Post
Topic
Board Altcoin Discussion
Re: Buying more of the Dip
by
laijsica
on 27/05/2024, 06:14:02 UTC
Somewhere i heard about that but i didn't know about the Bitcoin amount they own. 5700 Bitcoin seems decent amount for a small country like El Salvador as well as they keep buying. I don't know their current amount but The confidence of El Salvador makes Bitcoin investors courage and inspired to go ahead. Its a smart choice to buy Bitcoin for dip. Hope this Smart decision will bring more money for them in future. And everything become so high at this moment.
Unfortunately, only a few countries accept payments using Bitcoin for daily life. There are still many countries that do not accept legal payments when using Bitcoin. I really hope that Bitcoin starts to be widely accepted in many countries like what El Salvador did to make the price of Bitcoin very expensive because it will be increasingly difficult to get Bitcoin.
Bitcoin is currently going through its teenage years, with countries looking for strategies to use it as a hedge. Bitcoin doesn't wait for anyone's recognition, it has gone it alone in the past and should continue to do so in the future. Owning some fraction of it through holdings is going to pay higher profits for the future. It is going to get higher value with time due to lack of excess numbers.