Are some too blind to see?

[btc78]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

So what are you suggesting? Yeah Big investors are here to profit What about you? what are you doing here?

Don't be stupid enough and Accept the fact that we are all here to Make money , from smallest investors to the Biggest.

So don't feel Loser when they Bag money and you don't because this is a Trading community and all are wanting to make money.

[Poker Player]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

What a crock of shit. And why are you in bitcoin? If you have any. For a charitable cause? What has made Bitcoin successful is the profitability and that is why so many people invest in it. Then we can talk about the alternative to the current monetary system, etc., but if it were not for how profitable it has been, it would no longer exist today. It would be a failed project.

[nicecrypto]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

I dont understand if there are still people that dont think that, People or institutions make investment for profits. I understand how some most claim they feel about the technology but I have always believed that every one gets into investing, be it in Cryptocurrency or what ever because they want to make profit so it is not surprising if they take some profits. 

[Ucy]

Taking profit in what way? From Crypto to fiat?
Well, I think the profit taking should be done in  a way that does not cause panic to people. This is one of reasons I believe it important that Bitcoin is used more within the Bitcoin economy (mostly decentralized economy) and only sell for fiat occasionally  especially when you need some money for other important things you can't get on the Bitcoin economy.
  If you can't afford to have much of your fund in Bitcoin then don't invest too much. Better to Invest some of the little cash you have lying around on Bitcoin once in a while rather than spending them on things that are bad for you or things you don't need. Investing amount you can afford to risk would help you stay calm during high volatility or turbulence.

[Bravehash]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Do these people have a choice? It's hard to ride the whale activity.

Let these stupid people you are referring to come up and make their own strategy. They can turn that situation into an advantage if properly executed.

Mind your own business.

I don't see you minding your own business mate, isn't that why you replied to my post? The reason why I believe this is a good advice is because many newbies have the thought that people like Elon musk will forever be holding their coins even when price is surging, I'm only advising then to take some profits at least..

[iv4n]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Do these people have a choice? It's hard to ride the whale activity.

Let these stupid people you are referring to come up and make their own strategy. They can turn that situation into an advantage if properly executed.

Mind your own business.

I don't see you minding your own business mate, isn't that why you replied to my post? The reason why I believe this is a good advice is because many newbies have the thought that people like Elon musk will forever be holding their coins even when price is surging, I'm only advising then to take some profits at least..

And what's your advice here? To be honest, I don't understand the point of your thread, and I don't see any advice here...
People are free to do whatever they want with their coins... we are free to do what we want with our coins! Musk is just rich and popular, so his moves are followed and discussed, when he makes a profit it's usually big, but he risks more money at the same time!

Basically, you call me stupid because I am not bothered with rich people taking profit from crypto? Well, I am not! I don't care about them, what they do is good marketing for crypto, and that's the only important thing in my opinion! If you think these rich people can move the market with their actions you can follow them... at least they tweet about their buying and selling, so you can buy and sell when they do that, and you will make a profit! Probably a lot less, you will risk less money and you will make less profit!

And in the end, why would anyone hold their coins forever?! Do you plan to take them on "another world"?! You make money to spend money and enjoy life, to buy yourself comfort, to invest further in the things you like more, or mean more to you... coins or fiat, gold or tomato, you cash out what you have (if you have) when you need it, for whatever, it's on you!

[bittick]

I mean, what do you expect? they're putting their money to crypto for some reasons and charity is definitely not one of the reason. I'm more surprised of why people so shocked by the fact that tesla is cashing out their money when they see they could get the profit. The other instutional investors also definitely gonna eventually take profit and it's just matter of time but if they are holding long term by then the market gonna be strong enough to not massively affected by the institutional investors dumping. The most important thing is that the market could sustain the sell off and it seems to be recovering though slowly.

[FanEagle]

Tesla recorded $101 million dollars as profit from crypto transfers on their balance sheet. That means, these profits were realized from crypto sales, even though Elon Musk tweeted "future hodl" just a few days ago. It's also not really clear if these profits come from bitcoin or also doge sales. It's kinda fishy, but as long as people believe in what Elon does, who cares!

I do see it like kind of "prepared" balance sheet to satisfy tesla investors. They need to "escape" from the investors' negative sentiment for their involvement in cryptocurrencies as investments in cryptocurrencies is Elon Musk's personal fantasy and got nothing to be part of an automobile company. So, when they say they are in profits due to that $1.5 Billion crypto investments then no more questions will be raised.

I agree these profits may be from dogecoin manipulation or from bitcoin investments still it is from crypto space and this does not mean that Tesla or Elon Musk will no more involve into crypto space. They may continue as usual but here after Tesla share holders may not blame like before.

[goldade]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

There is a particular thing you should know. Many of those (in fact more than 70%) who got into bitcoin and cryptocurrencies at large did so in the bid to make profits. So I find it not surprising that even Tesla made that much profits just from crypto.
It is, however, possible that the sale of crypto isn't just from bitcoin alone. There might have been some other crypto in their portfolio.
In addition, it is noteworthy to know that Elon Musk shouldn't be confused with Tesla even though he owns it.

[paxmao]

Whatever if it's Tesla or Microstrategy, do you really believe them when they brag on Twitter saying "we're here for a long time! HODL!"?
Nope, they're here to make profits, not for charity. They will take any opportunity to make money, no matter how the market is going. They will keep buying and selling later.
(I read that the Tesla company sold 10% of its bitcoin portfolio)

...

I think they are taking a quite naïve approach to bitcoin and crypto. We all know that it is not too difficult to speculate with bitcoin and that you can potentially play the pump and dump, however that approach is far from being the best in bitcoin history. Those who hodl have had a bumpy ride, yet they have profited greatly basically doing nothing except waiting.

I think that contrary to all intuition, the right way of doing things in bitcoin is to expect to profit without doing anything. Just buy some, live your life as usual and that is pretty much it.

[davis196]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

What exactly do you want to say with your post?
People are investing into cryptocurrencies to make profits.Is this wrong?Do they have to buy crypto coins for another reason?The investors aren't buying coins for charity.They aren't buying coins,because they like blockchain technology or cryptography.They buy,because they want profits.
Anyone has the right to chill and hype any coin or stock he/she wants to hype.Everybody has a personal opinion.Everyone chooses to trust or distrust the opinions of other people.
Why should people be bothered of Tesla making profits from crypto trading?Is this wrong or illegal?

[pinggoki]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Yes, the best example of this is Elon Musk and his company Tesla in which they are putting their money into crypto investments to become more billionaires. All of the hype and trolling that Elon Musk is doing is just a show in order to make a gype on Twitter especially in the market. Maybe people are brightly seeing this kind of actions but yet they are unaware of this kind of actions made by famous people and big investors like Elon Musk.

[fiulpro]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Are we forgetting how Elon Musk Manipulated the crowd through twitter??
Let's be clear about one thing.
Most people are here for the profits.
Not just tesla but normal people on the forum also. It's actually why anyone tries anything these days, at the same time it's not wrong As Long as they take care of the community as a whole. For me what taking care of the community is :
1. Educating more people about it
2. Not making the dump worse
Now who can indeed make the dump worse ?
-Whales
If there is a dump of even 1-2% what whales might do is mass dump everything to actually save their savings and at the end of the day what they are doing is pushing other holders and people down the drain.
Now what they can do is :
Keep holding which can maintain the price, it would be stable for most of the part and at the end of the day if they do want to sell they should do in parts. Having this much share of the market is a big responsibility.
End of the story : there is nothing that we can do about these whales and big companies.

[darewaller]

I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins

Yeah, they are not doing for the benefits of crytpo space nor for this community but for their own. No one will care others when it comes finance. So, being careful is most important thing and also how effectively we are going to make use of their hype will be the key here.

We could not expect them to become long-term holders or as we cannot prohibit them from participating in this crypto space; I mean nothing is out of our control but expecting them to sell off at any time and planning our investment according to that will definitely help us without getting trapped by their plans.

[Sterbens]

Whatever if it's Tesla or Microstrategy, do you really believe them when they brag on Twitter saying "we're here for a long time! HODL!"?
Nope, they're here to make profits, not for charity. They will take any opportunity to make money, no matter how the market is going. They will keep buying and selling later.
(I read that the Tesla company sold 10% of its bitcoin portfolio)

I like your mind, it's looking at the business angle, and it's all about profit nothing more than that. They use the bitcoin condition without being part of those fighting for Bitcoin rights. Actually there are no friends in business. Like Tesla and some big companies. What they wanted to gain was the profit from what they held and exchanged for Fiat. It's just a bus stop, waiting and going, coming back cheap then going again. As long as they take advantage of this condition, there is only one answer, which depends on the profit offered..

[Mauser]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Eben though tesla bought a lot of Bitcoin's, it's just a small size compared to the overall market. We saw in the last few days that the bitcoin price dropped a lot,just to rebound again. Should we all be selling our coins just because Elon Musk is doing it? I don't think so. Let him take his profit and leave the market, we are here for the long haul.

[ninkdwi]

People have their own perspective and even if a billionaire decides to sell his bitcoin, there is no reason for us to do the same thing.  Of course, billionaires also need to profit to maintain their enterprise but in a long run, bitcoin always increases the price. It is up to an individual whether he wants to hold bitcoin for a long term or sell it for a short run profit

You are right, the point is that according to our individual needs we cannot manage, they have the right to sell or hold. while it does not disturb the order of the holders and does not spread excessive FOMO. sometimes many people spread FOMO and tweet immediately sell your Bitcoin. whereas they themselves hold it back and profit from the sales of other people tempted by FOMO. as if spreading panic.
so please, do it according to their interests and needs. while not harming many parties.

[Snappycoco]

You cant blame those who have a soft handed mentalities. These people are afraid to lose money in any case necessary. I believe what they also have is just an exact amount to live their daily lives unlike these billionaires who could lose something and not care much about it. Put up their shoes and you'll see.

[Kakmakr]

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Do you really think any company are going to invest in Crypto currencies for the "utility" or for "charity"? These companies can obviously see profit potential in Crypto currencies and they will chase those profits.

Elon Musk also said, "I did not sell any of my bitcoins" ...Why did he tweet that?... because he knows something is going to happen in the future with his companies or other companies and it is obviously going to be done with bitcoins. (He will sell, when the Moon happens)  

[NelfiNovita]

Just as Tesla did and let be honest, in their own shoes we would do the same. Unless you don't want that your company makes money.
This said, companies shouldn't be blamed because they're 'full of money and own thousands and thousands of BTC. I believe it's called the "success".
If we are not rich like them, blame ourselves

We cannot fully use our own opinion about the price of bitcoin and altcoin because we also have to follow what the biggest investors like Tesla are doing. if we follow what the richest investors do, we will definitely get the same benefits as them, therefore we have a lot to learn from experienced investors.