Bitcoin critic Warren Buffett warns crypto traders on risky bets
Warren Buffett used the 2026 Berkshire Hathaway shareholder meeting to warn investors about rising speculation across markets. Buffett said investors are showing a stronger gambling mood across volatile markets and short-term trades.He criticized one-day options, calling them gambling rather than investing based on business value.Greg Abel led Berkshire‘s meeting as Buffett’s warning renewed debate over speculation and crypto. His remarks targeted short-term trading, risky bets, and the wider appetite for volatile assets, including crypto. Buffett said market behavior has moved closer to gambling as more retail traders chase fast returns. He described the current mood as unusually aggressive compared with earlier cycles. He said, “Weve never had people in a more gambling mood than now.” His comment came as investors continue to trade crypto, meme stocks, and short-term options with high risk. Buffett also compared markets to a place split between long-term investing and betting. He said, “The market always feels like a church with a casino attached.” That line reflected his view that investors can choose between disciplined ownership and short-term wagers. He added that the casino side has become more attractive to many people. One-day options draw sharp criticism Buffett focused much of his warning on short-term options trading. He said one-day options carry little