The government of El Salvador has experienced a significant milestone by accumulating more than 5,700 bitcoins, valued at more than $400 million. These holdings represent unrealized gains close to 70%, driven by the strategy of acquiring 1 BTC per day implemented by President Nayib Bukele. Despite periods of unrealized losses, strategic purchases, especially during the BTC crash in 2022, have generated notable gains. Although criticism and doubts have been faced about this strategy, the recent gains reaffirm the Salvadoran government's position on investing in Bitcoin.
Reflection: Have goals outside of trading. Something that I realized over time is that many traders live by and for trading. They leave aside any other activity and all their goals and objectives are born and die in trading. This is something that we must avoid, we have to seek to diversify our important goals in life and not all of them are in trading. Something key is to give yourself a break, take a few days, spend time with friends and family. In this way we can prevent something we like from becoming an addiction. Every addiction is bad and can cause us devastating damage. Therefore, avoid getting to this point, get away from the screens for a while and look for new goals, such as: improving your health, going to the gym or starting a course. This will make your mind focus on developing new skills. I assure you that every now and then, taking a break will make you operate much better.