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.
Kosta Gushterov
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.
Source: https://coindoo.com/billionaire-ricardo-salinas-goes-all-in-on-bitcoin-buy-everything-you-can/