Are some too blind to see?

[sana54210]

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

To be sincere I think all of us also wants to get that profit, if we are given the chance we will still do the same. And of course I do know for sure that a lot of us are making use of it for transactions and purchasing things online, but even at that we also invest money and we expect profit from it. If you were these billionaires I don’t think you will like to throw off your money in Bitcoin and leave it there, you will still come to a point where you will decide that you should take profit after the price goes up.

My advice will be that you take profit when you can. That’s what I do, because I have other works that I do, I take my profit and invest in other businesses and also invest in bitcoin when I can. It’s as simple as that.

[wahyu wida]

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

To be sincere I think all of us also wants to get that profit, if we are given the chance we will still do the same. And of course I do know for sure that a lot of us are making use of it for transactions and purchasing things online, but even at that we also invest money and we expect profit from it. If you were these billionaires I don’t think you will like to throw off your money in Bitcoin and leave it there, you will still come to a point where you will decide that you should take profit after the price goes up.

My advice will be that you take profit when you can. That’s what I do, because I have other works that I do, I take my profit and invest in other businesses and also invest in bitcoin when I can. It’s as simple as that.

even though we believe in bitcoin, we also have to be vigilant, because anything can happen here. I am also piribadi only a small part of the assets I have for investing in bitcoin, because here it is very risky, and of course I also share the level of risk in managing my assets, so that everything is safe under control

[btc78]

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!

With you having that belief , then yes Elon And Tesla is stupidly on the top .


But if you really understand market? Elon has nothing to do with this , Instead it is the other traders and Holders that make the difference now.

There is a FUD comes recently about Elon/Tesla selling the Bitcoin on their Hands but see? bitcoin continues to prove its strength .

[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

To be sincere I think all of us also wants to get that profit, if we are given the chance we will still do the same. And of course I do know for sure that a lot of us are making use of it for transactions and purchasing things online, but even at that we also invest money and we expect profit from it. If you were these billionaires I don’t think you will like to throw off your money in Bitcoin and leave it there, you will still come to a point where you will decide that you should take profit after the price goes up.

My advice will be that you take profit when you can. That’s what I do, because I have other works that I do, I take my profit and invest in other businesses and also invest in bitcoin when I can. It’s as simple as that.

I like your approach of taking a profit when you can or need the money. I try to do the same. The only difference for me is that I want to keep the money in crypto currencies. I will sell a coin if I need money for a new project, but I don't want to go for fiat money again. My trust in fiat money was lost during the last big crisis. Now all I see is rising debt levels each year with no end insight.

[blckhawk]

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

To be sincere I think all of us also wants to get that profit, if we are given the chance we will still do the same. And of course I do know for sure that a lot of us are making use of it for transactions and purchasing things online, but even at that we also invest money and we expect profit from it. If you were these billionaires I don’t think you will like to throw off your money in Bitcoin and leave it there, you will still come to a point where you will decide that you should take profit after the price goes up.

My advice will be that you take profit when you can. That’s what I do, because I have other works that I do, I take my profit and invest in other businesses and also invest in bitcoin when I can. It’s as simple as that.

Very well said. Billionaires did not enter the market just for fun or anything, they were here because of profit as we do. There will be a point where they are going to take profit and with that amount of holding they have there's a possibility that we might enter the bear cycle that is why before then enjoy the moments where you can take a pretty decent amount of profit take as much as can because we don't know what they're thinking. Though there is no sign of selling out right now still we should be always prepared.

[Ausgewielt]

I know that, but I think it is normal. Even we here to gain profit from cryptocurrency. Atleast Tesla give big positive sentiments for cryptocurrency market. Many news spread about tesla bought bitcoin, which mean that tesla give many benefits for cryptocurrency market. If we make a valuation about the news about bitcoin that caused by tesla then I think it is fair enough. Normally we should pay thousands or million dollar to make advertisements about bitcoin but we can get it free because of tesla.

[uneng]

What can people do about it? Whine at Musk's social medias? Crypto currency is a free market and investors can enter and exit anytime they wish. Nobody is forced to hold for the long run or until all other investors give them permission to start selling their holdings. Investors are here to make profit from their investments and it's not going to be different with Elon Musk. We can just hope his interest goes further than just flat profit and that he is a man of his word, fulfilling his promise of holding most of his personal and his company's bitcoins for the long run.

[Weawant]

You don’t have to worry that much my dear friend. If they profit, there will be a time that they won’t. They would exit after gaining but the aftermath is that, they will enjoy it and will come back to try it again. There will be times that they had to wait long in order to say that they gained profit already and exit.
 
Instead of being annoyed with the system, I guess you should know how to get along with it so you will not become the stupid people you mentioned that are not bothered. You will only hate it when you don’t benefit at all. So I think that’s the reason why you have this reaction.  Change  your side so you won’t be a hater.

Look at Elon Musk and Warren Buffet, Elon Musk took a side and took advantage of Cryptocurrency Warren did not and started to hate it. Who won it? It’s Elon since getting profit is just a bonus, having fun is the main deal.

[Argoo]

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

Yeah, read this today when Tesla released their business figures for the last quarter. It did surprise me that 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!

In my opinion, this is understandable. Any institutional investors invest their money in cryptocurrency not out of love for it, but for the sake of making a profit. Therefore, they will sell it at any time if, based on market movements, they deem it necessary to maintain or increase their profits. At first I thought that even though Elon Musk was doing it out of interest in cryptocurrency or sports pleasure, however, judging by his recent actions, he is the same as other businessmen. Moreover, his actions are even in many respects contradictory and illogical.

[bryant.coleman]

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

Welll... that was known to everyone. What were you thinking about Elon? Did you thought that he pumped Bitcoin just because he was attracted to it? Afterall, he is the second richest individual in this planet. And from what I have seen, the richer you are, the greedier you become. And Elon is not an exception. He wants to use cryptocurrency as a tool to increase his wealth. He is least bothered about the well being of cryptocurrency or its users. And let's not forget this - Mark Zuckerberg already tried this and failed.

[South Park]

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

Welll... that was known to everyone. What were you thinking about Elon? Did you thought that he pumped Bitcoin just because he was attracted to it? Afterall, he is the second richest individual in this planet. And from what I have seen, the richer you are, the greedier you become. And Elon is not an exception. He wants to use cryptocurrency as a tool to increase his wealth. He is least bothered about the well being of cryptocurrency or its users. And let's not forget this - Mark Zuckerberg already tried this and failed.

The problem with Mark Zuckerberg is that people don't trust him. He is a very secretive person and if he would try to publicly boost certain cryptos or stocks then I don't think people would actually follow him. With Elon Musk this is a complete different story. People look actually up to him and it seems that they trust in all the words he is saying. Unfortunately Elon Musk is exploiting that trust and uses his social media reach to increase his wealth.

Which means that like always we need to be very vigilant of what we do, just because a person is rich does not mean that he is a good person, we know that Musk cares only about himself and his companies, everything else is secondary to him, so I do not see why people still follow him when this is so obvious, but I suppose those people do not really have any other way to try to obtain profits from the markets, which is funny in a way because if they had left Musk alone and not listen to him then they will be in better shape and at least they will still have their fiat.

[Nunoluck]

I am here for profit too, but nobody complaint about it. Company should use their capital wisely so their money will not stop circulating. They have to invest their money. But the point is the big company like Tesla choose Bitcoin as one of their investment. In my opinion, if there is nothing special in bitcoin then I am not sure that Tesla will invest in it. The thing that must be underlined is Bitcoin is profitable enough so it can be one of the top investment choice.

[barbara44]

If you’re realizing that now, then I’m sorry to say that you’re late lol. I have been saying that for a long time that all those billionaires just wants to take advantage of cryptocurrency’s volatile nature and use it as a means to get even more rich and nothing else.

It’s just like when I saw a tweet that motivated Elon Musk to invest in Bitcoin, it was coming from one of his fellow billionaires (someone posted it here once) and he was telling Elon Musk that he can increase his money within a short time by investing in cryptocurrency and he also asked to meet him to share his portfolio. So that means he already planned all these things before investing. They are all about just making more and nothing else, they don’t care about cryptocurrency.

[Viscore]

If you’re realizing that now, then I’m sorry to say that you’re late lol. I have been saying that for a long time that all those billionaires just wants to take advantage of cryptocurrency’s volatile nature and use it as a means to get even more rich and nothing else.

It’s just like when I saw a tweet that motivated Elon Musk to invest in Bitcoin, it was coming from one of his fellow billionaires (someone posted it here once) and he was telling Elon Musk that he can increase his money within a short time by investing in cryptocurrency and he also asked to meet him to share his portfolio. So that means he already planned all these things before investing. They are all about just making more and nothing else, they don’t care about cryptocurrency.

I believe whoever comes in crypto the first goal is to make profits. Even how rich you are, you are not really here for crypto but the money that you can gained from it. Remember, rich people are even smarter than poor ones when it comes to money matters. They will definitely make ways so that they can keep adding more wealth into their possessions.

With Tesla engaging into crypto, Elon Musk is the person behind it. Before it decided to start accepting bitcoin as a payment, i think everything has been planned already. Now, Tesla has gained huge profits from crypto investment but some people are still blind to see.

[Crypto Fireside]

Wasn't there a report about Tesla making more from Bitcoin than they had ever made from making and selling cars?

[Smartvirus]

Upon seeing this thread's topic, I laughed and then hoped I wasn't among the blind once. Well, I guess that's not my position to decide as there would always be a view point or reason to the later for which might sound or seem stupid to the next person.

Anyway, bitcoin has come to a point in time where influential individual like Elon Musk, Whales and huge investors can actually manipulate the bitcoinmarket and it seems to work so well. So well because, the people have become so sentimental and with the government always around to fuel any fud in the sphere, the fud grows more stronger and you see investors actually selling off. For as many as those who can hodl, there would always be an ROI as at when due. Keep hodling.

[The Sceptical Chymist]

and tesla sales paid with Bitcoin are  ot being transferred to FIAT.

Do we know that for sure?  It seems like nobody here even has any data on how many cars Tesla sold for bitcoin, much less whether the company used a payment processor for those transactions or not.  But given how much of a supporter of bitcoin was in the beginning, I would think that Tesla wouldn't have a payment processor convert the bitcoin to fiat, but who knows?

And I know this is old news that OP was talking about, but I don't have any complaints about what Elon Musk did as far as bitcoin is concerned.  He's a businessman and he's allowed to change his mind on things--but I'm also not sure if the bitcoin hyping Musk did followed by the dump wasn't pure market manipulation on his part.  I'd like to give him the benefit of the doubt, but I have no clue what went on in his mind.  Guess time will tell.

[Kasabus]

I am here for profit too, but nobody complaint about it. Company should use their capital wisely so their money will not stop circulating. They have to invest their money. But the point is the big company like Tesla choose Bitcoin as one of their investment. In my opinion, if there is nothing special in bitcoin then I am not sure that Tesla will invest in it. The thing that must be underlined is Bitcoin is profitable enough so it can be one of the top  investment choice.

Tesla may have seen special potential in bitcoin that made them invest in bitcoin but as a big company, they have all the freedom to choose where they can make more profits and bitcoin is definitely their best choice.

Like any other billionaires, big companies are also taking advantage of the opportunities to accumulate more profits. I guess nobody would come into crypto and just ignore all the possibilities that would make them even more richer.

[irsada]

Consciously or not, Tesla has made big moves in crypto, especially bitcoin, as for the market manipulation that is happening right now, I prefer not to make decisions quickly, let them take what they started. everyone is free to do whatever they want.

[Anonylz]

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

Taking profit is one thing, funding is another,  and a continuous act on it is taking things overboard,  why turn back to fud an asset that gave huge profit within a short period of time! There could only be one reason for that, Musk want to buy cheap btc after dumping at ath, after all he is a business guy and knows how to make money and especially when to make a move, it is very logical,  anyone who sold btc at peak would want a chance to get in from below, being smart is part of the game.