Elon Musk has become a god in the world of cryptocurrency today, because just one tweet on twitter can influence the movement of crypto, especially Dogecoin and also bitcoin, like some time ago, when he tweeted if Tesla no longer accepted payments using Bitcoin for the purchase of the car, and its impact we can see bitcoin has drastically decreased the market price, and a few days ago he tweeted again to collaborate with the Doge developer and the impact was very much on the doge price in the market which suddenly experienced a strong price push to go up from the previous doge price decrease.
I don't know what else will be tweeted by Musk but what is certain is that now every Elon Musk's tweet makes crypto prices move wild.
No, he's not. He could be one of the influential people joining crypto but seeing what he does, we can say that it is much better he never comes as his purpose not to adopt crypto but just giving false hopes for the majority. I don't know what else will be tweeted by Musk but what is certain is that now every Elon Musk's tweet makes crypto prices move wild.
Now the market is getting crazy and even in the forum, we can see and read a lot of threads talking about Elon and blaming him. And talking about Doge, investors must have prepared for the dumps. We can't actually see what is inside the mind of Elon and we know that his tweets gives a huge impact on the market price.
But everyone has their own choice to invest
It may take a long period of time before dogecoin has a good buy point for investors. The current price is too damn high and investing recklessly in doge coin at the moment can result in loss. Unless you are a trader, do not try to enter doge for a long time. Try to take profit because doge will soon be lower than $0.1
Ya trader doesn't care much about fundamental behind the coin.They just ride the hype and buy or sell at the right time
