New Bitcoin Move from El Salvador: "Thank You for Selling Cheaply"

Bitcoin (BTC), the leading cryptocurrency exchange coin, was recognized as an official currency by El Salvador last year. El Salvador, which recognizes Bitcoin as a legitimate currency, made a purchase during BTC's sharp decline. El Salvador's president Nayib Armando Bukele Ortez thanked those who sold BTC cheaply.

The sharp decline of Bitcoin (BTC), the leading coin of the cryptocurrency exchange, was considered an opportunity for some investors. El Salvador is among those who see this as an opportunity. With its latest step, El Salvador made a similar move. El Salvador purchased Bitcoin. El Salvador bought 200 BTC in September 2021. El Salvador, which transferred the purchased BTC to its reserves, continues its purchases despite BTC's sharp declines. President Nayib Bukele, who bought 500 BTC at $30,744 on May 9 and saw this as the bottom level, has now purchased another 80 BTC. Nayib Armando Bukele Ortez announced that he bought 80 BTC at $ 19,000. Stating that Bitcoin is "the future", Bukele thanked those who made the sale. He said thank you "for selling cheaply". Although it is not known exactly how much Bitcoin El Salvador has in total, it is estimated that the amount of BTC in El Salvador's possession has exceeded 2,301 units, if it is necessary to make calculations based on transparently shared purchases.

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You may also be interested in this: El Salvador's President Nayib Bukele: ''BTC Investors Should Not Be Afraid!'' The sharp decline in the cryptocurrency market, which has been moving downward in recent months, scared investors. With Bitcoin, the cryptocurrency leader, which fell below $ 20,000, losses among all market coins were great. On the other hand, there are also those who state that this decline is temporary and see it as a great opportunity for purchase. Nayib Bukele, the president of El Salvador, which accepts Bitcoin as a legal currency, also states that this decline in BTC is temporary.