This one was a bit tongue-in-cheek, but learning from the great Oracle of Omaha is never a waste of time.
4 Best Ways to Trade Crypto Like Warren Buffett
Some of our Key Takeaways:
- Understanding the problem, solution – and it’s feasibility is crucial before investing.
- Assessing the ability of a team to stick to their product road-map and tackle new challenges is an important part of assessing the long-term sustainability of a competitive advantage.
- Aligning your interests with a long-term investment horizon will help you to sift through the noise of short-term speculators, and identify sustainable investments.
- The more people use cryptocurrencies like Bitcoin – the better its future looks.
- If a country that was previously very bearish on cryptocurrency (through regulation of otherwise), sees an increase in merchants this spells out good news and price action should turn positive.