Lucius
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October 16, 2021, 11:00:51 AM |
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~snip~
I agree, most people are prone to panic when they see that their investment is losing value, and just then you need to be mentally strong and realize that you won’t lose anything if you don’t really sell at that point. Although following examples from the past, those who bought BTC in late 2017 and decided not to sell had to wait several years to recoup their investment or make a profit - which is a rather difficult task, especially for those who invest the money they need in everyday life.
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ultrloa
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October 16, 2021, 11:07:31 AM |
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If Tesla (EM) did not sell all that BTC, then it would be more accurate to say that it is an unrealized profit - and EM has stated that it has no intention of selling that BTC, although this may change at any time.
This lol. Technically, it really isn't considered as "profits" if the assets haven't been sold yet in the first place. It's quite misleading, but I guess Cointelegraph's goal was to make it misleading enough to trick people into talking about it, and here we are. 🤷♂️ Yep, it's just book value. But teaching people this is really difficult. I recently had a case with a friend. He had bought Doge and in the meantime he had a "profit" of about 120%, but he had not sold and now stands at -10%. He complained it's not fair that all of his profit is gone now I then told him there is no profit until you sell. So you never made a profit, and so you never lost a profit. He looked at me like I was out of this world. Typical newbie mistake and they complain nor regret their action made that's why its good not to be greedy since market is not always shooting up, that's why sometimes newbie should realize that they should learn to take profit while they are in learning process yet and they do the hodl beliefs if they became a experience trader since for sure they will not complain about negative outcome on their decisions.
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Wildwest
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Vave.com - Crypto Casino
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October 16, 2021, 11:13:35 AM |
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That is a very fantastic profit but if the sale has not happened then it has a high possibility that the profit is greater or will be reduced, In investing long term we have high hopes to get a profit even though the risk we face is also very high but we also have to be ready in any situation do not panic easily because price changes always occur all the time, Although for now the tesla company only gets a profit that is still realized but I am sure they will sell it as soon as possible.
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Wawa2013
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October 16, 2021, 12:00:18 PM |
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That is a very fantastic profit but if the sale has not happened then it has a high possibility that the profit is greater or will be reduced, In investing long term we have high hopes to get a profit even though the risk we face is also very high but we also have to be ready in any situation do not panic easily because price changes always occur all the time, Although for now the tesla company only gets a profit that is still realized but I am sure they will sell it as soon as possible.
As long as Tesla has not sold the Bitcoin they own, it can't actually be said to be profitable. Because the price of Bitcoin can fall suddenly, then what Tesla has to do is immediately sell the Bitcoin they have. If Tesla doesn't sell Bitcoin immediately, there are two possibilities, the first if the price of Bitcoin goes up Tesla can make a bigger profit and the second possibility is that their profit will decrease because the price of Bitcoin goes down. I also think like you, Tesla will soon sell the Bitcoin they have, because their goal is to invest in Bitcoin to make a profit. So with the price of Bitcoin now already high, I'm sure Tesla will not miss the opportunity to take profit. The question is how much Bitcoin they will sell, whether they sell all of it or only sell part of it. This is only Elon Musk and other Tesla shareholders who know about it.
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michellee
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October 16, 2021, 12:32:34 PM |
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That is a very fantastic profit but if the sale has not happened then it has a high possibility that the profit is greater or will be reduced, In investing long term we have high hopes to get a profit even though the risk we face is also very high but we also have to be ready in any situation do not panic easily because price changes always occur all the time, Although for now the tesla company only gets a profit that is still realized but I am sure they will sell it as soon as possible.
That is not a surprise if Tesla is making a huge profit from bitcoin because they can buy bitcoin in any amount with a large amount of money. They can sell some of their bitcoin to get their money back and buy back again after the correction comes. But I do not think they want to sell it right now because they have a long-term target to sell their bitcoin. It is an example of what the big company did and even if we can not do the same as them, we can trying with small money and not going to sell in the short term.
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Rampagoe004
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October 16, 2021, 12:50:13 PM |
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The considerable profits they get in the not too distant future, although for Elon musk the $1 billion is not so big for him that they continue to maintain and they do not sell for now, and they believe the value of bitcoin will continue to increase so that the company will have a high possibility of adding to their assets in trading, Investing in the long term is indeed a greater risk but if the value of bitcoin increases as it is today then the benefits obtained are also large as felt by the Tesla company.
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Sir Legend
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October 16, 2021, 01:01:18 PM |
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This is a big profit, it even takes thousands of Tesla units to get big profits like now, the Tesla analyst team certainly deserves a high award and this is our inspiration to dare to invest in bitcoin or other cryptocurrencies.
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RILWAN
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Global peace initiative
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October 16, 2021, 02:01:09 PM |
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Apparently holding/trading bitcoin makes more money for tesla than building/selling cars. Which makes me wonder... why don't tesla dump their car business and become a full time bitcoin holder/trader? They would mage huge profits. The investors will be even rich. The stock price of tesla would go nuts. Tesla would become a huge crypto hedge fund being managed by Elon. Why get all the headache with EV's batteries and crap? Just buy and hold b-t-c.
Tesla has already gained many profits from its Bitcoin holding, even more than they growth network in a year and the time-space that tesla made this profits from Bitcoin within six months which shows positive signs.
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Kodok Bencot
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October 16, 2021, 02:33:30 PM |
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The power of money is indeed king, what Tesla has produced is of course through a long journey so dare to buy more than 40k btc and I'm sure they have more than 100k bitcoins because various sources say there has been a large flow of transactions since April.
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YuginKadoya
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October 16, 2021, 02:40:42 PM |
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Apparently holding/trading bitcoin makes more money for tesla than building/selling cars. Which makes me wonder... why don't tesla dump their car business and become a full time bitcoin holder/trader? They would mage huge profits. The investors will be even rich. The stock price of tesla would go nuts. Tesla would become a huge crypto hedge fund being managed by Elon. Why get all the headache with EV's batteries and crap? Just buy and hold b-t-c.
Tesla has already gained many profits from its Bitcoin holding, even more than they growth network in a year and the time-space that tesla made this profits from Bitcoin within six months which shows positive signs. Tesla has surely gained from its past holdings, aside from their bitcoin investment, a tesla car will surely cost you $83,740 USD I think that will be the cheapest one if I am not mistaking, from that viewpoint Tesla is surely a billion worth company and Elon Musk is sitting on it, and it is a huge possibility that his Cryptocurrency investment was just his fast time, he can surely buy Bitcoin even if the price is at bull run, and he can dump anytime he wants, but If I would put myself in Elon Musk's shoes, I would surely do the same as well, in getting on board on a boat ride with bitcoin and other cryptocurrencies.
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so98nn
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October 16, 2021, 03:57:50 PM |
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If Tesla (EM) did not sell all that BTC, then it would be more accurate to say that it is an unrealized profit - and EM has stated that it has no intention of selling that BTC, although this may change at any time.
This lol. Technically, it really isn't considered as "profits" if the assets haven't been sold yet in the first place. It's quite misleading, but I guess Cointelegraph's goal was to make it misleading enough to trick people into talking about it, and here we are. 🤷♂️ I think it’s best for us. Know why? Because we are talking about this and spreading the word about two things here, one the Crypto space and second the Tesla. Both of them are getting famous here. Well, let’s talk about crypto for that matter. From this news we at least have confidence that there is around 2+ billion dollars as fixed amount in it and is one of the many resistance for the same. Moreover by reading this many users do think about crypto in different angles as we are long here. This also brings another lot of peeps to crypto world.
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mindrust
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October 16, 2021, 04:39:46 PM |
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Apparently holding/trading bitcoin makes more money for tesla than building/selling cars. Which makes me wonder... why don't tesla dump their car business and become a full time bitcoin holder/trader? They would mage huge profits. The investors will be even rich. The stock price of tesla would go nuts. Tesla would become a huge crypto hedge fund being managed by Elon. Why get all the headache with EV's batteries and crap? Just buy and hold b-t-c.
Tesla has already gained many profits from its Bitcoin holding, even more than they growth network in a year and the time-space that tesla made this profits from Bitcoin within six months which shows positive signs. That's what I am saying. If they made that much profits, why make cars anymore? Apparently you can make much more from crypto than making cars. Just get rid of the car department and turn tesla into a full crypto fund managed by the world's smartest man, Elon Musk. I think majority of the shareholders would jizz in their pants when they hear that.
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haidil
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October 16, 2021, 05:04:44 PM |
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Actually Tesla is profitable or not, I don't really care about it. Because it was clear that it was an advantage that no one would get for a short time. So the point is we just hope that Tesla's investment is not solely to take part in the profits, but as a form of support for Bitcoin itself. In the future, if Tesla announces that it has sold all of its Bitcoin holdings, who else will we see as heroes?
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Oilacris
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October 16, 2021, 05:25:37 PM |
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The power of money is indeed king, what Tesla has produced is of course through a long journey so dare to buy more than 40k btc and I'm sure they have more than 100k bitcoins because various sources say there has been a large flow of transactions since April.
We dont know if they had accumulated more coins after that 40k btc that they had purchased on because everything is untraceable or anonymous when it comes to this manner and thats the beauty of bitcoin. When it comes to profits then it would be sky on the limit and its normal that to those who had invested big then its just normal that they would really be earning more on the time that the market turns out to be bullish. This is the benefits that you could but of course it goes the same when you do lose money but considering on how early Tesla made out some buyouts then it was really just a good call.
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elisabetheva
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October 16, 2021, 05:26:44 PM |
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The considerable profits they get in the not too distant future, although for Elon musk the $1 billion is not so big for him that they continue to maintain and they do not sell for now, and they believe the value of bitcoin will continue to increase so that the company will have a high possibility of adding to their assets in trading, Investing in the long term is indeed a greater risk but if the value of bitcoin increases as it is today then the benefits obtained are also large as felt by the Tesla company.
may of course have to be known too, that long-term investment certainly does not have as big a risk as you think. if we invest in bitcoin, it is a very good one for the long term. so that it is known that every 4 years there is a reduction process so that it will make bitcoin continue to increase and will reach renewable ATH. if possible what you say for altcoins I might agree, but certainly not for bitcoin. why until now Tesla himself feels confident by keeping it, because the halving will make bitcoin continue to increase and will not fall below the last ATH after the halving.
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Hamphser
Sr. Member
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Activity: 2604
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Vave.com - Crypto Casino
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October 16, 2021, 06:10:27 PM |
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The power of money is indeed king, what Tesla has produced is of course through a long journey so dare to buy more than 40k btc and I'm sure they have more than 100k bitcoins because various sources say there has been a large flow of transactions since April.
We dont know if they had accumulated more coins after that 40k btc that they had purchased on because everything is untraceable or anonymous when it comes to this manner and thats the beauty of bitcoin. When it comes to profits then it would be sky on the limit and its normal that to those who had invested big then its just normal that they would really be earning more on the time that the market turns out to be bullish. This is the benefits that you could but of course it goes the same when you do lose money but considering on how early Tesla made out some buyouts then it was really just a good call. Sorry for those who had missed out and a joyful thing for those who had risk or take some gamble for them to buy bitcoin earlier.You are right that profits will really be no limit depending on how much you had invested or capitalize with it and it will correlate on how much you could possible make. 1 Billion profit isnt something small imho but i doubt that tesla had only sell out a portion and the rest was been hold up. It cant be considered profit if it wasnt materialized.
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dupee419
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October 16, 2021, 06:28:08 PM |
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This kind of pump will probably be not enough profit from Tesla and Elon Musk, they'll probably hold this for the future, Elon definitely has a plan assigned to those bitcoins, but if I do own that amount of Bitcoin, that's definitely a huge profit, but if you have a huge responsibility like Elon does, then the current price will definitely not be enough, considering that the budget of Tesla is more than enough for 10 years, then they'll definitely hold this for the future.
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Hypnosis00
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October 16, 2021, 09:21:28 PM |
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This kind of pump will probably be not enough profit from Tesla and Elon Musk, they'll probably hold this for the future, Elon definitely has a plan assigned to those bitcoins, but if I do own that amount of Bitcoin, that's definitely a huge profit, but if you have a huge responsibility like Elon does, then the current price will definitely not be enough, considering that the budget of Tesla is more than enough for 10 years, then they'll definitely hold this for the future.
That could he think about more pump and bullish market in the future and so the company doesn't sell it yet. They have the purpose of holding which we don't know yet and this is also happening to the other companies. Rich people don't care about today but for the future and this is not to wonder why big companies are not bothering to sell their Bitcoin but instead, they keep buying more and filling their bags. But for those small investors, it is probably they've selling it now.
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livingfree
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October 16, 2021, 11:18:44 PM |
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This is a big profit, it even takes thousands of Tesla units to get big profits like now, the Tesla analyst team certainly deserves a high award and this is our inspiration to dare to invest in bitcoin or other cryptocurrencies.
Do they have such award and recognition? Whoever is the one that suggested to Elon to invest in bitcoin shall be rewarded by them but I think it's Elon alone that has made the right decision. He flamed the market and manipulated it not knowing by most that they're already in.
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Dhaniii
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October 17, 2021, 04:54:43 AM |
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That is a very fantastic profit but if the sale has not happened then it has a high possibility that the profit is greater or will be reduced, In investing long term we have high hopes to get a profit even though the risk we face is also very high but we also have to be ready in any situation do not panic easily because price changes always occur all the time, Although for now the tesla company only gets a profit that is still realized but I am sure they will sell it as soon as possible.
As long as Tesla has not sold the Bitcoin they own, it can't actually be said to be profitable. Because the price of Bitcoin can fall suddenly, then what Tesla has to do is immediately sell the Bitcoin they have. If Tesla doesn't sell Bitcoin immediately, there are two possibilities, the first if the price of Bitcoin goes up Tesla can make a bigger profit and the second possibility is that their profit will decrease because the price of Bitcoin goes down. I also think like you, Tesla will soon sell the Bitcoin they have, because their goal is to invest in Bitcoin to make a profit. So with the price of Bitcoin now already high, I'm sure Tesla will not miss the opportunity to take profit. The question is how much Bitcoin they will sell, whether they sell all of it or only sell part of it. This is only Elon Musk and other Tesla shareholders who know about it. I understand from the topic presented by the OP in Telegrah, tesla has sold 10% BTC in Q2 and tesla has made a profit of 1 billion from holding bitcoin in the sense that they have sold BTC when the bitcoin price reached its highest level in Q2 ago before the price correction occurred the market fell $38k. Last June Tesla re-adopted 5,000 BTC until 2022 which means they have entered the second phase where now bitcoin has returned to the price of $61k.
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