Billionaire Reveals 4 Reasons to Consider Bitcoin Investment

Liputan6.com, Jakarta – Mexican billionaire Ricardo Salinas, a well-known bitcoin proponent and chairman of Grupo Salinas, commented on the cryptocurrency's recent surge on social media platform X.

Quoted from News.bitcoin, Monday (19/2/2024) Salinas shared insights about investing in Bitcoin, and revealed four reasons he believes investors should consider buying this crypto asset.

“Imagine you have just received your first paycheck after graduating from college. You have several choices on how to spend or invest that money,” wrote Salinas in his post on X.

The billionaire then detailed four reasons investors should consider Bitcoin as an investment.

The first reason, Salinas highlights Bitcoin's long-term growth potential, specifies an investment horizon of 10 years or more.

“Investing in bitcoin is like betting on a new but promising company at an early stage. Despite its fluctuations and risks, Bitcoin has shown impressive growth since its inception, outperforming many other types of investments in terms of returns. This is an opportunity to be part of a new technology that has the potential to define reset the global financial system,” he said.

The second reason to invest in Bitcoin is ease of access and liquidity.

Salinas explained that unlike some traditional investments, such as real estate or certain funds that require long-term commitments and are difficult to liquidate quickly, Bitcoin can be bought and sold in any amount almost instantly through online platforms.

“This offers flexibility and access to your funds when you need them,” he said, noting “it also means it is easy to react impulsively to market fluctuations.”