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Millionaire Jeremy Davinci, one of the first investors in Bitcoin, has warned against relying on sudden increases in Bitcoin prices as a way to get rich quick.
he said in an online post
DaVinci’s comments were made in response to a user asking him which year Bitcoin would explode.
However, Da Vinci did not support the idea of quick success, but emphasized that the best strategy is to save the money earned and continue to gradually accumulate Bitcoin, emphasizing that the real gain is time + accumulation.
Relatedly, on January 3, Leonardo da Vinci issued a warning about reliance on traditional assets, arguing that the financial system operates based on incentives that are not in line with personal interests.
When banks are in crisis, he said, they may resort to expanding their balance sheets, bringing in new players and shifting responsibilities more broadly in the hope that time, inflation or financial bailouts will fix the problem and turn private mistakes into public charges.
Therefore, he confirmed that he prefers to stay away from the system and not hold traditional financial assets, focusing instead on Bitcoin, silver and gold.
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