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05 March 2021

Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out!

Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out!


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Speaking to Bloomberg’s Emily Chang, Gates suggested Musk had access to sophisticated trade management techniques that the average investor isn’t privy to.

When asked about the susceptibility of Bitcoin to tumble in price in reaction to a mere tweet (undoubtedly a reference to Elon Musk’s own social media posts), Gates said Elon Musk was probably insulated from such market crashes:.

Gates said it would be a mistake for the average investor to blindly follow the mania of optimism surrounding Musk’s market moves, telling those who aren’t billionaires to “watch out.” He said:.

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