This Billionaire Says Bitcoin Is a Better Investment Than Real Estate. Is He Right?

There are two types of Bitcoin (CRYPTO: BTC) investors. There are short-term momentum traders who prize Bitcoin's impressive upside potential over brief periods. Then there are the long-term, buy-and-hold investors who view Bitcoin as the future of money.Mexican billionaire Ricardo Salinas Pliego, founder and chairman of Grupo Salinas, is firmly in the second camp. He's been a long-term believer in Bitcoin. Even amid the crypto market's recent slide, he has remained undeterred. In fact, he still thinks Bitcoin is a better investment than real estate, making it a very attractive long-term buy.To understand why Salinas is so bullish on Bitcoin, you first have to view crypto as a stand-alone asset class. Just as you might allocate a specific percentage of your portfolio to stocks, bonds, or real estate, you could also allocate a specific percentage to Bitcoin.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool