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Author Topic: Elon musk changed the market circles  (Read 789 times)
konflikkastil
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February 12, 2021, 08:34:51 PM
 #61

I could remember, I was badly affected by the 2018 down in btc market. That was when I first trading btc, it was a major concern for me. I felt very bad and couldn't sleep for days, it was my savings I used to trade. Don't blame me for that,smile... If I could remember, the price of BTC as at Dec 2017 was around $10,000 and between Jan and Feb it has reduced to $3,000. Thank God I was able to leave it till few weeks ago to in part of it. All thanks to Elon Musk for security to invest in BTC and that has made some big companies too to start coming out to do same. Crypto is the future, there is nothing any government can do to stop it.

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February 12, 2021, 10:38:00 PM
 #62

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?



Bear market will always come no matter how bullish the market now, there's no way we have this parabolic increase increase consistently, the volatility of the market will exist and that is after a bull run, correction happens. Let's not focus on that yet, the market is so bullish, it's good to play with it while it's still here as it might take another years for a bull run to come again.

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February 12, 2021, 10:40:05 PM
 #63

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?


Bear market will always come no matter how bullish the market now, there's no way we have this parabolic increase increase consistently, the volatility of the market will exist and that is after a bull run, correction happens. Let's not focus on that yet, the market is so bullish, it's good to play with it while it's still here as it might take another years for a bull run to come again.

just a matter of time before we will see the bearish season. but before it happens, enjoy this moment and take advantage of the opportunities that it may bring to you.
we are fortunate that there are big names supporting the community, not only by word but actual investments to crypto. their move actually lessen the hesitations of those people who are still looking at crypto as fraud. lets get real here. there are still people who are considering crypto being used only in illegal activities because thats what they are hearing from news. but if these names or big companies are getting inside, then maybe they will start educating themselves whats really in store for them in crypto

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February 13, 2021, 02:30:18 AM
 #64

I'm curious to see what happens to the Tesla image.  Elon got $1.5 billion in subsidies for being energy efficient.   Then he spent that taxpayer money buying energy inefficiency.  I'm hoping he is forced to give it back. 


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February 13, 2021, 03:10:01 AM
 #65

When Elon Musk become influencer for cryptocurrency make changed the market circle suddenly doge coin pump and dump, many trader can't predicting what happen next because afraid for entry after late from his tweet and waiting will miss chance when Elon Musk make new tweet,
the same what happen last few years with John McAffe become influencer with cryptocurrency and promoting many coin but become scam although at the early many impact with coins growing up.

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February 13, 2021, 05:57:16 AM
 #66

He have big impact in crypto as influencer he got the hype of cyptovurrencies now just like what he intended to focus for doge the market of it suddenly get high,and now i was curious if this year will crypto be more recognize.

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February 13, 2021, 06:30:02 AM
 #67

No one can say when the bear market will happen, whether it is big or small.  Even if Elon continues to make tweets related to Bitcoin and DOGE, the possibility of correction will not be lost because he has no control over market movements, yes he has an undeniable influence and impact and I liked the action Elon took in being part of the circle.

So in new entrants in this industry, also know the position of losses when they mismanage their investment.  And don't forget that there is still the sudden increase or fall of a coin in no time.

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February 13, 2021, 02:03:58 PM
 #68

It turns out that many also hate what Elon Musk is doing. indeed not everyone agrees what he did with the Tweet. he easily makes the market go up or down according to his own will. of course this is a mistake. The securities or related institutions should be able to re-examine what Elon Musk was doing. as this could also be indicative of a self-benefit scheme
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February 13, 2021, 02:18:36 PM
 #69

I think It's altcoin time now because of  Elon Musk. All altcoin price goes up day by day. when Elon will be released all BTC about 1.5billion BTC. The market will be down. Else the market will not go down I think. It's my opinion may b not right. May b Btc price will down after 1year minimum.

Now  Elon will control the market in his own way
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February 13, 2021, 03:42:46 PM
 #70

It turns out that many also hate what Elon Musk is doing. indeed not everyone agrees what he did with the Tweet. he easily makes the market go up or down according to his own will. of course this is a mistake. The securities or related institutions should be able to re-examine what Elon Musk was doing. as this could also be indicative of a self-benefit scheme
looks like a game of rich people with large capital in the crypto market. nevertheless what Elon did is controversial. some support it, some are dropping it. however, people with big names and their own capital have different strengths from small traders and investors.
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February 13, 2021, 10:28:45 PM
 #71

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?


Bear market will always come no matter how bullish the market now, there's no way we have this parabolic increase increase consistently, the volatility of the market will exist and that is after a bull run, correction happens. Let's not focus on that yet, the market is so bullish, it's good to play with it while it's still here as it might take another years for a bull run to come again.

just a matter of time before we will see the bearish season. but before it happens, enjoy this moment and take advantage of the opportunities that it may bring to you.
we are fortunate that there are big names supporting the community, not only by word but actual investments to crypto. their move actually lessen the hesitations of those people who are still looking at crypto as fraud. lets get real here. there are still people who are considering crypto being used only in illegal activities because thats what they are hearing from news. but if these names or big companies are getting inside, then maybe they will start educating themselves whats really in store for them in crypto

Investing now doesn't mean investing in the future, some investors can play the market with their influence to do a price manipulation, with Elon's status he can do that, yes, we have to be thankful that he touched crypto this year, it made some profitable but I don't know if these people who get into FOMO will still enjoy once the correction starts, or do they know what they are doing?

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February 13, 2021, 11:00:07 PM
 #72

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?



He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.

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February 13, 2021, 11:46:08 PM
 #73

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?



He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.
He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.

I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.

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February 13, 2021, 11:49:09 PM
 #74

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?


He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.
He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.

I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.

This is not good especially for those newbies in crypto. They thought they will get rich quick but most of them don't know what they are getting into. So yeah, I read some of the comments from Elon's tweets, that they lost money because of him. People should educate themselves when it comes to crypto and not rely with famous people when deciding to invest their hard-earned money.
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February 13, 2021, 11:59:18 PM
 #75

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?


He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.
He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.

I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.

This is not good especially for those newbies in crypto. They thought they will get rich quick but most of them don't know what they are getting into. So yeah, I read some of the comments from Elon's tweets, that they lost money because of him. People should educate themselves when it comes to crypto and not rely with famous people when deciding to invest their hard-earned money.

You would really expect that those kind of blames will really be part of this market.You would see it anywhere as long those people
do really lost up money then they will find someone who would really be blamed off. Elon did really change or make effect on the market due to that
recent purchase of worth billions but doesn't mean that this will be a permanent one. Market will continue to rise and decrease depending
between sellers and buyers. Fundamentals isn't really something bad for you to look on but don't heavily rely with that.

R


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February 14, 2021, 05:29:06 AM
 #76

Why blame Elon?  He did not say that they should obey and believe what he said.  No matter how famous or influential he may be, you should also have your thoughts and decisions.  I also saw his tweets about DOGE and because I also found out from others, but did I buy?  No.  I researched information about this coin so I was able to take action.  If I miss earning because its price goes up as others do, that is no case for me.  It's really up to you if you are affected like everyone else and you should also take steps on what you really should do.  Think and be prepared for whatever may happen, even if you lose you can accept without remorse.

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February 14, 2021, 07:08:02 AM
 #77

That’s not 100% correct actually. We already had a correction when bitcoin reached 40k usd for the first time. The prices dropped and stayed constant at 32-35K for very long. Yes the comparative time for stability was very less because at that price (lowest for the time being) many investors jumped in with their millions. On the other hand this was the time when Elon Musk opened up his magical movement with bitcoin and made the updates regarding Tesla Payment etc.

It was but obvious to hype the prices in very short period of time. Correction happened but with less liquidity since it had more market cap than the required limits.

The current price may not seem corrected but it won’t go down as well since the market cap capabilities are increased to next level now. Get ready for even bigger hike.
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February 14, 2021, 10:58:49 AM
 #78

I am waiting when Elon Musk make new tweet about Doge coin because last night I have bough Doge coin, when have new tweet from Elon Musk will make Doge coin back to higher price, maybe last two days without any tweet from Elon musk about cryptocurrency bitcoin or doge coin, I am waiting and hope tonight he make new tweet about Doge coin to make price will up.

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February 14, 2021, 11:14:37 AM
 #79

It turns out that many also hate what Elon Musk is doing. indeed not everyone agrees what he did with the Tweet. he easily makes the market go up or down according to his own will. of course this is a mistake. The securities or related institutions should be able to re-examine what Elon Musk was doing. as this could also be indicative of a self-benefit scheme
looks like a game of rich people with large capital in the crypto market. nevertheless what Elon did is controversial. some support it, some are dropping it. however, people with big names and their own capital have different strengths from small traders and investors.
it's always people with large influence that can do much in crypto market or stock market.
But, they only kinda pisses me off if they misuse their influence into trapping people that faithfully follows them into buying some trash coin and then he took the opportunity to dump.
In this case we don't know elon's motive but he seems didn't take advantage of the opportunity, though we can't be sure because elon never transparent to his crypto posession which is definitely not a problem since it's his right.

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February 14, 2021, 11:28:04 AM
 #80

I was also quite surprised, it turns out that Elon Musk's influence is truly devastating. Made a very significant difference, ever since Elon Musk
shilled Bitcoin. Finally it can attract many large investors to invest in Bitcoin, I am very grateful to Elon Musk for supporting Bitcoin until now.
Hopefully there are other rich people who can promote Bitcoin. If we look at the price of Bitcoin which continues to rise and even today Bitcoin
has managed to reach the new ATH. This is the most beautiful Valentine's Day gift in my opinion.

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