So from a very young age I have looked up to Warren Buffet as being one of the most patient and cunning investors out there.
It's clear, he plays the long game when it comes to investments. This is a great mindset to have and it is one I have transferred to the crypto space as I do believe that HODL since 2013 was a good idea and I still think it is going forward. The problem is that people get so hung up on what is happening in larger countries with cryptocurrencies rather than a bunch of smaller ones.
Cryptocurrencies are global assets and move in a different way than any store of value in history has as a digital asset.
Now I do respect the views of Mr. Buffet and of those from Berkshire Hathaway but at the same time I know how cunning of a business man Warren Buffet is.
Usually in this crypto game since I've been in, when someone says something negative it is a way for them to enter the markets cheaper or help out those that he has invested in.
Warren Buffet as an investor has made himself a pioneer for investing in the things he uses like coca cola but he and Berkshire Hathaway have heavy holdings in the financial institution and money transmitter industry.
Always remember in this game everyone has an agenda even if they talk negatively about something.
Always look at Jamie Dimon as the almighty judice of this game.
Remember that this opportunity has allowed them many great money making opportunities legally with massive amounts of profits. People forget this is cryptocurrencies greatest asset is that because of the low amount of supply it allows for an amazing amount of volatility which equals profitability.
Also the ability to hedge on the futures makes for an even more interesting business climate going forward.
Warren Buffet is my icon but I don't think he realizes that the young people in society have now taken control from the older generation as the new technology becomes even more prevalent in the new era.
Cheers
Dante
I certainly hope you are right that more young people are taking the lead, hopefully in so many ways, especially taking away the monopoly of the Banksters. Now, if they would just vote too. Then we could really change the world to our liking. And, BTW, I'm not young, just young at heart.