Warren Buffett does not know when prices for Bitcoin and other cryptocurrencies will crash, but the billionaire investor said “with almost certainty” that things are going to take a turn for the worse. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” Buffett said during a Wednesday morning interview on CNBC’s “Squawk Box.” Buffett said he had no idea about how or when things would go bad for Bitcoin and other cryptocurrencies, however: “When it happens or how or anything else, I don’t know.” The value of Bitcoin, the most popular of the virtual currencies, has shot from $775 to over $19,000 over the past 12 months, possibly turning hundreds of early investors into billionaires along the way.

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BING NEWS:
  • Warren Buffett Predicts ‘Bad Ending’ for Bitcoin — Is It a Doomed Investment?
    Currently sitting in sixth on Forbes' Real-Time Billionaires List, Berkshire Hathaway co-founder, chairman and CEO Warren Buffett is a first-rate example of an investor who stuck to his core ...
    04/23/2024 - 1:52 am | View Link
  • Warren Buffett: 12 Things Poor People Squander Money On
    Warren Buffett, one of the most successful investors in the world, has a reputation for his simple yet profound financial wisdom. Read More: 5 Unnecessary Bills You Should Stop Paying in 2024 Try ...
    04/22/2024 - 12:00 pm | View Link
  • 68% of Warren Buffett's $372 Billion Portfolio Is Invested in Just 4 Stocks
    Warren Buffett's "recipe" for success is no secret. On numerous occasions he's been more than willing to share the characteristics/traits he looks for in the businesses he invests in. You'll often ...
    04/18/2024 - 6:07 pm | View Link
  • 13 Best Warren Buffett Dividend Stocks To Invest In Right Now
    Warren Buffett's Stake: $2,841,792,358 A healthy dividend yield of 3.3% and a low PE ratio makes Citigroup Inc (NYSE:C) one of the top dividend stocks in Warren Buffett’s Q4 portfolio.
    04/5/2024 - 5:22 am | View Link
  • How To Invest Like Warren Buffett in 2024
    Marc is a freelance contributor to Newsweek’s investing team. He is a Certified Personal Finance Counselor and a frequent runner who aims to complete more than 100 marathons in his lifetime.
    04/4/2024 - 4:31 am | View Link
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