Fred Thiel, CEO of Bitcoin mining company MARA Holdings, suggests an "invest and forget" method for retail investors interested in Bitcoin. In an interview with FOX Business, Thiel emphasized Bitcoin's positive historical performance, mentioning it closed lower only three times in 14 years. He recommends a long-term strategy of investing small amounts monthly.
Thiel highlights Bitcoin's consistent annual appreciation of 29% to 50%. However, he acknowledges it as a high-risk asset, suggesting broader acceptance or major economy recognition could attract risk-averse investors. He believes a US strategic Bitcoin reserve could boost Bitcoin legitimacy globally in 2025.
Additional growth factors include Bitcoin ETFs and favorable regulations. A MicroStrategy CEO poll shows retail interest growing, with over 75% planning to end 2025 with more BTC. Corporate adoption rises too; Bitcoin ETFs accumulated 1 million BTC, and companies like Hut 8 expanded BTC holdings.
Thiel sees institutional involvement and retail enthusiasm supporting Bitcoin's price increase, despite Japan's caution about a Bitcoin reserve. Currently, BTC trades at $97,229, reflecting moderate growth. Thiel remains optimistic about Bitcoin's potential amid supportive developments.
