El Salvador president addresses bear market concerns with Bitcoin hopium

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

You might be worried about your Bitcoin investments during the bear market. President Nayib Bukele has some advice for you: 'stop looking at the graph and enjoy life.'

Patience is the key.In his tweet, Bukele advised fellow investors to “stop looking at the graph and enjoy life.” He reassured investors about an inevitable comeback, stating that:

“If you invested in #BTC your investment is safe and its value will immensely grow after the bear market. Patience is the key.” The advice received mixed reactions from the community as many pointed out the fact that El Salvador procured most of its BTC at a much higher price than the current market value. While critics expect BTC and other cryptocurrencies to continue on the downward trend,Some of the popular suggestions to Bukele from the crypto community amid the bear market include launching the Bitcoin Bonds.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How can you stop looking at graph and enjoy life,Unless it is some bodies hard earned money you are playing with

We not using taxpayer's money to invest tho.

nayibbukele is our Bitcoin captain

Finally gave it a try, works great

yeah with other people‘s money

Did he tell that also to his people? What was their reaction?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines