Mexico’s third richest person, Ricardo Salinas Pliego, advises investors to buy Bitcoin, keep adding buys when the price is low, and forget about their crypto investments without worrying about selling.
Crypto investment advice from Billionaire Ricardo Salinas Pliego
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, advised Bitcoin to his investors on Saturday. Salinas is the founder and chairman of Grupo Salinas, a conglomerate operating in the telecommunications, media, finance and retail industries. According to Forbes’ list of billionaires, his fortune is now more than $13 billion. The billionaire urged his Twitter followers to continue buying and buying Bitcoin while the price is still cheap on Saturday with the following tweet:
You should buy Bitcoin first (and keep doing so when the price is low), then hold your BTC and stop selling. you should avoid… Trust me, you’ll thank me later.
Bitcoin since its ATH level in November last year, 40% of its value He lost more than Microstrategy, a Nasdaq-listed company, U.S. Senator Ted Cruz, and the El Salvador government are among those who bought the dip.
This isn’t the first time Salinas is calling for BTC
In June of last year, Salinas said:
Bitcoin is an asset with remarkable properties. I think all the features of Bitcoin make it gold for the modern world.
On the other hand, Salinas frequently opposes fiat currency, saying they are a scam:
Governments despise Bitcoin… Individuals fiat currency The fact that they can escape its trap bothers them because fiat money is a scam.
In November, Salinas said “the good old USA is increasingly similar to other reckless third world countries,” referring to the “volume of counterfeit money production” in the US, and advised “buy Bitcoin now”. In December of last year, he made the following statements that he said “stay away from fiat currencies”:
The scenario is the same whether you use the dollar, euro, yen or pesos. Fake money made of lies and paper. Central banks are printing more money than in the past. Allocate your money to Bitcoin.
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