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420 more bitcoins - and the investment is already profitable
The President of El Salvador did it again. As a good Bitcoin maximist, the drop in prices was not afraid, and instead of complaining or tweeting that his treasure coin went to 0 $, he only bought Bitcoin, many Bitcoin. In a tweet that was shared a few hours ago, Nayib Bukele announced that he bought the DIP. The purchase of the DIP is an expression that relates to use a bear market to buy a cheap asset during the crash and then wait for benefit as soon as the prices recover. The President of El ...
420 more bitcoins - and the investment is already profitable
The President of El Salvador did it again. As a good Bitcoin maximist, the drop in prices was not afraid, and instead of complaining or tweeting that his treasure coin went to 0 $, he only bought Bitcoin, many Bitcoin.
In a tweet that was shared a few hours ago, Nayib Bukele announced that he bought the dip. The purchase of the DIP is an expression that relates to use a bear market to buy a cheap asset during the crash and then to wait as soon as the prices recover.
The President of El Salvador said that he bought 420 more Bitcoin-a meme number associated with the Marihuana community-in another of his many jokes, as to name himself emperor in his country, laser and tweet with hashtags, which are allocated to the most important cryptocurrency in the crypto world.
it was a long waiting time, but it was worth it.
We just bought the dip!
420 new #bitcoin 🇸🇻
- nayib bukele 🇸🇻 (@nayibbukele) 27. October 2021
a profitable investment
There is no way to check the government's wallet, and Bukele did not provide any information about the TXID of the transaction. But the investment already seems to be paid out. Almost an hour after the announcement, the President of El Salvador already browned with the return of his investment.
hahaha, we already make #bitcoin We just bought.
- Nayib Bukele 🇸🇻 (@nayibbukele) 27. October 2021
If so, Bukele would have shown the perfect timing by really buying the dip of the dip. In a later tweet, he adds that all of this is due to a new weighting of the accounts in the country's Bitcoin trust, which enables it to pay off in USD when the Bitcoin price increases.
This realignment made it possible for him to benefit from rising prices to finance public work. Recently, Bukele terminated the construction of a Large animal scratch house which would be paid for with the money from the winnings of the Bitcoin Trust.
El Salvador now has 1120 BTC
despite all the controversyDespite his authoritarian practices, Nayib Bukele is probably the most popular president of the Bitcoiner community and also his nocoiser. Bukele is often called by maximumists such as Anthony Pompliano or Michael Saylor, and surveys give him an approval of over 80 %, according to data from more than a dozen different surveys, including Cid Gallup ,
