Buying and holding bitcoin is his only investment recommendation, Saifedean Ammous warns

Buying and holding bitcoin is his only investment recommendation, Saifedean Ammous warns
Ammous urges caution on bitcoin scams

Saifedean Ammous, author / academic at Self-employed, warns followers to be vigilant against impersonators offering investment opportunities through direct messages.

He emphasizes that his only investment advice is to buy bitcoin and hold it for more than five years, and that this advice is always provided for free.

Ammous has previously warned about social media impersonators offering investments under his name, reiterating that his sole guidance is to buy and hold bitcoin for the long term. He also operates a mailing list for updates on bitcoin and Austrian economics books and courses. These precautions follow ongoing reports of unauthorized accounts attempting to contact followers.

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