A common enemy in the crypto world--Elon Musk!

[juanda]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！


But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

i don't hate it and i am not swayed by a tweet made by elonmusk. because what Elon does will only make us lose. and today it has been proven. bitcoin has dropped to under $ 50k. So I saw that many people lost their money just because of being influenced by elonmusk's tweet a few months ago.

[uneng]

Almost everyone is hating on him right now. There are a lot of things he is doing that harms others while he is gaining benefit. Instead of making him smile as people keeps talking about what he is doing, let us just focus on how we can still win at the game he is playing. Crypto is too strong to be ruined by a man who is worth billion in net worth but has no firm foundation with regards to crypto. Sooner or later, he would be nothing for all of us and those people who outsmarted him will only laugh at him for all the things he have done.

All small investors can do is to keep holding. The truth is that common individuals don't have any influence in this market. Whales play the cards and fishes follow their moves hoping to be benefited by them as well. My fear is that crypto currency totally loses its credibility because a billionaire proved he can play with prices, turning a decentralized environment into a totally centralized one around one individual by the free will of investors.

That is ironic and shocking.

[Oilacris]

Almost everyone is hating on him right now. There are a lot of things he is doing that harms others while he is gaining benefit. Instead of making him smile as people keeps talking about what he is doing, let us just focus on how we can still win at the game he is playing. Crypto is too strong to be ruined by a man who is worth billion in net worth but has no firm foundation with regards to crypto. Sooner or later, he would be nothing for all of us and those people who outsmarted him will only laugh at him for all the things he have done.

All small investors can do is to keep holding. The truth is that common individuals don't have any influence in this market. Whales play the cards and fishes follow their moves hoping to be benefited by them as well. My fear is that crypto currency totally loses its credibility because a billionaire proved he can play with prices, turning a decentralized environment into a totally centralized one around one individual by the free will of investors.

That is ironic and shocking.

Arent still get used to it? No market could really not be manipulative and we know that if we do talk about big money then theres always those whales or billionaires which could really have the potential or capacity on moving the market with just a simple tweet.

Come to think that it do even  move without any sentiment or news in the market knowing that crypto space isnt something that could be predicted.Its true that these fellas could really make out some impact

but doesnt mean that it would really be over.You can still ride with the waves if you are wise and clever enough even if you are just a small trader.

[Fivestar4everMVP]

Almost everyone is hating on him right now. There are a lot of things he is doing that harms others while he is gaining benefit. Instead of making him smile as people keeps talking about what he is doing, let us just focus on how we can still win at the game he is playing. Crypto is too strong to be ruined by a man who is worth billion in net worth but has no firm foundation with regards to crypto. Sooner or later, he would be nothing for all of us and those people who outsmarted him will only laugh at him for all the things he have done.

All small investors can do is to keep holding. The truth is that common individuals don't have any influence in this market. Whales play the cards and fishes follow their moves hoping to be benefited by them as well. My fear is that crypto currency totally loses its credibility because a billionaire proved he can play with prices, turning a decentralized environment into a totally centralized one around one individual by the free will of investors.

That is ironic and shocking.

Well, I don't really think you should have that fear cus cryptocurrency aren't going to loose its credibility, anybody in he's right senses know that cryptocurrencies are relatively new and as such, it doest have much volume yet to stand the manipulation or whales unnoticed, it's just a matter of time, as more people discover and start investing heavily in crypto, the crypto market capitalization will rise even higher than all the billionaires money put together, when we get to this level, trust me, even the worlds richest man can buy coins worth billions or trillions of dollars and the market won't shift an inch, just like it is in Forex today.
Anything new in the financial market will definitely be manipulated for sometime by the whales, until it completely out grow the whales who will no longer be able to manipulate it again.

[Shasha80]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！


But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

i don't hate it and i am not swayed by a tweet made by elonmusk. because what Elon does will only make us lose. and today it has been proven. bitcoin has dropped to under $ 50k. So I saw that many people lost their money just because of being influenced by elonmusk's tweet a few months ago.

You don't hate Elon Musk, because you're lucky not to be swayed by Elon Musk's tweets and don't suffer losses. But so many people were fooled
by Elon Musk's manipulation, not even just a lot of people buying Bitcoin at peak prices. However, many people are also disadvantaged because
they believe that meme coins will provide large profits. In fact, the price of meme coins is dropping and many people end up losing a lot of money.
From this incident, it teaches all of us that it is better not to trust others too much when investing in cryptocurrencies. Because sometimes there are
people who take advantage of their popularity and wealth to benefit themselves and harm others. Do your own research and analysis when deciding
to invest in cryptocurrencies.

[Flowzer]

But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

In my opinion, let them shorting btc and do the same (dont do long in futures, it just will make us throw money to them).
So, we will liquidated the long faster, while doing it we need to support every price of bitcoin in spot so we keep accumulated while we got profit by shorting it.
They will ended by buying btc in higher price if they cant catch the spot because we support it stronger.

[davide72]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！


But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

Do you think other people are better than him? in the world of crypto there are people far worse than him, just think of all those who manage the big exchanges do you think they are better than him? Indeed I have to tell you that maybe ELON MASK did the right thing, he did not harm anyone he did only what was better for him to do.

[guydin]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！


But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

As a matter of fact, Elon Musk is a very authoritative person in the crypto world. He is capable of increasing prices by 100 times.  We have seen it in dogecoin. And what happened after the performance of Elon at a conference on the 21st of July? We saw growth in Bitcoin from 30 000$ to 34 000$ in one day. So people still rely on him. Actually we have the same situation in other markets. For example, people follow the actions of Warren Buffet in the stock market as well. It is our choice to listen to others' opinions or not.

[bakasabo]

Elon Musk is a living example that there is a small step between hate and love. While people can easily "change their clothes" when having an opinion about someone. One day they love you, the other day they hate you. These kind of people are totally on a leash of others.

Just wait till Elon Musk makes something positive in relationship to crypto, and forum will be filled again with praise topics. Elon Musk is not an enemy, he is a dog owner (ha-ha, another parallel to dogecoin) and part of crypto community are his dogs.

[capcaypro]

Instead of hating him, I prefer to take advantage of the hype and tweets he creates. because hating people like elon would just be a waste of time for me and it's pointless. because even if he is hated by a few people it will not have any effect on him and precisely that way he will benefit more because apart from his huge fans he is also noticed by his haters and it is very profitable for him.
even if you don't like the manipulation he does but as long as his supporters are a lot you can't do anything.
what we can do for something like this is to follow the way he plays and create loopholes so that we can benefit from it.
if you just keep hating and do nothing, I think you're just doing something in vain and useless

[Nasuhalugu]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！


But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

Elon Musk is not what you say after making money from BTC then he says BTC with bad things. That's part of the strategy in my opinion.
To me, we are too stupid for ourselves to continue to think of others like that. If we think BTC is the best, then play each other's strategies so that other coins are not good.

[bitcon]

To my mind, we don't have to choose only one option. I mean either holding Bitcoin or working with alternative crypto currencies. To my mind, it is an absolutely working strategy when you divide your capital into two parts: one part is your long-term investment that you hold in BTC and other fundamental currencies, and another part is for fast and big earnings. This money you can invest in altcoins, in new defi projects and wherever you want and consider to be risky.

[bakasabo]

Elon Musk is a living example that there is a small step between hate and love. While people can easily "change their clothes" when having an opinion about someone. One day they love you, the other day they hate you. These kind of people are totally on a leash of others.

Just wait till Elon Musk makes something positive in relationship to crypto, and forum will be filled again with praise topics. Elon Musk is not an enemy, he is a dog owner (ha-ha, another parallel to dogecoin) and part of crypto community are his dogs.

Unfortunately, this is actually the case. As soon as the good news everyone praises him. But you are right in absolutely everything I have exactly the same opinion. But as I think Ilon should take care of his cars and touch the cryptocurrency less, so it will be calmer for everyone.

He is doing the exactly right thing he suppose to do as an CEO. He is not the person in charge of car, its software and etc development. With his involvement in everything, he promotes the image of Tesla and SpaceX.
He could touch or could not touch cryptocurrency, people will still connect everything that happens to the price with him. Actually, he is not touching anything, he is just expressing his thoughts, and people are the ones who create the hype around it.

[tvplus006]

As a matter of fact, Elon Musk is a very authoritative person in the crypto world. He is capable of increasing prices by 100 times.  We have seen it in dogecoin. And what happened after the performance of Elon at a conference on the 21st of July? We saw growth in Bitcoin from 30 000$ to 34 000$ in one day. So people still rely on him. Actually we have the same situation in other markets. For example, people follow the actions of Warren Buffet in the stock market as well. It is our choice to listen to others' opinions or not.

In addition to Musk, other well-known personalities in the crypto community were present at the conference, so it was not only his merit that caused the BTC price to rise at the beginning. At the same time, Tesla published a report for the 2nd quarter, which indicated a loss of about $ 20 million from the purchase of bitcoin. So Elon Musk also has an interest in seeing the price of BTC increase.