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

[Finestream]

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.

[Japinat]

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.

[TheEconomists]

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.

[AmoreJaz]

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.

[Fesatmas]

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.

[Sled]

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.

[7788bitcoin]

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.

[lienfaye]

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.

[darewaller]

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.

[michellee]

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.

[Lucius]

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.

[AakZaki]

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.

[fullhdpixel]

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.

[Fesatmas]

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.

[suzanne5223]

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.

[Botnake]

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.

[pealr12]

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.

[TheNineClub]

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

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.

[Sanitough]

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

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/

[jostorres]

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.