. Who absorbs those sells? Those "greater fools" are institutional investors (BlackRock, and other ETF issuers), BTC mining companies, market makers, international companies around the globe, some banks for their clients, and retail. It is not hard to find this information.
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...😁👍💰💰💰💰💰💰🏆💛
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.
@@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.
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.
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?
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.
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.
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 ❤️
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 UA-cam 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!
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.
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🤦🏻🤷🙈
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.
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.
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.
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
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?
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.
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?
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.
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
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.
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?
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.
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
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.
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.
@@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.
@ Well, the question was „When can BTC declared to be not a thing?“ Buffet did *not* answer the question, didn‘t make a solid argument but mumbled about „gambling“ that I could say about all risk assets. Nobody can deny his prowess with stocks but I claim he doesn‘t understand what bitcoin is. He‘s stuck in the 20th century. True: POWL, APP, NVIDIA and Bitcoin related stocks like MSRT, RIOT and MARA did better than BTC.
@@Kryptoherra He's a value investor and only invests in things that produce value. Bitcoin/cryptocurrencies don't do that. The definition of value (when it comes to investing) doesn't change depending on which century we're in, the underlying principles remain the same.
@ Hi Semper. I understand your point. My point remains: Buffet doesn'tunderstand what Bitcoin is, he still thinks its a scam of sorts, a "gamble". In fact all risk assets (real estate, stocks, crypto etc.) are speculative, price grows based on expectation of future value. When Apple stops innovating, the expectation changes and price falls. Has happened to many "great" tech companies before. Companies have CEOs, Board of Directors, lawyers etc. Bitcoin has none of that baggage, there its much like gold. Bitcoin's value is based on unique properties as a globally portable, censorship resistant, scarce, self-custodial asset that enjoys a 24h free market and potential of a global adoption. Bitcoin may fail but its the best change weeve got to create a financialsystem that is based on transparency and meritocracy (skill, knowledge).
@@Kryptoherra A bit of a hot take on my part, but I don't think the decentralization of currency is necessarily a good thing. Our society today is built on many centralized institutions that work together, in tandem, so that the well-oiled machine can keep running. Something that is decentralized is very difficult to write enforceable legislation for and therefore easily abused by bad actors. Ideological differences aside, there is still a distinct difference between an investment and a speculative asset. Some stocks can be speculative assets, and I'd argue that most are, but some stocks of large, reputable companies have solid fundamentals and proven track records and are more likely than not to keep being profitable in the future. Public companies are beholden to their shareholders and their CEOs are working tirelessly to increase their company's profitability and make their investors money. Cryptocurrencies have no such thing, they're just clever computer science.
I think a Good T/A like Mrs Linda Bradford will pay off more than random u-tube videos, a lot of UA-camrs don't actually care if you loose money, they just want more views and traffic🚦⛔
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😊
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.
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?
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
Crypto is a literal time bomb. The only question is the length of the fuse.......But one thing is very likely: expect an explosion like nothing the financial world has ever seen.
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
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)
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.
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.
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..?
@@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.
@@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.
Unlike stocks and shares in companies (or even real estate), Bitcoin doesn't produce or give payments, while stocks do in the form of dividends. Remember, the only ways to earn money in stocks are through price appreciation and dividends. Usually stocks are valuable because of the dividend they pay, or could pay (which depend on earnings). Bitcoin don't pay - the only way you can earn money off it is through higher and increasing prices. So what is there to it? Where is the value in a Bitcoin? I guess you could say the same for gold, but at least that is tangible.
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...
It's a shame Buffett is not 10 years younger, because back when he was cogent he did a masterful job ripping into currency and precious metals speculation.
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?
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
Remember Warren Buffet is the guy who said Amazon and Google were not good investments way back when. It's simply not true that an expert in X automatically understands Y.
Amazon and google were still businesses that had products and services, people like yourself lack the understanding that crypto has 0 utility. Blockchain has value, but fictitious internet currency does not. If we all got nuked today, do you know what would still be around? Natural resources, metals, and cash.
@@Shadai929 UA-cam may not allow me to paste a link but here is a quote from 2018: "I made the wrong decisions on Google and Amazon. We’ve looked at it. I made the mistake in not being able to come to a conclusion where I really felt that at the present prices that the prospects were far better than the prices indicated.”
@@Shadai929 Explain. The article I linked to is lying? They present it as a direct quote. Which is actually irrelevant: it's _actions_ that count. Bottom line is Buffett did ignore Amazon and Google at the time when it was the (very) wrong thing to do. He is simply not a person who understands the new technologies well. There were many experts like him in the 1990s, they were predicting Amazon would never become truly successful because the customer will always prefer a face-to-face contact with the salesperson. So YMMV but listening to an expert in traditional securities investing opine on a new technology like Bitcoin deserves a _very_ thorough doublecheck, esp. given his track record.
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.
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
@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 💪
@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.
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.
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
I interpret him saying that the state sponsoring crypto is inevitable because its a way for them to make money, like playing lottery. People can't control the instinct, which means the state is gonna wanna play too, which I guess will provide my legimitization and will drive up value.
We've gone from $700 per BTC to over $60k in the few short years I've been in this space. Come on Buffett! At what point do you realise it's more than gambling. BTC has shown itself to hold and grow value over time. It's not a great spending currency. That's fine. We have rapidly devaluing fiat currencies for that. But if you want to hold your wealth for a decade, you could've done worse than Bitcoin over the last one.
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...
Warren Buffett has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $553k to put in the market now that prices are down. Any ideas?
It takes some gut to really remain in the market despite downturns and all. So just find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.
I've been looking for advisors recently because the market news hasn't been very positive. who’s the person that is guiding you.?
I work with “Diana Casteel Lynch” I understand what it's like to see your portfolio going down. I hope the performance improves.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
*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*
Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.
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.
@James Rico The trick is to diversify your investment, don't panic when everyone else is and invest consistently.
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.
@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.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
That sounds great, but isn't it risky to invest in cryptos at this time as a noob? What do you advice please. I'd be happy to get a feedback
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
Richard Dennis is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Wow. I'm a bit perplexed seeing Richard Dennis been mentioned here also Didn’t know he has been good to so many people too this is wonderful, I'm in my fifth trade with him and it has been super.
Mind if I ask you to recommend how to reach this particular coach you using their service?
Warren has the best logical, rational and moral mind on anyone I have ever encountered. He has made my life through Berkshire stock extremely financially comfortable. Being from the poorest state in America, Mississippi, I through research discovered him and put totally my financial viability which him 34 years ago never having a second thought about my decision. That is something I could never do with the United States government elected officials sad to say.
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.
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.
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
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?
I have lost up 5k in my trading account, I have used a lot of strategy I saw on UA-cam'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.
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.
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.
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
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
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
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...
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..
never underestimate stupidity in large groups
How do you feel now brother
How do you feel now brother
You definitely don’t know how Bitcoin works, it really got potential to be widely used everywhere.
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.
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
@@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
@@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.
@@stephaniestella213 Helene Claire Johnson is widely known. You can verify her and use her services if you want.
@@joesphcu8975 Thanks for the info , found her website and its really impressive
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Mathew . A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Mathew back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
So how can I get in touch with Alex Mathew anyone?
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
Could that be the reason why BRK dumped a bunch of BAC shares 🤔
What a treat to listen to this legendary investor. I’m so happy that was able to avoid bitcoin ( worthless asset) thank you buffet
cringe you would be up so much..
@@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.
Is true he gives 0.34 BTC
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.
ouch 🤕
Is not stocks gambling as well?
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.
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.
😂Well said @@dimitriosdesmos4699
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..
@@FrankOddie1984 gold is still gambling.
Stop asking the 90 year old about cutting edge tech. Just stop
Ha ha ha ha lol. You nailed it Sir! Stop asking a 90 year old about cutting edge technology, just stop it!
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.
"cutting-edge tech" a.k.a investing a fortune in zeros and ones. Sad...
@@st0adon’t underestimate the power of indo Arabic numerals and decimal system
@@corbett1970 Bitcoin WILL cost 1 million dollars one day. I think Buffet is wrong on this one.
wow im always amazed at buffets explanations!
And now lol?
@ I bought bitcoin last year wish I’d bought more
@@existandlive so never listen to that people who not want you to win
@ ok
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
the same guy who passed on Google when it was peanuts
Still a billionaire who invested in other great companies . You can’t invest in every hood company in the world !
Google produces something. What does bitcoin, doggy coin produce?
The vast majority passed on it too
@@barryallen6927 blockchain in general produces: trust, security, transparency, and the traceability of data shared across a business network
This “guy” has made more money and done more in his life than you and your entire family could ever dream of.
There's a fine line between gambling and investing. Everything is a calculated risk.
Great that Buffett acknowledges it to be a different climate
Amazing to me that people don't understand that decentralised ledgers are a technology that's superior to bookkeeping.
Subed
110% right.
His hatred of bitcoin has aged him a lot in the last two months. Guys like Buffet and Munger have this attitude of you either do it our way or you don't make money way at all. They want people to only make money through them, their Wall Street friends and the 1 percenters.
And he doesn't fully understand the meaning of intrinsic value. If having self-custody of your money and assets, as crypto allows, and being an inflation hedge, is not intrinsic value then I don't know what is. You don't need to feel a piece of thing for it to have intrinsic value. A piece of computer code can have far more value to society than a plot of agricultural land.
yeah. Warren Buffet, the guy who has made a name for himself as the greatest investor of all time with other 60 years of extraordinarily successful stock picks doesn't understand intrinsic value. That's let saying Messi understand football. And what, you know better? Come on man, pick a better argument.
@@ethansaltmere He is actually not the greatest investor of all time. It's sheer amount of time has allowed him to become worth what he is. And he got some great deals along the way both in terms buying up badly managed companies really cheap or loans on very preferential terms.
Still, he is in the top 3 of the famous investors.
Must be time to buy
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.
It was, in fact, time to buy.
Myself during this Bear Market only trying to focus on BTC, Xt35Et, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦
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.
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.
So what "fundamentally" supports the price (and value) of Bitcoin?
Buffet could have been the world’s first Trillionaire if he would have invested 5% of his worth in 2017 into Bitcoin
and there would be liquidity for him to sell? who would absorb those sells and why? a greater fool?
@@gurmeetsinghharkamsingh7020 5% of his wealth is approx. $7,35B which is 70328 Bitcoin. It is approx. 8 times less what BlackRock IBIT holds. Considering that daily trading volumes often exceed $10-30 billion globally, it is totally possible to sell. Who absorbs those sells? Those "greater fools" are institutional investors (BlackRock, and other ETF issuers), BTC mining companies, market makers, international companies around the globe, some banks for their clients, and retail.
It is not hard to find this information.
He literally said nothing and shared a heartwarming story from the one time he observed gambling in 1937! WTF!?!
Keep coping, poopcoin fan.
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...😁👍💰💰💰💰💰💰🏆💛
What question did he answer?
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.
Something about Vegas?
That's a good question
His speech on this topic was an incoherent rant about gambling with no attempt to understand what cryptocurrencies offer to society.
@@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.
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.
Says the "Wealth Journey" con artist
Buying stocks isn't gambling, but bitcoin is?
He gambles with much less risk. Big money on slow, low risk companies.
A stock is a business crypto is fairy dust you understand that
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?
There are certainly ways to heavily speculate in stocks, but that also is not what he does.
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.
He called Crypto projects. "chain letters" 😂😂😂 such a funny, but true analogy
Is he confused about the block chain thinking it's like chain letters!? Lmao, old bat is nearly as confused as Joe Biden.
He also calls I.C.O's Icoes 😂 sounds funny
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.
Tf u talking about
There is no Amazon anything….
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 ❤️
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 UA-cam 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!
@ألف ومية
Warren Buffett is worth 100 billion. How much are you worth?
Warren mentioning a mob figure just made my morning 😂
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.
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🤦🏻🤷🙈
Or apple initially
He didn’t buy Microsoft because he wouldn’t want to be accused of trading based on insider knowledge.
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.
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.
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.
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
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?
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.
Great analysis! How will Step Finance form more partnerships as it grows?
Gambling urge also covers Wall Street buddy.
Facts
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?
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.
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
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.
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?
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.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
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?
stop asking this man about thing he doesn't understand, he already told you he's not into that.
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
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.
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.
@@JaykeTurner Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
@@RebeccaBellick credits to Heather Ann Christensen, one of the best portfolio manager;s out there. she;s well known, you should look her up
@@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.
This didn't age well. BTC did almost 4x since then.
That doesn't prove him wrong? Plenty of stocks have performed much better than that in the past.
@ Well, the question was „When can BTC declared to be not a thing?“ Buffet did *not* answer the question, didn‘t make a solid argument but mumbled about „gambling“ that I could say about all risk assets. Nobody can deny his prowess with stocks but I claim he doesn‘t understand what bitcoin is. He‘s stuck in the 20th century. True: POWL, APP, NVIDIA and Bitcoin related stocks like MSRT, RIOT and MARA did better than BTC.
@@Kryptoherra He's a value investor and only invests in things that produce value. Bitcoin/cryptocurrencies don't do that. The definition of value (when it comes to investing) doesn't change depending on which century we're in, the underlying principles remain the same.
@ Hi Semper. I understand your point. My point remains: Buffet doesn'tunderstand what Bitcoin is, he still thinks its a scam of sorts, a "gamble". In fact all risk assets (real estate, stocks, crypto etc.) are speculative, price grows based on expectation of future value. When Apple stops innovating, the expectation changes and price falls. Has happened to many "great" tech companies before. Companies have CEOs, Board of Directors, lawyers etc. Bitcoin has none of that baggage, there its much like gold. Bitcoin's value is based on unique properties as a globally portable, censorship resistant, scarce, self-custodial asset that enjoys a 24h free market and potential of a global adoption. Bitcoin may fail but its the best change weeve got to create a financialsystem that is based on transparency and meritocracy (skill, knowledge).
@@Kryptoherra A bit of a hot take on my part, but I don't think the decentralization of currency is necessarily a good thing. Our society today is built on many centralized institutions that work together, in tandem, so that the well-oiled machine can keep running. Something that is decentralized is very difficult to write enforceable legislation for and therefore easily abused by bad actors. Ideological differences aside, there is still a distinct difference between an investment and a speculative asset. Some stocks can be speculative assets, and I'd argue that most are, but some stocks of large, reputable companies have solid fundamentals and proven track records and are more likely than not to keep being profitable in the future. Public companies are beholden to their shareholders and their CEOs are working tirelessly to increase their company's profitability and make their investors money. Cryptocurrencies have no such thing, they're just clever computer science.
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.
Bitcoin is the way of the future, and investing in it will be the smartest decision you can do, especially with its present Price.
I think a Good T/A like Mrs Linda Bradford will pay off more than random u-tube videos, a lot of UA-camrs don't actually care if you loose money, they just want more views and traffic🚦⛔
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😊
I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading.
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.
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?
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
Who is this Letton Deb everyone is talking about and how do i contact her directly?
Wow can't believe you guys also know expert Mrs Letton Deb
Trading with her has been the best decision i and my husband has made this year
My only regret is not starting up earlier... I and my husband can't wait to cashout tomorrow and reinvest.
UA-cam has to do something about these stupid bots that plague the comments sections of every single video about finance.
Crypto is a literal time bomb. The only question is the length of the fuse.......But one thing is very likely: expect an explosion like nothing the financial world has ever seen.
You clearly don't understand the value of BTC, do you?
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
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)
Thanks Buffet, I bought more Bitcoin today.
youtube has to do something about all these bots, its getting out of control
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.
I wish I could thumbs up this comment multiple times.
Buffet is a smart guy, but he’s so ignorant about Bitcoin. The man needs to sit down and understand the technology.
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.
Where is the full interview
This dinosaur missed out on Apple and other tech stocks in the early days because he said he didn't understand them.
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..?
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.
He has 110 billion dollars. He doesn’t care if he missed apple in its early days.
@@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.
@@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.
Are people in argentina gambling living there?
I guess he’ll have to add Bitcoin to his list of catastrophic misses including Apple, Google, Amazon, etc.
Unlike stocks and shares in companies (or even real estate), Bitcoin doesn't produce or give payments, while stocks do in the form of dividends. Remember, the only ways to earn money in stocks are through price appreciation and dividends. Usually stocks are valuable because of the dividend they pay, or could pay (which depend on earnings). Bitcoin don't pay - the only way you can earn money off it is through higher and increasing prices. So what is there to it? Where is the value in a Bitcoin? I guess you could say the same for gold, but at least that is tangible.
When I hear a vampire like Buffet hates Btc i sleep better at night.
#BuySign
One of the best investors in the market history, making your comment more a reflection of your education level than Mr. Buffets expertise.
@@jlvandat69 Do not confuse education with intelligence. A lot of these gamblers often lack emotional intelligence and temperament.
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...
@@osunaedgar 👍👍 very well said.
It's a shame Buffett is not 10 years younger, because back when he was cogent he did a masterful job ripping into currency and precious metals speculation.
He is out the time of the flinstones, the modern time goes to fast for this man .
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?
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.
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
Well analyzed as always.
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.
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.
I read about her too on website . That is how I get connected to her. Thanks for putting this down here
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How does she operate and can I get have a line on her??
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.
That's exactly what he does - sticks with stocks and business, and doesn't even bother dabbling in crypto.
It’s like showing your great grandparents how to work a smartphone
Comparing Bitcoin to chain letters 😂
did he compare block chain to a chain letter?
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.
It’s 90 plus now. People like you have no clue what btc is.
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.
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.
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.
So he still doesn't understand bitcoin...
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.
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.
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I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
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
You can't teach an old dog new tricks.
Respect to Mr Buffet but the worlds changing in ways he nor I can comprehend
Warren Booming so hard
i recently found out i was learning about crypto before it was public.
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.
Xt35Et gang in the house! Thanks for the analysis!
Poor guy. He's been hurt a lot in his life by gamblers and scammers.
and now bitcoin is 69,000
“Invest in Coca Cola” in that old ass raspy voice 😂😂😂😂
But he a multi billionaire and you are not. Big difference my guy
@@justincarrizales1206 lol anyone would be a billionaire if they invested in anything 60 years ago smart pants
How you like me now?
- BTC at 90k
Then sell and enjoy life
Remember Warren Buffet is the guy who said Amazon and Google were not good investments way back when. It's simply not true that an expert in X automatically understands Y.
He never said that and you will never find any evidence to say otherwise
Amazon and google were still businesses that had products and services, people like yourself lack the understanding that crypto has 0 utility. Blockchain has value, but fictitious internet currency does not. If we all got nuked today, do you know what would still be around? Natural resources, metals, and cash.
@@Shadai929 UA-cam may not allow me to paste a link but here is a quote from 2018: "I made the wrong decisions on Google and Amazon. We’ve looked at it. I made the mistake in not being able to come to a conclusion where I really felt that at the present prices that the prospects were far better than the prices indicated.”
@@JanPBtest UA-cam does let you copy any link there just isn’t one to copy because it never happened
@@Shadai929 Explain. The article I linked to is lying? They present it as a direct quote. Which is actually irrelevant: it's _actions_ that count. Bottom line is Buffett did ignore Amazon and Google at the time when it was the (very) wrong thing to do. He is simply not a person who understands the new technologies well. There were many experts like him in the 1990s, they were predicting Amazon would never become truly successful because the customer will always prefer a face-to-face contact with the salesperson. So YMMV but listening to an expert in traditional securities investing opine on a new technology like Bitcoin deserves a _very_ thorough doublecheck, esp. given his track record.
He doesn’t buy gold either so…not the smartest guy in the room. Stocks are gambling too Warren.
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.
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
No new money in crypto for over 6 months. That's interesting!
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Uncle fred and aunt fanny has served them well
He speaks like Joe Biden
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.
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
I interpret him saying that the state sponsoring crypto is inevitable because its a way for them to make money, like playing lottery. People can't control the instinct, which means the state is gonna wanna play too, which I guess will provide my legimitization and will drive up value.
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.
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
How so?Its accualy exactly that what serious investors do with their hard earnd money!
We've gone from $700 per BTC to over $60k in the few short years I've been in this space. Come on Buffett! At what point do you realise it's more than gambling. BTC has shown itself to hold and grow value over time. It's not a great spending currency. That's fine. We have rapidly devaluing fiat currencies for that. But if you want to hold your wealth for a decade, you could've done worse than Bitcoin over the last one.
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What's better holding into crash or being safe with Xt35Et tell me