What does Warren Buffett say about bitcoin?
Warren Buffett has repeatedly expressed his skepticism and criticism towards bitcoin. He has called it a 'gambling device', likening it to gambling in Las Vegas, and has stated that it has no intrinsic value. Buffett argues that Bitcoin does not produce anything and its value is dependent on more people entering the market and buying at higher prices. He has also compared bitcoin to a bubble and warned that it could completely collapse. Additionally, Buffett has stated that he does not believe in the value of bitcoin as a currency due to its volatility and lack of stability.
What does Jim Cramer say about Bitcoin?
I want to know Jim Cramer's opinion on Bitcoin. What are his thoughts and views regarding this cryptocurrency?
What does Elon Musk think about Dogecoin?
I'm curious about Elon Musk's opinion on Dogecoin. Given his influence in the crypto market, I want to know his thoughts on this particular digital currency.
What do you think of punched coins?
I'm curious about punched coins. I've heard of them but don't know much about their history, purpose, or value. Are they collectibles or just a novelty? What are your thoughts on punched coins?
What do you say when a price is too high?
I'm curious, when faced with a seemingly high price for a cryptocurrency or financial asset, what's your approach? Do you take a step back and reassess the fundamentals, or do you look for alternative opportunities? Are there any specific indicators or metrics you rely on to determine if a price is justified? And finally, how do you balance the potential for growth against the risk of overvaluation?