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❕NEWS Mexican billionaire: I keep Bitcoin for 30 years

faribakhazaei

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Ricardo Salinas, Mexico's third richest man, says he will keep his Bitcoins for the next three decades. Salinas cited the limited supply of Bitcoin as one of its benefits, making it a superior digital currency. He converted 10% of his assets into Bitcoin last year. "You will remain poor," Ricardo said to Dogecoin investors, and this way he revealed his negative opinion of this coin.
 
Ricardo Salinas, Mexico's third richest man, says he will keep his Bitcoins for the next three decades. Salinas cited the limited supply of Bitcoin as one of its benefits, making it a superior digital currency. He converted 10% of his assets into Bitcoin last year. "You will remain poor," Ricardo said to Dogecoin investors, and this way he revealed his negative opinion of this coin.
Well , I believe time will come when the price of bitcoin will be so high that people will not be able to buy it easily and those that bought now will have upper hand
 
This will cause fear among dogecoin holders, because dogecoin unlimited supply have shown its weakness, while bitcoin limited supply to reduce inflation shows there are more hopes in future
 
Yeah they are making mistake and many firms that are generating the government in China revenue are leaving , to another country to continue their mining operation and many crypto companies too
China believes they got everything under control. They might have considered it's effect before making the call as well. I believe it is in future that they will discover it
 
Bitcoin is a long-term play. Once we expand our horizon and recognize the significant gains that bitcoin is sure to make in the time-frame of a decade or so, then we are no longer worried about temporary price action. Understanding what bitcoin is enough for anyone to become certain about its future.
 
Different people different belief's.. two rich man two different views.. one says bitcoin is bad and dogecoin is good while the other is the exact opposite.. i wonder which one is right..
 
China believes they got everything under control. They might have considered it's effect before making the call as well. I believe it is in future that they will discover it
Well maybe there could be a change of governments that would actually turn things around and adopt crypto currency , because China influence in the crypto community could be helpful
 
Well maybe there could be a change of governments that would actually turn things around and adopt crypto currency , because China influence in the crypto community could be helpful
The change in government may still not follow what we expect from them .they will keep following the past government stand.
 
Ricardo Salinas is creating an issue against Dogecoin investors. And he knows what he's talking for he has forecasted it and studied it how Dogecoin performs in the market.

Since bitcoin displays a superior digital currency, Salinas never doubts for 30 years time his investment will tremendously increase.
 
The change in government may still not follow what we expect from them .they will keep following the past government stand.
different government comes up with their policies when they see that the said past government is not going to positively contribute to the development of their plans I think
 
Well , I believe time will come when the price of bitcoin will be so high that people will not be able to buy it easily and those that bought now will have upper hand
That's why HODL is more than a meme since years. I am still getting depressed, bc I had to sell most of my BTC years ago - and now had to start basically from the scratch. Now I am rushing to get as much fiat again in crypto, not only BTC.

The fear of Salinas to altcoins is IMHO very exaggerated. I think that there is a lot of potential in altcoins or tokens - one just have to be careful where you throw your money.
 
That's why HODL is more than a meme since years. I am still getting depressed, bc I had to sell most of my BTC years ago - and now had to start basically from the scratch. Now I am rushing to get as much fiat again in crypto, not only BTC.

The fear of Salinas to altcoins is IMHO very exaggerated. I think that there is a lot of potential in altcoins or tokens - one just have to be careful where you throw your money.
Definitely because if you make your research about the road map of a coin and the general opinions about people Investing in the coins especially on forums like this.
 
Ricardo Salinas is creating an issue against Dogecoin investors. And he knows what he's talking for he has forecasted it and studied it how Dogecoin performs in the market.

Since bitcoin displays a superior digital currency, Salinas never doubts for 30 years time his investment will tremendously increase.
People that are rich like him do not just venture into any form investment without careful study of the investment. Dogecoin to me is just like a pump and dumb coin
 
I don't really see anything surprising in what he said , for sure btc would go higher and continue to go higher in many more years to come ...but he should have kept his opinion on dogecoin to himself due to it's effect on people who wanna do Doge
That's just it. People who are respected in the society should try to avoid speaking ill of other currency . They should only show support to the ones they like.
 
Well! Thirty years really long time! Age passes on bitcoin value increasing year by year! Well Elon musk dogecoin going to show impact in future!?
Well , I think it might be a counter strategy for Elon Musk who always criticize other cryptocurrency to promote dogecoin. Cryptocurrency these days is politics
 
Well , I think it might be a counter strategy for Elon Musk who always criticize other cryptocurrency to promote dogecoin. Cryptocurrency these days is politics
Every influential figures are trying to show their strength in the Crypto currency market , the investors and traders should be careful with investment to avoid loses.
 
Every influential figures are trying to show their strength in the Crypto currency market , the investors and traders should be careful with investment to avoid loses.
I couldn't agree more. The power ruffle is real and unfortunately, small investors are the ones to bear the brunt of the consequences.
 
Every influential figures are trying to show their strength in the Crypto currency market , the investors and traders should be careful with investment to avoid loses.
Exactly , it is not wise to follow the predictions of these influential personalities as it can lead to huge loss. Some of them are paid to do so
 

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