Buffett only invests in what he knows. The stock god follows his own investment principles. He likes to invest in Coca-Cola. O) and American Express (AXP). Financial services companies such as the United States. If the potential investment is beyond Buffett's expertise, he rarely buys it. In most cases, Buffett only invests in industries and business models that he is familiar with. Bitcoin is a highly speculative asset. In recent years, the upward trend of bitcoin has been the focus of discussion among analysts. The ticket holder thinks this is a speculative bubble, and the price will eventually fall to zero. Although all investments involve a certain degree of speculation, Buffett's philosophy is to ensure and reduce risks. Buffett's investment style tends to buy and hold, favoring companies whose prices are stable and grow over time.
Since 202 1, the price of bitcoin has risen by nearly $5,000, and the yield so far this year has exceeded 12%. The expectation that Bitcoin will become the mainstream payment method, as well as the need to hedge inflation and get quick success, * * * pushed the price of Bitcoin all the way up. At the same time, due to the limited supply of Bitcoin, Bitcoin is regarded as digital gold by some investors.
However, for the strong momentum of Bitcoin since 2020, many analysts believe that there is a bubble risk. From 2002 to 2009, Rosenberg, chief economist of Merrill Lynch North America, said that for any securities, I think it is extremely abnormal for the price of Bitcoin to rise in such a short time. Rosenberg believes that Bitcoin has become the biggest market bubble at present.