We said that after the sharp fall in Bitcoin, the fear in the market increased. While some are afraid, others continue to buy.
Tron founder Justin Sun said now is the best time to build and buy, in a recent tweet. Sun did not neglect to tag El Salvador’s President Nayib Bukele in his post.
“Now is the best time to build and buy! Let’s buy the bottom. I will buy 100 Bitcoins”
Now is the best time to build and buy! Let’s BTFD! I am going to buy 100 #BTC! @nayibbukele
— HE Justin Sun 🅣🌞🇬🇩 (@justinsuntron) January 6, 2022
The present value of 100 BTC is approximately $4.2 million.
100 Bitcoin is a small number for the Sun. Because he had invested $581 million worth of Ethereum to Binance just a few days ago, causing questions about whether the dump was coming. If all of these were sold before this dump, Sun’s purchase of 100 BTC would be in vain.
Again, in the big crash in May, Sun similarly took the stage and announced that he had bought 152 million dollars worth of Bitcoin.
During this dip, Sun holding his hand cowardly and making a symbolic purchase for himself will raise the questions of whether we are at the beginning of a deeper fall.
*Not Investment Advice.