While you are scared, El Salvador keeps buying the dip every day.
it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too
what are your thoughts on this Anon ?
The original concept in trading is to buy at low and sell at high, which is what El Salvador is doing now. I do not know what the long-term benefit of holding Bitcoin will be to that country as it is still in its initial days. They are the only country in the world trying to improve their economic condition by holding Bitcoin and declaring it as one of their legal tender. A country's economy function on various factors and becoming completely dependent on Bitcoin might not be a good idea.