Billionaire Ricardo Salinas Goes All-In on Bitcoin: “Buy Everything You Can”
By: bitcoin ethereum news|2025/05/04 14:45:01
0
Share
Mexican billionaire and outspoken Bitcoin advocate Ricardo Salinas has doubled down on his bullish stance, declaring that Bitcoin is “not gonna go anywhere except up.” In a recent interview, Salinas urged investors to “buy everything that you can” and outlined why he believes BTC is the hardest, most valuable asset in existence. A 70/30 Portfolio: Bitcoin Over Everything Salinas, one of Latin America’s richest men and a vocal critic of fiat systems, revealed his personal investment strategy is aggressively weighted toward Bitcoin-related exposure (70%) with the remaining 30% in gold and gold mining stocks. “I don’t have a single bond,” he emphasized. “I don’t have any other stocks except my own.” His position reflects not just confidence in BTC, but a total departure from traditional finance vehicles, echoing growing sentiment among high-net-worth individuals who are seeking harder assets amid inflation and geopolitical uncertainty. Why Bitcoin Over Gold? According to Salinas, Bitcoin surpasses gold as a store of value due to its fixed supply and deflationary nature. While gold supply inflates about 3% annually from mining, Bitcoin’s total supply is capped at 21 million, with over 20 million already mined. “It’s the hardest asset in the world. Not even gold is as hard,” Salinas said. “There’s only 1 million Bitcoin left to be mined, and that’ll take until around 2140.” Long-Term Strategy: Dollar-Cost Averaging Addressing Bitcoin’s short-term volatility, Salinas encourages a long-term mindset and consistent buying. “Bitcoin, you have to think 10 years. Dollar-cost average. Buy every month, and that will take the uncertainty away.” Despite a recent 20% drawdown since the Trump inauguration rally, Salinas maintains that Bitcoin’s trajectory is upward over time, driven by scarcity, decentralization, and increasing adoption. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/billionaire-ricardo-salinas-goes-all-in-on-bitcoin-buy-everything-you-can/
You may also like
Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining
Perplexity Fine-Tuned a Chinese AI Model to Match Claude Opus 4.8 at One-Third the Cost
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
A Comprehensive Analysis: Starting from 1996, Who is Laying the Foundation for the Next Generation of Capital Markets
Luke Dashjr, the Biggest Anti-Spammer of Bitcoin, Inscribed Phrases on the Network in 2011
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining
Perplexity Fine-Tuned a Chinese AI Model to Match Claude Opus 4.8 at One-Third the Cost
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
