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Author Topic: Elon musk changed the market circles  (Read 789 times)
CryptocurencyKing
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February 14, 2021, 11:36:51 AM
 #81

On the topic, its more like influence on not change. It's a tricky thing and all traders are involved as to making it work, a single prediction using what ever means avail to him and himself @Elon Musk investing especially when he does announces it is sure to bring in other investors not limited to you and i and just like that, a not so major move would be experienced in the market. Its a normal thing and a soon to be common reoccurring phenomenon about this rich crypto enthusiast. Hope he does sell his ideas to the many anti cryptos around the world to give cryptos another chance.
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February 14, 2021, 07:59:49 PM
 #82

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 ?
It is not good that one person posses this much power, I really do not like it and I hope that people soon realize that following one rich person with your money is not a great idea. In the end they will do whats best for them and you will be left hanging in there, I personally think the cleverest thing you could do is do what they are doing but not what they are saying, they will say anything they want to say and anything they will profit only them, but if you do what they do there is a chance you could make a lot of money.

In the end I am trying to get my money higher and bitcoin is already quite high, I do not think that circles could be broken but only postponed and until that moment I am going with the alt season, that is at least a lot better and I can go on with that a lot easier as well. It is just stupid to make your financial decision based on a rich guys tweets.

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February 14, 2021, 08:21:31 PM
 #83

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 ?


We are in bull market and just like 2016 and 2017 it will stay for atleast a year this time around too and as far as Elon Musk's role is concerned i do not think there is anything wrong as long as he is positively impacting the market.

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February 16, 2021, 01:00:13 PM
 #84

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 ?


We are in bull market and just like 2016 and 2017 it will stay for atleast a year this time around too and as far as Elon Musk's role is concerned i do not think there is anything wrong as long as he is positively impacting the market.

You wrote that this time the bull run will also last about a year. And this thread is just that this time the bull run won't last a year. It is because of Elon Musk's actions that many more companies will follow him, which will make this bull run last much longer. And no one really can predict how long.


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February 16, 2021, 01:10:34 PM
 #85

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 ?


Exactly Elon created a magic trick, It spurred momentum from the community's mentality to a starter trend he saw and turned it into his advantage to boost profits. A powerful stimulant that Elon Musk created with Tesla. That won the communist bear. Something did not awaken the bears or it was won over by covid. Lol

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February 16, 2021, 01:13:28 PM
 #86

When a big figure like Elon Musk who is the head of few world's top business organizations like-TESLA, SPACEX, THE BORING COMPANY supports cryptocurrency, normally it puts huge positive impacts on the cryptocurrency markets. Most of times, cryptocurrency market faces lack of confidence but after Elon Musk's support, market now stands on a strong base and investors are getting ground for their investment.  ‍
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February 16, 2021, 01:31:32 PM
 #87

When a big figure like Elon Musk who is the head of few world's top business organizations like-TESLA, SPACEX, THE BORING COMPANY supports cryptocurrency, normally it puts huge positive impacts on the cryptocurrency markets. Most of times, cryptocurrency market faces lack of confidence but after Elon Musk's support, market now stands on a strong base and investors are getting ground for their investment.  ‍

I totally agree. Now the question is how many companies will do the same as Elon Musk and Tesla. I am thinking not only about the fact that he has invested a lot of money, but also about the fact that he will start accepting cryptocurrencies as a form of payment. I think this in the long run could have an even greater impact on the cryptocurrency market than the investment itself.


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February 16, 2021, 01:44:15 PM
Last edit: February 22, 2021, 12:39:27 AM by Flor1982
 #88

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 ?


I think Elton Musk's participation in the Cryptocurrency market this year is just right because the mass adoption will be even stronger. He is one of the most respected people in the world in which most of the people will follow him. If he did not invest in Cryptocurrency especially in Bitcoin, probably the bear market will be inevitable due to existing Big Whales which are truly known for market manipulation.
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February 16, 2021, 02:07:40 PM
 #89

the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.
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February 16, 2021, 02:26:50 PM
 #90

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 ?


I think it's not just about Elon Musk. As we know some large companies have started to look at cryptocurrencies, and this is what keeps the price of crypto on the rise.
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February 16, 2021, 02:30:57 PM
 #91

the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.
Whether with Elon Musk plunging into cryptocurrency it will have a positive impact or vice versa I also don't know,
but I think this is quite interesting and maybe in the future more and more people are interested in cryptocurrency,
especially if later people like Elon Musk are interested in getting into cryptocurrency it will drive crazy

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February 16, 2021, 03:32:22 PM
 #92

the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.
Whether with Elon Musk plunging into cryptocurrency it will have a positive impact or vice versa I also don't know,
but I think this is quite interesting and maybe in the future more and more people are interested in cryptocurrency,
especially if later people like Elon Musk are interested in getting into cryptocurrency it will drive crazy

Who doesn't pay attention to what the richest man in the world invests in? Of course, everyone also wants to earn, so they will certainly want to imitate those who theoretically do the best in the world. I think it won't take long for the next big company to announce that it's investing in Bitcoin or other cryptocurrencies. I think the cryptocurrency trend is just beginning.


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February 16, 2021, 03:35:08 PM
 #93

Their statements changed the market a lot. First he praised dogecoin. Everybody started to buy dog, now he is denigrating dog, I think he will buy from the bottom again.

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February 16, 2021, 03:51:45 PM
 #94

Their statements changed the market a lot. First he praised dogecoin. Everybody started to buy dog, now he is denigrating dog, I think he will buy from the bottom again.

I didn't notice that Elon Musk denigrating DOGE. He only wrote about what the whole community noticed earlier. Dogecoin was bought by big whales, which is negative as it allows them to manipulate the price. Elon Musk prefers to do this himself, so he wrote:

"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo."

This means that when he has an impact on the price again, he will start supporting DOGE.


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February 16, 2021, 03:52:37 PM
 #95

As per my data Elon musk can make contrast, he changes how individuals see at crypto, I think individuals are prepared to grasp cryptocurrency in the event that one individual like Elon appears up, individuals are reluctant within the past a long time since other best extremely rich people as of now dfined crypto and Bitcoin as a bubble but Elon realized that crypto is future, as individuals will accept them since of their notoriety, and presently a extremely rich person says and will acknowledge crypto, this has presently boost crypto-economy to a modern level, too its the culminate timing for crypto, since we are still within the widespread.

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February 16, 2021, 04:31:21 PM
 #96

When Elon Musk make tweet about Doge again, last two days his tweet about Doge coin and now still waiting his update will make new tweet about doge coin or not because many people waiting for his tweet and make many trader get back profit, now I wanna get back how doge can reach to higher price again.

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longyenthanh
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February 16, 2021, 04:54:36 PM
 #97

When Elon Musk make tweet about Doge again, last two days his tweet about Doge coin and now still waiting his update will make new tweet about doge coin or not because many people waiting for his tweet and make many trader get back profit, now I wanna get back how doge can reach to higher price again.

Well, you probably haven't read Elon Musk's latest tweet about Doge .. Elon is not very positive about Dogecoin being centralized because big whales have bought it in large amounts. He said he won't support DOGE until whales sell most of what they own. This means that in the near future we can expect only a drop of DOGE price.


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Nanda Dewi277
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February 16, 2021, 05:09:24 PM
 #98

Yes, you are right, Elon Musk is very influential in increasing the price of Dogecoin. According to the proverb, if we control the market then we can control the price and this has happened with the presence of elon musk changing the market price of Dogecoin. Therefore, maybe someday the price of Doge coin can go up or down and it all depends on us taking advantage of the current conditions of the Dogecoin price.

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February 16, 2021, 05:22:44 PM
 #99

Elon Musk knows he can play with fire as long as crypto markets remain mostly under gray areas regulations; if that would change expect him to close his mouth for good as he could not risk his reputation and, most importantly, his money! I mean let us face it, he changed the market behavior with a few tweets and he was able to resuscitate Dogecoin!
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February 16, 2021, 05:52:15 PM
 #100

yes, Elon musk changed the market circles, He can pump any coin he wants up to the percentage he wants he only needs to invest and buy those coins and it will have a sudden price value increase. Look what happened to dogecoin, I believe he doesn't just hype and advertises it, but he also bought a huge amount of dogecoin. He can change how crypto market works in an instant and that is the true power in whales.

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