Volimack
Member
Offline
Activity: 462
Merit: 13
★Bitvest.io★ Play Plinko or Invest!
|
|
March 01, 2024, 11:15:48 AM |
|
Investing in bitcoin should be limited within your budget because it is not possible to earn profit from bitcoin in one day you have to wait for a long time. All work requires risk without risk success cannot be achieved. Do market research without listening to anyone's words by investing in bitcoin and move towards profit without risk. Investors will profit during a bull market even if the price falls.
|
|
|
|
rodskee
Full Member
Offline
Activity: 2478
Merit: 204
★Bitvest.io★ Play Plinko or Invest!
|
|
March 01, 2024, 11:38:47 AM |
|
Investing in bitcoin should be limited within your budget because it is not possible to earn profit from bitcoin in one day you have to wait for a long time. All work requires risk without risk success cannot be achieved. Do market research without listening to anyone's words by investing in bitcoin and move towards profit without risk. Investors will profit during a bull market even if the price falls.
actually it is come together from financial advise in crypto to invest in Bitcoin/crypto the amount that you can afford to lose so you have given yours here and hope that newbie will capture that to understand and never fell on that. Bitcoin still has risks and we have to always remember that going in to this investment.
We have to mitigate these risks by assessing market movements before buying and checking the best possible entry points. We also should try to set up a definite goal and have clear objectives so that we do not easily swayed by FOMO. I agree that we should just invest in crypto and stop worrying too much however we also have to still be smart when investing.
Bitcoin is a great investment but losses are still possible and that is the reality of that. Anyway, I hope El Salvador’s President serve as an inspiration to a lot. Hoping that this move allows the general public to believe and trust bitcoin.
Nice site there , and indeed that bitcoin investments always comes with risk but at least we knew how to handle and will choose holding when the price dumps.
|
|
|
|
AakZaki
Legendary
Offline
Activity: 2338
Merit: 1079
zknodes.org
|
|
March 01, 2024, 01:25:09 PM |
|
~snip~ I believe in a financial system without traditional flaws, so Bitcoin is more than an investment. El Salvador's narrative confirms Bitcoin's untapped potential. Critics and detractors have been proven incorrect repeatedly. Bitcoiners remain steadfast in our vision.
In the end, the critic didn't give us any evidence that he wasn't invested in Bitcoin. It could just be that he is the one who seems to be doing us a disservice. But if we look seriously, we should realize that they are also useful for traders like me. Because I can buy at a fairly cheap price. So I think they are not always the bad part. Besides, their arguments are always broken when Bitcoin reaches its best price again. Maybe even after this Halving period maybe BTC will move better. It seems like they are created to be able to give us the best opportunities.
|
|
|
|
Negotiation
|
|
March 01, 2024, 01:34:35 PM |
|
In a revelation that shook the financial and cryptocurrency communities El Salvador's Bitcoin could record impressive gains to go with it. When the value of bitcoin increased significantly El Salvador could achieve a profit of over 40%. Bitcoin endorsement has attracted additional investment in bitcoin. This is why bitcoin investment should be the right move to hold for the long term and suggests a long term outlook for cryptocurrency reserves. This approach highlights the country's confidence in the long term value of bitcoin as well as its potential to shape the Salvador economy in the future.
|
|
|
|
Mate2237
|
|
March 01, 2024, 02:46:45 PM |
|
One of the person whom I know that face criticism was Bukele the president of El Salvador. Upon all the criticisms the guy didn't give up and continue to strengthen the coin in the country till now. I have also been looking for the latest development of El Salvador economic with bitcoin in the country and I discovered that they are doing well though the number of people using the coin is not much as that but after this all time high then the crusaders will also join the investment of bitcoin and propagate the movement to other countries.
Even though Bukele adopt the use of bitcoin in the country, he didn't remove the El Salvador currency for bitcoin but he uses the two alongside.
|
|
|
|
bestcoins1
|
|
March 01, 2024, 02:48:53 PM |
|
Investing in bitcoin should be limited within your budget because it is not possible to earn profit from bitcoin in one day you have to wait for a long time. All work requires risk without risk success cannot be achieved. Do market research without listening to anyone's words by investing in bitcoin and move towards profit without risk. Investors will profit during a bull market even if the price falls.
On average, success and profits can indeed be achieved when someone is able to understand the risks and dares to take risks to do this (investing in Bitcoin). Because without going through this process, it is certainly impossible to expect profits, so it is true as you said that any investor must have truly mature readiness if they want to take an investment like Bitcoin. The readiness that must be provided is such as one's own funds or life budget which is also included in the emergency fund along with a wise attitude when investing without being influenced by what other people say.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
Plaguedeath
|
|
March 01, 2024, 03:00:40 PM |
|
Even though Bukele adopt the use of bitcoin in the country, he didn't remove the El Salvador currency for bitcoin but he uses the two alongside.
It would be stupid if he US because it will cause a chaos. Will every businessmen, civil servant and any other El Salvadorian agree to update the price of their goods and services for every second? right now a big mac cost 0,000016 BTC, two minutes later it decrease to 0,000015 BTC, three minutes later it back to 0,000016 BTC, ten minutes later it increase to 0,000017 BTC. If they didn't update the price, the poor will not able to survive and they will make noises.
|
|
|
|
m2017
Legendary
Offline
Activity: 1932
Merit: 1385
Crypto Casino and Sportsbook
|
|
March 01, 2024, 06:00:19 PM |
|
Today El Salvador is 40% in profit in their bitcoin investment as bitcoin price keeps rising, 40% when the halving has yet occured, and the next ATH not yet hit, how much more when it all does.
This is paper profit. I have not heard of El Salvador selling this holding bitcoins and taking a profit. And if the bitcoin's price falls (and this often happens in a very volatile cryptomarket) by the same 40%, will it turn out that El Salvador received losses or not? I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts. Today everyone is praising him for for holding firm. Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
It is clear that the example you gave should encourage BTC-holders to show perseverance in holding bitcoin, but in the case of El Salvador, there is not much time in the past to evaluate the correctness of President Bukele s decision. This story is still far from over and it is unknown how the choice made by the president will affect the fate of the entire country and its inhabitants. This is a very big responsibility. It’s completely different from what happens with individual investing.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
Wakate
|
|
March 01, 2024, 06:15:58 PM |
|
Investing in bitcoin should be limited within your budget because it is not possible to earn profit from bitcoin in one day you have to wait for a long time. All work requires risk without risk success cannot be achieved. Do market research without listening to anyone's words by investing in bitcoin and move towards profit without risk. Investors will profit during a bull market even if the price falls.
We can see that the price of Bitcoin keeps skyrocketing and those that have Bitcoin keep seeing huge value added to their holdings. That is how we should keep going and seeing values added to our Bitcoin. We could make money from just holding Bitcoin because the market is bull already. Very soon the price of Bitcoin would reach the previous high and that would be the continuation of the previous bull that we experienced in 2020. There is lot of benefits for us to keep going our assets. It might look uneasy especially for those of us that don't have plenty of income investments that is giving enough money for us to invest in Bitcoin.
|
| | | . .Duelbits. | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | | . ..DICE... | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | . .MINES. | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | . .PLINKO. | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | 10,000x MULTIPLIER | │ | NEARLY UP TO .50%. REWARDS | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
Antotena
|
|
March 01, 2024, 07:34:44 PM |
|
I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts. Today everyone is praising him for for holding firm. Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
I remember when El Salvador adoption was ridicule and Microstrategy Micheal Saylor was struggling to impress people on the TV show of his Bitcoin adoption but look at it today, they are now sitting on billions of profits and Bitcoin halving is not here yet and the bull run is yet to started. If bull run comes and Bitcoin made it to another all time high, they will profit heavily on their investment like no any other investment can give them such kind of return on investment. My only worry is what is going to happen with the bitcoin they have bought and invest in. Nobody continue to invest forever, a point of sale will come and Bitcoin market is very reactive to when investors want to sell their Bitcoin. However, if the continued to hold, it will help the market in the long run.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | | | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
alankasman
|
|
March 01, 2024, 07:42:48 PM |
|
From a positive point of view, Bukele is a great president. His silence towards criticism that came from those who considered him based on negative assumptions was refuted by action, not by issuing a statement of defense, either by himself directly or from his ministers, using all his powers, including all the media. His principles and actions can be an example for other leaders in running a country with concepts that are in line with the mission for the progress of the country in many fields. For us, the most prominent areas are the level of security (crime) and the economy (investment).
|
| Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | Available in EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
someone703
Full Member
Offline
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
|
|
March 01, 2024, 07:43:52 PM |
|
The recent surge in the price of Bitcoin has brought renewed attention to El Salvador's controversial decision to adopt it as legal tender in 2021. While the potential for significant profit is undeniable, as evidenced by the country's reported gains, it's crucial to approach this situation with a balanced and nuanced perspective.
If Bitcoin's value continues to appreciate, El Salvador could see a substantial financial windfall. These profits could be directed towards crucial areas like infrastructure development, social programs, and public services, potentially leading to improved living standards for its citizens. Bitcoin's decentralized nature could offer individuals without access to traditional banking systems a pathway to financial inclusion. This could have a significant positive impact on a nation like El Salvador, where a portion of the population remains unbanked. Bitcoin's price is notoriously volatile, experiencing significant fluctuations. This inherent risk could lead to substantial financial losses for El Salvador if the price plummets.
El Salvador's experiment with Bitcoin as legal tender represents a bold and innovative approach to economic development. It's a calculated gamble with the potential for substantial rewards, but one that also carries inherent risks. Observing and evaluating the long-term consequences of this decision will be crucial for other nations contemplating similar paths and for understanding the broader implications of widespread crypto adoption within national economies.
|
|
|
|
eightdots
|
|
March 01, 2024, 07:44:27 PM |
|
I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts. Today everyone is praising him for for holding firm. Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
I remember when El Salvador adoption was ridicule and Microstrategy Micheal Saylor was struggling to impress people on the TV show of his Bitcoin adoption but look at it today, they are now sitting on billions of profits and Bitcoin halving is not here yet and the bull run is yet to started. If bull run comes and Bitcoin made it to another all time high, they will profit heavily on their investment like no any other investment can give them such kind of return on investment. My only worry is what is going to happen with the bitcoin they have bought and invest in. Nobody continue to invest forever, a point of sale will come and Bitcoin market is very reactive to when investors want to sell their Bitcoin. However, if the continued to hold, it will help the market in the long run. People can now praise things they used to criticize. Investing is risky, but those who take this risk can achieve their goals. These people, who were criticized by many people, are now praised by many people with the earnings they have achieved. Bitcoin has proven itself many times. Even though this is known, I have always found the criticisms against people investing in Bitcoin unfair. Bitcoin does not mislead people who invest in Bitcoin and enables them to achieve their goals. Bitcoin proves itself once again and continues to prove its investors and those who trust Bitcoine right.
|
|
|
|
Lida93 (OP)
|
|
March 01, 2024, 08:53:21 PM |
|
I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts. Today everyone is praising him for for holding firm. Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
I remember when El Salvador adoption was ridicule and Microstrategy Micheal Saylor was struggling to impress people on the TV show of his Bitcoin adoption but look at it today, they are now sitting on billions of profits and Bitcoin halving is not here yet and the bull run is yet to started. If bull run comes and Bitcoin made it to another all time high, they will profit heavily on their investment like no any other investment can give them such kind of return on investment. My only worry is what is going to happen with the bitcoin they have bought and invest in. Nobody continue to invest forever, a point of sale will come and Bitcoin market is very reactive to when investors want to sell their Bitcoin. However, if the continued to hold, it will help the market in the long run. Bitcoin has proven itself many times. Even though this is known, I have always found the criticisms against people investing in Bitcoin unfair. Bitcoin does not mislead people who invest in Bitcoin and enables them to achieve their goals. Bitcoin proves itself once again and continues to prove its investors and those who trust Bitcoine right. I think not that most of these critics against bitcoin investors are unaware of the historical pasts about how bitcoin has at different moment's proven itself as a digital currency to bank on and hodl but it's just that they fear the power of bitcoin as a decentralized currency taking away that centralized authority and regulatory power from them (making them irrelevant) and giving it to the people to take charge of their finances and, with the privacy it provides they fear to lose the monitoring influence/access they possess to be taken away from them and for that they just wan t to use every propaganda within their reach to discourage a rapid adoption to bitcoin. It's a simple logic for us who are looking inwardly to understand these things.
|
|
|
|
The Cryptovator
Legendary
Offline
Activity: 2352
Merit: 2209
Crypto Casino and Sportsbook
|
|
March 01, 2024, 09:13:07 PM |
|
I know everyone, including me, will give credit to Bukele since he is in profit. But when he was at a loss, we talked a lot and judged him in many ways. But it's good to see he wasn't scared, and still he is holding the bags. A lot of people, even me, missed Bitcoin in the $16K zone, and I don't think we will ever see Bitcoin at that price again. Doesn't mean I don't trade; I bought and sold a couple of times to take advantage of the volatility but failed to catch the long run. Bitcoin actually proves a lot of times that holders don't regret it eventually.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
Rengga Jati
|
|
March 01, 2024, 09:54:29 PM |
|
Today I read about the news of El Salvador bitcoin hodling investment yielding about 40% profit and i had to imagine that 40% in figures in contrast to the amount of dollars El Salvador hold in BTC. But nevertheless, this is not the main issue I wish to focus on in this thread, I just want to divert a little.
The power of HODL And in fact, while many countries at that time were moving away from Bitcoin because the price continued to fall drastically in the lead up to and during the bearish era, El Salvador became a country that became even more enthusiastic about promoting Bitcoin and buying it in very large amounts at that time. Even though there has been a lot of debate, at least El Salvador really understands the key investment of Bitcoin, HODLING. And now, they are just waiting for the time to do it until a certain target. They understand exactly what they are going to do and are doing. And this can really be one of our considerations when we want to invest more in Bitcoin. Just hold, keep patient, and never panic when holding Bitcoin.
|
|
|
|
famososMuertos
Legendary
Offline
Activity: 1862
Merit: 2969
LE ☮︎ Halving es la purga
|
|
March 02, 2024, 05:46:35 PM |
|
...//. Investors will profit during a bull market even if the price falls.
Well, we must always delimit and rely on a discourse that is in line with realities, because although we are there on the cusp of a new ATH, three long years have passed, so what you mention in the quote has its parameterization.
|
|
|
|
dzungmobile
Sr. Member
Offline
Activity: 840
Merit: 422
I stand with Ukraine!
|
|
March 02, 2024, 09:28:23 PM |
|
The power of HODL And in fact, while many countries at that time were moving away from Bitcoin because the price continued to fall drastically in the lead up to and during the bearish era, El Salvador became a country that became even more enthusiastic about promoting Bitcoin and buying it in very large amounts at that time. Even though there has been a lot of debate, at least El Salvador really understands the key investment of Bitcoin, HODLING. And now, they are just waiting for the time to do it until a certain target. They understand exactly what they are going to do and are doing. And this can really be one of our considerations when we want to invest more in Bitcoin. Just hold, keep patient, and never panic when holding Bitcoin.
See two big examples for power of HODL Bitcoin. https://saylortracker.com/https://nayibtracker.com/They are getting good profits by investing and hodling Bitcoin. MicroStrategy gets $5.5B and El Salvador gets $55.5M with their Bitcoin investments. They started their investments in Bitcoin since 2020 (MicroStrategy) and 2021 (El Salvador). You can use DCA website tools to see the power of HODL with longer hodling time. https://dcabtc.com/Or with the ROI chart. https://casebitcoin.com/charts#roi_chart
|
|
|
|
stadus
Legendary
Offline
Activity: 3220
Merit: 1303
Hhampuz for Campaign management
|
|
March 02, 2024, 09:44:52 PM |
|
One of the person whom I know that face criticism was Bukele the president of El Salvador. Upon all the criticisms the guy didn't give up and continue to strengthen the coin in the country till now. I have also been looking for the latest development of El Salvador economic with bitcoin in the country and I discovered that they are doing well though the number of people using the coin is not much as that but after this all time high then the crusaders will also join the investment of bitcoin and propagate the movement to other countries.
Even though Bukele adopt the use of bitcoin in the country, he didn't remove the El Salvador currency for bitcoin but he uses the two alongside.
Their official currency is still USD, bitcoin is only considered a reserved currency. But if they want to buy or sell using bitcoin as a currency, the state is allowing it as well. It’s just that Bukele is a silent investor in bitcoin and he uses his power to introduce bitcoin to his country and later on adopted it. Although bitcoin never receive appreciation in the start, but I think seeing how rapid the price growth of bitcoin, people have learned to love bitcoin not just as a currency but a profitable tool for investment as well.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
taufik123
Legendary
Offline
Activity: 2646
Merit: 1808
Rollbit.com | Crypto Futures
|
|
March 02, 2024, 09:55:10 PM |
|
This is because of their consistency to keep buying when prices get cheaper. The most obvious example that I followed from the beginning was that El Salvador always confidently bought Bitcoin, even though many people said that El Salvador would lose money because they were buying too much at high prices. But in reality, El Salvador continues to buy at any price consistently. It's been a long-term investment led by Nayip, so look how now, El Salvador has tremendous profits from its Bitcoin investment. Other countries seem to have to follow El Salvador's lead. The power of HODL in investment combined with DCA will have a tremendous effect.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
|