Mexican billionaire Ricardo Salinas Pliego (Forbes estimates his net worth at $13.2 billion) advised to their Twitter followers to buy bitcoin on the decline and accumulate cryptocurrency. Pliego also recommended forgetting about selling bitcoin. According to the billionaire, those who listen to his recommendations will thank him later. RBC Crypto writes about this.
You have to buy #bitcoin (keep buying when the price is low), then just hold your #btcforget about selling… trust me you’re going to thank me later 😌😎 https://t.co/wpqpfc8N15
— Ricardo Salinas Pliego (@RicardoBSalinas) February 19, 2022
“Keep buying when the price is low, just accumulate bitcoin and forget about selling,” Pliego explained.
On February 22, the bitcoin rate for the first time since the beginning of the month fell to $36.3 thousand. At the time of writing, the cryptocurrency is trading at $37.6 thousand. In January, the value of the asset fell to $32.9 thousand for the first time since July 2021. In November last year, Bitcoin updated the all-time high is above $69,000. Since then, it has fallen in price by 45%.
At the end of 2021, Pliego recommended that his Twitter followers buy bitcoin and phase out cash. According to the billionaire, at the moment, central banks are printing money “like never before.”
Stay in touch! Subscribe to World Stock Market in Telegram.
Source: Cryptocurrency
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
