Home Bitcoin News Buying Bitcoin (BTC) Is Not Rocket Science With Tax Payers Money

Buying Bitcoin (BTC) Is Not Rocket Science With Tax Payers Money

Buying Bitcoin (BTC) Is Not Rocket Science With Tax Payers Money

Nayib Bukele:  Most people go in when the price is up, but the safest and most profitable moment to buy is when the price is down. It’s not rocket science.

Community Response:  So why did you buy in when the price was up? It’s called we do a little dollar-cost averaging

Because he doesn’t know.  It is not his actual money.  So, he doesn’t care.  You think your nation or other countries buy bonds, gold, platinum etc. from dip each and every time? Not with public fiat money? Embarrassing yourself. You need more financial literacy.

Price is always up.  Ask again in 3 years.  Three years in which El Salvadoran bond yields spread to new records and cost of financing increases dramatically leaving the country to the mercy of China, Turkey and a bunch of other “honest players”

He’s a clown that’s why he’s buying the token with lowest possible returns. You’re wasting time if you are still buying Bitcoin.  Yeah, it’s not rocket science, but why did you buy when it was over 60k then?

Well, I’m not expert, but my common sense tells me, it was the cheapest at that time. and over time may go down a little more, but at the end always climbs up so wait and see

What’s your average entry? It might not be rocket science, but let’s not pretend you or your country are thriving.  The most profitable and safe strategy is to DCA, you clearly are new to this, stop trading your taxpayer’s money away.

Hey people, come to listen the lesson of a guy who bought the top with the money he doesn’t own personally.  Exactly, even the novice should invest when the market is down, not when they are in bull run Bitcoin.

That’s true. So, why do you personally always buy it with El Salvador’s treasury funds when it’s at its historical highs instead? The largest purchase you ever made was when BTC was at its highest price point of all your purchases.

Have a little bit of decorum. Didn’t u go in when the price was up.

When BTC was at 10k dollars.  They thought it was the top, like you.  Let it continue to sell, like you, and I’ll collect it from the bottom, then pour it from the top to the top.

Nayib Bukele is doing the right thing.  Investing in sound hard money, improving energy infrastructure, improving nations balance sheet, building great green future cities, selling volcano bonds, great at buying the asset dips and attracting talent and investments.

 

 

 

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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