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.
Topic: Are some too blind to see? - page 3. (Read 1105 times)
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.
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.
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.
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.
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 .
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.
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.
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,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.
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.
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!
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,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.
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.
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.
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.
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.
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.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.
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.
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. 
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, Jump to: