the president of The Savior, Nayib Bukeleassured Saturday night that “patience is the key” when investing in bitcoina cryptocurrency of legal tender in this Central American country that fell to less than 20 thousand dollars in recent days.
“I see that some people are concerned or anxious about the price of bitcoin in the market,” Bukele posted on Twitter, in response to those who criticize his administration for the falling price.
“My advice: stop looking at the graph and enjoy life. If you invested in #BTC, your investment is safe and its value will grow a lot after the bear market,” the president stressed.
“Patience is the key,” he emphasized.
Bitcoin continued to fall on Saturday due to investors’ lack of appetite for risk and fell as much as 9% from Friday to trade at $18,740, its lowest value since December 13, 2020.
On November 10 last bitcoin had its historical price of 68,991 dollars.
All cryptocurrencies They fell back on Saturday. Ether, the second most traded digital currency, lost almost 10%.
The Savior became in September 2021 the first country to accept bitcoin as legal tender at par with the dollar. then a bitcoin It was around $44,000.
On May 10, Bukele announced that The Savior bought 500 bitcoin, taking advantage of the low price. With this acquisition, the country accumulated 2,301 of assets. (AFP)
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