Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
El Salvador gains $300 million plus from bitcoin holdings as bitcoin hits $100k milestone
Maybe their incredible success was possible only for investing in Bitcoin. Ever since this country adopted Bitcoin as tender, The price of Bitcoin was very low back then. Bitcoin continues to grow over time, increasing the value of the investment for Bitcoin holders around the world. Yesterday, Bitcoin price surged to over $104K, basically a different change in the Bitcoin market since Donald Trump won the election. Bitcoin has shown many surprises to all bitcoiners in 2024, with a few new ATHs this year and the latest hitting the $100k mark yesterday.
Nayib Bukele showed off a portfolio chart on Twitter yesterday. There it is clearly seen that their investment made a profit of $333 million dollars.
https://x.com/nayibbukele/status/1864506095131144278?t=eDeEOKitK2bS4dzu7LW6GA&s=19
With the price of bitcoin currently reaching more than 100K, of course El Salvador is making big profits from its current bitcoin investment. So it is clear that Nayib Bukele and the entire people of El Salvador will definitely be very happy with the current situation. But even so, in my opinion this is not much, because El Salvador's goal in investing in bitcoin is not just to make a profit. So Bitcoin's achievement of a price of 100K is just a shadow of success before real success is achieved for El Salvador. And of course DCA must continue to be carried out by El Salvador to get even greater results in the future.Maybe their incredible success was possible only for investing in Bitcoin. Ever since this country adopted Bitcoin as tender, The price of Bitcoin was very low back then. Bitcoin continues to grow over time, increasing the value of the investment for Bitcoin holders around the world. Yesterday, Bitcoin price surged to over $104K, basically a different change in the Bitcoin market since Donald Trump won the election. Bitcoin has shown many surprises to all bitcoiners in 2024, with a few new ATHs this year and the latest hitting the $100k mark yesterday.
Nayib Bukele showed off a portfolio chart on Twitter yesterday. There it is clearly seen that their investment made a profit of $333 million dollars.
https://x.com/nayibbukele/status/1864506095131144278?t=eDeEOKitK2bS4dzu7LW6GA&s=19