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RE: Mastering timing for trade

in #cryptocurrency6 years ago

Actually his stance on crypto is no different from his initial stance on technology. If he doesn't understand the product he takes a dim view of it. My how that has changed as witnessed by his AAPL holding.

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AAPL is not BTC!

Correct! It's not about AAPL it's about the concept of understanding. Until Buffet spends some time understanding cryptocurrency his view will be negative toward it. As a buy and hold investor I doubt that he will spend the time to do so.

Ha, he doesn't likely have much time left to Hold onto anything for very long!