You are speaking in gobbledy-gook. Whether we are talking about an individual, an institution or a government, there are going to be similar principles that involve considering how much income should be used on expenses versus investing, and in there can also be questions regarding how to use debt in terms of investing. Of course, a government's expenses is going to have overlap with investing because some of the expenses that a government has might not be considered to be consumption but various choices regarding how to invest whether it is in infrastructure or in people based services, crime prevention or even attracting investments into the country.
You likely do not have any fucking clue in regards to the various balances that El Salvador is making and the extent to which you seem to be presuming that its maintaining investments in bitcoin amounts to some kind of overextension of its resources or if it is putting its finances in some kind of peril based on the kind of investment that bitcoin is.
In 2021, they already committed to going down the bitcoin road and so it seems logical that they would continue to go down such road especially during times like these in which their BTC holdings are in profits rather than being in the negative, and many of us already know that the first 4 years investing in bitcoin can result in some questionable price performance, and there are many of us who have taken a whole 4 year cycle to clearly get into profits, and those bitcoin holders who sold as soon as they got into profits frequently tended to regret such short-sighted decisions, and so it is good that El Salvador is not inclined to listen to your dumbass and seemingly ill-informed advise..
And maybe you need to talk a bit more about your own personal relations to bitcoin rather than trying to advise El Salvador what they should do when they are likely in a way better financial situation than you likely are if you cannot even seem to recognize the value of holding and accumulating bitcoin during times like these.
You have been registered on the forum since November 2015, and so you should be in really great BTC profits by now, no?
Just think about it, if you had been investing $100 per week into bitcoin since your forum registration date, you would have had invested $43.6, and you would have accumulated nearly 17.1 BTC (currently valued at right around $1.15 million, which surely would not be a bad place to be. Have you been able to match or exceed those kinds of investment results with your system of investing, so that you are able to advise Bukele about your own secret investment approach and strategies that is able to supposedly outperform a straight-forward and basic DCA investment into BTC?
Wake the fuck up Dunamisx. The BTC market is currently not bearish, so maybe you should figure out how to describe where we are at. We had an ATH of $73,794 two days go, and currently the BTC price is bouncing around $66.5k, with a local low of $65,569 (about 11.1111% from the top). ..
Average trade weighted volume for today is still within the top 10 of all time highs.. so how the fuck is that bearish?
I largely agree with your other points - except drop your bullshit bear talking points when no bear exists (yet)..
We been in a bullish trend for the last 16 months.. and yeah, maybe it was not really clear until about October 2023 (5 months ago that we were in a bullish trend) but nonetheless, it is misleading to talk about BTC as if it switches back and forth on a whim - even though sometimes it is not clear if we are in a bear or a bull market, but clearly even from your comment, you are assessing that we are in a bull market, but merely a correction, so why use bull and bear terms to describe short term changes in momentum.. ..
yeah, there sometimes can be differences of opinion in regards to calling if the trend has actually changed. .or there can be bear or bull fake outs, and surely the term bear and bull can be used to describe those pushing for up or those pushing for down, but the overall trend does not flip flop from bull to bear to bull to bear so easily, even though a lot of people (perhaps traders) make those kinds of assessments.. and fuck traders.. an overwhelming majority of people getting involved in bitcoin would be better off, as you suggest by largely buying and holding rather than trading these kinds of price moves.. .. DCA and buying on the dip and things that involve BTC accumulation and HODL rather than selling.. so your assessment seems to be right about those points.
Anyways, there is no point trying to spoon feed anyone about the the advantages of holding bitcoin for long term, since we have seen from past records already how bitcoin have made several significant moves and recorded alot of positive price benchmark each time.
Surely many weak hands can get shaken during times like these, and part of the problem of getting the BTC price to move down could end up causing the bears to lose a lot of their coins in these kinds of attempts to either keep the BTC price down or to cause it to go down further with the assistance of weak hands to help them to get the price to go down and to stay down as long as is possible so the bears can buy their coins back.. so yeah most of the longer time hodlers realize that these are times to either HODL through the situation or to buy more.
That is why you are most likely a no coiner or a low coiner, poor and not very smart when it comes to knowing what is dee cornz, even though you have been registered on the forum for about 8.5 years and you could have been right around 24x profits with the employment of a relatively straight-forward DCA investment approach to this here greatest wealth transfer in history phenomena, aka dee cornz.
No coiners and low coiners like you tend to be bitter about how little profits that you have been able to skim off of bitcoin over the years because you cannot figure out when to be in bitcoin and when to be out of bitcoin (hint, hint, it is almost always better to stay in bitcoin rather than screwing around with trying to time when to be in or out) and you consider a mere raking of 50% profits to be something that any smart person (about bitcoin) would actually actualize in times like this...
At best, you sound lost.. and most likely you sound disingenuine to be coming into this thread and acting like you are smart or something and suggesting that times like these are for selling dee cornz..