Bitcoin (BTC) Mining Firm CEO Fred Thiel Advocates “Invest and Forget” Strategy for Retail Investors

Thiel Cites Positive Historical Performance Of Bitcoin

Bitcoin (BTC) price has performed remarkably well over the years, despite experiencing only three yearly closes in the red throughout its 14-year history. This includes the peak of the COVID-19 pandemic.

Now, as BTC continues to trade within the mid-$90,000 range following a recent pullback from its all-time high (ATH) of $108,135, what does the future hold for the world’s leading digital currency?

Thiel Advises ‘Invest And Forget’ Strategy For Retail Investors

In a recent interview with FOX Business, Fred Thiel, CEO of Bitcoin (BTC) mining firm MARA Holdings, had some advice for retail investors looking to gain exposure to BTC.

According to Thiel, his children are adopting an “invest and forget” strategy when it comes to Bitcoin. Thiel explained:

“My recommendation, to my kids, for example, is they put just a little bit away every month in Bitcoin and forget about it. Over two, three, four years, it grows, and that’s what people do.”

Highlighting BTC’s historical performance, Thiel noted that it has appreciated annually by an average of 29% to 50%. However, he also acknowledged that Bitcoin remains a high-risk asset.

As such, risk-averse investors may shy away from the asset class until it achieves broader acceptance or gains official recognition from a major global economy.

Thiel Believes BTC Could Hit New Highs In 2025

Thiel Cites Key Catalysts For Bitcoin’s Growth This Year

According to Thiel, several key catalysts could support Bitcoin’s growth in 2025. These include:

– Institutional involvement through Bitcoin exchange-traded funds (ETFs)

– Favorable digital asset regulations under the Trump administration

Highlighting retail investors’ growing enthusiasm, recent data suggests that many are planning to increase their Bitcoin holdings.

In a poll conducted by MicroStrategy CEO Michael Saylor, over 75% of 65,164 respondents stated that they intend to end 2025 with more BTC than they started with.

The poll reflects enthusiasm among retail investors, further buoyed by bullish developments in 2024, such as ETF approvals, the Bitcoin halving, and Trump’s election victory in November.

More Companies Continue To Add BTC To Balance Sheet

As covered by BTC.com, MARA Holdings is among the companies that already hold BTC on their balance sheets. Recently, rival crypto mining company Hut 8 also expanded its holdings to more than 10,000 BTC.

Meanwhile, other firms that joined the Bitcoin movement in 2024 include Japan-based Metaplanet and Canada’s Rumble, among others. Bitcoin ETFs also managed to accumulate over 1 million BTC in under a year since their launch.

However, it’s worth noting that some skepticism remains. For instance, Japan’s Prime Minister recently expressed caution about the idea of establishing a strategic Bitcoin reserve.

At press time, BTC trades at $97,229, up 0.7% in the past 24 hours.