According to a recent interview with KITCO News, Salinas Ricardo Pliego, the founder of GruPo Salinas and the third rich of Mexico, has strengthened its purchase of bitcoin.
Bitcoin has fallen more than 6% from $ 104,900 to $ 112,000. Pliego is not stupid in drop. He is loading while others hesitate.
Pliego UPS Bitcoin Exposure
He already has about 70%of his portfolio in Bitcoin. Based on the report, he improved his stake last week. He did not share the exact person, but called it “significant increase.” He does not wait for the perfect price. He wants more coins in his wallet before the next step.
https://www.youtube.com/watch?v=9bgvq4lds4k
Market dip is considered a purchase opportunity
Bitcoin’s slides came after the tension in the Middle East drove the market. But Pliego says his movement is not related to war news. He sees all dip as an opportunity to buy. Other big players are doing the same. This trend has fewer coins moving between wallets and exchange. The whole chain data shows the balance of the largest holder of the largest holder even with the price.
Inflation hedge claim
PLIEGO warned that the Fiat call loses value over time. He pointed out that the US dollar has lost about 90 percent of his purchase power over the past 40 years. He reversed the strategy Michael Saylor when he called Bitcoin a shield for money printing. Pliego even wrote a book called “Bitcoin Enlightenment,” there argued that encryption indicates the end of Fiat.
Long -term prospects are still powerful
Tycoon admits that Bitcoin can be shaken violently when big economic news comes. He said the holders must pass the daily chart. Kitco News said, “Focus on where this is going.
He is not alone. Coinbase’s CEO Brian Armstrong believes that the country will have more digital assets than gold. The idea gives Pliego a lot of confidence.
Image: BCB Group
Betting on encryption
Pliego suggested that you can go all a day. It will put all the pesos he owns into the encryption. This is a bold plan. Given the history of Crypto Asset, it is also dangerous, given 5-10%of movement a day. Still, his voice is weight. When billionaire accumulates, others pay attention.
Salinas Ricardo PLIEGO is betting in the future of Bitcoin. He buys $ 104,701 even after 6%full back. He sees Bitcoin as a way to avoid inflation.
Now we are urging them to build a SAT and board everyone else. If his bet is paid, early buyers can benefit greatly. If not, they can face steep losses. Either way, Pliego’s movement shows that confidence in Bitcoin is powerful among the richest investors.
Chart of TradingView, the main image of Unsplash
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