Topic: Just hodl, bitcoin will do the silencing. - page 4. (Read 767 times)

Nayib Bukele success get benefit when accepting bitcoin as payment currency in their country, not only with positive side how economic condition moving up but also bitcoin success reducing criminal rates. Today bitcoin have break out most higher price and I can't imagine how much profitable earned by El Savador government with their interested keep accumulate bitcoin every day although price dropping under $20K. Some time I want to see with portfolio of El Savador bitcoin assets and looking how much profitable earned during last two years become most active holder and investor in bitcoin.
Good job Nayib Bukele and El Savador government right now they are celebrating with how much profitable earn after braveness from their president make bitcoin as legal payment method.

It's true what you say, but there's no harm in setting aside money even if it's only 10$ a month. I think you can still buy BTC, and if you need it urgently, we can sell it. At least we have the intention to save by minimizing useless expenses. the future / financial freedom that we hope for

It's said that success is everybody's father, but failure is a bastard, meaning that everybody wants to affiliate themselves with success, while nobody wants to associate with failures, this is what is happening in the case of Bitcoin, now that it's value is fast rising many people who where skeptical about it in the bast are now adopting it.

The president of El Salvador, Bukele, is now seen as a hero, because the asset that he invested his country's money in, is now yielding profit for them, so his critics are now quiet, I hope that other countries, corporations, companies and individuals, will learn something from this president and trust Bitcoin to be the asset that it's value will keep increasing and being more profitable in the future.

How the tides changhed for him. Before in the bear market, people were creating threads on the forum and posting on other social media platforms how Bukele is a dumb president who is wasting a small nation's money for his own benefits and now, we have him being praised as one of the innovator for being the first nation of accepting Bitcoin as a Legal Tender. Everything is great in a bull run, real colors are visible in the bear market.

That's a whole lot of profit for a country who really understands Bitcoin and honestly speaking, I wish my country had some reasonable leaders like the president of El Salvador Bukele. It will help our economy grow more than what it is today. Imagine the little they had invested back then and compare to how much profit they have made in few years. With these profits, they can work in so many other sectors of the country that needs development.

It's a good thing and as always, a Bitcoiner should be on the idea of holding their coins for the long term. We can see how Bitcoin had skyrocketed past it's old Ath in just 2days. Which for many, I think it's surprising. If we are already seeing such movement before the halving in April, then we might already be getting a glimpse of how the market will be after the halving.

Like everyone else yesterday, I enjoyed watching this insane bitcoin rally up. But as a bitcoin holder, I don't understand these calls to hold bitcoin until the last. People who urge to do this then discover that the price has become 16 thousand dollars, and they have not transferred any part of bitcoin to stablecoins at local highs. I have fixed most of the bitcoin in the usdt and I do not regret it at all. However, greed does not lead to good results.

What he did gives us something important that we need to learn - courage and optimism. He ain't losing hope despite criticism and market dumps that one day his plan and the country's investment will succeed. And he is not wrong and he isn't destructed by negative people from their country as he is still determined to hold and wait for this bullish market.

It sends us a message that we need to be strong and determined to achieve our goals and we don't feel tired waiting for the right time (patience).
Holders got rewards, than those who are afraid and weak.

If Microstrategy takes profit, I doubt that we can follow them immediately since their Bitcoin holdings value is enough to create a heavy selling pressure in the market. This is my greatest fear on Saylor dominance on Bitcoin.

It’s either he will abandon us completely or slowly take profit without affecting the market heavily.


This tracker is not on-chain, They might sell their coin earlier and delay their announcement just like what Elon did before when he unload all his crypto holdings.

Against all odds and getting lectured by IMF and negative media coverage, President Bukele did the impossible of making Bitcoin as a legal currency of his country. That decision is now paying off and every international media house is covering the news. This is another great example struggling economically countries should take from El Salvador. Not only President Bukele is trying to improve the living standard of his citizens but is in the process of making his country crime free. Every nation needs such great leader who thinks out of the box and makes a difference.

Right. Bukele's using El Salvador's cash for that Bitcoin move. If you're barely making ends meet, don't go splurging on Bitcoin. It's cool to take cues from him but uou have to adapt it to your own situation. National strategies are one thing but if your wallet's looking thin, stick to the basics and save the crypto adventures for a more stable time. Prioritize keeping the lights on before diving into the Bitcoin rollercoaster

He understands that there will be a lot of negativities pertaining to his actions and decisions but he's got all planned even before. He just became firm with that plan and continued to follow it accordingly. He knows what he's doing and he understands that for his country to thrive in the new adoption that they're in, he'd definitely have to face those criticisms even if they're bad and unacceptable. Well, as for each individual, as long as you know what you're holding and you have experience in doing that, there's no need to listen to anyone's advise.

Holding our bitcoin, don't take profit and exit too early.

Watch big names like Micro Strategy, they are bigger than El Salvador.
If they take profit, we can follow them to take profit.

https://saylortracker.com/
https://nayibtracker.com/

The market in 2024 now have more institutional investors from Bitcoin Spot ETFs, not only MicroStrategy. Those Bitcoin Spot ETFs are heavily buying Bitcoin.

This is an issue we need to pay attention to because each person will have a different situation, so we need to come up with a plan that suits our financial situation instead of following others. Just like CZ, he once took the risk of selling his assets to invest in bitcoin and we all know what he achieved. But that's not good financial advice, just because he sold his house and bought bitcoin and was successful doesn't mean we will be successful if we imitate his approach.

Investing wisely is coming up with a plan that suits your situation, not imitating someone else's plan.

President Bukele is a crypto-friendly hero who is hated by so called demon-has-gone democrazy lovers and Berkshire Hathaway shareholders for obvious reasons. His haters will naturally disappear soon after biting the dust.

In terms of personality, steadfastness and confidence, Bukele needs to be given a thumbs up. He showed his entire existence to the world that Bitcoin was not just empty talk but by proving that his country system was listed as a country that was harvesting wealth. It is not easy to instill a stance like this, especially since Bukele is the leader of a country and he is risking his citizens in one decision to take Bitcoin. At least we as individuals who also have a few sats must have more confidence because even if we experience losses it will not be as severe as El Salvador. But I don't think that will happen. I believe that this year is entering a super mega Bullish market.

Well, if the amount of capital in El Salvador is 1 billion dollars and it has grown by 40%, it has a profit of 400 million dollars.Honestly speaking, it's too big. Just holding the $1 billion capital fund and then immediately making a profit of 40%—this is not a joke. But this is just an example.

Apparently, this is what happens when we hold a long-term asset like Bitcoin or other cryptocurrencies. That's why Bitcoin is really proven and tested for long-term investment. And this is what the whale investors who enter this business industry field want.

Bukele is a great president, he changed El Salvador by reducing criminal rates, reducing unemployment rates, increase the GDP rate, and brave enough to accept Bitcoin as legal tender despite many retired people complaining about Bitcoin.

We can learn from Bukele, but remember with our current conditions.

Bukele is investing in Bitcoin using El Salvador's remaining money, so if you (everyone) don't have enough money and you're still struggle to fill your monthly needs, don't be stupid to use that money to buy Bitcoin.

Today I read about the news of El Salvador bitcoin hodling investment yielding about 40% profit and i had to imagine that 40% in figures in contrast to the amount of dollars El Salvador hold in BTC. But nevertheless, this is not the main issue I wish to focus on in this thread, I just want to divert a little.

Sometimes back when bitcoin price was that low ($16k) a few investors if not many felt discouraged with a flinching desire to sell in fears that the price might keep getting low and addition to the lies and negative rumors from bitcoin haters about bitcoin falling further low even to zero, these lies made many bitcoin holders to hurriedly sell even at a lost.

El Salvador President, Bukele was exempted, critics made a lot of noise in the media with many articles about El Salvador's bitcoin investment heading to a loss but the Salvadoran President didn't deter in his resolute not to sell but resolved to keep holding not listening to all the critics. Today El Salvador is 40% in profit  in their bitcoin investment as bitcoin price keeps rising, 40% when the halving has yet occured, and the next ATH not yet hit, how much more when it all does.

I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.