Suze Orman advocates for Bitcoin, stating "everyone should absolutely" have exposure to it, particularly through Bitcoin ETFs, while strongly advising only to invest money one is comfortable losing. She views it as a speculative, high-growth asset driven by youth adoption rather than a store of value.
"Everybody should absolutely have exposure to bitcoin," Orman told CNBC last year. That's not a maybe. That's not a someday. That's an absolutely.
Ramsey's Simple Three-Investment Rule
In a 2024 video, Ramsey said, "I have three investments — that's all I have: my business, paid-for real estate and mutual funds. I don't play single stocks. I don't screw around with gold. I don't mess with Bitcoin."
Cramer Likes Bitcoin
“I like Bitcoin but I do not like any of the derivatives created to play it or game it or mine it.” the host of CNBC's “Mad Money” segment said. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Warren Buffett's skepticism towards cryptocurrencies is rooted in sound investment principles. The inability to value crypto through the present value of future income streams leaves only the greater fool theory as a justification for purchasing it.
"We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions," Musk explained in a tweet, "especially coal, which has the worst emissions of any fuel."
As for Cuban, he has been a vocal Bitcoin backer for many years and even endorsed it as a superior alternative to gold during economic crises.
Ricardo Benjamín Salinas Pliego, a billionaire from Mexico and one of the three richest people in the country, has put 70% of his wealth in bitcoin.
Key Points. Michael Saylor's base case puts Bitcoin at $13 million per coin by 2045, which would turn a $100 investment today into $15,115 in 20 years. Even Saylor's most conservative (or least preposterous) $3 million target would deliver a 3,388% return, beating the S&P 500's historical averages by a healthy margin.
With Fidelity Crypto, we prioritize the safety and security of your assets and personal information. We also prioritize crypto education, giving you resources and tools to grow your crypto confidence. Everything is done in house, which is not true for all crypto custodians or exchanges.
Ramsey considers bitcoin and other crypto exchanges to be speculation, not a legitimate long-term investment. While acknowledging that the crypto market and blockchain technology have matured, his fundamental distrust of the volatility and unproven track record remains.
Bill Gates has made it clear—he's not a fan of cryptocurrency. And he's not just skeptical; he flat-out thinks it has no value. "None," he told The New York Times in a January interview. That's a pretty bold stance coming from one of the most successful tech minds in history.
Exchange-Traded Funds (ETFs)
Apart from index funds, Orman prefers ETFs over mutual funds. She finds ETFs more advantageous because they trade like stocks, which you can buy and sell at any point during the trading day. Mutual funds, however, tend to settle at the end of the trading day.
Warren Buffett's 8+8+8 Rule — A Lesson for Every Professional This rule reminds us of the importance of balance in our daily lives: 8 hours for work, 8 hours for rest, and 8 hours for personal time. This principle highlights the value of employee well-being, productivity, and sustainable performance.
Berkshire Hathaway CEO and chairman Warren Buffett has repeatedly made his stance about cryptocurrency clear: He's not a fan. In the 2018 annual shareholder meeting for Berkshire Hathaway, Buffett called the digital currency Bitcoin “probably rat poison squared.”
Steer clear … Crypto is risky business.” Ramsey Solutions acknowledged that people have made money from investing in digital currency — but at high odds. “Yes, some people made lots of cash investing in crypto, but it's all based on speculation — which is just a step above gambling.”
Billionaires betting big on Bitcoin include Israel Englander, Paul Tudor Jones, and Alan Howard.
Laszlo Hanyecz, a programmer and early Bitcoin miner, famously traded 10,000 Bitcoin for two Papa John's pizzas on May 22, 2010, marking the first documented commercial transaction for physical goods with cryptocurrency, a day now celebrated as "Bitcoin Pizza Day". At the time, the Bitcoins were worth only about $41, but the value of those coins would later grow to be worth hundreds of millions, even over a billion dollars, making it one of history's most expensive pizzas.