Constantly showing off the ‘top’ Bitcoin bottoms, this famous president is at a loss because ‘people are not as good as heaven’

Tram Ho

El Salvador President Nayib Bukele is probably the only leader in the world using a national investment fund to trade Bitcoin using his personal phone.

Liên tục khoe những màn bắt đáy Bitcoin ‘đỉnh cao’, vị tổng thống nổi tiếng này lại đang lỗ chổng vó vì 'người tính không bằng trời tính' - Ảnh 1.

Despite constantly “showing off” bottom fishing on his personal Twitter account, it seems that he is losing money. Al Salvador is said to have purchased at least 1,391 Bitcoins with a payout of around $71 million (average $51,056/BTC), according to Bloomberg calculations. Assuming this country still has the same amount of Bitcoin purchased, the Bitcoin is currently only worth about $ 61 million, a loss of 14%.

El Salvador started buying Bitcoin in September after Mr. Bukele approved a plan to make the country the first to legalize Bitcoin trading. At that time, Bitcoin was priced at about $50,000/BTC. The country then continued to buy sporadically in the periods of October, November, and December. However, compared to the time when Bitcoin peaked at $69,000/BTC, the Bitcoin price has dropped 40% of its value, up to now.

Liên tục khoe những màn bắt đáy Bitcoin ‘đỉnh cao’, vị tổng thống nổi tiếng này lại đang lỗ chổng vó vì người tính không bằng trời tính - Ảnh 1.

Bitcoin Purchase History of El Salvador President Nayi Bukele.

Mr. Bukele is one of the most famous figures in the Bitcoin trading community. He once pledged to build a Bitcoin city in this country. His government also pledged to quickly grant citizenship to any investor willing to spend $ 100,000 to buy national bonds, issued via blockchain. He even sparred on Twitter with Bitcoin critics.

Bukele’s government plans to build a veterinary hospital out of Bitcoin trading profits. El Salvador’s Bitcoin wallet address is currently a secret. The government says it has a $150 million fund for Bitcoin trading but has not released the information.

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Source : Genk