Are some too blind to see? - page 4.

awik p

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Quote from: ShowOff on April 30, 2021, 06:01:20 PM

Quote from: taufik123 on April 30, 2021, 04:33:22 PM

Tesla became unstoppable whales. no matter what price Tesla buys bitcoin, the power to increase the price of bitcoin will be very large because of the influence of Elon Musk which provides a very fast stimulus for price increases, he is very influential.

Those who have large capital are able to arrange and drive the price according to what they want. We as traders or small investors and with minimal capital, of course, can only follow them. Be like them (whales) and follow in their footsteps.

Don't be swayed by FOMO, take your profits immediately and get out of the market.

I prefer to call it an institutional investor rather than just Tesla. Right now I think institutional investor have control over the bitcoin price because they have the power to pump up the price as well as dump the price. It is all because they have a lot of financial strength to represent their company. Their investment move is a good strategy for generating growing adoption and increasing the confidence of other investor in bitcoin. Meanwhile, we as trader can also take advantage of this moment to take profit of the sizeable price spike.

Because they won't keep their bitcoin forever, it's still possible to see a drop in price when some bitcoin are sold like Tesla did before. For this reason, it is a good idea to take profit of a fluctuating market.

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

Oilacris

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

Arent these things been known already? Of course they do jump off into this market for making out money just like on average joe been doing and this isnt something to be surprised on.

There's no need for you to be smart to tell that they are just coming here for profits.There might be some thinking about adoption or supporting but you cant really deny the fact
that we do all aim for the same reason.

It isnt being blind but rather these are just common things.People doesnt really need or necessarily to react because its way too obvious man.

ShowOff

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Quote from: taufik123 on April 30, 2021, 04:33:22 PM

Tesla became unstoppable whales. no matter what price Tesla buys bitcoin, the power to increase the price of bitcoin will be very large because of the influence of Elon Musk which provides a very fast stimulus for price increases, he is very influential.

Those who have large capital are able to arrange and drive the price according to what they want. We as traders or small investors and with minimal capital, of course, can only follow them. Be like them (whales) and follow in their footsteps.

Don't be swayed by FOMO, take your profits immediately and get out of the market.

I prefer to call it an institutional investor rather than just Tesla. Right now I think institutional investor have control over the bitcoin price because they have the power to pump up the price as well as dump the price. It is all because they have a lot of financial strength to represent their company. Their investment move is a good strategy for generating growing adoption and increasing the confidence of other investor in bitcoin. Meanwhile, we as trader can also take advantage of this moment to take profit of the sizeable price spike.

Because they won't keep their bitcoin forever, it's still possible to see a drop in price when some bitcoin are sold like Tesla did before. For this reason, it is a good idea to take profit of a fluctuating market.

taufik123

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Quote from: Cling18 on April 30, 2021, 02:09:21 PM

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.

Tesla became unstoppable whales. no matter what price Tesla buys bitcoin, the power to increase the price of bitcoin will be very large because of the influence of Elon Musk which provides a very fast stimulus for price increases, he is very influential.

Those who have large capital are able to arrange and drive the price according to what they want. We as traders or small investors and with minimal capital, of course, can only follow them. Be like them (whales) and follow in their footsteps.

Don't be swayed by FOMO, take your profits immediately and get out of the market.

Cling18

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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.

blue_nexus15

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█ J A X N E T W O R K █

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!

Silberman

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

You could be right and this means Elon is here only for the profits, however even if he is then who can blame him? Is it not that the reason 99% of the people that come to the market right now have to enter the market? However it seems Elon is stating that he did this to prove to some people on his company that selling his bitcoin was as easily as it was to buy it, it seems some people at his company were worried they were stuck in bitcoin and he decided to sell to prove them wrong.

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

Well I think it is time to wake up almost everyone in crypto industry enter to gain profit not just those billionaires,
Even the small investor enter here for profit so you couldn't blame them for taking up their profit.
Even you would take some profit or sell your crypto to Fiat when you need it.
It is normal in crypto or we who have seen this type of things happen or anticipated it aren't bothered because we know that it is normal to take profit are considered to be STUPID?

RealMalatesta

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

I don’t think there is anybody that can say that their reason for being here is not for the profit. Of course I do know that there can be other reasons , like using it as a payment method, but everyone has plans to make profit and this is no different with the billionaires that you’re talking about, they all have plans to make profit from their investment, they didn’t invest money in the market to lose it, no matter how much they try to hype.

Hyping it is even an advantage to them as a lot of people who see them hype these coins are going to pick interest and be investing in them and as the value is growing, the more money that these billionaires are going to be making, even more than those of us that are low and average investors.

AicecreaME

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

People who are not yet investing to Bitcoin or chose to ignore Bitcoin are not stupid, we have different choices in life, we just have to respect it and mind our own business. You can't force them to do the same even though Tesla already making profits on cryptocurrency, who knows they are just afraid of risking their money on it because it's just enough on their every day living, you can't blame them though.

We have different timelines and no one should rush each other to make a fortune. Let them do what they want to do, they'll make money in their own ways.

lienfaye

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

Well thats true, they invest to profit but majority of us has the same goal too right?

Tesla already sold 10% of their bitcoin and somehow it has an impact to the market knowing that they invested huge amount.

Its their way to take advantage the market and I dont see anything wrong. We all have the mindset to gain from our investment and so thats what they are doing.

Oceat

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Quote from: nightxglow on April 29, 2021, 11:53:48 AM

Of course everyone is going for the profit. If not, what's the use of all of these? The profit is main attraction of bitcoin in my opinion. I think other who said they use bitcoin since it's anonymous or convenient and such is only a minority. And even if tesla went for the profit, what's the problem? of course a company want profit for them, there's no way they are only doing it for charity by making bitcoin popular. Anyway we're still getting advantage from their action as well, so i don't think we should be angry, we should grab the opportunity as well if it comes.

It's their rights to make some profit and even if people keep on complaining they won't do a single shit about what they're doing. Some people can't accept the fact that they are making profit but didn't realized that they were investing more than what we people can and we should be happy to see Bitcoin pump to this level of price if not because of their investment.

Be a billionaire first then invest to Bitcoin if you want a long term investment for your future. Elon Musk and Tesla dod it for the plan of holding in a long term so it's not that bad if they would just want to get some profit from their investment.

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Quote from: Princejebs on April 29, 2021, 05:38:53 PM

Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

If Tesla decides to sell all the bitcoin in their holdings, I have this believe that bitcoin would remain bitcoin and will grow as time goes especially those who are have always hold for long term.
Every investment has a an entry price and exit strategy everyone used which is favourable for them, you can't detect for anyone when to sell and how to sell. It's their choice.
The only sensible thing I can draw from your point is opportunity cost but this work most of the time fro traders and not long term holders. We have some investors who don't check their wallet for almost a year. They don't care about the price for now but long term especially inflation.

and with regards to selling some portion of btc by tesla, elon clarified that it is only about 10% of tesla's holdings. maybe just want to prove something to his investors about the liquidity of bitcoin market. and yes, everyone is free to do what he wants with his btc holdings. after all, we are in the free market.
we cant expect these institutions to hold long term, if they see good opportunity, they may or may not take it. but crypto market doesnt revolve around them. there's more out there. so we should not confine ourselves to what may happen to crypto because of these few known companies that are into BTC

Ridwan Fauzi

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

That's true, indeed bitcoin is for long term investment. Yeah most bitcoin's user out there who hold bitcoin for at least two years will already got a lot of profit from their holding. Take a look with the bitcoin price two years ago, its price just touched $10.000 and trying to increase becuse its price is been able to touched $10.000 barrier after a huge crash two years back.

But, it is depend on the situation. Bitcoin price is more volatile than traditional investment place. We can see a huge different if we compare with the traditional investor, although its price just pumped then the price increase will not touch 100% or more than it. So, as the solution we need to pay attention that selling our holding is a good way when bitcoin meet a huge increase. There is a chance for bitcoin fall again since most crypto user will be afraid that the previous event just come again.

Princejebs

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

If Tesla decides to sell all the bitcoin in their holdings, I have this believe that bitcoin would remain bitcoin and will grow as time goes especially those who are have always hold for long term.
Every investment has a an entry price and exit strategy everyone used which is favourable for them, you can't detect for anyone when to sell and how to sell. It's their choice.
The only sensible thing I can draw from your point is opportunity cost but this work most of the time fro traders and not long term holders. We have some investors who don't check their wallet for almost a year. They don't care about the price for now but long term especially inflation.

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

Why should I care?

Say I bought Bitcoin @20000 or even sub 30, Tesla bought for 30+ and sold @60. They made profit, I made more profit. Why should I be bothered?

Do you even think about how many people bought @3000 and sold @20000? We still went above 20 after 2 years of bear market. I see no reason to sell because Tesla sold just as I did not see any reason to buy because Tesla bought.

If you followed them with your buy you can also follow them with your sell, be my guest.

Shasha80

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Quote from: nightxglow on April 29, 2021, 11:53:48 AM

Of course everyone is going for the profit. If not, what's the use of all of these? The profit is main attraction of bitcoin in my opinion. I think other who said they use bitcoin since it's anonymous or convenient and such is only a minority. And even if tesla went for the profit, what's the problem? of course a company want profit for them, there's no way they are only doing it for charity by making bitcoin popular. Anyway we're still getting advantage from their action as well, so i don't think we should be angry, we should grab the opportunity as well if it comes.

Anyone who invests in Bitcoin must have the main goal is to be able to make a profit, likewise with what was done by Tesla. Why does Tesla invest
in Bitcoin in large amounts, it is certain that Tesla is eyeing a large profit too. Therefore, if they are now taking profit, there is nothing to worry
about. Because we are also going to do the same thing with what Tesla did, and as you said we as Bitcoin holders are very profitable with Tesla
investing in Bitcoin. Since the price of Bitcoin can go up very high, we should take this opportunity for taking profit as well.

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

If you are here for making profit from crypto, then what's wrong with the billionaires trying to make profit from it? It's a decentralized free market. Anyone can join it. You can't stop them. Why should we be bothered that they are taking profit? Will you be bothered if I take profit from crypto? At least with them investing, more people are now knowing about crypto currencies. Tesla took some profit from crypto, but at least they are also accepting crypto as a payment method. Look at the bright side. Stop taking everything negatively.

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Quote from: Bravehash on April 27, 2021, 02:45:12 PM

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

I understand people who made a lot of profit and just want to take out and leave, however I do not understand people who get out when they are at a loss. Some say that they get scared and that is the reason but the reality is that I do not believe that the panic sales are that much of a problem, consider the fact that the price will always have down days even weeks, if you know what bitcoin is capable of you should know that we are talking about something that will eventually make a profit in the long run, so even if there are down days, it should mean that there should be up days as well and that is why people should be capable of profiting from this even if there are periods when they have unrealized loss.

Only reasonable approach to selling in my mind is if you think the profit is good enough and you just want to take out and live with that.

nightxglow

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Of course everyone is going for the profit. If not, what's the use of all of these? The profit is main attraction of bitcoin in my opinion. I think other who said they use bitcoin since it's anonymous or convenient and such is only a minority. And even if tesla went for the profit, what's the problem? of course a company want profit for them, there's no way they are only doing it for charity by making bitcoin popular. Anyway we're still getting advantage from their action as well, so i don't think we should be angry, we should grab the opportunity as well if it comes.

Topic: Are some too blind to see? - page 4. (Read 1060 times)