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Author Topic: Buying more of the Dip  (Read 307 times)
Saucemann (OP)
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April 18, 2024, 09:36:08 AM
 #1

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?
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April 18, 2024, 09:40:29 AM
 #2

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

Well, good for them I suppose. Currently, I still prefer buying altcoins. That's a dip, but it doesn't feel like BTC is cheap now, when I was buying it below $20,000 last year. I'm not saying that it's a bad idea to buy it now, but I chose another path.
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April 18, 2024, 10:20:19 AM
 #3

Right now Bitcoin is a golden opportunity. El Salvador is making full use of this opportunity, you will see that they have achieved great things in the future. Those who buy bitcoins now and hold them for a long time can grow their wealth by 3X or 4X in the future. The country of El Salvador will advance much in terms of economy in the future. Because they already own enough bitcoins and in the future when the price of bitcoins skyrocket they will be much bigger financially. You can invest now if you want. Investing in Bitcoin right now means your future is bright.

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April 18, 2024, 10:34:59 AM
 #4

While you are scared, El Salvador keeps buying the dip every day.


It is quite interesting and intriguing if you will to see how a country operates now that they have announced bitcoin to be their legal tender. This definitely helps bitcoin’s credibility and legitimacy.

Like you said this bold action is proof that we should have confidence in bitcoin because if a literal country is doing all this then shouldn’t we too?

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April 18, 2024, 12:18:57 PM
 #5

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?
They're not the only one that keeps on buying everyday if that's true. I'm more fascinated with how Microstrategy and BlackRock does.
It seems that these two giants are having a contest on who's going to have more bitcoins at the end of the day.
But that does sound good right? and at the same time, quite scary as they are having more of it, means that they're more influential to the market then.


.SWG.io.













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April 18, 2024, 04:12:52 PM
 #6

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

There are no reason not to believe bitcoin and crypto currencies would keep rising like they always had been and keep breaking past All time high to create a new one.
Specially when there are a large amount of coins frozen by institutional investors and a sharp growth in interest in crypto.
I don't want to create a FOMO but in my opinion, you are going to lose a lot if you don't hold crypto in near future. If you don't have or want to increase your stock, the current dip could be the best time as we might never see this price again.


.SWG.io.













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April 18, 2024, 05:09:58 PM
 #7

He is collecting Bitcoin very wisely but I think that everyone cannot afford to buy bitcoin like him and as Bitcoin is in decreased price so the altcoins are also in dip so if someone cannot buy Bitcoin then it is necessary that he should hold some potential altcoins as price is affordable and everyone who will buy now will be profitable in coming months.

Bitcoin is lower in worth and is a better chance to buy and hold Bitcoin but one should use his own money for such a purpose because using cash of daily requirements or borrowed money can put you at risk. One can buy Bitcoin now because the market is already down so take advantage of the current dumping and sell after the halving pump every coin.



 

 

 

 

 

 


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April 18, 2024, 05:14:28 PM
 #8

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?
So the current own of El Salvador is 5700 bitcoin. Impressive that a country is really dedicated on what they started. Will the next line up of Presidency will continue what the current management doing? What if someone elected and his anti crypto would be a terrible idea if he gonna order a massive sell of but I doubt that this will happened cause for sure people there like the system on their country, not surr though just a clever hunch.

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April 18, 2024, 05:26:08 PM
 #9


nice it's now 5,700!  a small country like El Salvador somehow educated its people into learning BTC while other countries are still battling against drugs. Bukele has been known to buy the dip though. he'd been criticised for adopting BTC i guess people who did that will finally see the point of what he is doing. because BTC also saves the country in political conflict.

personally i'm not buying the dip. i still can smell more conflict that might affect investments including BTC price.









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April 18, 2024, 06:07:57 PM
 #10

It is glad to see that El-salvador took the risk by adopting Bitcoin as legal tender and now is the time that they will harvest the benefits of this bold decision. While it is evident and understandable that cryptocurrencies market is likely to continue growing in coming months and years, given the increasing institutional interest ,huge technological  advancement and innovation is taking place in various sectors of crypto landscape. Nevertheless, it is crucial to note that past performance is not necessarily repeated, it is not guarantee of future performance, therefore always take an informed decision when it comes to investing in digital assets in view of your risk tolerance level and financial situation.









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April 18, 2024, 06:53:38 PM
 #11

The President of El Salvador has planned in advance to buy bitcoin every day 1 BTC, so this is the only head of state who is consistent with bitcoin, some even say that if bitcoin increases many times it will become the richest country.

Not only Bitget is organizing bitcoin halving other platforms are also the same by giving prizes if they enter the contest, this has become a 4-year event where more will celebrate this halving carnival.

Just waiting for 184 blocks! again according to Mempool. Wink

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April 18, 2024, 07:30:19 PM
 #12

Op I think this your thread is well suited in the speculation board. And you can't compare El Salvador with individual investors who are struggling to acquire some bitcoin to their portfolio but El Salvador as a country uses the country resources to buy bitcoin so you can bring what Nayib Bukele the president of El Salvador does in the country to buy bitcoin wit another individual because the sources of income are different. And as you said, this is the best time buy bitcoin but if the person has more but it there is no money then then he or she will be just looking at the present price.

The halving is left with 181 blocks to go and that means tomorrow will be the beginning of the halving and it is the best time to buy bitcoin









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April 18, 2024, 07:34:22 PM
 #13

What else can a crypto investor do in such a situation? The halving is at the door, and the historical chart shows this is the expected correction that has been happening since the first halving period. Those who can tighten their nerve in this current situation and hold their spot position will see good positive ROI in their portfolio. The whole market will be volatile and confused for the next few weeks, and this is the golden opportunity to buy more if someone didn't already. Most of the project has already crashed to 60% so if you are not positive right now, i am not sure when you will be!









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April 18, 2024, 11:13:39 PM
 #14

The crypto market is broad, we can be hitting harder than exepcted, doesn't belong to everyone, we're here for simplicity, knowing how to spot and stock our portfolio. Dip is very important, I see them as golden opportunities to grab projects at cheaper values, atleast they will be more stable for us I'm the market. Don't relent, always stick to buying the dip and knowing the worth of every single assets in the market. We're here to accumulate solid holdings on promising projects and not based on some random decisions.

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
●          Mars, here we come!          ●
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April 18, 2024, 11:17:40 PM
 #15

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

Smart money makes more money.  Traditionally over the life of bitcoin anytime you buy the dip you have been rewarded.  The major bullrun won't be seen for awhile so why not build up your stack while you wait.  As the old saying goes buy low and when people are worried and sell high or when people are greedy.

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April 19, 2024, 06:44:25 AM
 #16

While you are scared, El Salvador keeps buying the dip every day.


It is quite interesting and intriguing if you will to see how a country operates now that they have announced bitcoin to be their legal tender. This definitely helps bitcoin’s credibility and legitimacy.

Like you said this bold action is proof that we should have confidence in bitcoin because if a literal country is doing all this then shouldn’t we too?
El Salvador, Bitcoin adoption should send a message to countries that still ban it, they should understand that Bitcoin is an investment that is a store of value, and they should remove all the unnecessary stigmas that they attach to it, because the crypto has proven that it has the potentials to keep increasing in price and making the holders richer. I encourage any investor that has the money to buy Bitcoin, in this dip, not to hesitate because bull run will start after halving, and price will begin to surge.

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April 19, 2024, 07:33:57 AM
 #17

El Salvador, Bitcoin adoption should send a message to countries that still ban it, they should understand that Bitcoin is an investment that is a store of value, and they should remove all the unnecessary stigmas that they attach to it, because the crypto has proven that it has the potentials to keep increasing in price and making the holders richer. I encourage any investor that has the money to buy Bitcoin, in this dip, not to hesitate because bull run will start after halving, and price will begin to surge.
There is not need for this, outcomes themselves will force those countries to take back their bans, this will happen because if one country bans bitcoin and they see that a neighbor country in which this did not happen begins to prosper and attracts foreign investment, just because of their favorable posture towards bitcoin, at some point those same politicians that banned bitcoin to begin with will not be able to ignore such benefits, and they will reverse their decision and make bitcoin legal to hold and to trade.
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April 19, 2024, 07:35:00 AM
 #18

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

The original concept in trading is to buy at low and sell at high, which is what El Salvador is doing now. I do not know what the long-term benefit of holding Bitcoin will be to that country as it is still in its initial days. They are the only country in the world trying to improve their economic condition by holding Bitcoin and declaring it as one of their legal tender. A country's economy function on various factors and becoming completely dependent on Bitcoin might not be a good idea.

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April 19, 2024, 07:43:14 AM
 #19

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

They can accumulate all they want. Majority of their citizens aren't using BTC...
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April 19, 2024, 08:10:47 AM
 #20

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

The confidence of El Salvador leader is really great since we see that he is not backing off on series of correction happens which it can discourage some people since they think they lose once there balances got decrease in value. This really means that El Salvador government knows what they are doing that's why they keep accumulating despite of many challenges happening in this space.

For sure they can see the fruit of the labor they made and trust for bitcoin since there's huge potential for this coin to pump more. I believe this is what El Salvador leader think and he strongly believe on it that's why we can see them accumulating despite of many controversy thrown and discouragement. If El Salvador will became a successful country and they earn a lot of money on their bitcoin investment for sure this will trigger the other countries interest to follow what they do.

R


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