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Topic: Are some too blind to see? - page 8. (Read 1108 times)

hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
April 27, 2021, 06:04:46 PM
#8

It's the nature of man. The more money you have the more powerful you could have. More BTC more powerful you could be in the future.

The doge is Elon's toy, this is why we always remind investors it's just a meme coin created as a joke. The developer of doge confirmed is something they just did for fun but eventually, a lot are using it. And Elon just tried to make it funnier while he tries to profit from it.
hero member
Activity: 1274
Merit: 622
April 27, 2021, 05:56:17 PM
#7
I guess it would be dumb to expect something else from a big company like Tesla. They needed people to hodl, so they did everything to raise overall trust towards Bitcoin. But when the time came..they started making a profit, it's just business, they probably could've lost millions if they acted otherwise.
However, I'm surprised that Tesla did it so soon, did they also succumb to the widespread nonsense that the market will go bearish?
On the other hand, 10% isn't that much, Tesla still kept the majority of its Bitcoin holdings.
legendary
Activity: 2436
Merit: 1008
April 27, 2021, 04:31:31 PM
#6
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

Do these people have a choice? It's hard to ride the whale activity.

Let these stupid people you are referring to come up and make their own strategy. They can turn that situation into an advantage if properly executed.

Mind your own business.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
April 27, 2021, 04:18:03 PM
#5

Whatever if it's Tesla or Microstrategy, do you really believe them when they brag on Twitter saying "we're here for a long time! HODL!"?
Nope, they're here to make profits, not for charity. They will take any opportunity to make money, no matter how the market is going. They will keep buying and selling later.
(I read that the Tesla company sold 10% of its bitcoin portfolio)


Just as the majority of people in the crypto sphere: only interested in speculating on Bitcoin and a big bag of shitcoins, but have zero real use.
A lot of them don't even have their own wallet, they keep storing their coins in exchange platforms and use it as their first and unique wallet.

Just as Tesla did and let be honest, in their own shoes we would do the same. Unless you don't want that your company makes money.
This said, companies shouldn't be blamed because they're 'full of money and own thousands and thousands of BTC. I believe it's called the "success".
If we are not rich like them, blame ourselves
full member
Activity: 700
Merit: 182
April 27, 2021, 02:14:07 PM
#4
There is 2 thing what we have to admit no.1 everyone is coming here or invest in crypto to make profit. That means when he got profit he can exit. What is doing everyone. Tesla is doing same because tesla just taking out a percent of profit not the whole investment. Because he might needs funds to better his business. So why he can't take? And he is still holding bitcoin. Do you know why elon make billions of dollars. Because he knows how to make money?  Where he can make money? And if they know that place they don't take exit from there they just take a little break. Where bitcoin made elon masks investment double then why he will leave. They know if they exit the whole market will crush badly. Its a strategy of stock market too. And 2nd thing he confessed that he sold only 10% from his profit not the whole investment. To make a balance on bitcoin liquidity. So in my opinion its not a bad step because now lots of people take entry too. Other people’s opinion could be different. Thank you.
legendary
Activity: 2436
Merit: 1362
April 27, 2021, 01:57:23 PM
#3
and tesla sales paid with Bitcoin are  ot being transferred to FIAT.

The vast majority settle for what they have even though they complain, they cannot
see a way out when they know they want something different, Bitcoin can be seen
as an unknown risk.

All it takes is a little education

To take the OnePlus motto "Never Settle"
tyz
legendary
Activity: 3360
Merit: 1533
April 27, 2021, 01:49:06 PM
#2
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

Yeah, read this today when Tesla released their business figures for the last quarter. It did surprise me that Tesla recorded $101 million dollars as profit from crypto transfers on their balance sheet. That means, these profits were realized from crypto sales, even though Elon Musk tweeted "future hodl" just a few days ago. It's also not really clear if these profits come from bitcoin or also doge sales. It's kinda fishy, but as long as people believe in what Elon does, who cares!
member
Activity: 196
Merit: 11
April 27, 2021, 01:45:12 PM
#1
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
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