I was browsing through the Internet and got to X and came across an article that talks more about bitcoin investment and I think it's what some of us may find interesting to learn and build more confidence with bitcoin and also why we should not give up easily being a holder.
When you have too much time and you don't know what to do with yourself, you surf the internet and come across a lot of nonsense - and if some article from a social network needs to teach you how to be successful in life, then you are in big trouble.
This is about the German government and their bitcoin investment, which shows how they had invested about 50,000 bitcoin and sold while the market was at $55,000.
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The German government has never invested in cryptocurrencies, and the sale you mention is not even part of any government decision, but one of the German state that seized the same coins and then had to sell them by law. There are no doubts, no bad decisions, no crying over spilt milk - and no one can learn anything from this case.
It's not the country of Germany that's been selling millions of dollars worth of bitcoin, but a small German state called Saxony. The state confiscated almost 50,000 BTC in January and has been selling its holdings as per standard practice for assets seized during criminal investigations, an expert said.