Post
Topic
Board Bitcoin Discussion
Re: El-salvador bitcoin investment is underwater
by
Genamant
on 04/07/2022, 15:37:18 UTC
Bitcoin Purchase Timeline of El Salvador

After a buying spree, El Salvador is now holding 2301 BTC at a $45,900 avg. price

The country's Bitcoin investment is underwater.

Bitcoin had its peak at $69k, then continuously went down for months in the drumbeats of negativity

BTC price > $45k: 271 BTC bought
BTC price < $45k: 910 BTC bought
BTC Roll EyesBTCBTC
nayibbukele kept buying more when the price plunged

 El Salvador has come a long way on the journey to bring Bitcoin into people's daily purchase.
The country took numerous actions to realize the Bitcoin dream






While everybody is focused on the unrealized losses that El Salvador has on their #Bitcoin investment. They bought again in this dip.
I think they will not compromise their countries fund if they didn't know whats coming for them.