Why doesn't Buffett invest in Bitcoin?

My friend told me this:

Buffett is too wealthy, and the Bitcoin market is too small.

Bought 100 yuan of Bitcoin, and it doubled. Sell it, and you'll make double the profit.

Bought 100 billion Bitcoin, and it doubled. If you want to sell, you may still lose money. When you sell the first 10 billion, the price of the currency begins to fall. When you sell 20 billion, the price of the currency is equal to the purchase price. For the rest, you will lose as much as you sell.

Why? Because there are only so many people willing to pay in the currency market. Even if you drain the currency market, it's not enough for you to double.

Speculation is essentially a game of finding a buyer. Who is qualified to be Buffett's buyer? The Federal Reserve?

Do you think my friend is right?

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