Difficult period it has been in the Crypto Market for the major part this year with the bear kicking hard. Last week happen to be much worse following the crash of the 3rd crypto exchange FTX.
Following the incident there has been much scare and FUD in the market. The current situation has however provided a good buying opportunity to get in on the Dip for some looking forward to it.
One person seeking to take advantage of this and inspire hope to many investors is the President of El Salvador Nayib Bukele has he made the announcement through a tweet that he will be acquiring one Bitcoin per day.
That's just the right move for the country who made Bitcoin a legal tender sometime last year. The buying of one Bitcoin is to begin effectively from today. The method he employed which is somewhat know has dollar cost averaging is a great approach.
Many more move from influential people like this could see Bitcoin and other cryptocurrency gain more trust again. With about a month left to go for 2022, I still believe we could end it in a better note.
Cryptocurrency is here for the future. Embracing it and having some at hand will really prove a smart decision in the long term. Applying DCA when buying will help a lot In building great ROI when applied rightly.