MARA CEO Advocates “Invest And Forget” Approach To Bitcoin, Citing Strong Historical Performance
in the most recent interview Fred Thiel, CEO of Bitcoin (BTC) mining company MARA Holdings, has teamed up with FOX Business to promote an “invest and forget” strategy for retail investors looking to gain exposure to the world’s leading digital currency.
Thiel cites Bitcoin’s positive historical performance
BTC continues to trade in the mid-$90,000 range following its recent pullback from its all-time high (ATH) of $108,135. While crypto analysts keep a close eye on the price movement of the flagship cryptocurrency, major Bitcoin holders appear less concerned about short-term fluctuations.
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Thiel cited Bitcoin’s historical performance and recommended that retail investors adopt a long-term investment strategy. He noted that Bitcoin has closed at a lower price only three times in its 14-year history, including during the height of the COVID-19 pandemic. Thiel said:
For example, my advice to my kids is that they just save a little bit of Bitcoin every month and then forget about it. Over two, three, four years, it grows, and that’s what people do.
Thiel also highlighted BTC’s continued growth, emphasizing its average annual appreciation of 29% to 50%. However, Bitcoin remains a high-risk asset that risk-averse investors may shy away from until the asset class gains wider acceptance or official recognition from major global economies.
For example, the establishment of a strategic reserve of Bitcoin in the United States could solidify the legitimacy of the cryptocurrency as an asset and could trigger a domino effectencouraging other countries to follow suit. Thiel described such reserves as a key catalyst in driving Bitcoin prices to new highs in 2025.
Additionally, Thiel cited high institutional participation in Bitcoin exchange-traded funds (ETFs) and the Trump administration’s favorable digital asset regulation as other factors that could support Bitcoin’s growth this year.
Although Thiel’s advice is aimed at retail investors, recent data suggests that many are already planning to increase their Bitcoin holdings. According to a poll conducted by MicroStrategy CEO Michael Saylor, more than 75% of 65,164 respondents intend to own more BTC by the end of 2025 than when they started.
The poll reflects growing enthusiasm among retail investors, buoyed by bullish developments for 2024 such as ETF approval, the Bitcoin halving, and Trump’s November election victory.
More companies add Bitcoin to balance sheets
Corporate adoption of Bitcoin continues to grow. Although MARA Holdings has hold BTC recently appeared on its balance sheet with rival cryptocurrency mining company Hut 8 expand Its holdings exceed 10,000 BTC.
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Other companies, such as Japan’s super planet and canadian rumblejoining the Bitcoin movement in 2024. In addition, Bitcoin ETFs also accumulation It has surpassed 1 million Bitcoins in less than a year since its launch.
Yet doubts remain. Japanese Prime Minister recently expressive Caution over the idea of ​​building a strategic reserve of Bitcoin reflects lingering doubts in some quarters. At press time, BTC was trading at $97,229, up 0.7% in the past 24 hours.
Featured image from Unsplash, chart from TradingView.com
