Quote from: Fiatless on March 11, 2025, 07:31:26 PM

Quote from: NurseHub on March 11, 2025, 05:09:32 AM

El Salvador was buying bitcoin at very good price buy I think they will have to buy this dips now that bitcoin is making decreases every now and then.

I love the fact that this country took the bold step to do well for themselves too it shows how much trust the government of has in bitcoin which is an added advantage to the community.

El Salvador is adopting the DCA strategy. They are buying Bitcoin at all times no matter the price. The country understands that the price will increase in the future, so they are always accumulating. But this slight deep gives an opportunity for the country to buy at a discounted price. Weak hands are dumping, while strong hands are buying.

El Salvador's President Nayib Bukele can certainly take any action to hold Bitcoin at any time, they are holding 1 Bitcoin on average every day. Because they know that in this Bitcoin market, weak holders are selling their Bitcoin at the moment of dip and strong holders are holding Bitcoin for a long time. However, their daily DCA method plays the most important role in Bitcoin investment, because they are constantly creating savings towards purchase and their morale is getting stronger to hold more Bitcoin.
Because Nayib Bukele has played the biggest role in the economic sector of his country, that is why he has given the most importance to Bitcoin. And so far they have 6113 Bitcoins in the current holding state, as time goes by, their holding is getting bigger and bigger and is at the peak of success.