Fred Thiel, the CEO of MARA Holdings, has shared a straightforward approach to investing in Bitcoin
Thiel pointed out that Bitcoin’s price has dropped in only a few of its 14 years, which shows its long-term potential.
Speaking with FOX Business on January 2, he suggested that retail investors focus on gradually accumulating Bitcoin and not worry about daily market changes.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is a Crypto Airdrop & How to Get FREE Coins? (Animated)
Using a personal example, Thiel shared his advice:
My recommendation, to my kids, for example, is they put just a little bit away every month in Bitcoin and forget about it.
He explained that this method works well over time. He said, "Over two, three, four years, it grows, and that’s what people do”. Thiel noted that Bitcoin’s value has typically increased by 29% to 50% in most years.
He also highlighted several factors that could boost Bitcoin’s price by 2025, including more large companies adopting Bitcoin through spot exchange-traded funds (ETFs) and the possibility of the United States holding Bitcoin reserves.
Thiel’s comments came after Michael Saylor, the CEO of MicroStrategy, conducted a poll on X. Out of 65,164 respondents, 77.7% said they plan to increase their Bitcoin investments in 2025.
On December 3, 2024, MARA Holdings officially acquired a wind energy facility in Texas. What led to the acquisition? Read the full story.
