Quote from: Ale88 on March 22, 2025, 05:43:57 AM

Many people don't understand one very simple concept: you only lose when you sell. That's it. I remember that years ago someone told Warren Buffett that that day he lost $400 mln (or something like that, a huge number) and he simply replied that no, he didn't lose any money because he didn't sell, that was just a fluctuation of his wallet. And he was totally right of course.

Exactly. This means El Salvador hasn't lost any money yet. The government keeps buying and "hodling" BTC regardless of its market price. We can say the same about Michael Saylor's "Strategy" investment company (formerly MicroStrategy). Yet, people want quick results. So they'll blame long-term hodlers not having sold their BTC while prices were still high. Let me tell you, that's not the way the crypto market works.

With every dip, comes a huge "pump" in market prices. Especially when it comes to Bitcoin. I'm confident it will reach $1m soon. When will that happen? That would be a wild guess. Just continue to buy BTC and ignore the FUD.