The 116th Forbes Richest Man has Now Invested in Bitcoin

News • 2020/11/18 • by
remitano

Ricardo Salinas Pliego made an official statement via his Twitter that he has invested in Bitcoin.

The tweet was made in Latin but converted to English language using Google translator. He made a tweet and recommended bitcoin as one of the best ways to diversify investments.

Major Updates

He shared that 10% of his total liquid portfolio has been invested in bitcoin
The billionaire recommends a book for bitcoin investors.
Pliego believes bitcoin is the way to evade government oversight.

Pliego also added that this is an institutional move, and he is also adopting bitcoin investment since he has been following GrayScale investment.

In the translated tweet, Pliego recommended the book “The Bitcoin Pattern” as the best book to understand Bitcoin.

He also added that the remaining 90% left in his liquid investment portfolio would be channeled towards miners of metals.

The news generated positive responses from the cryptocurrency community, including public figures such as Kraken’s Director, Dan Held.

Pliego is known for being involved in finance, media telecommunications, and retail. He is also the chairman of Grupo Salinas, the second-largest programming language producer in Spain and Mexico.

*Do you think he made the right move investing in Bitcoin? *

Comments (4)
Guest
andrei12
6 years ago
i certainly think he made the right move
visiblemoney
6 years ago
He did the smartest thing expected of any vibrant entrepreneur by investing 10% of his portfolio by diversifying to BTC.
exodusab
6 years ago
I think it is a right choice in a right direction He is taken
ajii12
6 years ago
more rich people will invest in bitcoin

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