Elon musk changed the market circles - page 3.

_IRMAN

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Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

I think it's not just about Elon Musk. As we know some large companies have started to look at cryptocurrencies, and this is what keeps the price of crypto on the rise.

Mr.sprin

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the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.

Flor1982

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Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

I think Elton Musk's participation in the Cryptocurrency market this year is just right because the mass adoption will be even stronger. He is one of the most respected people in the world in which most of the people will follow him. If he did not invest in Cryptocurrency especially in Bitcoin, probably the bear market will be inevitable due to existing Big Whales which are truly known for market manipulation.

longyenthanh

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Quote from: Malam90 on February 16, 2021, 08:13:28 AM

When a big figure like Elon Musk who is the head of few world's top business organizations like-TESLA, SPACEX, THE BORING COMPANY supports cryptocurrency, normally it puts huge positive impacts on the cryptocurrency markets. Most of times, cryptocurrency market faces lack of confidence but after Elon Musk's support, market now stands on a strong base and investors are getting ground for their investment. ‍

I totally agree. Now the question is how many companies will do the same as Elon Musk and Tesla. I am thinking not only about the fact that he has invested a lot of money, but also about the fact that he will start accepting cryptocurrencies as a form of payment. I think this in the long run could have an even greater impact on the cryptocurrency market than the investment itself.

Malam90

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When a big figure like Elon Musk who is the head of few world's top business organizations like-TESLA, SPACEX, THE BORING COMPANY supports cryptocurrency, normally it puts huge positive impacts on the cryptocurrency markets. Most of times, cryptocurrency market faces lack of confidence but after Elon Musk's support, market now stands on a strong base and investors are getting ground for their investment. ‍

NeverSop

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Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Exactly Elon created a magic trick, It spurred momentum from the community's mentality to a starter trend he saw and turned it into his advantage to boost profits. A powerful stimulant that Elon Musk created with Tesla. That won the communist bear. Something did not awaken the bears or it was won over by covid. Lol

longyenthanh

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Quote from: optimisticcm on February 14, 2021, 03:21:31 PM

Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

We are in bull market and just like 2016 and 2017 it will stay for atleast a year this time around too and as far as Elon Musk's role is concerned i do not think there is anything wrong as long as he is positively impacting the market.

You wrote that this time the bull run will also last about a year. And this thread is just that this time the bull run won't last a year. It is because of Elon Musk's actions that many more companies will follow him, which will make this bull run last much longer. And no one really can predict how long.

optimisticcm

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Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

We are in bull market and just like 2016 and 2017 it will stay for atleast a year this time around too and as far as Elon Musk's role is concerned i do not think there is anything wrong as long as he is positively impacting the market.

FanEagle

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Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

It is not good that one person posses this much power, I really do not like it and I hope that people soon realize that following one rich person with your money is not a great idea. In the end they will do whats best for them and you will be left hanging in there, I personally think the cleverest thing you could do is do what they are doing but not what they are saying, they will say anything they want to say and anything they will profit only them, but if you do what they do there is a chance you could make a lot of money.

In the end I am trying to get my money higher and bitcoin is already quite high, I do not think that circles could be broken but only postponed and until that moment I am going with the alt season, that is at least a lot better and I can go on with that a lot easier as well. It is just stupid to make your financial decision based on a rich guys tweets.

CryptocurencyKing

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On the topic, its more like influence on not change. It's a tricky thing and all traders are involved as to making it work, a single prediction using what ever means avail to him and himself @Elon Musk investing especially when he does announces it is sure to bring in other investors not limited to you and i and just like that, a not so major move would be experienced in the market. Its a normal thing and a soon to be common reoccurring phenomenon about this rich crypto enthusiast. Hope he does sell his ideas to the many anti cryptos around the world to give cryptos another chance.

MCobian

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I was also quite surprised, it turns out that Elon Musk's influence is truly devastating. Made a very significant difference, ever since Elon Musk
shilled Bitcoin. Finally it can attract many large investors to invest in Bitcoin, I am very grateful to Elon Musk for supporting Bitcoin until now.
Hopefully there are other rich people who can promote Bitcoin. If we look at the price of Bitcoin which continues to rise and even today Bitcoin
has managed to reach the new ATH. This is the most beautiful Valentine's Day gift in my opinion.

VanDeinsberg12

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Quote from: Sendi blackspade team on February 13, 2021, 10:42:46 AM

Quote from: avarnet on February 13, 2021, 09:03:58 AM

It turns out that many also hate what Elon Musk is doing. indeed not everyone agrees what he did with the Tweet. he easily makes the market go up or down according to his own will. of course this is a mistake. The securities or related institutions should be able to re-examine what Elon Musk was doing. as this could also be indicative of a self-benefit scheme

looks like a game of rich people with large capital in the crypto market. nevertheless what Elon did is controversial. some support it, some are dropping it. however, people with big names and their own capital have different strengths from small traders and investors.

it's always people with large influence that can do much in crypto market or stock market.
But, they only kinda pisses me off if they misuse their influence into trapping people that faithfully follows them into buying some trash coin and then he took the opportunity to dump.
In this case we don't know elon's motive but he seems didn't take advantage of the opportunity, though we can't be sure because elon never transparent to his crypto posession which is definitely not a problem since it's his right.

Xxmodded

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I am waiting when Elon Musk make new tweet about Doge coin because last night I have bough Doge coin, when have new tweet from Elon Musk will make Doge coin back to higher price, maybe last two days without any tweet from Elon musk about cryptocurrency bitcoin or doge coin, I am waiting and hope tonight he make new tweet about Doge coin to make price will up.

so98nn

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That’s not 100% correct actually. We already had a correction when bitcoin reached 40k usd for the first time. The prices dropped and stayed constant at 32-35K for very long. Yes the comparative time for stability was very less because at that price (lowest for the time being) many investors jumped in with their millions. On the other hand this was the time when Elon Musk opened up his magical movement with bitcoin and made the updates regarding Tesla Payment etc.

It was but obvious to hype the prices in very short period of time. Correction happened but with less liquidity since it had more market cap than the required limits.

The current price may not seem corrected but it won’t go down as well since the market cap capabilities are increased to next level now. Get ready for even bigger hike.

Text

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Why blame Elon? He did not say that they should obey and believe what he said. No matter how famous or influential he may be, you should also have your thoughts and decisions. I also saw his tweets about DOGE and because I also found out from others, but did I buy? No. I researched information about this coin so I was able to take action. If I miss earning because its price goes up as others do, that is no case for me. It's really up to you if you are affected like everyone else and you should also take steps on what you really should do. Think and be prepared for whatever may happen, even if you lose you can accept without remorse.

Mahanton

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Quote from: CaVO32 on February 13, 2021, 06:49:09 PM

Quote from: Japinat on February 13, 2021, 06:46:08 PM

Quote from: coin-investor on February 13, 2021, 06:00:07 PM

Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.

He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.

I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.

This is not good especially for those newbies in crypto. They thought they will get rich quick but most of them don't know what they are getting into. So yeah, I read some of the comments from Elon's tweets, that they lost money because of him. People should educate themselves when it comes to crypto and not rely with famous people when deciding to invest their hard-earned money.

You would really expect that those kind of blames will really be part of this market.You would see it anywhere as long those people
do really lost up money then they will find someone who would really be blamed off. Elon did really change or make effect on the market due to that
recent purchase of worth billions but doesn't mean that this will be a permanent one. Market will continue to rise and decrease depending
between sellers and buyers. Fundamentals isn't really something bad for you to look on but don't heavily rely with that.

CaVO32

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Quote from: Japinat on February 13, 2021, 06:46:08 PM

Quote from: coin-investor on February 13, 2021, 06:00:07 PM

Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.

He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.

I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.

This is not good especially for those newbies in crypto. They thought they will get rich quick but most of them don't know what they are getting into. So yeah, I read some of the comments from Elon's tweets, that they lost money because of him. People should educate themselves when it comes to crypto and not rely with famous people when deciding to invest their hard-earned money.

Japinat

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Quote from: coin-investor on February 13, 2021, 06:00:07 PM

Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.

He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.

I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.

coin-investor

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Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.

Distinctin

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Quote from: AmoreJaz on February 12, 2021, 05:40:05 PM

Quote from: Distinctin on February 12, 2021, 05:38:00 PM

Quote from: udayantha11 on February 09, 2021, 10:35:30 PM

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Bear market will always come no matter how bullish the market now, there's no way we have this parabolic increase increase consistently, the volatility of the market will exist and that is after a bull run, correction happens. Let's not focus on that yet, the market is so bullish, it's good to play with it while it's still here as it might take another years for a bull run to come again.

just a matter of time before we will see the bearish season. but before it happens, enjoy this moment and take advantage of the opportunities that it may bring to you.
we are fortunate that there are big names supporting the community, not only by word but actual investments to crypto. their move actually lessen the hesitations of those people who are still looking at crypto as fraud. lets get real here. there are still people who are considering crypto being used only in illegal activities because thats what they are hearing from news. but if these names or big companies are getting inside, then maybe they will start educating themselves whats really in store for them in crypto

Investing now doesn't mean investing in the future, some investors can play the market with their influence to do a price manipulation, with Elon's status he can do that, yes, we have to be thankful that he touched crypto this year, it made some profitable but I don't know if these people who get into FOMO will still enjoy once the correction starts, or do they know what they are doing?

Topic: Elon musk changed the market circles - page 3. (Read 861 times)