Bitcoin is not a viable investment!
$iShares Bitcoin Trust(IBIT)$ $ARK 21Shares Bitcoin ETF(ARKB)$ $Grayscale Bitcoin Trust(GBTC)$ $Bitwise Bitcoin ETF(BITB)$ $Invesco Galaxy Bitcoin ETF(BTCO)$ $Fidelity Wise Origin Bitcoin Fund(FBTC)$ $CME Bitcoin - main 2403(BTCmain)$
BTC Bull Trap? Uh-oh, I'm not sure if I'm ready for that! This rebound seemed like a sure thing, but now I'm starting to have doubts. I don't want to get caught in a trap and lose all my money. I'm going to be extra careful and watch the market closely.
The cryptocurrency market is a whirlwind of excitement and uncertainty, fueled by a fear of missing out (FOMO) and speculation about its future trajectory. Amid this frenzy, one of the most seasoned voices in investment, Warren Buffett, has consistently made clear his stance on the matter: he wants nothing to do with cryptocurrency.
Despite the growing acceptance of Bitcoin in the traditional finance sector, Buffett's stance remains unchanged, emphasizing his belief that Bitcoin is not a viable investment.
The late Charlie Munger, who was Berkshire Hathaway’s vice chairman and Buffett’s long-standing collaborator, echoed this sentiment during the meeting, criticizing cryptocurrency trading as “just dementia.”
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
