RATE Group | Should Warren Buffett ‘Buy The Bitcoin Dip’?
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Should Warren Buffett ‘Buy The Bitcoin Dip’?

Should Warren Buffett ‘Buy The Bitcoin Dip’?

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As financial markets plummet, Warren Buffett and his holding company Berkshire Hathaway is expected to make some huge investments over the coming weeks. Will Buffett ‘buy the dip’ in Bitcoin though?


Berkshire Hathaway – Buying In Times Of Crisis

Buffett — also known as ‘Oracle of Ohama’ always takes up headlines during times of crisis due to his investment strategy which tends to make huge fortunes by preying on the uncertainty of the market. He famously quipped that the best investors “should be fearful when others are greedy and greedy when others are fearful.”

In other words, Buffett’s strategy revolves around recognizing and buying into the market when company stocks and other forms of investment are undervalued due to irrational fears. This is done with the expectation of an eventual spring-back.

In even simpler terms: Buffett buys low on stocks he believes are undervalued and sells high.

As a result, it is likely Buffett will make some major investments…

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