Any Professionals Invest on Crypto ? (Investment Funds / Warren Buffet / Soros / Donald Trump)

Just wonder any professionals invest on Crypto ? (Investment funds / Warren Buffet / Soros / Donald Trump)

Comments

  • +6

    Professional here. I invest in crypto.

    • +3

      You'll be in that $80k Merc in a matter of days!

      • +1

        Hahaha….Yeah my investment of $500 5 months back have become $2000. But not going to waste those in buying $80k merc…

  • +2

    Winklevoss' famously.
    None of the individuals you named, I think, from their public comments. There are rumours Soros will go short, but I think they are fantasies.
    Buffet style investors would run a mile. Trump would think it silly as he has no edge against anybody else - his style is to invest with everything stacked in his favour.

    • +2

      his style is to invest with everything stacked in his favour.

      And somehow he still manages to go out of business :p

    • yeah, the twins are lobbying hard so that their portfolio of bitcoin can go up, they could be the first bitcoin billionaires.
      Below is from news.com.au
      They wouldn’t comment on how much they still own, but said they had only ever sold or spent bitcoin twice in the past. “I think Cameron bought some Legos, and we bought tickets to Virgin Galactic Space,” Tyler said.

      “Unfortunately we really overpaid, because bitcoin went up about 20 or 30 times. So we learned our lesson — we don’t spend our bitcoin, we’re long-term holders. We think it’s a store of value much more than it is a currency.”

    • +1

      There's a steady hand to listen to! Get the real deal! McAffee style!!

    • +1

      John McAfee - the poster child for paranoid schizophrenia.

      • and getting worse the older he gets. I'll expect to see him wearing an RFID proof suit soon with a matching tin foil hat.

  • Historically over more than 300 years there is an average of 25 years between market bubbles as a new generation invests in whatever the new thing is. The new thing that is so amazing and different that all the old rules no longer apply and value can only keep going up.

    • 25 years between market bubbles? What planet is this?

      "old rules no longer apply" - Oh man. Where have I heard that before?

  • +1

    I think Warren Buffet hates crypto.

    • Warren Buffet is famously conservative and old-fashioned in his investment choices - favouring underlying value and productivity returns vs spectulative. It obviously works, but nothing says it's the only strategy that can or does.

  • +1

    Jamie Dimon CEO of JP Morgan once denounced crypto, sent it tumbling, but secretly buys crypto on the cheap

    • +1

      Gerry Harvey hides his in the racehorse stables with his Amazon shares.
      Why else would Frank Lowy sell Westfield?

    • +2

      When you want to buy bitcoin but there isn't a dip. You Make The Dip

    • That's literally every investment bank lol

  • I think Rothschild bought about 200k, so basically 0.00000000001% of their portfolio.

  • Julian Assange

    • Hasn't he been jailed yet. If he faced the music earlier on he would have been out by now.

      • He thinks its a setup to assassinate him, so whatever the jail term to him would be irrelevant.

      • Depends. He might also have disappeared into a CIA blacksite. That used to be pure tinfoil hat territory but after the revelations from Snowden and post-9/11? Proven to exist in countries like the Czech Republic, etc.

  • +4

    Do we need a new discussion category on Ozb? Crypto/Bitcoin is taking over the Financial Discussion Category! This should be a sign to 'Get out of Crypto'. It is not a 'Bubble' it is a 'Hot Air Balloon'!

  • another professional here. i have about $30,000 invested in crypto at the moment - spread across no less than 6 currencies. started off with just under $1,000 and just grew the portfolio from there.

    Will the bubble burst and crypto go to hell ? ; absolutely.

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