If you invested $1k in Bitcoin at Buffett’s first warning, here’s what it would be worth
It is generally a good idea to follow Warren Buffet’s investment advice. There are a few examples of this that are as stark as the potential upside for any investor who chose to buy Apple (NASDAQ: AAPL) stock in 2016 – the same year as the Oracle of Omaha. Still, every rule has an exception, and not even the legendary Warren Buffett is always right. Indeed, the famous investor opined in March 2014 that traders should avoid Bitcoin (BTC). At the time, the Oracle of Omaha stated that though the technology behind BTC is promising, it is unlikely to gain any traction as a currency. What is interesting is that the billionaire was partially correct since, though Bitcoin did gain significant traction as an asset, it is still far from a competitor to the likes of U.S. dollars (USD) or the pound sterling (GBP). Picks for you 4 cryptocurr...