Making investmets based on Elon Musk Tweets

[yazher]

You have to be there before the tweet happens though since by the time the tweet was published, I think that it is already too late. Also, it will be difficult but really profitable if you were ever to buy one coin that he was supposedly supported.

That's right because anytime he could reverse what he said and those who invested late most likely suffer if they are not fast enough to sold their coins whenever he take back his positive statement again. A risky thing to do but those are the things you need to consider if you ever want to invest base on that man's tweet.

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[dezoel]

Yup, you’re right. A good investor will always try to get on anything and turn it to his own favor. There really is no need to be complaining about the market, because complaining from morning to night is not going to bring any solutions at all, rather you’re just going to be there and complaining until you’re tired and have achieved nothing.

Instead of complaining you can just start looking for opportunities that you’re going to use to turn everything to be better for you. The problem with a lot of investors here that I have noticed is that they act like the price can never go down. They are forgetting that in investments, there’s always a risk, the profit doesn’t come all the time.

[sapnu]

We're not actually trying to support Elon Musk instead we are trying to outsmart him in the game he is playing. If we would just keep on complaining and hating him, it would eventually fire back to us as we do not commit anything that can make our investments better. Everyone should learn how to defeat an enemy through his own weapons. Find a hole in every situation or find a pot of gold in every end of a rainbow because no matter how bad the market appears today, there is more to it that will surely benefit us all if we will be strategic and faithful with our investments.

[nhaila]

Actually most of the investors and traders following some idols but sometimes idols make some valueless activities. A few days ago elon musk declared , his car tesla company suspended bitcoin but before tweeted this he again declared, his all assets should be invested in Bitcoin. What's a wonderful uneven tweet about cryptocurrencies!!!

[ReiMomo]

You have to be there before the tweet happens though since by the time the tweet was published, I think that it is already too late. Also, it will be difficult but really profitable if you were ever to buy one coin that he was supposedly supported.

That's right because anytime he could reverse what he said and those who invested late most likely suffer if they are not fast enough to sold their coins whenever he take back his positive statement again. A risky thing to do but those are the things you need to consider if you ever want to invest base on that man's tweet.

Pity to them because they don't know how bitcoin will work and how will work your investment in bitcoin. If they will rely upon Elon Musk's tweet, they are the most foolish thing on earth, the whole thing they know about bitcoin investment was a short period of making a profit.

It should be a long-term purpose of investment, if you are always looking at the market price every minute, that is just wasting your time.

Elon Musk here are most people ignored, because of the fact that he was manipulating the market and gain his own interest just because of his power.

[Streets 2.0]

Investing on the basis of someone's statements is not a very good thing. More precisely, rather stupid in my humble opinion. Especially when it comes to such a cunning as Elon Musk, then the case is not good at all! In two months this guy changed his "opinion" by 180 degrees, so this is a completely fickle unit and there is no trust in him after that.

[kawetsriyanto]

No need to make an investment in crypto-based on Elon Musk's tweets. Only newcomers who do that and invest based on hype and FOMO.
Once you get the price drops, you will blame yourself, you will blame Elon, and you will blame the crypto world because losing money so much easier. Additionally, those who only follow what Elon tweets will only think and care about the profits. they will not think about being ready for the risks. This is irony because today, many people are also doing like this.

[livingfree]

Investing on the basis of someone's statements is not a very good thing. More precisely, rather stupid in my humble opinion.

Very bad decision if someone has to relay on his tweets. Sadly, I've seen people who are saying that they've bought because of Elon's tweet.

Especially when it comes to such a cunning as Elon Musk, then the case is not good at all! In two months this guy changed his "opinion" by 180 degrees, so this is a completely fickle unit and there is no trust in him after that.

And he's likely to keep on changing his words from time to time until he has made a lot of money and tweets that he just took advantage of everyone. If he do that, it's really disheartening for those people who believed him.

[ILuckyGuyI]

The best thing we can do is to adapt to Bitcoin's volatility and manipulable structure. Maybe we definitely don't like Elon Musk's manipulations. But we also know that we have nothing to do to be able to prevent it for good. So, if we learn to benefit from it as good as possible, it will be much better for us.

[Viscore]

The best thing we can do is to adapt to Bitcoin's volatility and manipulable structure. Maybe we definitely don't like Elon Musk's manipulations. But we also know that we have nothing to do to be able to prevent it for good. So, if we learn to benefit from it as good as possible, it will be much better for us.

We can't do nothing about Elon Musk as we can't stop the dump and pump market of this crypto world. So there's no choice but we should learn to live all of these. The high volatility of crypto will always stay so we should always be ready on how to react into market's condition positively.

And if by chance newbies will only depend their  investment based on Elon's tweets, it will definitely make their investments hype but remember things like this are just temporary. It's like Mc Afee who's presence is no longer in demand right now and might be forgotten as well. So invest based on the good fundamentals of the coins and your own good analysis and not just the hypes made by selfish celebrities.

[Yamifoud]

No need to make an investment in crypto-based on Elon Musk's tweets. Only newcomers who do that and invest based on hype and FOMO.
Once you get the price drops, you will blame yourself, you will blame Elon, and you will blame the crypto world because losing money so much easier. Additionally, those who only follow what Elon tweets will only think and care about the profits. they will not think about being ready for the risks. This is irony because today, many people are also doing like this.

It probably for the newbies to get a slip to it as they usually following big names, and Elon Musk is one of those. These newcomers had no-how in the market happenings and it was easy for them to just rely on someone who has been crypto market already. While seeing known personalities tweeting, do social media promotion is got their intention and most likely, it will take injected into their mind.
And these market manipulators taking the advantage of it while these innocent and fresh minds just learning.

[Luqman]

I am not someone who is good enough in selecting coins or tokens or even analyzing the graphic for trading. but, I am really not interested in what Elon musk tweets. I know that many people are influence by his tweets and the market is also influenced because of what news that he spreads. And I really hate this.
Unfortunately, many public figures and also newcomers are also following him, and this makes the crypto market runs much more volatile.

[Kez1817]

Those who just make investments through Elon Musk tweets has no knowledge about bitcoin and has no strong foundation that's why when the market suddenly dropped they are the one who panic selling and back out in bitcoin. Elon Musk is a great influencer but much better if that time that you are influenced by him , you also start searching and learning about bitcoin or cryptocurrency to gain more knowledge and not just rely on Elon Musk word. Bad news and good news are both have a huge effect in crypto market and the ups and down on the value of coins are normal and it was what trader wants in order to earn huge profit, but for the holders, you still need patience until market recover again.

[KeikoKitagawa18]

Theres a lot of my friends who buying bitcoin and doge because of elon musk, when elon tweet something about crypto they straight go into the market and buy that coin (doge). But right now the tweet from elon musk isn't affected the market like previously, i think most people already realize elon just trolling us.