Topic: El Salvador Nayib Bukele Portfolio Tracker (Read 328 times)

See the portolio of El Salvador.
Their nation has some big changes for money from abroad like remove income tax.


Nayib is a legendary national leader by his decision to invest in Bitcoin and some big decisions for his national policy changes.

Maybe, maybe not, actually a few months ago I realized that most of the traffic came from the USA and there is no USA local board here so I kind of doubt that there are any American spies here hahaha. Well, fun aside, that's because most people might use proxies, VPN, and Tor browsers and the location might be of USA that's why but still it's a question of why there is no USA local board here.

And to be honest, I realized how much power America has even in the digital finance world (cryptocurrency) which I accepted after seeing CZ arrest and given a fine of $4 Billion (that's not a small amount). The USA really has connections to make other entities bend on their knees.

And yeah, these are not FUD instead a warning for everyone and an indicator for investors and traders to take benefit of this information to buy more or take entries. Overall, this USA involvement in crypto has made him the next China but China was banning crypto over and over again while the USA is doing it the other way, the way in which they can earn too. haha.

Not only has El Salvador legalized Bitcoin as legal tender, it has also given its people many advantages in terms of using Bitcoin without any fees. And gas fees are completely free, which is why the people of El Salvador are interested in using Bitcoin. Later he also succeeded in producing energy, Vulcano Energy, and thousands of workers are working here. This volcanic energy has brought many benefits to the people of El Salvador that are still benefiting today, and are likely to benefit even more in the future. In particular, the president of El Salvador is buying an average of one bitcoin per day following the DCA method. Because the bitcoin purchased in the present will protect this bitcoin el salvador from the effects of future economic storms.

Are there any Americans as spies here? lol. This is also a big dilemma for me and maybe some holders who are in line with what I think, try to relate it to the case of Mt. Gox is still just a promise that customers' BTC assets will be distributed, not to mention parties who hold Mt. crypto assets. Gox is currently America? Japan? America's confiscated assets and the BTC owned by America are still not clearly known, of course we all have to be aware of this. Of course there will be a time when these BTC assets will be sold simultaneously and on a large scale. This is not FUD, it just makes you aware that bad things can happen to any asset. I remember someone saying that Bitcoin can go down to $0 and then go up again 😅

It is what it is, and maybe that's why they have a big impact on the BTC market, the huge selling of seized BTC by USA can create a little bit of a dip but if combined with the ETF proposal's rejection then it will create a big dip before halving that's why my finger is still closed. Talking about the way they doing democracy is just the name of the show while they are doing something else in the show.

And the funny thing is there is no US local community on this forum AFAIK.

I did not read other people's replies, so I didn't realize that they were criticizing, but that doesn't matter. I used to say here that this is an international platform where every person has the freedom of speech and different ideas. As a matter of fact, I did not know how much BTC El Salvador has, because when I searched on Google, it says it has around 3,800+ BTC, while on the website you provided, it says around 3,110, so I don't know for sure who is wrong, but the graph makes some sense, and I will also suggest the same.

The funny thing is, a few of the members must be criticizing you by following others, they might also have come to know about this website now.

Oh, Ok, actually, I said I did not find any website like this before, because websites like these need SEO strategies to appear at the top while relevant searches are made. That's why I did not find it. It still has less traffic and Talking about your other post about MS, I found the other link about MicroStrategy on the same page; the link is provided at the top right corner of the graph, so I directed to the website from there. I also saw your post, but I did not make a post there because I thought it wouldn't need a reply as I had already been here.

Confiscation is democracy too 🤣 sorry this is just a joke. This is what is unique about America, they quietly and do not announce their Bitcoin holdings surprisingly have a lot of Bitcoin reserves. Even without DCA, America was able to achieve large profits in the BTC sector. This could also cause concern, if suddenly they sold Bitcoin and caused market panic, wouldn't this affect El Salvador? even other countries that store and legalize Bitcoin.

They have obtained a lot, I have talked on this topic a few times before, and I think I know their way, first, they allow a new or old reputed company (crypto-related) to set up their business in the US maybe help them with the loan, then when they launch their product (token) they, of course, have a lot of BTC like the in my following post and then they seize them.
They are seizing that much BTC and El-Salvador only has 3,110 BTC. I mean it looks like a joke that a country that adopted BTC as a legal tender has only a slice of BTC not even a slice atom of it while the USA who don't even accept BTC as a legal tender and manipulated the market in a way that no one would have predicted, have that much BTC just by seizing them from platforms.

Just like they don't have oil reserves in their lands but acquired a great amount of oil I need not mention how they accumulated that much-reserved oil even though they do have not that much natural oil, no doubt import and export a way but what about countries which they invaded by the name of democracy and etc.

This is the first time I am hearing of a tracker to watch El Salvador’s bitcoin portfolio. It is a nice one and it will give insight to its people to know how much they have own in Bitcoin since this is a nation’s fund and not an individual fund.

I am also surprised to see that big investors like this are using the DCA method to stack some bitcoins into their portfolio, I assume they will just lump sum and buy the amount they want at once. The only way this is happening might be that they’re using the country’s reserve to buy these bitcoins.

There is no doubt that institutional investors have a lot of resources and tools, so they might not prefer DCA as DCA needs no high knowledge or strategies, but MicroStrategy has accumulated BTC over a long period of time and bought BTC after an unequal interval of time, which in a way doesn't represent DCA because in DCA we used to say we invest after an equal interval of time, even if the time is not equal to the amount that we invest.

The point is that DCA is still a profitable technique, even though the CEO of Binance (CZ) made a post on X when MS bought BTC last time that DCA really paid off. At that time, I did not realize how much profit MS was making, but 1 billion is like a lot. And talking about El Salvador, they adopted the BTC at the wrong time, like when the market was already hyped and the bear market was nearing a start. They should have waited a little longer, but who knows what emergency they were in other than financial problems?

That's really useful data, thanks! I like how everything is put together, including the price at the time of purchase, current value, and profit/deficit. It's unfortunate that the total is down by almost 10% (which is more than 12 million dollars), but I'm confident that it will all be up eventually.
It's also worth noting that while El Salvador is trying to be Bitcoin-friendly, they're not investing too much in Bitcoin, clearly. They've invested under $130 million, with an annual GDP of $30 billion, so it's less than 0.5% of annual GDP over the course of 2 years. I'd say it means they're playing it super-safe.

President of El Salvador, Nayeb Bukele, has depended on the potential of Bitcoin, by which he announced to buy 1 Bitcoin per day through DCA strategy. If the country collected bitcoins daily as per his announcement then their current holdings would be 2748 bitcoins today. But whether they are actually buying bitcoins on a daily basis is yet to be confirmed. They are gradually able to reduce their losses and because of their long-term investment, they will be able to turn their bitcoins into large assets. Provably new announcements will likely come after the election of 2024.

He purchased 2381 Bitcoins for the country and at that time each Bitcoin was purchased at $44300 and later when the Bitcoin price dropped to $19000 the country was at a loss of around $60 million. Currently Bitcoin price is slowly increasing and it is believed that the country will turn to profit through Bitcoin even after recovering all the losses. Bukili's visionary plan for Bitcoin was definitely right especially for those who believe in Bitcoin.

However, Nayib Bukele's decision to accept Bitcoin as legal tender was considered risky by the IMF and repeatedly warned. With the passage of time, Bukele's decission will be proved to be correct. Since Bukele has announced his candidacy for the 2024 elections, hopefully he will be able to re-assure the public about the success of Bitcoin investments after he is re-elected.

It's quite funny, isn't it?
On this forum we always demand a message signed to prove something, we demand to see actual reserves from exchanges, and so on, but when it comes to Bukele, it's trust me bruh!
We have no proof of
- him buying even on BTC
- Salvador having even one BTC in its possession
- One actual miner mining stuff with his miracle 200MW well and Bitcoin farm
- One penny is his Bitcoin Bonds which would be enouhg to build a 5 billion city

But everyone takes whatever this guy tweets for granted, the whole thing of "don't trust, verify" is lost here.

Thank you. Glad to know it is helpful for you all. Some people think they knew everything.


No. It is not my website.

The team or a person behind the website builds one more for Michael Saylor ⚡ (MicroStrategy) Portfolio Tracker with similar information and interface and I included the link in OP too.

I agree but audit companies are fearful to do it for cryptocurrency exchanges at least now. At governmental level, I doubt that they will sign any contract with audit company to do it for them.

We will know the truth when El Salvador get profit from Bitcoin investment to improve their national financial treasury or they announce to bankrupt with Nayib Bukele investment decision for the nation.

Don't mind the criticism, it's a good thread. Although El Salvador's Bitcoin amount is memorized by many people I've never heard of the sites you mentioned before. There are also countries that have more Bitcoin than them. However, El Salvador is a special case. I hope their averages will go down and they will be in the profit zone soon. We know they're thinking long term, so the current net loss outlook isn't very important.

https://twitter.com/nayibbukele/status/1593113857261965312

Exactly 1 year has passed since this tweet. I wonder what the latest situation is? Do they still continue to buy 1 Bitcoin per day? It would be nice if a new announcement came from Bukele.

El Salvador didn't purchase all their Bitcoin below $20k. The country bought its first 200BTC at roughly $52k per coin in September 2021. El Salvador will be owning about 2,381 based on the president's statements which will put the average price of each coin at about $44k. So the country has not made any profit from their holding they are even losing close to $60m. Hopefully, the country will be able to make some profit next year and the world will see how nations could benefit from Bitcoin investment.


Politically Nayib Bukele has not fared well. He has silenced opposition and even arm-twisted the legislature to amend the constitution to enable him to re-contest for presidential elections which was unconstitutional. The purchase of Bitcoin is just announced on Twitter and public statements with there is no further proof of such a transaction or a public government record and nobody will ever dare question the Commander in Chief.

We don't need to track the portfolio of Nayib Bukele, President of El Salvador, or Michael Saylor, President of MicroStrategy, to know the importance of DCA. Although tracking it has a significant positive impact on the Bitcoin market in general.

I respect these two people (Nayib Bukele and Michael Saylor) because they believe in adopting Bitcoin practically and theoretically and apply this belief on the ground with all sincerity. We need this type of influential people who believe strongly in adopting Bitcoin until we reach that day when we will witness global adoption. For Bitcoin.

Since first time Bitcoin have official announced as legal tender payment transaction in El Savador and right now they raised more than ₿3112 in their wallet, looks excited with consistency of El Savador president keep accumulate bitcoin every day what ever price drop or not but their commitment keep accumulate bitcoin. I don't think its personal fund from El Savador president Nayib Bukele despite he has much money but its looks fund source from their country fund.

El Savador president typical with long term investment, regarding they have accumulated bitcoin under $20k but not excited for selling bitcoin right now almost reach x2 profitable. Regarding its trues source or not but I think El Savador have many bitcoin due tourism coming there use bitcoin as payment transaction and looks many private wallet in El Savador hold many bitcoin fund.

When it comes to this, I am very curious about how much American Bitcoin has been obtained from illegal activities or from legal methods that they have purchased so far. We know of many big cases that resulted in Bitcoin being confiscated by the American government. They even auctioned off the Bitcoins, right?

why do people assume that the bitcoin portfolio is nayib bukele's personal ownership? even though he used his country's money to invest in it, he only acted as an executive who passed the idea and that's it, the money to buy it still used el salvador's money.

and i think there is nothing special about his portfolio, considering that these investments are made regularly using state money. however, i admit that this website is quite helpful for those who want to know how much bitcoin el salvador currently holds and how much profit they have managed to make.

It is not wise for a country that has a good number of employees and resources to determine the best time to invest to adopt a trading strategy used by inexperienced beginners. DCA is a great strategy because it does not require a lot of effort and research, but it is not the most profitable for those who want to invest institutionally, and you will be able to employ some economic experts who may give price predictions that have a good amount of credibility, especially since we are talking about long-term trading.
The El Salvador experience was not ideal for those who needed a lot to succeed, but they took the first step

The truth is that we don’t really know just how real El Salvador’s bitcoin stash is, and what’s worse, the Salvadorians don’t seem to know either due to the lack of transparency, leading the population to have to take a set of Tweets as a reference.

People have to take a leap of faith and believe that those bitcoins were really bought (not just Tweeted), that the purchase of 1 BTC per days is still a thing (no news on that front for months on end), that they have not made any sales in between, and that it’s all kept somehow in a secure manner.

That's a helpful tool you have shared with us. I was not aware of it, as in the past I was in search of such a tool but did not find any. Thanks to you for providing it.

And talking about the DCA technique, I was flattered when I heard MicroStrategy making 1 billion dollars on their overall BTC holdings, which they have accumulated using DCA and bought at an average price of $29500+. And I can't imagine how much profit El Salvador will make on their holdings, even though they (El Salvador has around 3,110 BTC and MicroStrategy has 158,400 BTC).

Again, thanks for the tool. I will bookmark it, and I hope the data for other companies will also be provided here and in the upcoming ETFs too. That will be helpful for all of us. Anyway, is this website yours?

How many topics about El Salvador do we need, because we already have one? El Salvador’s adoption of Bitcoin was a political effort, and we cannot judge the experience except after 10 years have passed and then evaluate the extent of its benefit to both the overall and individual economies. However, I read somewhere that most people did not use that wallet after withdrawing the amount from it, as it is centralized.

As far as I know, they used national reserves to buy bitcoin, so this money will definitely belong to the country, not just President Nayib Bukele. In addition to accepting legal tender and investing in bitcoin to seek profits, Nayib Bukele's goal is to leverage bitcoin to improve their country's economy. One of the most productive sectors is tourism. From what I know, their tourism industry since accepting bitcoin as legal tender has seen a significant increase in revenue.

It can be said that they have not achieved many outstanding achievements, but they are still continuing the journey of applying bitcoin into practice in their country from bringing it into education to becoming the main currency.

I think this is the BTC that he owns on behalf of El Salvador.

Check this: https://buybitcoinworldwide.com/treasuries/el-salvador/

The amounts match. Actually, 3000+ BTC look too much for a personal portfolio, but this is not a strong argument, I know.

An easily understandable graph. Btw... being the first country to officially accept Bitcoin as its legal currency is indeed a surprising breakthrough. We all know that BTC is not regulated by any country, and El Salvador is very bold to adopt it.

A small question about Nayib Bukele's purchases so far. Will the purchased BTC be used for the benefit of his country or for personal/supporter interests? It's true that it's in the name of El Salvador, but I'm a bit skeptical about it. If compared to the amount bought by MS, it falls far behind. Country vs Institutional Investor, for now, BTC is still dominated by institutional investors.

El Salvador is a first nation makes Bitcoin legal tender.

Their President Nayib Bukele is a serious Bitcoin supporters and he loves DCA Bitcoin as in an investment for his nation.
There is a website for El Salvador, Nayib Bukele Portfolio Tracker.
https://nayibtracker.com/
In the chart, you have green dots that are Purchases and you can hover mouse on each green dot to get details for that DCA time.

It has numbers for
Total dollar cost average.
Dollar Cost Average price.
ROI.
You have a table with date of purchase, purchase value, and links to X (Twitter), SEC filing.

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Michael Saylor ⚡ (MicroStrategy) Portfolio Tracker

Do you want to DCA like those institutional investors?
If you want, you can do it with a helpful website Dollar Cost Averaging with costavg.com include exchange fee