Re: El Salvador has become the first country to make #Bitcoin legal tender!
The El Salvadoran president, Nayib Bukele just tweeted about the upcoming plan of buying bitcoin daily
https://twitter.com/nayibbukele/status/1593113857261965312?t=34fpxL5lJFctwpq5eUGp2g&s=09
I think this is DCA which is a good plan, but buying one bitcoin daily if not weekly may not be regarded as DCA but the price of bitcoin has falled significantly in a way that there may only be little drop in price which would be followed by a significant bull run. We do not know when the next bull run will start, which would take bitcoin to over $30000, but I believe we are getting closer to the period daily.
I see this as a good plan for people that wants to invest in bitcoin to invest now too because it would be profitable.
and it seems that it's not only Nayib bukele who will repay 1 bitcoin every day but we see that it turns out that even justin sun also replied to bukele's tweet and it seems that Justin sun will do the same thing, namely starting tomorrow they will start buying 1 bitcoin every day.https://twitter.com/nayibbukele/status/1593113857261965312?t=34fpxL5lJFctwpq5eUGp2g&s=09
Quote from: https://twitter.com/nayibbukele/status/1593113857261965312?t=34fpxL5lJFctwpq5eUGp2g&s=09
We are buying one #Bitcoin every day starting tomorrow.
I think this is DCA which is a good plan, but buying one bitcoin daily if not weekly may not be regarded as DCA but the price of bitcoin has falled significantly in a way that there may only be little drop in price which would be followed by a significant bull run. We do not know when the next bull run will start, which would take bitcoin to over $30000, but I believe we are getting closer to the period daily.
I see this as a good plan for people that wants to invest in bitcoin to invest now too because it would be profitable.
