Buy Bitcoin, You'll Thank Me Later - Mexican Billionaire Says - page 2.

Lanatsa

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Quote from: Fesatmas on February 26, 2022, 12:58:11 PM

Quote from: riskarcher on February 26, 2022, 10:38:42 AM

Yeah BTC has bounced back, this is the right time to enter the market, I have entered the market a few days ago but using DCA so we know the price parameters in reading the current market situation and Mexican billionaire said is true if we follow the news on the state of the world this will not end this is the time for new buyers or holders to enter the market

Enter the market after rising? not upside down? In fact, entering the market to make an entry is when the market is correcting. Especially when Bitcoin experienced a correction at the same time as the Russian invasion. Now Bitcoin is stable. You should take advantage of the correction, instead of entering when the Bitcoin price is bouncing. I don't expect you to be one of the panicked people at the time. lol

Sentiments or external news and events doesn't really affect from time to time on overall market condition on which you should really be that careful on making out decisions
but its true that good time to enter the market is on the time where correction is happening rather than getting in when recovery is shown.

If you are minding about long term prospect then you wouldn't boggle up your mind on when to enter inside the market since you are tending to hold for long term.
As long you do invest on the amount that you could afford to lose then I don't see any problems.

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Quote from: FIFA worldcup on February 26, 2022, 02:36:45 PM

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Quote from: PrivacyG on February 24, 2022, 05:56:35 AM

I would be very wise about spending my money as an European with the current events. Yes, it is great that we have an opportunity to purchase Bitcoin at lower prices but it is not the most fortunate circumstance. I typically advice anyone and everyone to buy Bitcoin dips but this is really an exception. The crisis has just begun and having a reserve of cash may be very handy in the near future depending on how things unfold.

-
Regards,
PrivacyG

Most likely what the Mexican billionaire said is true, because maybe now it will be a very good purchase, because when prices are unstable it can be an advantage for us to make a purchase, but now there is a feud between Russia vs Ukraine that makes bitcoin fell very low, maybe after the feud between the two countries ends the price of bitcoin will continue to increase..

This is a real opportunity to buy bitcoin at 35K. Although the price has pumped now to 39K and this is also not a bad price to buy. Bitcoin will not give you such a golden chance to build up your positions at these cheap levels. Those who will not buy now, will later regret seeing bitcoin above 50K and more.

Bitcoin has always been a very potential investment, regardless of the price. Because its value will keep on growing every year so even if you will buy it a higher value, the fact that you intend to hold it for years, will still give you an opportunity to create bigger profits. But they say its always best to buy when the price is low, and sell when the price is high. So buying now with the current price is a very wise move because that will help you to maximize your profits when buying at a low value.

FIFA worldcup

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Quote from: ?? on ??

Quote from: PrivacyG on February 24, 2022, 05:56:35 AM

I would be very wise about spending my money as an European with the current events. Yes, it is great that we have an opportunity to purchase Bitcoin at lower prices but it is not the most fortunate circumstance. I typically advice anyone and everyone to buy Bitcoin dips but this is really an exception. The crisis has just begun and having a reserve of cash may be very handy in the near future depending on how things unfold.

-
Regards,
PrivacyG

Most likely what the Mexican billionaire said is true, because maybe now it will be a very good purchase, because when prices are unstable it can be an advantage for us to make a purchase, but now there is a feud between Russia vs Ukraine that makes bitcoin fell very low, maybe after the feud between the two countries ends the price of bitcoin will continue to increase..

This is a real opportunity to buy bitcoin at 35K. Although the price has pumped now to 39K and this is also not a bad price to buy. Bitcoin will not give you such a golden chance to build up your positions at these cheap levels. Those who will not buy now, will later regret seeing bitcoin above 50K and more.

Fesatmas

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Quote from: riskarcher on February 26, 2022, 10:38:42 AM

Yeah BTC has bounced back, this is the right time to enter the market, I have entered the market a few days ago but using DCA so we know the price parameters in reading the current market situation and Mexican billionaire said is true if we follow the news on the state of the world this will not end this is the time for new buyers or holders to enter the market

Enter the market after rising? not upside down? In fact, entering the market to make an entry is when the market is correcting. Especially when Bitcoin experienced a correction at the same time as the Russian invasion. Now Bitcoin is stable. You should take advantage of the correction, instead of entering when the Bitcoin price is bouncing. I don't expect you to be one of the panicked people at the time. lol

Anonylz

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Quote from: evilgreed on February 26, 2022, 09:27:41 AM

Such refreshing topic out of all the fud nowadays. Words sure do spread fast specially when it comes from a reputable person I remember seeing dozens of content creators covering about this story. Which is a good thing to boost everyone's morale after a couple of red days. Now about the guy, I appreciate him being open about his views not like others who spout one thing and do another; talk crap about crypto but secretly buy and hold. I definitely am gon keep tabs on this guy.

Totally agree, he is the real btc evangelist imo, not afraid to say what he thinks about btc and fiat, very open in his opinion, I like that about him, he is a wealthy man but still appreciates btc and what he thinks it could become in future.
Some people may say don't act on what other people say, but sometimes we need a wakeup call, even if you don't act on it now, it has left a doubt.

Mauser

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Not a bad recommendation. Owning some bitcoins is good for every portfolio. Nobody knows how high bitcoins are going to rise, so buying some coins at current levels is cheap compared to the ATH. In my opinion getting bitcoins below 40,000 USD is a great entry level. The sudden invasion of Ukraine by Russia, send crypto prices down. But now the world realises that it is not start of WW3. No other country will join the war against Russia, it's a conflict only between these two nations.
That's why, if you don't own crypto coins at all, better to atleast buy some now before the prices will recover again. Don't expect to become a billionaire however from 1 BTC.

Maestro75

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Quote from: Haunebu on February 24, 2022, 06:18:05 AM

Firstly, don't just blindly believe some random billionaire people and you should invest only what you are willing to lose. Secondly, I feel that this is a great time to buy BTC since I am confident that it will swing back up above $40K soon.

Buy the dip and HODL!

You made the same move those billionaires you told people not to follow blindly made by telling us to buy and hold. You are not different from them because that is what the Mexican billionaire also tells us to do and most times following this instructions get us in losses. If we follow you and buy now, at what point we are going to sell off. Can you tell us?

Quote from: michellee on February 25, 2022, 03:40:35 AM

You do not need other people's suggestion to invest in bitcoin but you should know why you invest in bitcoin so if you know the reason, you will invest in bitcoin and keep it for the long term.

You also can add that no one should invest all their life savings in bitcoin except they want to risk a heart attack.

riskarcher

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Yeah BTC has bounced back, this is the right time to enter the market, I have entered the market a few days ago but using DCA so we know the price parameters in reading the current market situation and Mexican billionaire said is true if we follow the news on the state of the world this will not end this is the time for new buyers or holders to enter the market

evilgreed

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Such refreshing topic out of all the fud nowadays. Words sure do spread fast specially when it comes from a reputable person I remember seeing dozens of content creators covering about this story. Which is a good thing to boost everyone's morale after a couple of red days. Now about the guy, I appreciate him being open about his views not like others who spout one thing and do another; talk crap about crypto but secretly buy and hold. I definitely am gon keep tabs on this guy.

jostorres

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Quote from: Leviathan.007 on February 24, 2022, 03:25:56 PM

If you consider the situation of Ukraine you can clearly understand why having bitcoin could help people in Ukraine because just after the fight started many people started to leave their country in Ukraine while the government tried to do not to give them access to the cash they have in the banks because cashing the money could make Ukraine a poor country and they could face economic crisis while people who had their money investing in bitcoin and hardware wallets could leave this country while had no worries about their funds, so, buying bitcoin can be helpful during such crisis.

I thought it was simple electricity outage or some errors that banks and ATMs cannot operate but is it true, that was the reason? Or maybe they block the withdrawal of fiats because the government are afraid that people will withdraw money and then fly on other country.

Government is scared to defend his country on its own if all of the people are leaving. He cant just do the same because that makes him a coward but i think in the past conflicts, there are governments that fleed his country earlier than its people. IDK if we will laugh about it or get angry but i also feel sad on that country as they have a poor leader. The post is not about freedom that btc can give but it is about taking the opportunity of buying now since prices are still cheap.

Sanitough

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Quote from: TheNineClub on February 25, 2022, 03:22:35 PM

Quote from: Bitstar_coin on February 24, 2022, 05:41:40 AM

In the face of the current crisis that is happening between Russia 🇷🇺 and Ukraine 🇺🇦 Billionaire Salinas is positive in Bitcoin future and has advised investors to buy bitcoin.

Quote

Billionaire Salinas has some advice on investing in Bitcoin. Ricardo Salinas Pliego, the third richest man in Mexico and the founder of Grupo Salinas, gave praise about Bitcoin in a statement he made.

In his statement to investors, Salinas recommends buying Bitcoin or even investing more in this space due to the low price right now.

"TRUST ME, BECAUSE YOU'LL THANK ME LATER."

As is known, Salinas is the founder and chairman of Grupo Salinas, a group of companies that deals with telecommunications, media, financial services and retail stores. According to Forbes' list of billionaires, the company's net worth is currently more than $13 billion.
Salinas, who recently shared on the social media platform, warned his Twitter followers to continue buying Bitcoin:

In fact, these statements are not the first time Salinas has strongly recommended buying Bitcoin. As it can be remembered, he made similar statements in June last year.

“BITCOIN IS AN ASSET WITH EXTRAORDINARY PROPERTIES. ALL THE ADVANTAGES THAT BITCOIN HAS, FOR ME, MAKE IT GOLD FOR THE MODERN WORLD.”

The billionaire, who makes positive statements about cryptocurrencies, also has a negative approach to official currencies in the opposite direction. He even qualifies such currencies as fraudulent.

“GOVERNMENTS DON'T LIKE BITCOIN. THE FACT THAT PEOPLE CAN GET OUT OF THE FIAT TRAP BURNS THEM BECAUSE FIAT MONEY IS A FRAUDULENT ACTIVITY.”

Again, referring to the activities related to issuing counterfeit money in the US last November, he said:

“THE UNITED STATES IS BECOMING MORE AND MORE LIKE AN IRRESPONSIBLE THIRD WORLD COUNTRY. BUY BITCOIN NOW.”

Instead of panic selling, this is the time for people to really evaluate their position and make the tough decision. Who knows maybe this opportunity may never come again.

Source

Yes, I agree with you, there is no need to panic and sell. But as we all know, it's the ones who weather the storm that wins in the end. However, a part of me can't help but think he's not really working for the benefit of the common people. He should be more careful with his words, he should explain to the people the benefits of long-term holding, the prospects of crypto, and how it can benefit the common man.

I'm sorry to disagree with you but how come that you have thought that he's not working for the benefits of the crowd? He is a business minded person and to think that he's one of the richest man in Mexico, then we can conclude that he got the best experience on how to improve your assets and make you progress from profitable investments. I guess he's serious on the words that come out from his mouth. And bitcoin only happened his top choice that has a lot of potentials to grow in the future more than fiat. And i have here more reasons why we should invest in bitcoin. Read it here: https://www.investopedia.com/tech/question-why-should-anyone-invest-crypto/

TheNineClub

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Quote from: Bitstar_coin on February 24, 2022, 05:41:40 AM

In the face of the current crisis that is happening between Russia 🇷🇺 and Ukraine 🇺🇦 Billionaire Salinas is positive in Bitcoin future and has advised investors to buy bitcoin.

Quote

Billionaire Salinas has some advice on investing in Bitcoin. Ricardo Salinas Pliego, the third richest man in Mexico and the founder of Grupo Salinas, gave praise about Bitcoin in a statement he made.

In his statement to investors, Salinas recommends buying Bitcoin or even investing more in this space due to the low price right now.

"TRUST ME, BECAUSE YOU'LL THANK ME LATER."

As is known, Salinas is the founder and chairman of Grupo Salinas, a group of companies that deals with telecommunications, media, financial services and retail stores. According to Forbes' list of billionaires, the company's net worth is currently more than $13 billion.
Salinas, who recently shared on the social media platform, warned his Twitter followers to continue buying Bitcoin:

In fact, these statements are not the first time Salinas has strongly recommended buying Bitcoin. As it can be remembered, he made similar statements in June last year.

“BITCOIN IS AN ASSET WITH EXTRAORDINARY PROPERTIES. ALL THE ADVANTAGES THAT BITCOIN HAS, FOR ME, MAKE IT GOLD FOR THE MODERN WORLD.”

The billionaire, who makes positive statements about cryptocurrencies, also has a negative approach to official currencies in the opposite direction. He even qualifies such currencies as fraudulent.

“GOVERNMENTS DON'T LIKE BITCOIN. THE FACT THAT PEOPLE CAN GET OUT OF THE FIAT TRAP BURNS THEM BECAUSE FIAT MONEY IS A FRAUDULENT ACTIVITY.”

Again, referring to the activities related to issuing counterfeit money in the US last November, he said:

“THE UNITED STATES IS BECOMING MORE AND MORE LIKE AN IRRESPONSIBLE THIRD WORLD COUNTRY. BUY BITCOIN NOW.”

Instead of panic selling, this is the time for people to really evaluate their position and make the tough decision. Who knows maybe this opportunity may never come again.

Source

Yes, I agree with you, there is no need to panic and sell. But as we all know, it's the ones who weather the storm that wins in the end. However, a part of me can't help but think he's not really working for the benefit of the common people. He should be more careful with his words, he should explain to the people the benefits of long-term holding, the prospects of crypto, and how it can benefit the common man.

pealr12

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Quote from: Sled on February 24, 2022, 06:06:49 PM

he is absolutely right, perhaps, having the covid-19 crisis won't affect the market growth and I am supposed to think that the current conflict won't affect it as well. Coz I believe that the market is freely moving despite the war as many people living outside Russia and Ukraine are still investing and trading.

We are actually thankful for the chance given to us, the price is cheap and we shouldn't have to miss this opportunity as for this never be in this situation forever. Pumping of price can be around, so we have to make it now or regret it later. Well, of course, patience is always a key to success.

You are right, life must go on, despite the hardship the people in Russia and Ukraine must be found through as a result of this chaos, life must go on in other parts of the world, and I will say there is no better time to buy little by little than now, btc is full of surprises and have the support of many, the market may reverse when you list expect and you will wish you had bought when the price was down.

Botnake

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Quote from: fullhdpixel on February 25, 2022, 02:01:03 PM

Quote from: Bitstar_coin on February 24, 2022, 05:41:40 AM

In the face of the current crisis that is happening between Russia 🇷🇺 and Ukraine 🇺🇦 Billionaire Salinas is positive in Bitcoin future and has advised investors to buy bitcoin.

He made a really good recommendation and I would suggest people to take him serious. Anyone who is not investing in Bitcoin now is really going to be missing out on a lot of things in the future. Bitcoin provides us with a big opportunity, big opportunity that the world has never seen before.

So, it is really important that anyone who knows about this should start taking that opportunity right now. Especially right now that the price of Bitcoin is so low, it is now the perfect time for us to start up our investment in Bitcoin and not miss this good one that we have now. The price of Bitcoin would still go up, this bearish trend is just for a while, maybe for a year or two and it will be done, And you would see the price moving up again.

Bitcoin has always been giving us opportunities to invest. It's just that people are more focused on fiat believing that they can get more wealth in fiat than bitcoin. But if they will try to be open minded and start to explore bitcoin, i'm sure they would not want to invest again in fiat.

Bitcoin has always a bright future waiting ahead, and only those who always seize the opportunities by now will become very successful in the future. But maybe the reason why people are more hesitant to invest in bitcoin because of its high volatility, not knowing that its the biggest factor that could make them easily get wealth though bitcoin.

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Quote from: Fesatmas on February 25, 2022, 02:43:03 PM

Quote from: AakZaki on February 25, 2022, 12:04:56 PM

but in fact many panicked and did not dare to buy when the bitcoin price was at its lowest price. Momentum this time is very good if it can be used. the market is improving again so many are starting to re-enter.

The inevitable panic as war engulfed Russia and Ukraine made it one of the most unexpected moments. Personally, most people mindlessly make sales to keep it in Gold or in fiat as it prepares for survival in times of war. Unfortunately, the moment was missed because the panic will be difficult to return. Because reversal points happen so fast.

First, the Mexican Billionaire was right about people buying Bitcoin but I don't think this is the perfect time to buy because the market is at uncertain momentum, and if the institutional investors are not the major investor the market ought to have experienced more dump in price than we experiencing now so the conflict happening in Ukraine is just an excuse from my understanding since no country control the price of the market.

Fesatmas

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Quote from: AakZaki on February 25, 2022, 12:04:56 PM

but in fact many panicked and did not dare to buy when the bitcoin price was at its lowest price. Momentum this time is very good if it can be used. the market is improving again so many are starting to re-enter.

The inevitable panic as war engulfed Russia and Ukraine made it one of the most unexpected moments. Personally, most people mindlessly make sales to keep it in Gold or in fiat as it prepares for survival in times of war. Unfortunately, the moment was missed because the panic will be difficult to return. Because reversal points happen so fast.

fullhdpixel

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Quote from: Bitstar_coin on February 24, 2022, 05:41:40 AM

In the face of the current crisis that is happening between Russia 🇷🇺 and Ukraine 🇺🇦 Billionaire Salinas is positive in Bitcoin future and has advised investors to buy bitcoin.

He made a really good recommendation and I would suggest people to take him serious. Anyone who is not investing in Bitcoin now is really going to be missing out on a lot of things in the future. Bitcoin provides us with a big opportunity, big opportunity that the world has never seen before.

So, it is really important that anyone who knows about this should start taking that opportunity right now. Especially right now that the price of Bitcoin is so low, it is now the perfect time for us to start up our investment in Bitcoin and not miss this good one that we have now. The price of Bitcoin would still go up, this bearish trend is just for a while, maybe for a year or two and it will be done, And you would see the price moving up again.

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Quote from: Fesatmas on February 24, 2022, 04:35:47 PM

That's the moment that should be taken advantage of, and now we see a slight price reversal at the point where someone else has already entered, or rather the whales are making bigger profits than usual. If we take advantage of the decline that occurred before this reversal, then we can certainly be calmer going forward.

but in fact many panicked and did not dare to buy when the bitcoin price was at its lowest price. Momentum this time is very good if it can be used. the market is improving again so many are starting to re-enter.

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Quote from: darewaller on February 24, 2022, 11:12:17 PM

This is my first time of seeing this name.

Then you don't follow the forum closely enough, because at least as far as the forum is concerned, it surfaced back in 2020 when it allegedly invested 10% of its portfolio in Bitcoin. What is quite logical is that such people support their investments with public announcements, but it is never wise to invest in anything just because it was advised by a famous person - the rich are rich precisely because they create poverty around themselves.

Quote from: darewaller on February 24, 2022, 11:12:17 PM

So, anyone that is seeing this news should try to invest now that the market is at what seems to be its lowest point.

I’m not a financial advisor telling people what to invest in and when to do it, but Bitcoin has been a pretty cheap investment for years - the same things we can hear today we heard when 1 BTC was worth a few hundred dollars, only then people like Salinas didn’t even have little faith in Bitcoin. Such people are attracted by the high price and the desire to profit from Bitcoin by inflating it even more and then selling everything they have.

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If we talk about bitcoin price now, many people will suggest others invest in bitcoin. But if that is about in the past, whereas bitcoin price does not have a high price or is still underrated, I do not think many people will suggest that because they will underestimate bitcoin. You do not need other people's suggestion to invest in bitcoin but you should know why you invest in bitcoin so if you know the reason, you will invest in bitcoin and keep it for the long term.

Topic: Buy Bitcoin, You'll Thank Me Later - Mexican Billionaire Says - page 2. (Read 444 times)