Go on then, list them for us Bitcoin maxis?
I find it hard to believe that wile everyone has been focussing on Bitcoin, ETF's
being approved, Trump looking at adding Bitcoin to the Governments reserves etc.
that there is these unknown assets out performing Bitcoin - you gotta tell Saylor,
he's definitely going to want to know.


Why is that so hard to believe?
Can you not see what Bitcoin is offering?
Can you not see that its inception Bitcoin has been going up?

El Salvador's citizens are praising their current president, Nayib Bukele, who has been elected for a second time in a row, for his actions against gang crime, dropping the mortality and crime rates by a huge percentage. On top of that, Bitcoin's adoption hasn't been a huge success in El Salvador, except for the fact that the government holds a decent number of Bitcoin, which has now yielded a decent amount of profit for their country. With that being said, your scenario of Bitcoin dropping would result in their president being murdered is purely fiction and unreasonable. Keep in mind that El Salvador is suspected to have bought Bitcoin at an average of $45,000 per coin, and Bitcoin has dropped below that more than once since their purchase.

Do you mean all those pump&dump schemes that periodically appear on the market as the next big thing that will change the world of cryptocurrency? They neither make sense, nor do they have any purpose except for the owner and a couple of intelligent investors to get rich by dumping pre-mined coins on naive people at some point.

Bitcoin is more than a money making scheme (at least for me), and I will always prefer to invest in it because I'm not here just for the money. Besides, what did you expect when you ask such questions on the bitcointalk forum? If you want to talk about alts with people who favor them over BTC, there are boards for such discussions.

Dumping Bitcoin for short-term spending might sound tempting, but it is risky. Countries like Argentina are looking at similar Bitcoin strategies, not out of "FOMO", but to diversify reserves and counter global financial pressures. El Salvador's commitment is strategic, they balanced the adoption of Bitcoin with financial stability by negotiating with the IMF over loans while revising Bitcoin mandates.
https://coin360.com/news/el-salvador-bitcoin-imf-deal

Switching to other digital currencies with "10x potential" might seem like an easy win, but most altcoins don't have the maturity, security, and acceptance that Bitcoin does. Pursuing those speculative gains could mess with the trust they've built around Bitcoin and shake up their crypto experiment.

If I remember correctly El Salvador made a huge profit when bitcoin hit its new ATH and it was estimated to be 5.28 Trillion. My question is what other currencies are you referring to and why should El Salvador invest in another currency when bitcoin has done so much for them and bitcoin can also be used as a hedge so El Salvador can benefit from choosing another currency. Other cryptocurrencies are not their target so they don't think it has the potential to do so and they know how bitcoin can provide more value.

El Salvador is also a country that is willing to take big risks even though most countries don't do the same, but what they have done in the past has made some countries start to show interest in the same. El Salvador has pioneered financial resilience through bitcoin and they have taught the world how something done with thoughtfulness can yield much better results.

It's a never-ending cycle of buys and sells, so, yeah - with time, anyone who holds BTC, eventually, will drop some parts of his bags out, back onto the market - to gain a bit from it and be ready for the future market and other events that are happening on it, and to reinvest more into BTC, of course.

Maybe OP wants the government of El Salvador to dump bitcoin and diversify into their legiteum currency since they have the potentials to turn El Salvador investment into 10x of their invested amount i guess...

OP, i do not contest that there are other coins that has outperformed bitcoin since they came into existence but my question is this; what is the sustainability of those coins? How can we identify them? are they worth holding for a long term?, this are the questions you need to answer because most people are interested in a currency that is valuable for them to hold for long and not some pump and dump coin that can't stand the test of time, all they do is pump and eventually vanish within a short period of time. Is that the kind of coin you will advise a whole country to diversify into?

El Salvador is one of the intelligent countries that took a good decision to adopt bitcoin, and they have multiplied their investment x2, isn't that a progressive investment? Do we need to be that greedy and look for projects that can offer x10 of our investment and in the end we lose all our money. Even if a project can only gives you x2 of your investment amount isn't it okay for you than putting your funds at risk of losing due to greed of maximizing your profits.

Perhaps, El Salvador is a small and poor country but they have made good progress from their investment in bitcoin while some large and rich countries are still adamant about bitcoin and has failed to buy and adopt bitcoin. It doesn't matter the amount El Salvador owns in bitcoins but what matters most is that they made good investment decision and it worked for them.

Well atleast if you know they aren't gonna sell their Bitcoin and buy altcoins then try and relate to what the effect will be if they were to sell their Bitcoin as I would also want to know if this will have any positive impact on the price market fluctuating and also just for consideration what if micro strategy and Micheal saylor decides to sell and more we all know the entire money he uses in buying Bitcoin is not entirely his as it's a company shares and so maybe possible some folks don't have same vision as him.

Just jogging my imagination here.

I guess I don't always expect Bitcoin maxis who not only consider Bitcoin to be great, but declare absolutely every other conceivable investment to be terrible.

Anyhow, most of the replies here are the same: since there's absolutely no chance Bitcoin will go down, and absolutely no chance that all of the people of El Salvador are convinced otherwise, and they are both convinced that there's absolutely no chance there is a better investment than Bitcoin, then... of course they won't sell.

Maybe the maxis here are right, or maybe they are wrong. It sure seems like they are depending on a lot of things out of their control to reach these conclusions.