Post
Topic
Board Altcoin Discussion
Re: Buying more of the Dip
by
oktana
on 21/04/2024, 10:33:57 UTC
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 ?

There are no reason not to believe bitcoin and crypto currencies would keep rising like they always had been and keep breaking past All time high to create a new one.
Specially when there are a large amount of coins frozen by institutional investors and a sharp growth in interest in crypto.
I don't want to create a FOMO but in my opinion, you are going to lose a lot if you don't hold crypto in near future. If you don't have or want to increase your stock, the current dip could be the best time as we might never see this price again.

I agree with you because with the rate of adoption and everyone getting a share of Bitcoin, it will someday be valued like rare metals from space. Imagine how many people we have on earth, imagine how adoption keeps happening and more people are buying bitcoin. But I’m not sure how it will turn out in the end in regard to Bitcoin being used as a currency, it would be definitely crazy if it happens that someday we can use say 0.00001 Bitcoin to buy a house.