It's one big nonsense. A series of scandals in the crypto world reinforces Warren Buffett's position
Warren Buffett is arguably the greatest investor of all time. But one asset is keeping him up at night. He's been leaning more and more into cryptocurrencies lately. What's bugging the legendary billionaire so much?
The legendary investor and founder of a hyper successful fund hasn't been fond of cryptocurrencies for long. Back in 2018, he was extremely negative about them. He even predicted their complete demise.
"This is just not going to end well," Warren Buffett told CNBC television at the time.
And the current developments are playing into his hands. Bitcoin relatively recently reached a value of almost $70,000 apiece. But since then, the cryptocurrency has erased about 76% of its value and is currently worth about 16,000.
https://www.youtube.com/watch?v=HVm7Pfb0ilY
What is the world's most famous investor's current message to those who are now considering investing in bitcoin?
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ngising
This is in no way an investment recommendation.
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