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

Cointelegraph

Published Feb 23, 2021 04:23AM ET

Updated Feb 23, 2021 06:00AM ET

Microsoft (NASDAQ:MSFT) founder Bill Gates has issued a warning to would-be Bitcoin (BTC) buyers looking to follow Elon Musk’s investment strategy. 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:

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