Ricardo Salinas, Mexican billionaire and businessman, made a radical change in the investment strategy and 70 %of his portfolio Bitcoin $83,958.40announced that he devoted to. The remaining 30 %section was invested in gold and gold miners. Salinas, who stays away from traditional financial vehicles, continues to turn to alternative assets. This preference shows that it has a strong stance against uncertainties in the markets.
Bitcoin and the reason for investment
Salinas evaluates his trust in Bitcoin in a long -term perspective. He thinks that the digital currency will maintain its value due to its limited supply and decentralized structure. So he directed most of his investment to Bitcoin.
Gold and gold miners are the rest of the portfolio. Salinas says that these assets serve as a safe port in the crisis periods. The billionaire, who prefers to invest in assets that can maintain its value in the face of inflation, aims to protect market fluctuations with long -term strategies.
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Increasing Bitcoin investments during the COVID-19 epidemic, Salinas made a 10 %change in its portfolio. At that time, despite the fluctuations in the crypto money market, he retained his confidence in Bitcoin.
Dollar cost average and market fluctuations
The billionaire investor proposes the dollar cost average strategy to manage market volatility. He states that investors can reduce their average costs in the long term by making regular purchases so that they are not affected by short -term price movements.
The price of Bitcoin in the last 24 hours has decreased by about 10 %. At the same time, a general decline trend was observed in the crypto currency market. Salinas argues that despite market fluctuations, long -term investors should not panic against such changes.
Salinas, the fifth richest name of Mexico, has a wide business network in banking, retail and telecommunications sectors. The billionaire, who does not prefer shares and traditional financial instruments, continues to turn to alternative assets.
Salinas, who plans to withdraw Grupo Elektra from the stock market, wants to alleviate the company’s interest and tax burden. This move is considered a significant change in the firm’s financial management strategy.
“I devoted 70 %of my portfolio to Bitcoin and 30 %to gold and gold miners. I do not have any other investment tool other than my bonds or my own shares. ” – Ricardo Salinas
Salinas, who proposes long -term thinking to investors, emphasizes that the markets should be acted with a 10 -year perspective. The billionaire who thinks that Bitcoin and gold are a safe port against market uncertainties, continues its investment strategy in this direction.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
