Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Marvelockg
on 07/11/2024, 12:39:57 UTC
DON'T SELL YOUR BITCOIN TO THE U.S. GOVERNMENT, BLACKROCK, OR ANY OTHER INSTITUTION - PUBLIC OR PRIVATE

The U.S. under Trump will start building their "Bitcoin Strategic Reserve". There will absolutely be other institutions that will grab that Golden Opportunity to take that trade with U.S. Government.
does it matter who's interested in buying your Bitcoin and whatever reputation they hold? We've been in this thread long enough to know that this is definitely not a time to sell and if truly Trump, the US government or any other big institution wants to key into bulk buying of Bitcoin, we are already aware that it's going to have a positive effect in Bitcoin price and having a good chunk of Bitcoin will be to your advantage which is enough reason why selling will never be an option for now.

After looking at how the effect of the  outcome of the election reflected on Bitcoin price, it has served as enough encouragement that long term investment is the way to go and that along the way, a lot of things will play out that will taste how much of a long term holder one is.

When the US starts building her Bitcoin portfolio, it's likely they will still use the same manner Elsalvador is using by DCAing a particular worth of Bitcoin per day and if that's the strategy, getting who to run the trade with wil never by a big issue. Most of the holders that have less than 0.5BTC won't have a significant role to play in effecting that trade but that also does not mean that it's a set back they will face while implementing thier plan of using Bitcoin as her reserve.