PANews news on May 6th, according to Bitcoin.com, Ricardo Salinas Pliego, Mexico's fifth-richest person and owner of TV Azteca and Grupo Electra, provided investment advice to his fans on the social media platform X, strongly promoting Bitcoin. He directly stated that investing in real estate is not a wise move, saying "real estate is a terrible investment, don't be fooled by appearances," and advised potential investors to stay away from this sector. He stated, "Buying a house to live in is consumption, buying a house to rent is nonsense," and suggested that investing in Bitcoin is more advisable. Salinas jokingly added that following this advice might help people join the ranks of the world's rare few billionaires.
Mexican Billionaire Ricardo Salinas: Real Estate Is a Bad Investment, Invest in Bitcoin Instead
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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