The tycoon admits Bitcoin can swing wildly when big economic news hits. He said holders should look past daily charts. “Focus on where this thing is going,” he told Kitco News.
He isn’t alone. Coinbase CEO Brian Armstrong thinks nations will hold more digital assets than gold down the road. That idea gives Pliego plenty of confidence.
Pliego has hinted he may go all in one day. That would put every peso he owns into crypto. It’s a bold plan. It’s also a risky one, given the crypto asset’s history of 5-10% moves in a day. Still, his voice carries weight. When a billionaire piles in, others pay attention.
Salinas Ricardo Pliego is betting big on Bitcoin’s future. He’s buying at $104,701, even after a 6% pullback. He sees Bitcoin as a way to dodge inflation and come out ahead.
For now, he’s stacking sats and urging everyone else to get on board. If his bet pays off, early buyers could reap huge gains. If not, they could face steep losses. Either way, Pliego’s moves show that confidence in Bitcoin remains strong among the richest investors.
Featured image from Unsplash, chart from TradingView
