Monday 20 June 2022

YOUR BITCOINS INVESTMENTS ARE SAFE AND WILL GROW AFTER BEAR MARKET, SALVADORAN PRESIDENT TELLS INVESTORS

president of El Salvador
 Nayib Bukele
The president of El Salvador,
Nayib Bukele, has given hope to bitcoins investors who are on the verge of losing hope on the largest cryptocurrency owing to the constant plunging of its value.  
 
Early last weekend, bitcoins fell to a level not seen since 2020.
 
At the time of filing this report, bitcoins is trading at $20,141, up 12% over the past 24 hours and 33% over the last seven days.

Bukele believes that the investments in the bitcoins are safe and will immensely grow after the bear market.

 
El Salvador has purchased 2,301 bitcoins since the country made bitcoins legal tender alongside the U.S. dollar in September last year.
 
Obviously, with the falling price of bitcoins, El Salvador’s bitcoins investment has lost 50% of its value, which is over $50 million.
 
On Twitter, the Salvadoran president wrote, “I see that some people are worried or anxious about the bitcoin market price.
 
“My advice is stop looking at the graph and enjoy life. If you invested in BTC your investment is safe and its value will immensely grow after the bear market. Patience is the key.”
 
There are some people who agree with the optimism of the Salvadoran president. They are bitcoins bull, Michael Saylor, and Skybridge Capital founder, Anthony Scaramucci.

Source: AFRICUNIA TV

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