8 Charlie Munger Quotes for Investors Through This Bitcoin Price Retreat
The post 8 Charlie Munger Quotes for Investors Through This Bitcoin Price Retreat appeared on BitcoinEthereumNews.com.
Even though he has given no new interviews or made any major new investments from beyond the grave, Munger made the news again this week for his amazing work ethic and sound investment advice. An article that appeared on CNBC reprised an old Munger quote that investors who can’t handle bear markets “deserve the mediocre result” they are likely to get. Bitcoin Investors See Opportunity Ahead The article related another bit of sage wisdom from Warren Buffett’s long-time business partner: “Real opportunities that come to you are few… Most people just get a few times when they can make a huge difference by seizing a huge activity.” Many individual investors today believe that for them that opportunity is Bitcoin. ₿uy the Future pic.twitter.com/tIcwWe0leX — Michael Saylor (@saylor) April 10, 2025 Although Munger himself was very skeptical of Bitcoin and cryptocurrencies, BTC investors can apply his principled and disciplined thinking to crypto markets. With Bitcoin’s price down by 27% in April since its Jan. 20 all-time high above $109,000, these selected quotes from Mr. Munger may be as timely as ever. 1. Sorting Out Market ‘FOMO’ and ‘FUD’ During times of rapid adjustments to market prices, social media can fill investors with FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, and Doubt). While Crypto X is a source of timely information and sentiment about market prices for Bitcoin and other volume currencies, it can be an environment with a high noise-to-signal ratio. Charlie Munger said: “I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge.” Crypto market posts that make extreme claims without evidence, arguments that contradict common sense, and that stoke feelings without providing additional information add to the noise. “I don’t trust bitcoin because it’s too vOlaTiLe” Meanwhile,…
Filed under: News - @ April 12, 2025 9:18 pm