It’s safe to say 2018 wasn’t the best year for cryptocurrencies. However, some firms aren’t willing to throw in the towel. In fact, Morgan Creek Digital just announced a “Buffett Bet 2.0,” or a $1 million wager that its cryptocurrency index will outperform the S&P 500 over the next 10 years. That’s quite a bet … Continue reading “A $1 Million “Buffett Bet 2.0” on Cryptocurrencies”
Warren Buffett
Warren Buffett: A Billionaire U-Turn on Cryptocurrency?
Author Andrew O'MalleyPosted on Categories Business, Crypto Technology, Cryptocurrency, General, UncategorizedLeave a comment on Warren Buffett: A Billionaire U-Turn on Cryptocurrency?Warren Buffett is on record for saying that Bitcoin is probably “rat poison squared”. He also called it a bubble and warned people not to invest in it. This seemed to be the general sentiment at his company. The Vice chairman of Berkshire, Charlie Munger is also on record for mentioning that trading in cryptocurrency … Continue reading “Warren Buffett: A Billionaire U-Turn on Cryptocurrency?”
Cryptocurrency Technical Analysis: Flags and Pennants
Author Saket Kumar SinghPosted on Categories Cryptocurrency, General, NewsLeave a comment on Cryptocurrency Technical Analysis: Flags and PennantsMuch like a stock, cryptocurrencies are driven by fear and greed. Therefore, frequent technical analysis of the markets is advisable And much like a stock, you need to be greedy when others are fearful, and fearful when others are greedy, as Warren Buffett would advise. But how to we know when that happens? One way … Continue reading “Cryptocurrency Technical Analysis: Flags and Pennants”
How Warren Buffett Would Trade Cryptocurrency Panic
Author Ian CooperPosted on Categories Blockchain, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, UncategorizedLeave a comment on How Warren Buffett Would Trade Cryptocurrency PanicWarren Buffett may not be a fan of cryptocurrencies. In fact, he and Charlie Munger still believe Bitcoin is a mirage and a “scum ball activity.” Buffett once went on to say it’s “probably rat poison squared.” Munger said the thought of owning cryptocurrencies was just “dementia.” However, we can still use the Buffett principles … Continue reading “How Warren Buffett Would Trade Cryptocurrency Panic”
Four Essential Steps to Protect your Portfolio Now
Author Ian CooperPosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, News, UncategorizedLeave a comment on Four Essential Steps to Protect your Portfolio NowMajor index futures are plunging. The Dow Jones is down more than 450 points. All as trade war fears grip the market. This will easily push the Dow below its 200-day moving average, and potentially another 1,400 points lower to the next support line. Fear of collapse is spilling over to cryptocurrencies. However, now is … Continue reading “Four Essential Steps to Protect your Portfolio Now”
Warren Buffett on Cryptocurrency: Why he May be Wrong
Author Ian CooperPosted on Categories Altcoin, Bitcoin, Business, CryptocurrencyLeave a comment on Warren Buffett on Cryptocurrency: Why he May be WrongNot everyone is a cryptocurrency bull. Warren Buffett and Charlie Munger still believe Bitcoin is a mirage and a “scum ball activity.” Buffett once went on to say it’s “probably rat poison squared.” Munger went on to say the thought of owning cryptocurrencies was just “dementia.” But analysts just pass that off as a generational … Continue reading “Warren Buffett on Cryptocurrency: Why he May be Wrong”
Cryptocurrencies are a “Blood in the Streets” Opportunity
Author Ian CooperPosted on Categories Bitcoin, Business, CryptocurrencyLeave a comment on Cryptocurrencies are a “Blood in the Streets” OpportunityWith cryptocurrencies, “It’s a mistake to be bearish when you’re already down.” That’s according to Fundstrat’s Tom Lee He believes the current value of Bitcoin is a buying opportunity. “The question you have to ask yourselves is, ‘Now that crypto is down here, is it appropriate to be bullish or bearish?’ And I just want … Continue reading “Cryptocurrencies are a “Blood in the Streets” Opportunity”
Cryptocurrency Trading: Why Technical Analysis is Essential
Author Ian CooperPosted on Categories Bitcoin, Cryptocurrency, NewsLeave a comment on Cryptocurrency Trading: Why Technical Analysis is EssentialThe idea that charts can make you money has been a matter of contention for years. Warren Buffett once remarked, “I realized technical analysis didn’t work when I turned the charts upside down and didn’t get a different answer.” Peter Lynch observed, “Charts are great for predicting the past.” Benjamin Graham before them famously said, … Continue reading “Cryptocurrency Trading: Why Technical Analysis is Essential”
These Technical Indicators Suggest Three Coins are Oversold
Author Ian CooperPosted on Categories Altcoin, Bitcoin, Crypto Exchanges, Cryptocurrency, Ethereum, NewsLeave a comment on These Technical Indicators Suggest Three Coins are OversoldTraders are often told that technical analysis is worthless. “Technical analysis is fundamentally flawed,” once noted Forbes. “Charts are great for predicting the past,” once noted Peter Lynch. Even Warren Buffett once said, “I realized technical analysis didn’t work when I turned the charts upside down and didn’t get a different answer.” We won’t argue … Continue reading “These Technical Indicators Suggest Three Coins are Oversold”
Warren Buffett says Bitcoin is one kind of game and not an investment
Author bittpressPosted on Categories BitcoinLeave a comment on Warren Buffett says Bitcoin is one kind of game and not an investmentWarren Buffett is still not sold on Bitcoin and cryptocurrency and when he speaks investor around the world listen. Yahoo Finance had an exclusive interview with Buffett in Omaha where he laid out his thinking on cryptocurrency investing. Bitcoin he says isn’t investing and “There are two kinds of items that people buy and … Continue reading “Warren Buffett says Bitcoin is one kind of game and not an investment”
