Nuances of a country's crypto-finances

Hello ReadCasheros community, happy start of the week to all. definitely that nowadays, for those who are in the financial world, studying, reviewing, looking for ways to invest, it is impossible not to come across issues related to cryptocurrencies.

The crypto environment has scaled a lot, it is indisputable, regardless of the current fall, which is not unique in cryptos but extends to other more traditional areas, we can see that it has had a great reception even by many governments, a rather particular case and to highlight is that of the President of El Salvador, Nayib Bukele, who has made large investments in Bitcoin, applauded by many and criticized by others.

The detail in this case is that it is money from the national treasury, and we well know that any investment involves a risk, more if we talk about cryptocurrencies, because of their high volatility, but the biggest problem is that the current bearish run has made that the detractors of this president are using this to create fear and make it seem that "he has put the country's economy in a very big risk " , being this used as a political weapon.

They wouldn't be able to say much if instead Bitcoin regained its price above 40k, for example, or better yet, if it set a new all-time high, but I don't see that as very likely in the short or medium term really. So he has said on his Twitter account that "Patience is the key to investing in Bitcoin " , which I totally agree with, we just have to wait, most likely months, to be able to see a new price rally, although there are those who say we could wait more than a year, regardless of this, patience is the key.

I hope that this daring president, for some visionary, for others irresponsible, can have enough time to be able to see the price of BTC rise again and materialize with the profits obtained from his crypto holdings, and thus be able to build the schools and hospitals he has in mind, because if not, it could be an additional blow to the crypto environment that, clearly, has been hard hit by the Terra luna events, among others.

With nothing further to add, I bid you farewell. Thank you very much for reading my post.