2nd Richest Person In Mexican, Ricardo Salinas Pliego Announces 10% Of His Bag Is In Bitcoin...But Here's The Kicker

Weekly we are seeing Smart Money announce that they have invested in Bitcoin. But the kicker is they are also announcing that they have been long Bitcoin for years. Ricardo of Mexico is no different. Everybody knows by now that he announced that 10% of his wealth is in Bitcoin, but many may not know he got into Bitcoin in 2016 when the price was $800. So how did Ricardo make his bag...runs the number two Mexican TV broadcaster, TV Azteca, and retailer Grupo Elektra and Electra is a publicly traded company.

In this video I use line charts to show how Bitcoin and the Mexico Peso are inversely correlated. In this video, I also introduce the counter trendline.

https://twitter.com/RicardoBSalinas/status/1328801110136664073

https://money.yahoo.com/mexico-second-richest-man-reveals-081545820.html

https://cryptopotato.com/after-buying-bitcoin-at-800-in-2016-mexicos-second-richest-man-doubles-down/

https://www.reuters.com/article/us-health-coronavirus-mexico-budget/too-little-too-late-mexico-unveils-26-billion-coronavirus-spending-shift-idUSKCN22423Q