Warren Buffett on bitcoin and crypto: We've had an explosion of gambling

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

#CNBC
#CNBCTV 

[ChristopherAbelman]

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[kimyoung]

Everyone's preaching doom, without any key data-trajectory on how to maneuver, it's obvious digital are unstable but folks are still pulling off huge 6 figure profits from this same market y'all are warning us about, videos on such strategies to maneuver will really be helpful, thank you.

[endoetz]

never underestimate stupidity in large groups

[asdfcix]

Myself during this Bear Market only trying to focus on BTC, Xt35Et, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦

[abdulkadiralsk]

Can't deny the fact that Amazons Xt35Et has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

[bobbymainz]

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to

[antoniohandel]

*I’m 50 years old living in California.I’m hoping to retire at 55 if things keep going well for me. Bought my third house last month and I can’t be more proud than I’m today. I’m glad I made a great decision about my finances that changed me forever*

[eneskrdag]

Super cool video ! Do you think amazons Xt35Et will pump before ETH? I ask myself if there is a pattern or something in the order of the altcoins pumps.

[muratlezgin]

What's better holding into crash or being safe with Xt35Et tell me

[RhettReisman]

The part where he brought up his bachelor party for his first marriage 70 years ago was when I realized that he was right and that Bitcoin is a scam

[Brandon-tkrw]

the same guy who passed on Google when it was peanuts

[omerrehmanefendi]

should you sell a little of Xt35Et when you start to make a profit or just hold?

[existandlive]

wow im always amazed at buffets explanations!

[aquabo]

Great that Buffett acknowledges it to be a different climate

[huseyinkiraz]

On Xt35Et go long when the sell pressure reduce.

[cloudsoil]

Are people in argentina gambling living there?

[mfjh]

There's a fine line between gambling and investing. Everything is a calculated risk.

[bremlquan]

What's Buffett's perspective on Robinhood advertising to retail?

[victorbasta]

Berkshire Hathaway is invested heavily in Bank of America. Bank of America bought a significant stake in microstrategy q1 of this year. Thus, Warren buffet is in fact invested in bitcoin. It’s best to follow the money, not what these people say

[michaelronald]

Yes yes praise be 🙏, Bitcoin has hit 30k and the crypto market is more excitable, we haven't seen this level since June 2022. The sentiment is high and of course, many are predicting that the bull market could be about to return.