Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
El Salvador did not sell any of their bitcoins. And El Salvador announced today they just bought another 80 bitcoin at $19k.
It confirms that they had a well-thought-out plan before investing in bitcoin. Bitcoin price drop has never made them difficult but a huge opportunity for El Salvador.
I believe Nayib Bukele has been doing the right thing all along.
Good Luck
Duke
El Salvador President Nayib Bukele is quite strong and a hard believer of bitcoin. From his tweets and activities relative to bitcoin we can understand. Earlier he gave a small advice to the common people on the price decline of bitcoin as an opportunity to invest and never look upon the charts and get worried. With the present purchase of more 80BTC the reserve gets changed to 2381BTCIt confirms that they had a well-thought-out plan before investing in bitcoin. Bitcoin price drop has never made them difficult but a huge opportunity for El Salvador.
I believe Nayib Bukele has been doing the right thing all along.
Good Luck
Duke
President Nayib Bukele has consistently believed in bitcoin, so he is buying continuously at lower prices, what he has now is good hope for the future so I think he will continue to add bitcoins if prices are still low.
According to the German bank (Deutsche Bank) that the price of bitcoin will return to $28,000 by the end of 2022 it is possible that what President Nayib Bukele has during his buying low will see the expected payoff.