Cryptocurrency
Amid Crypto Market Crash, Top Investor Calls Ignoring Bitcoin an ‘Idiotic Strategy’
As reported on NewsBTC, “Chamath Palihapitiya believes not holding Bitcoin is a foolish decision. The billionaire investor calls the decision to leave the crypto asset out of a portfolio an ‘idiotic strategy’. “Like many other crypto industry observers, Palihapitiya also thinks that Warren Buffett is dead wrong about Bitcoin. The Berkshire Hathaway CEO is back […]
As reported on NewsBTC, “Chamath Palihapitiya believes not holding Bitcoin is a foolish decision. The billionaire investor calls the decision to leave the crypto asset out of a portfolio an ‘idiotic strategy’.
“Like many other crypto industry observers, Palihapitiya also thinks that Warren Buffett is dead wrong about Bitcoin. The Berkshire Hathaway CEO is back in the news following another round of his Bitcoin bashing.
“The crypto markets are bleeding hard today. Almost all of the top 100 digital currencies by market capitalisation are down by some degree over the last 24-hours.
“Starting the day trading in excess of $9,300, Bitcoin plunged to around $8,800 at the time of writing. The sudden drop comes soon after billionaire investment icon Warren Buffett reiterated his dislike of the crypto asset yet again…”