Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥
Key Takeaways
Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥
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!
4 Ways to Turn Fiat to Crypto VS Crypto to Fiat (Easily Explained)
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.
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.