El Salvador has been able to make a huge profit from their Bitcoin investment, which is a success for them. The government of El Salvador has been investing in Bitcoin since 2021, and they have continuously invested and built a huge capital in Bitcoin. Which has now allowed them to make a huge profit in 2024, which is really a great reflection from Bitcoin. We have seen the price of Bitcoin touch a high of over $104K, and we can also expect to face a new ATH again, maybe in the new year. Moreover, the government of El Salvador will hold on to its Bitcoin. He is not anxious to sell it now, but rather he plans to hold it patiently for a longer period of time.

However, since the election of Donald Trump, the price of Bitcoin has been increasing and at this time it has reached a high point, which we gave a milestone of $100k. However, since the US government supports Bitcoin, the future of Bitcoin is going to be even brighter. Moreover, I saw President Donald Trump welcoming Bitcoin to reach the 100k milestone, which is really interesting.

https://x.com/WatcherGuru/status/1864656592760627489?t=qzfDk2pZ87-1SiReq_lieg&s=19

The great initiative that El Salvador had is very good and the investment they are continuing will increase their profits in the future. We know very well that if you hold Bitcoin with patience, it will definitely succeed, which we can understand when we look at El Salvador. A few days ago we saw that the German government decided to sell 50,000 #Bitcoins for $54,000, and they missed out on $2.4 billion in profit. Of course, if the German government had not made such a decision, they would have definitely made a huge profit when the price of this Bitcoin was $100k, which we have seen in El Salvador's huge profit in Bitcoin investment.
https://x.com/WatcherGuru/status/1864688509149163849?t=2IlhobeU8onoa6R4uLpYqA&s=19

With the price of bitcoin currently reaching more than 100K, of course El Salvador is making big profits from its current bitcoin investment. So it is clear that Nayib Bukele and the entire people of El Salvador will definitely be very happy with the current situation. But even so, in my opinion this is not much, because El Salvador's goal in investing in bitcoin is not just to make a profit. So Bitcoin's achievement of a price of 100K is just a shadow of success before real success is achieved for El Salvador. And of course DCA must continue to be carried out by El Salvador to get even greater results in the future.

Praise be to that man.
Let his experience be an example for others to read and watch through.
 

El Salvador’s president is triumphant after his bet on bitcoin comes true on Thursday.

He is so excited the way Bitcoin reached historical high going above $100,000 for the first time

https://apnews.com/article/bitcoin-elsalvador-bukele-musk-trump-5be81d375da5bbce883008b0799c0c1a

What more should we expect from a country that stood in unism to make unanimous decision that is bearing good fruits for them if not happiness and joy for taking a bold step that has helped both the government and her citizens achieve a notable growth in their country and economy. This is why is good for the citizens to elect presidents that has good foresight for their nation and not those who are after their personal gains and not consider the well being of her people. Which government wouldn't be happy that their investment in bitcoin are now more than 100% of the amount they invested with. Wish other countries will copy from El-Salvador and adopt bitcoin as their legal tender also, for their own benefits and for increase in adoption which will have a positive impact in the price of bitcoin.

The call for celebration is not only on the El-Salvador president, Nayib Bukele, but upon every of its citizens and those who have made it a task and duty towards investing in bitcoin following the pattern of the president and also every other bitcoin investors worldwide, we are now happy and being fulfilled to an extent that this milestone has been achieved to $100,000 and from here we can continue and go on further, it's going to be an opportunity upon opportunities in some times to come, we are going to see the influence and benefit of investing in bitcoin and holding more preferable to other investments or assets, if we are not going to give up, there certainly lies more opportunities coming forth in the future about bitcoin adoption the more we go.

What will the IMF say? I was curious. 

This is a clear proof of Bukele's belief that until now he has been able to make rapid progress in the economic field, especially El Salvador's finances which are improving. But Bukele must also remember that this value will fluctuate, this money has not yet fully become money that can be recognized by the world to build the people's economy. I think he should have the right decision to manage these Bitcoin assets. The reason is that he must get the maximum value from the price to optimize profits. I think many countries will start learning with him. But I'm actually waiting for what he's going to do, I don't feel sure he's going to dive in to hold BTC.

It is not uncommon to have bitter no coiners and low coiners. Some  of them have never bought any bitcoin, and others had owned bitcoin previously and sold too much too soon.

Most of them are not very educated about bitcoin, except maybe repeating some nonsense that they might have read from some other no coiner/low coiner and considered their research to be meaningful.


Surely it seems as if one of the solutions is to join in rather than whining about the matter.  Some of these folks will end up jumping on board later down the road in this cycle or the next cycle or the one after that, yet it seems quite likely that they are going to be disadvantaged by their whining and delay... and so yeah, folks who get on board early and spend some efforts on accumulating bitcoin are likely going to end up much better off than the no coiner and low coiner whiners.

I would like to see the reactions from people like Peter Schiff and Paul Krugman now that Bitcoin has hit 100k and even planing on soaring higher. El Salvador is a very good example that a nation can actually make good profits in collaboration with Bitcoin as an invested asset because I could recall when all these bitcoin haters were up and saying that Bitcoin would never reach this height now and many are still placing doubt on possible investors out there about the price moving further than this but we the Bitcoin faithful will always have an upper if later they end up joining the race because am certain so many will still end up buying Bitcoin @ Micheal saylor.

I think that we shouldn't care abotu what Peter Schiff or Paul Krugman think because their thoughts are meaningless. They say all of these just to gain media attention and the attention of people, which they successfully do and I think, we shouldn't let them succeed. One good thing is that I hope their wrong prediction makes them less favorite person to hear from.

By the way, El Salvador and what Nayib Bukele does in this country, is a very good example for the whole world. I don't particularly mean Bitcoin because I don't think it's possible for many countries to follow El Salvador's plans because it's too risky but the most interesting part is that Nayib Bukele become the President of the most dangerous country to tries to completely reshape the nation.
The plan of buying 1 Bitcoin every day is a good plan. It's not a huge money for El Salvador and the time has proved that this strategy works like a charm but a small country like this and with that small quantity.