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

[evilgreed]

              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.

[riskarcher]

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

[Maestro75]

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.

[Mauser]

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.

[Anonylz]

             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.

[Fesatmas]

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

[FIFA worldcup]

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.

[stadus]

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.

[Lanatsa]

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.

[Viscore]

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."

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

[Jawhead999]

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.

[The Cryptovator]

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.

[worle1bm]

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.

[acener]

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.

[NoorulHuda]

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.

[DapanasFruit]

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.

[jhonjhon]

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.

[Rufsilf]

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.

[molsewid]

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

[freedomgo]

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.