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

[Bitstar_coin]

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.

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

[PrivacyG]

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

[pinggoki]

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.

[flaviakira2]

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.

[Haunebu]

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!

[mk4]

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.

[Taskford]

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.

[davis196]

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.

[passwordnow]

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.

[yohananaomi]

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.

[Lucius]

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.

[avikz]

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!

[Russlenat]

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--

[pieppiep]

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.

[ChiBitCTy]

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.

[Anonylz]

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.

[dothebeats]

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.

[Fesatmas]

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.

[Vaculin]

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

[Leviathan.007]

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.