Mexican billionaire Ricardo Salinas, one of the richest people in that country, has not been affected by the recent drop in the price of bitcoin.
“Take advantage and buy now while it’s low,” Salinas said in a Sunday
The veteran bull’s comment came after bitcoin’s decline in recent months to its current level of $66,000. Salinas shared the message along with an earlier clip of him defending bitcoin’s ability to support freedom, doubling down on a stance he has held for years.
Salinas, whose estimated net worth is around $4.9 billion, has been one of the most vocal proponents of bitcoin in Latin America. In previous interviews, he described fiat currency as a “fraud” and called bitcoin “the only way out” to preserve purchasing power.
In an interview last year, he said that 70% of his liquid assets were tied to bitcoin. The remaining 30% was in gold and shares of gold mining companies.
