Warren Buffett Enters Crypto News Again. What Would He Say About AltSignals’ Presale?

Veteran crypto-critic Warren Buffett has entered crypto news again as his investment firm Berkshire Hathaway holds onto its $1.5 billion investment in Brazilian fintech giant Nubank.

Despite this holding, Warren Buffett released his annual letter outlining three reasons he believes crypto “will come to a very bad ending.” With trading signals platform AltSignals announcing the presale event for its native ASI coin, Buffett might indeed be skeptical of it, but  crypto investors might disagree – instead marking ASI as one of the best cryptos to invest in now.

Warren Buffett’s three reasons why crypto will die.

While it’s difficult to square Warren Buffett’s dismissal of crypto with Nubank continuing to allocate 1% of its net assets to Bitcoin (BTC), the veteran remains consistent in his mistrust of crypto. His recent annual letter outlined three reasons he’s against it:

1. Crypto has no unique value – Buffett prefers stocks in corporations that provide tangible cash flow and production.
2. He doesn’t believe crypto counts as money – Buffett has long contested BTC value, stating, “it does not meet the test of a currency. It is not a durable means of exchange, not a store of value.”
3. He doesn’t understand crypto – Buffett has admitted to not knowing much about crypto, hence not taking a trading position.

Crypto investors have disavowed Buffett’s advice on crypto for many years and continue to do so, with vast markets flourishing despite his statements. With AltSignals’ ASI presale generating momentum on trading forums and Telegram groups, here’s why many believe it’s one of the best cryptos to invest in this year.

What is AltSignals?

AltSignals is already one of the world’s leading providers of trading signals, building a community of more than 50,000 since launching in 2017. Its market-leading AltAlgo™ trading indicator tool has helped investors maximize profits on various financial trades, from daily crypto trades to Binance futures, from FOREX to CFD.

The success of AltSignals trading intel is illustrated by users increasing their holdings by 10X in Binance futures trading in 19 out of 32 months. Now, the platform is turning to artificial intelligence to enhance its outputs and create even better signals for its membership, using its ActualizeAI trading stack.

Actualize AI uses several AI technologies…