Elon Musk please stop messing up the crypto market

[Lanatsa]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Are you new into this market? If not then you wont really be surprised on whats currently happening on the market.Hypes could really happen from time to time
and this isn't something new where these people could really make out some effects into the market as a whole.

Why would hate or getting annoyed about his tweets? He's not really the real deal but actually the people or the community that circling around
on where people do make out actions basing off on how he do give out his words and to know that this man is capable of big investment
then I cant blame out peoples presumptions.

Play with  the waves to benefit out rather than on stressing out yourself.

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[virtualdn]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Are you new into this market? If not then you wont really be surprised on whats currently happening on the market.Hypes could really happen from time to time
and this isn't something new where these people could really make out some effects into the market as a whole.

Why would hate or getting annoyed about his tweets? He's not really the real deal but actually the people or the community that circling around
on where people do make out actions basing off on how he do give out his words and to know that this man is capable of big investment
then I cant blame out peoples presumptions.

Play with  the waves to benefit out rather than on stressing out yourself.

I'm a BTC hodler since 2013. I also had my share of Doge and still own some today so no I'm not a newbie. I've seen a lot in my crypto journey can tell you that.

[verita1]

I honestly don't find anything wrong with Elon Musk's tweets supporting Dogecoin. But after reading this article I see where your concern comes from.
If those who buy Dogecoin are speculators, the terrible bubble could burst. Although Elon Musk is an intelligent man and he knows why he supports Dogecoin I do not think that he has any intention of producing something negative in the market.

https://www.google.com/amp/s/www.cnbc.com/amp/2021/04/16/dogecoin-doge-price-meme-cryptocurrencys-rise-sparks-bubble-fears.html

[tippytoes]

I honestly don't find anything wrong with Elon Musk's tweets supporting Dogecoin. But after reading this article I see where your concern comes from.
If those who buy Dogecoin are speculators, the terrible bubble could burst. Although Elon Musk is an intelligent man and he knows why he supports Dogecoin I do not think that he has any intention of producing something negative in the market.

https://www.google.com/amp/s/www.cnbc.com/amp/2021/04/16/dogecoin-doge-price-meme-cryptocurrencys-rise-sparks-bubble-fears.html

This will be a scary investment for those who are really new in the crypto market. And those who will buy because Elon tweeted it. They should have other crypto fundamentals why they are doing it. Because once it collapses, they will curse Elon or the crypto market for no reason. And that will give them a big lesson when it comes to crypto. What Elon is doing is just making awareness about the existence of doge. For all we know, he doesn't have any big intentions at all. He is also just another person that believes in doge.

[NeverSop]

the influence is really too much but its much expected as i see it as preplanned. i see some people already leveraging on the influence to make good profits while majority are getting hurt especially newbies. this influencing is not actively done, its just like a sideline shilling and people take it up from there. i am sure there is still more come for doge through this influence.

Perhaps you are in a bad mood and have a bad prejudice when Elon supports Doge.  in fact, Elon had had an interest in Doge long before he exploded in excitement.  Although the Doge did not have "special" developments it became a swan with a big push.  I like Elon's Tweets )

[oktana]

It is sad to see how his tweets cause ups and downs in the crypto sphere. And if you go through the replies that follows it, you see newbies complaning about how they lost their money. He is bringing more people into crypto but not properly and with the wrong mentality. This is why some people call out on crypto as ponzi scheme. Very Sadly.

[nicecrypto]

It is sad to see how his tweets cause ups and downs in the crypto sphere. And if you go through the replies that follows it, you see newbies complaning about how they lost their money. He is bringing more people into crypto but not properly and with the wrong mentality. This is why some people call out on crypto as ponzi scheme. Very Sadly.

Sad indeed but people should understand that this is how most Business people do, Even though I believe that if Elon Musk truly have invested in Dogecoin, it most have been well long before now and all this constant tweets about Dogecoin making this ups and downs in the market is just a way of taking out profits IMO and the problem is many will get reckt in the process but what do they care as long as they make their profits.

[sujon5]

Elon Musk can't hurt Doge's reputation because there aren't a lot of people who take it serious. Doge is a meme pump-and-dump coin for most.

[velive08]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

sometimes this kind of thing for some people makes them profit, but some people make them lose. because as we know, many beginners are trapped by the news of elon musk. so we have to think smart in the future, whether this has the potential for us or just temporary hype

[Anonylz]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

So much for the institutional investors and adoption we all crave for, to be honest,  am not surprise, Elon is a businessman and as such must device a means to earn profit from his investment regardless,
whether he invested on dogecoin or not but he sure knows how to use his little tweets to manipulate the price making newbies to fall for it, this is always the game with big players, it shouldn't come as a surprise.

[AniviaBtc]

We have nothing to do with that because we are just a small investor compared to him who is a billionaire.

It seems annoying to us but he is just doing what is good for him, and we need to adopt on what is happening in the market.

Whales like him can really manipulate the market and we just need to make good decisions and effective strategies to somehow adjust on the market and still make it profitable.

[acener]

We shouldn't blame them it is the followers fault for messing the market, For being manipulated and easily trust people.
We are free to do what we want but we should also learn what to do on our own or do our own research.
I am sure those who also follow him lost some money so they would learn to do their own research now.
History repeat itself Elon Musk is now who are pumping crypto it is like back in Mcafee's time when he used to hype so much crypto.
Just let them do what they want and for sure they would learn on their own.

[Kakmakr]

Damn guys, you should look at his tweets as a long-term strategy and not short term gains. All of his projects fit together into a much bigger picture ...just look at the Tesla for instance.... he built the car and then backed it up with the massive electric battery factories and then the "Power wall" project and also the "SpaceX" project in the future, that would rely heavily on advanced batteries.

His space exploration are also linked to Starlink, that brought low latency, broadband internet system to consumers across the globe. So everything fits together....

So in future, he will need a Crypto currency for interstellar commerce or he will use Crypto currencies to fund some more projects quickly. (So he is telling people what he is doing with tweets and they can benefit from that too)  

[amishmanish]

--snip--
So in future, he will need a Crypto currency for interstellar commerce or he will use Crypto currencies to fund some more projects quickly. (So he is telling people what he is doing with tweets and they can benefit from that too)  

This pump on DOGE may feel insane but there is no reason it cannot go up in value as a cheap coin which several of the newbies will buy as their first crypto. I like the reasoning that Elon's tweet have a lot more method to the madness than we like to believe.

This pattern of behavior is not new for Musk. He has a tendency to side with the underdog. He had pro-GME tweets when wallstreetbets was coordinating the Gamestop squeeze by asking people to buy small amounts. The DOGE reddit is going through something similar. At the end of the day, it is your money to bet. If you end up winning, you can thank yourself. If you end up losing then too you gotta just blame yourself.

Just remember that there is no way to predict this market. Nobody knows when BTC will go down due to a flash dump by whales who will get a whiff of some negative legislation by SEC or someone else. We, the retail investors are the last to know. So put only what you can afford to lose. Targets, targets.

[blckhawk]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Well, we can't blame him because as investors with a lot of followers he is just doing what he needs to do and that is to make a profit. However, of course, those people who can be easily tricked are the ones that are in disadvantages as they losing a sum of their money. Hype in this market is nothing new, that is why for you to cope with trend just ride with it but make sure to know your limits because once they made an exit everything will fall. Being aware and smart are the prerequisites in this kind of market. This hype is proof that the crypto market can be manipulated in some sort.

[ILuckyGuyI]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Yeah, it's very dangerous for the people who are new in this market. Because they usually don't have a lot of information about cryptocurrencies and they just want to believe in the opinions of this kind of influential people. I really don't like that cryptocurrencies can be easily manipulated with only the statements of people like Elon Musk.

[bryant.coleman]

It is not Elon Musk who is messing up the cryptocurrency market. Blame the current state on stupid investors, who make their decision based on a single tweet by someone who has hardly any knowledge about cryptocurrency. When a cryptocurrency such as Dogecoin moves up in percentage terms 10 times more than Bitcoin (which is the original cryptocurrency), then you know that there is something wrong in the market. My assumption is that too many stupid people have become rich as a result of the current bull run and many of them are pouring their money in to shitcoins.

[jesselui]

This is what happens because of people trading, according to the words of this man. Cryptocurrencies have become very open to manipulation. This is dangerous.

[ninkdwi]

Since there are frequent tweets from prominent people, especially Elon Musk, making cryptocurrency prices seem centralized by one particular party which can move and reverse the crypto price in the market easily. well, when the decline is almost impossible in all markets, only stable coins like USDT have survived the fall in price. look at the current price of USDT, look no further, it continues to give other altcoin jealousy.

[Hughes_Ryan]

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

I think Elon is someone knowledgeable enough to target with many well-planned plans.  If traveling with blindness should fasten seat belts.  Elon isn't the one responsible for the fomo from the tweets but for Doge alone it's the most ridiculous fiction I've ever known.  They have used it as a support based on its broad community.