El Salvador president addresses bear market concerns with Bitcoin hopium

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El Salvador president addresses bear market concerns with Bitcoin hopium
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You might be worried about your Bitcoin investments during the bear market. President Nayib Bukele has some advice for you: 'stop looking at the graph and enjoy life.'

Patience is the key.In his tweet, Bukele advised fellow investors to “stop looking at the graph and enjoy life.” He reassured investors about an inevitable comeback, stating that:

“If you invested in #BTC your investment is safe and its value will immensely grow after the bear market. Patience is the key.” The advice received mixed reactions from the community as many pointed out the fact that El Salvador procured most of its BTC at a much higher price than the current market value. While critics expect BTC and other cryptocurrencies to continue on the downward trend,Some of the popular suggestions to Bukele from the crypto community amid the bear market include launching the Bitcoin Bonds.

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