Reply to percent of portfolio in bitcoin?

Forum Index » Money and Finances

Reply to "percent of portfolio in bitcoin?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The late Charlie Munger said it best, “It’s like somebody else is trading turds and you decide, “I can’t be left out.”

I’d rather invest in real businesses that contribute to society than a market tailor made for fraud, money laundering and illicit exchanges. It’s also highly correlated to the performance of the tech firms w  hi inch are clearly overvalued. And if we truly experience an economic calamity, a digital currency isn’t going to save you. [b]I’d rather buy prime farmland and a shotgun in that case. [/quote][/b]

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.[/quote]

No, it's worse than that. It's a tool for dictators, criminals, and black market participants to trade with financial neophytes like you. Congrats. But you do you, guy. I'll stick to my boring traditional equity investments in American companies following on the principles of Charlie Munger and Warren Buffet. The thing is, I don't get emotional about my investments like you do. I also don't make it my personality. I also don't need to convince others that I'm right.[/quote]

If you don’t need to convince others you are right, why do you keep responding to reiterate your opinion? Could it be you may in fact be right, or wrong, or a mix of both, but we don’t have the data yet because it’s so nascent?[/quote]

https://fortune.com/2025/01/22/warren-buffett-berkshire-hathaway-changes-stance-on-crypto/

“I get into enough trouble with things I think I know something about,” Buffett said in the 2018 CNBC interview. “Why in the world should I take a long or short position in something I don’t know anything about.”[/quote]

He's a dummy. I watched a YouTube video on Bitcoin so I am an expert. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics