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

hero member
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royalstarscasino.com
It seems heard like a guarantee of something  Grin
But, I also think that there may be another pumping price after this. But once more, no one knows because there are sometimes so many manipulations, interests from many parties, and also some parties that will always spread FUD again to make Bitcoin pump canceled again.
But, if we are really interested to make it for holding, why not? it is always a good time to buy Bitcoin, isn't it?
hero member
Activity: 2478
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SecureShift.io | Crypto-Exchange
Quote
Returns vs. US Dollar over the last 10 years...

Bitcoin: +920,000%
Indian Rupee: -35%
Mexican Peso: -38%
South African Rand: -51%
Brazilian Real: -66%
Russian Ruble: -72%
Iranian Real: -72%
Turkish Lira: -88%
Argentine Peso: -96%
Syrian Pound: -98%
Venezuelan Boliver: -99.999%

Over the last 10 years, those who have invested in btc see what they have gained as against the rest of the currency below. Like I already mentioned in my previous post, only those who think very short term will have second thoughts to buy now, history has shown there is more to gain long term.
hero member
Activity: 2814
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Looking at the current price of bitcoin - it seems that the advice was timely! Smiley It's a pity I didn't have time to use it. I think that due to the instability in the markets and this whole situation in Ukraine, there will still be an opportunity to profit from the volatility of the bitcoin and other currencies. I am sure that this whole war will not last long because everyone is interested in peace today!
Well, every war has its own time to end and this is what everyone is hoping to happen as soon as possible. But despite of what is happening now, bitcoin has seen to be creating price surging these days. And i have no doubt for that since even the most reputable person believed on the potentials in bitcoin. And Salinas has proved that bitcoin will always grow its value overtime. We just have to trust its process. So invest in bitcoin today, and see where will your investment take you.
hero member
Activity: 2478
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SecureShift.io | Crypto-Exchange
What many people here fail to realize is this man is not talking about short or mid-term investment, I see most of the posts are only based on short term btc price, anyone who knows what btc is capable of will understand what he meant by "buy now and you will thank me later"
Nobody ever anticipated that btc will save ground in an ongoing war zone, but look what is happening right now, because of btc power to go beyond any border and strive in any situation, people have turned to make donations in crypto to save lives.
The message is for what btc could be in future, and the time to accumulate is now.

Investing short-term is nothing but buying tension with money. Investing in the Long term is real peace and profit.
But if you have a low amount of investment then you can grow the investment by doing short trade.
Cause long-term hodling will not give you enough profit if the investment is low.
Better you could grow your money by doing day/weekly trade and when you have a decent amount of money on your hand change your plan and invest for the long run.
I suspect if this war will continue for long then the value of BTC will grow randomly of a sudden.

That's not true bro, doing trade with your small funds to increase it can lead to loss of funds if you are not good at trading, but if you buy btc on the hand and hold for the long term there is a possibility you will earn a good profit,
Someone who bought $1 btc 10 years ago is worth a lot today,  but then it all depends on our preference.
full member
Activity: 952
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1xBit recovered their reputation
What many people here fail to realize is this man is not talking about short or mid-term investment, I see most of the posts are only based on short term btc price, anyone who knows what btc is capable of will understand what he meant by "buy now and you will thank me later"
Nobody ever anticipated that btc will save ground in an ongoing war zone, but look what is happening right now, because of btc power to go beyond any border and strive in any situation, people have turned to make donations in crypto to save lives.
The message is for what btc could be in future, and the time to accumulate is now.

Investing short-term is nothing but buying tension with money. Investing in the Long term is real peace and profit.
But if you have a low amount of investment then you can grow the investment by doing short trade.
Cause long-term hodling will not give you enough profit if the investment is low.
Better you could grow your money by doing day/weekly trade and when you have a decent amount of money on your hand change your plan and invest for the long run.
I suspect if this war will continue for long then the value of BTC will grow randomly of a sudden.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
What many people here fail to realize is this man is not talking about short or mid-term investment, I see most of the posts are only based on short term btc price, anyone who knows what btc is capable of will understand what he meant by "buy now and you will thank me later"
Nobody ever anticipated that btc will save ground in an ongoing war zone, but look what is happening right now, because of btc power to go beyond any border and strive in any situation, people have turned to make donations in crypto to save lives.
The message is for what btc could be in future, and the time to accumulate is now.
hero member
Activity: 1344
Merit: 565
Yeah, it is nice to see such kind of statement or endorsement if I may use that because some people still believe they need this kind of statement from such kind of people before they have the confidence to invest. Anybody that has been in the Crypto space for a bit would have understood that times like this when the price is down are a good opportunity to buy and accumulate some more Bitcoin even without anyone's endorsement.
hero member
Activity: 2268
Merit: 588
You own the pen
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

Looks like this is the wise decision we should do right now if the talk will not become successful between Ukraine and Russia today, right now we are one push-button away from total destruction because Rusia has put their Nuclear unit on full alert which means, they are ready to fire at any country at any moment once there will be a country who will help against Russia. It's fine that we wanted to be financially free in this world, but it's not really the time. this time should be focused on stocking essential supplies like the months we are about to enter the pandemic era.
legendary
Activity: 2646
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DGbet.fun - Crypto Sportsbook
The conflict between Russia and Ukraine will never be forever so we should take advantage of the opportunity to invest in bitcoin right now while the price is not yet in peak. Because once this war will be over, i guess bitcoin price will start to move up again along with altcoins too. So it will only mean that we miss another chance to invest in bitcoin as well as those established altcoins.
Someday this is gonna end, but the economy affected by this war will have its impact for longer time period. If the war ends within short it won't affect rest of the world, if not the impact can be experienced all around in terms of economic downturn. This is the reason why people fear of investing into bitcoin and proven altcoins.
Regardless of what is happening right now, bitcoin will always have a bright future because bitcoin fever has already started and is now inevitable. So i don't see no reasons why some are still hesitant to invest in bitcoin knowing it will offer huge returns if we start buying and hodling it at its current price.
Bitcoin having assured future and it is proven, but fear always accompanies when the investment is made at a risky situation. Over the days the fluctuation is quite high and if price decline steep one cannot get out of the market instantly. Right now it is an opportunity for the whales to accumulate more.
legendary
Activity: 3248
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Playbet.io - Crypto Casino and Sportsbook

Good point! While it is indeed wise and an advantage to buy bitcoins now and other leading cryptocurrency while the the prices are cheap due to the market is dipping low these past few days but it's also wise to spend your money conservatively or in a conventional way. There's no harm in investing crypto assets but in times like these that we're in a pandemic crisis and a war was going on in Europe then we might need to think twice or thrice if needed before spending some excess funds. As @PrivacyG said, having a reserve of cash especially on-hand might come in handy soon because we don't know what the future holds.

In my case, I am still observing the market and because of the current situation of war and conflict against Russia and Ukraine I am researching if this conflicts will go widen or will it take longer which I hope would not. Yes, a wise spending is a must and also a good idea to acquire another crypto which has a good use case. I am also expecting that the market will be affected because of the conflicts and that also include the stock market, so be wise and hopefully we could make the best out of this worst situation
The conflict between Russia and Ukraine will never be forever so we should take advantage of the opportunity to invest in bitcoin right now while the price is not yet in peak. Because once this war will be over, i guess bitcoin price will start to move up again along with altcoins too. So it will only mean that we miss another chance to invest in bitcoin as well as those established altcoins.

Regardless of what is happening right now, bitcoin will always have a bright future because bitcoin fever has already started and is now inevitable. So i don't see no reasons why some are still hesitant to invest in bitcoin knowing it will offer huge returns if we start buying and hodling it at its current price.
hero member
Activity: 2170
Merit: 530

Good point! While it is indeed wise and an advantage to buy bitcoins now and other leading cryptocurrency while the the prices are cheap due to the market is dipping low these past few days but it's also wise to spend your money conservatively or in a conventional way. There's no harm in investing crypto assets but in times like these that we're in a pandemic crisis and a war was going on in Europe then we might need to think twice or thrice if needed before spending some excess funds. As @PrivacyG said, having a reserve of cash especially on-hand might come in handy soon because we don't know what the future holds.

In my case, I am still observing the market and because of the current situation of war and conflict against Russia and Ukraine I am researching if this conflicts will go widen or will it take longer which I hope would not. Yes, a wise spending is a must and also a good idea to acquire another crypto which has a good use case. I am also expecting that the market will be affected because of the conflicts and that also include the stock market, so be wise and hopefully we could make the best out of this worst situation
sr. member
Activity: 1778
Merit: 309
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

Good point! While it is indeed wise and an advantage to buy bitcoins now and other leading cryptocurrency while the the prices are cheap due to the market is dipping low these past few days but it's also wise to spend your money conservatively or in a conventional way. There's no harm in investing crypto assets but in times like these that we're in a pandemic crisis and a war was going on in Europe then we might need to think twice or thrice if needed before spending some excess funds. As @PrivacyG said, having a reserve of cash especially on-hand might come in handy soon because we don't know what the future holds.
full member
Activity: 1316
Merit: 126
The billionaire tweeted Saturday urging his Twitter followers to buy bitcoin and keep buying while the price of BTC is still low. His tweet reads:

You have to buy bitcoin (keep buying when the price is low), then just hold your BTC, forget about selling … Trust me you’re going to thank me later.


https://news.bitcoin.com/mexicos-third-richest-billionaire-buy-bitcoin-forget-about-selling-youll-thank-me-later/

I am totally agree of whar Richard Salinas saying. Buy when the price is low which is the best strategy that you can ever make. Always buy in the dip and hodl it for long term. Then sell it when you think that the price is right/high.
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I am appreciating the marketing value of the Bitcoin endorsement by no less than the billionaire Ricardo Salinas Pliego and with the kind of stature that has on himself am sure there will be other investors who will be taking actions with this type of statement from a man who is experienced enough for some good level of credibility. He is recognizing the value of Bitcoin and despite the many bad developments ongoing right now in many pars of the globe, I think his mindset is that this is the right time to enter Bitcoin when the price is having a big dip.
full member
Activity: 196
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Yes this is now a good opportunity to buy the Bitcoin because in the coming days Bitcoin has a good future and many countries are now thinking to regulate it. So this is the time to buy.
full member
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It has been said for so many times before,
Maybe not by influential person but I know most or some of us who have been around has said it to someone we know.
To be honest I told some of my relatives and even friends about crypto back when I just found out about it but most of them ignore me.
full member
Activity: 1834
Merit: 166
Why we always highlights the points made by these influential people? They said about investing in bitcoin is good sign that they are realising its need and profits but we should have made our decision before them as we need to decide what is good or bad for ourselves not these people.He is saying positive about btc and you will see some people listening to him but ignore all those who have been saying it from ages to invest in btc.But sadly this is how community mindset has been functioned.
legendary
Activity: 2394
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Good to see that, they are billionaire because their brain is sharper than us and they are well aware of what they are saying. Their thoughts are also billionaire thoughts, I appreciate it. The recent dump was just due to panic nothing more nor something negative for Bitcoin. It's true due to the Ukraine war global economy is quite shaky now. But for Bitcoin, it's just due to panic sales. He is right, Bitcoin would be gold for the modern world, and I think more than Gold though I never compare Bitcoin with Gold. So definitely who will follow him will say thanks later.
legendary
Activity: 1834
Merit: 1208
He just want to take advantages of this war, Bitcoin wouldn't dead due to war from Ukraine vs Russia... surely it will recover back in the long run, so he doesn't have nothing to lose here. As we can see the price back to $38-$39K again, many people who bought the dip on $34K will think this Mexican Billionaire speculation is true and start to follow his advice. While the fact, we're already know Bitcoin is keep rising even though the price could drop due to short term events.
hero member
Activity: 3178
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Live with peace and enjoy life!
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."


This man has a really great mindset. He is very knowledgeable and intelligent. I think he will gonna be the best asset in the bitcoin community. Richard Salinas is the proof that investing in bitcoin is the best investment anyone can do, because it has made a lot of people billionaire. Investing in crypto has become very profitable, and better option in securing our financial life
hero member
Activity: 2968
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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
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.
legendary
Activity: 3080
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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.
full member
Activity: 1134
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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.
sr. member
Activity: 2268
Merit: 275
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
hero member
Activity: 2562
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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.

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.
hero member
Activity: 1974
Merit: 534
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.
sr. member
Activity: 1960
Merit: 329
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?

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.
full member
Activity: 672
Merit: 100
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
sr. member
Activity: 728
Merit: 266
              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.
hero member
Activity: 2562
Merit: 586
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.
hero member
Activity: 2856
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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/
full member
Activity: 616
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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.
hero member
Activity: 1946
Merit: 502
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.
hero member
Activity: 2856
Merit: 667
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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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.
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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.
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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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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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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.

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.
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First of all, this is recycled news from the end of last year - and Salinas has already spoken on this topic several times. People should listen less to famous rich people because they just want to get even richer. In addition, he can influence people in Mexico or the surrounding countries, but few people in the rest of the world know who he is.
This is my first time of seeing this name. But whoever he is, what he has said is correct. I wouldn’t because of maybe people don’t like him or whatever reason that they may have, and I wouldn’t take the advice that he has given. He gave the right advice because we all know that the price of Bitcoin would still increase in the future. We have seen this happen over the years and there is no doubt that this is going to also repeat itself again in just a short time. So, anyone that is seeing this news should try to invest now that the market is at what seems to be its lowest point.

Although I do understand that many people might be angry with him for the fact that he’s a billionaire or what I don’t know, and the rich people are usually the ones who benefit much from investment like this, but you should also take your own opportunity and ignore what anybody has to say, and make good use of what you have with good planning, then you wouldn’t regret it.
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If you need some rich Mexican dude to tell you to buy bitcoin for you to do so, then I don't even know what to say lmao. There will be rich bulls on almost any other asset out there — hence it makes no sense to make decisions based on one rich man's opinion.
Thats true. We dont have to listen to other people before making a decision to buy Bitcoin. Its not different to some influencers spreading hype for a certain coin for their own benefit. Thus if you're going to invest, make sure that its because of your own belief on Bitcoin and how you see it in the future and not because of this billionaire who encourage the people to do so.
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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.
During the times of uncertainty i expected the price of Bitcoin to rally but the opposite happened, may be because investors who encountered loss in other financial markets booked their profit in the cryptocurrency market to mange those losses, either way the market came down drastically after the news of an invasion started to appear in the public and i was also planning to sell off everything but then i thought about waiting for a while because even in my mind assets like Bitcoin should rally in times of uncertainty.
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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 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.
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But it will always be a better option if we can start investing in every dip as we are not certain if how long this correction will take. So always invest in an amount you can afford to lose, and leave for a bigger funds in fiat as we still have to deal the money crisis that we have at the moment. However, if Russia will continue to evade Ukraine, there is a possibility that bitcoin price will still be heavily affected and will stay in a cheaper value. So buying bitcoin at the moment has been very beneficial for us because its the best investment we have in this decade.


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.
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Now is really the best time to buy Bitcoin everyone knows that and not to act just because the Man you mentioned above has advice people to buy Bitcoin and thank him later. The problem with investment in Bitcoin is that, it is possible that if one buy now  and it happens that there was a further decline which may take a long time for you to be in profit and the patience to wait till your investment turn profit is the major challenge.

if we will look at the big picture here, i can say that this is indeed a good time to buy. we have war ongoing between russia and ukraine, and it is only a matter of time before people realise that btc is a very good alternative to send money anywhere in the world especially those people residing in the affected areas.
we don't need a billionaire to realise this very good opportunity. so while btc is still in the 30s, make sure to act what is needed to get your profits later on.
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Now is really the best time to buy Bitcoin everyone knows that and not to act just because the Man you mentioned above has advice people to buy Bitcoin and thank him later. The problem with investment in Bitcoin is that, it is possible that if one buy now  and it happens that there was a further decline which may take a long time for you to be in profit and the patience to wait till your investment turn profit is the major challenge.
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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
You are right, because the situation is not completely stable yet. It could still experience a deeper correction impact. The supply of fiat money for now may be intended to survive in the midst of the current crisis. It's like the war between Russia and Ukraine is starting to ignite. Supplies of food and medicine will be very much needed at this time.
But it will always be a better option if we can start investing in every dip as we are not certain if how long this correction will take. So always invest in an amount you can afford to lose, and leave for a bigger funds in fiat as we still have to deal the money crisis that we have at the moment. However, if Russia will continue to evade Ukraine, there is a possibility that bitcoin price will still be heavily affected and will stay in a cheaper value. So buying bitcoin at the moment has been very beneficial for us because its the best investment we have in this decade.
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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.
This is true as buying bitcoin will make you profitable in the long run, as you don't need to worry anymore if you transfer from one country to another as you have your bitcoin always in your wallet. And banks will be of less use as they are centralized and can be easily controlled by the government. So buying bitcoin at the moment with its cheaper value is a very wise thing to do as what Salinas has been saying in most of his interviews and that bitcoin is certainly better than fiat.
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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.
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As a financial advisor whom works with money and in money systems every day, someone who’s gotten a true view of how it all works from the inside, I definitely agree with him here. He’s also right about stating it’s tech is part of what makes it so great. That’s what brought me to bitcoin back in 2014, not the invest prospect, that was always very secondary.
  I guess Salinas has been investing in bitcoin for long and has been making huge profits from it that he got the full nerves to say it in public what bitcoin could bring in the future. And in the eyes of bitcoin enthusiasts, his statements are all correct. In fact, he even said that bitcoin is a better option than fiat because its unseizable and can be transferred instantly worldwide, contrary to fiat and gold standard. https://bitcoinmagazine.com/culture/mexican-billionaire-says-bitcoin-is-a-better-option-than-fiat-money
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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
You are right, because the situation is not completely stable yet. It could still experience a deeper correction impact. The supply of fiat money for now may be intended to survive in the midst of the current crisis. It's like the war between Russia and Ukraine is starting to ignite. Supplies of food and medicine will be very much needed at this time.
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Buying bitcoin and alts as of this moment is very dangerous as most people from those regions are cashing out as hard as they can. Countries that are affected by the conflict will have their currencies go down hard, and it's not a funny sight. For sure, the Russians have also stocked up on foreign currencies as well to fund their invasion, and perhaps gold too. This conflict will not end pretty well if the aggression and tension goes over the roof.
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Perhaps the reason why news like this resurfaces is because of the current situation, some people already losing hope or confused about what will happen, if he urges people to buy doesn't mean you should act on it, he is giving his opinion, it is left for everyone to decide what to do.
Besides buying the dip is always a good choice, and since nobody can tell how low btc can go before the market will recover, there is nothing wrong with buying a little amount in every dip.
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As a financial advisor whom works with money and in money systems every day, someone who’s gotten a true view of how it all works from the inside, I definitely agree with him here. He’s also right about stating it’s tech is part of what makes it so great. That’s what brought me to bitcoin back in 2014, not the invest prospect, that was always very secondary.
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If you just buy without doing research properly, I am afraid you will be disappointed because, with the volatility that bitcoin had, you will see many up and down in the price that can confuse you or make you sad. If you really want to buy bitcoin, just wait for the down and buy it for some money but do not buy in a large amount because you do not know if the price will still be at the low price or it will go down for more. This time, you have your chance to buy bitcoin at a low price but as I said, buy it step by step and always check if the price is in good time to buy.
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There's no need for a rich guy saying to buy bitcoin because we have been buying bitcoin ever since. We are in the crypto space for a reason, we are here to invest and trust bitcoin no matter what the global situation. Lots of rich people saying buy bitcoin, we appreciate that because they are pro bitcoin, but don't forget that there are also lots of rich people who are anti bitcoin, so at the end of the day, it's still you alone who can make the decision.

Remember, be at the right side always, be a -- PRO BITCOIN--
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You don't need to be a genius to understand that the best time to buy bitcoin is - now! We all will have to be on lookout to buy at every dip. It's a bit insensitive as well because we are buying bitcoin at discount due to an ongoing war, but this is something we must not overlook.

It's very unfortunate to see a war happening in 21st century due to the expansionist mentality of communist nations. But if you have some investable surplus, put them in bitcoin!
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First of all, this is recycled news from the end of last year - and Salinas has already spoken on this topic several times. People should listen less to famous rich people because they just want to get even richer. In addition, he can influence people in Mexico or the surrounding countries, but few people in the rest of the world know who he is.

Ricardo Salinas Pliego, the third richest person in Mexico, has sent a new year message to his followers, urging them to steer clear of fiat currencies. He asked them to invest in cryptocurrencies such as Bitcoin.



@Bitstar_coin, it would be nice to learn to resize pictures, think a little of people who have slow or limited internet.
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it is clear that it is very regretful that there is a conflict in these two countries and of course we can't see it now because it is still too early for this conflict, even though as a result crypto has fallen due to the impact of the conflict where the current price for bitcoin is already at $35,508.

although many analysts say that there will be a decline in crypto assets, of course it is better to wait for the right time, in order to get the optimal value. because once again it is too early to say the conflict will continue and could make crypto assets continue to decline.
waiting a while is a wise thing so that what we will do can be maximized.
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People will really be encouraged to buy when some billionaires tell you their opinions on what you must do and where to invest. It's still going to tick you the idea that they've become successful and you should follow them because every word they tell is wisdom. But that's not it.
We know that many of us from here are bullish on bitcoin and are likely to hold for several years. But if it's about decision making, don't rely on the opinion of others and as what we're always telling, DYOR.
By taking time to research, it's helpful to know your own stand upon knowing things that you're about to invest like bitcoin. You'll have the idea of its nature and what you must do based on the gathered information you've got as per your research and analysis.
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If you need some rich Mexican dude to tell you to buy bitcoin for you to do so, then I don't even know what to say lmao. There will be rich bulls on almost any other asset out there — hence it makes no sense to make decisions based on one rich man's opinion.

You are right,but unfortunately a lot of the people have a "sheep mentality",so they need someone to tell them what to do.Someone with authority and knowledge.The people,who are born to be followers cannot become leaders.
Obviously this Mexican billionaire is a diehard Bitcoin fan,so his opinions seems biased.I would like to hear the opinions of people,who are neutral or negative,when it comes to Bitcoin/cryptocurrencies.
Anyway,there's no reason for panic.We should just HODL and wait for a lower BTC price,before we buy more.
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If you need some rich Mexican dude to tell you to buy bitcoin for you to do so, then I don't even know what to say lmao. There will be rich bulls on almost any other asset out there — hence it makes no sense to make decisions based on one rich man's opinion.

They will always tell that because they are benefiting if they can influence people since that's how they can start their own manipulation. This is why its better to do our own research before taking decisions on what's our next move towards on this since if we learn something huge on bitcoin for sure those manipulative attempts will never hurt us if there's bad effect beneath on.
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If you need some rich Mexican dude to tell you to buy bitcoin for you to do so, then I don't even know what to say lmao. There will be rich bulls on almost any other asset out there — hence it makes no sense to make decisions based on one rich man's opinion.
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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.

This has been the pattern in recent months and I don't think it will change anytime soon unless something crazy happens. Buy the dip and HODL!
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I'll sure get some bitcoin at this low price, but let's not forget that a terrible thing is happening right now in Europe.
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Well, now that the price of bitcoin and the whole market is on the slump, I think that it's a smart move to buy right now and with this tension in Russia and Ukraine with no foreseeable end yet, I think that it's in our best interest to stock up or if not, wait a bit longer if the price could ever go down much lower and then set a number that you want to get in.
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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
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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
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