Are some too blind to see?

[acener]

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

Well I think it is time to wake up almost everyone in crypto industry enter to gain profit not just those billionaires,
Even the small investor enter here for profit so you couldn't blame them for taking up their profit.
Even you would take some profit or sell your crypto to Fiat when you need it.
It is normal in crypto or we who have seen this type of things happen or anticipated it aren't bothered because we know that it is normal to take profit are considered to be STUPID?

[Silberman]

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

You could be right and this means Elon is here only for the profits, however even if he is then who can blame him? Is it not that the reason 99% of the people that come to the market right now have to enter the market? However it seems Elon is stating that he did this to prove to some people on his company that selling his bitcoin was as easily as it was to buy it, it seems some people at his company were worried they were stuck in bitcoin and he decided to sell to prove them wrong.

[blue_nexus15]

Agree with you on this.  Although, Elon and Tesla are the ones who are driving a hot trend with bitcoin and the crypto world.  He remains the protagonist of a huge mental urge and impact on bitcoin's value, Doge.  But no one knows, whether Elon will maintain or recreate their shares in bitcoin.  Billgate even said Yes to bitcoin, but would not follow Elon's game.  Benefits, Profits are the main things that make up our ambition.  DYOR and do not let emotions govern by abuse!

[Cling18]

Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.

[taufik123]

Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.

Tesla became unstoppable whales. no matter what price Tesla buys bitcoin, the power to increase the price of bitcoin will be very large because of the influence of Elon Musk which provides a very fast stimulus for price increases, he is very influential.

Those who have large capital are able to arrange and drive the price according to what they want. We as traders or small investors and with minimal capital, of course, can only follow them. Be like them (whales) and follow in their footsteps.

Don't be swayed by FOMO, take your profits immediately and get out of the market.

[ShowOff]

Tesla became unstoppable whales. no matter what price Tesla buys bitcoin, the power to increase the price of bitcoin will be very large because of the influence of Elon Musk which provides a very fast stimulus for price increases, he is very influential.

Those who have large capital are able to arrange and drive the price according to what they want. We as traders or small investors and with minimal capital, of course, can only follow them. Be like them (whales) and follow in their footsteps.

Don't be swayed by FOMO, take your profits immediately and get out of the market.

I prefer to call it an institutional investor rather than just Tesla. Right now I think institutional investor have control over the bitcoin price because they have the power to pump up the price as well as dump the price. It is all because they have a lot of financial strength to represent their company. Their investment move is a good strategy for generating growing adoption and increasing the confidence of other investor in bitcoin. Meanwhile, we as trader can also take advantage of this moment to take profit of the sizeable price spike.

Because they won't keep their bitcoin forever, it's still possible to see a drop in price when some bitcoin are sold like Tesla did before. For this reason, it is a good idea to take profit of a fluctuating market.

[Oilacris]

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

Arent these things been known already? Of course they do jump off into this market for making out money just like on average joe been doing and this isnt something to be surprised on.

There's no need for you to be smart to tell that they are just coming here for profits.There might be some thinking about adoption or supporting but you cant really deny the fact
that we do all aim for the same reason.

It isnt being blind but rather these are just common things.People doesnt really need or necessarily to react because its way too obvious man.

[awik p]

Tesla became unstoppable whales. no matter what price Tesla buys bitcoin, the power to increase the price of bitcoin will be very large because of the influence of Elon Musk which provides a very fast stimulus for price increases, he is very influential.

Those who have large capital are able to arrange and drive the price according to what they want. We as traders or small investors and with minimal capital, of course, can only follow them. Be like them (whales) and follow in their footsteps.

Don't be swayed by FOMO, take your profits immediately and get out of the market.

I prefer to call it an institutional investor rather than just Tesla. Right now I think institutional investor have control over the bitcoin price because they have the power to pump up the price as well as dump the price. It is all because they have a lot of financial strength to represent their company. Their investment move is a good strategy for generating growing adoption and increasing the confidence of other investor in bitcoin. Meanwhile, we as trader can also take advantage of this moment to take profit of the sizeable price spike.

Because they won't keep their bitcoin forever, it's still possible to see a drop in price when some bitcoin are sold like Tesla did before. For this reason, it is a good idea to take profit of a fluctuating market.

especially as small traders like us, who should be able to follow the rhythm of the waves of the whales' game. lest we go against the flow of their journey, because it can endanger ourselves. we have to be careful for now, where big investors will not hold their investment continuously, and in essence they are looking for profit

[haidil]

Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.

it's not that we can't, but we need to do it step by step. you don't need to be rich to start, many bounty hunters are now looking for capital and then use it for trading and storing their coins little by little will benefit,

[TheGreatPython]

especially as small traders like us, who should be able to follow the rhythm of the waves of the whales' game. lest we go against the flow of their journey, because it can endanger ourselves. we have to be careful for now, where big investors will not hold their investment continuously, and in essence they are looking for profit

I believe that just following the flow of whales will be beneficial for small traders. At the same time individual investors should not expect whales to be holding forever. These days even individual investors are not ready to hold for long period because they want to keep multiplying their capital instead of waiting for a long period, so obviously institution and whales may book profits at some point of time and individuals should be making decisions just before them to ensure maximum benefits.

[Golftech]

Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.

it's not that we can't, but we need to do it step by step. you don't need to be rich to start, many bounty hunters are now looking for capital and then use it for trading and storing their coins little by little will benefit,

Improving your chances will helps you to grab this opportunities, but like what the post above said, rich people have

a much higher chance to grab since they do have enough funds to invest, that advantages really seperate rich and

ordinary investors. Musk is really taking everything he's enjoying while benefiting from his chosen venue of investment,

must need to create our own system to get our share.

[jaysabi]

Isn't some users here are the same? They have profited out of bitcoin too so what is the difference of Tesla and the other retail investors? We are not blind, it's just that we see that taking  profits is a normal thing for any investing, you need to grow up and accept that this is the reality, if we were blind though, could you do anything to stop Tesla from profiting out bitcoin?

The reasonable people here need to keep a healthy distance from people like OP who chug the Koolaid and work themselves into a lather about anyone who doesn't think in the same unreasonable terms as them. Bitcoin would probably have a better reputation and wider adoption if so many people advocating for it didn't act like they were in a cult.

Is there something wrong with Kool-Aid?  I like their mascot Kool-Aid man. Distancing is one way to address problem with OP but the better alternative in my opinion is to understand the argument and try to put your argument against them to have a healthy discussion and hopefully have OP change his/her perspective on the subject or at the least acknowledge it.

Koolaid is a euphemism for people who are in a cult. You can't reason with people in a cult, that's why they're in a cult in the first place; they're incapable of logical reasoning. So no, it's a waste of time. You identify the cult members and you stay clear of them and don't take anything they say seriously.

[fullhdpixel]

I believe that just following the flow of whales will be beneficial for small traders. At the same time individual investors should not expect whales to be holding forever. These days even individual investors are not ready to hold for long period because they want to keep multiplying their capital instead of waiting for a long period, so obviously institution and whales may book profits at some point of time and individuals should be making decisions just before them to ensure maximum benefits.

Following whales is one way to go, but for the past 6 months or so, buying when the price crashes and selling when it can't go up anymore has been a great strategy and that has worked all the time but more obvious these days. I mean think about it, you are basically just watching. If you see the price crashing, let it crash and when you see that the price stops and doesn't go down anymore, it just gets stuck or even maybe slightly higher, at that point you end up buying.

After that you start waiting for it to go up, and it reaches to a point where for nearly a week it doesn't go up anymore, and that is when you end up selling it at the top. This has happened god knows how many times in a row now and people are still fearing when it goes down, and hopeful when it goes up, I have seen people buy at 60k+ and sell when it is under 50k with fear, those are the only people who could make a loss during such a great market.

[nakamura12]

It is created for a single purpose which is to earn profit from the people that use it just like the dogecoin. Even government wants to earn money from the people who know about cryptocurrency and use it. Elon musk did grab the opportunity to earn profit because of the hot trend and many people are even asking if dogecoin will reach $1 at the end of april or at the end of 2021.

[verita1]

Tesla, MicroStrategy, Grayscale like any of us invest in bitcoin for profit. The distribution is fair and we give thanks to its creator Satoshi for making bitcoin possible. Because the traditional means of protecting capital from inflation and making a profit is doubtful in many ways. As long as big companies like Tesla win in bitcoin, the better our future and the economy will be.

[Peanutswar]

Tesla already joins to the world of cryptocurrency and by that, they need to take advantage, if you are one who got encouraged with their bitcoin payment to have a tesla I think this becomes a failure soon because the market volatile the market can reach up the 100k USD prediction and I think if you hold those coins than buying one tesla this might help you to buy more than that. Right now there are another promising from Elon and company which is the Doge with the target of 1 USD is this just a trap or rocket investment no one knows.

[wiss19]

Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.

it's not that we can't, but we need to do it step by step. you don't need to be rich to start, many bounty hunters are now looking for capital and then use it for trading and storing their coins little by little will benefit,

Yes these are the only viable things, those individual investors and traders could do against those institutions/corporate/whales. We know why those big people are participating in crypto space but how effectively we are competing against them are just moving along with them is up to individual crypto people's capability and preferences.

Overall, everyone how is continuously monitoring all the news and events of crypto space, definitely aware of institutions hand in crypto markets but I believe they must be prepared themselves to face the consequences in positive manner.

[iamsheikhadil]

Agree with you on this.  Although, Elon and Tesla are the ones who are driving a hot trend with bitcoin and the crypto world.  He remains the protagonist of a huge mental urge and impact on bitcoin's value, Doge.  But no one knows, whether Elon will maintain or recreate their shares in bitcoin.  Billgate even said Yes to bitcoin, but would not follow Elon's game.  Benefits, Profits are the main things that make up our ambition.  DYOR and do not let emotions govern by abuse!

If there's no utility or importance of something, no matter how much hype it gets, it gets stabilized and not get any influence after a certain period of time because people stop responding, so I don't think the price fluctuations of crypto is totally because of the influence of the likes of Elon Musk. Yes, dogecoin was pumped to a lot of degree but that's also because it had the potential, else it wouldn't simply jump that much. Remember, once Trump when he was the President called Bitcoin a scam, and am sure a President's remark can influence much more than a businessman's words can, yet Bitcoin didn't plummet!

[FIFA worldcup]

Agree with you on this.  Although, Elon and Tesla are the ones who are driving a hot trend with bitcoin and the crypto world.  He remains the protagonist of a huge mental urge and impact on bitcoin's value, Doge.  But no one knows, whether Elon will maintain or recreate their shares in bitcoin.  Billgate even said Yes to bitcoin, but would not follow Elon's game.  Benefits, Profits are the main things that make up our ambition.  DYOR and do not let emotions govern by abuse!

Everyone wants to make profit and so is Elon musk and his company tesla. The only thing which makes them distinguish is that they have the monetary control and power. They can buy a lot of bitcoins to pump the price but at the same time they can dump a lot of bitcoin to make the market move in their direction.

They can and will manipulate he market with all the money they have. You can see one example where Elon musk is manipulating the Dogecoin price with his tweets. You never know how much he is earning by such pumps and dumps by trading dogecoin at the backend.

[iphone5s]

Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.

it's not that we can't, but we need to do it step by step. you don't need to be rich to start, many bounty hunters are now looking for capital and then use it for trading and storing their coins little by little will benefit,

Yes these are the only viable things, those individual investors and traders could do against those institutions/corporate/whales. We know why those big people are participating in crypto space but how effectively we are competing against them are just moving along with them is up to individual crypto people's capability and preferences.

Overall, everyone how is continuously monitoring all the news and events of crypto space, definitely aware of institutions hand in crypto markets but I believe they must be prepared themselves to face the consequences in positive manner.

So I will interpret that we will only be a small thing for those who really buy without being hindered by the amount of money in their wallets. At least we want to try to move forward one step at a time. even though all these people feel to be like them.

Overall, everyone how is continuously monitoring all the news and events of crypto space, definitely aware of institutions hand in crypto markets but I believe they must be prepared themselves to face the consequences in positive manner.

They had indeed prepared all this without thinking to buy in large quantities. They will have a team that is always active to see the prices that will appear every time.