Saturday, January 13, 2018

If you own bitcoin, Warren Buffett's cryptocurrency predictions are scary. How to cope

If those ominous words aren't enough to stress investors out, earlier this week, the popular cryptocurrency ripple plunged almost 13 percent and bitcoin shed nearly 8 percent of its value.

Billionaire investor Warren Buffett says cryptocurrencies are headed for trouble.
"We'll never have a position in them," Buffett, chairman and CEO of Berkshire Hathaway, told CNBC's "Squawk Box" Wednesday morning. "I can say with almost certainty that they will come to a bad ending."
If those ominous words aren't enough to stress investors out, earlier this week, the popular cryptocurrency ripple plunged almost 13 percent and bitcoin shed nearly 8 percent of its value.
Owning an asset that's been called both a fraud and the future can be an emotionally intense experience. Best Stock Tips Adviser

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