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Topic: Elon musk changed the market circles - page 7. (Read 861 times)

full member
Activity: 1024
Merit: 100
February 10, 2021, 03:27:17 AM
#12

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

bears will definitely come, but not now. therefore always be prepared for this possibility. although crypto now has good fundamental support, the current market growth feels like a big bubble. so one day it will definitely break, and this will create a very big bear. so if there is a correction later, it is better to be careful. because it might be one sign that the trend is over.
copper member
Activity: 238
Merit: 1
Buy Bitcoin in Dubai | Buy Bitcoin in Istanbul
February 10, 2021, 03:15:18 AM
#11
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 ?


Everyone questioning Bitcoin and other cryptocurrencies lately. The possible scenario of 2018 scares everyone. The huge buyout of Elon changed sentiment in the market. The increasing price will urge other public companies to invest in cryptocurrencies soon. Literally, Elon rescued cryptocurrencies from falling. It will be a precedent for many other companies.
full member
Activity: 1120
Merit: 101
February 10, 2021, 01:02:26 AM
#10
it just hasn't come. I believe this market will undergo a correction. If you have been in this market even before 2017, you should also know how to market experience moves. The market is currently at its peak but won't erase any future corrections. the crypto market will always be like that.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 10, 2021, 12:57:36 AM
#9
I will say that the situations will be different in 2018 as this year we see more companies invest in bitcoin, which can trigger the other people to follow what that company did. With Elon Musk paying attention to crypto, especially for bitcoin and dogecoin, it boosts bitcoin and dogecoin to increase, and people are investing in both coins. Perhaps, it is easy to influence other people to follow the step if we have power, and Elon Musk success to do that.

The market correction itself already comes to us, and we already see the price, whether bitcoin or altcoin price was up and down many times, so we can have a chance to make a profit. I guess this situation will be like that this year, but we must still be careful with anything that can happen.
full member
Activity: 854
Merit: 108
February 09, 2021, 11:59:50 PM
#8
We'll see what Elon Musk does in the coming days regarding Bitcoin, but the fact that the richest man in the world wants to become a Bitcoiner is a good thing. With 44 million followers on Twitter, Elon Musk has a big influence in which Bitcoin and its holders will surely benefit. Also, It will be a great thing if he uses his aura to help as many people as possible to truly understand the liberating power of Bitcoin.
sr. member
Activity: 1221
Merit: 250
February 09, 2021, 11:55:44 PM
#7
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 ?



And who said how quickly and when the correction should come? A bull market can last several months or even several years. It's true that Musk's behavior made cryptocurrency market much more active, but he started doing it during the bull market. I'm sure he couldn't have done it at the bear market.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 09, 2021, 11:33:47 PM
#6
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 ?


That is likely to happen when someone, an influential person talks publicly. He did the right thing for me, everyone who is investing in crypto making the benefits out from this and they are happy the way the market hypes.

We can't stop it now, Bullish season has come stronger and stronger. People are now buying more believing that $100k will be the next ATH causing the demand to tend to go higher as well. I do respect dumps but that was a shortcoming and at the end of the day, it will turn back high again.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
February 09, 2021, 11:10:07 PM
#5
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 might be true consider we have no institutional investors a few years ago but this time it's a bit different. Crypto has been starting to build the fundamental support since the last dump and this time the institutional investors have been making it even stronger than before. More and more institutional join in crypto and that will make the old trend will not repeat again.

We have passed the date when the bearish market has come in the past.
hero member
Activity: 2366
Merit: 594
February 09, 2021, 10:58:23 PM
#4
Now that Tesla invested in bitcoin and more famous companies are rumored to invest also bear season won't happen anytime soon. Bitcoin is much more stable now and won't crash that hard unlike what happened in 2018. Some altcoins also are reaching their new ATH. Market correction is normal but this time I don't see it to dump that hard like bitcoin going below $30k.

I know that many or all of us are scared for that to happen again. But it won't hurt to take profit if you're already at gain. We should already learn a lesson from that experience.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
February 09, 2021, 10:45:26 PM
#3
Not just that.
It helped boost the Bitcoin market but it ain't because of him that the market plunged.

I think the people are seeing the importance of cryptocurrencies now.
It is the future, no doubt about it. Even Musk risked his profits for it.

after adoption of payment to testla, if i pay 1000usd in btc ..  if btc prices go down testla loss. but if increasing tesla get profit get from increment too.
sr. member
Activity: 1400
Merit: 259
February 09, 2021, 10:42:50 PM
#2
Not just that.
It helped boost the Bitcoin market but it ain't because of him that the market plunged.

I think the people are seeing the importance of cryptocurrencies now.
It is the future, no doubt about it. Even Musk risked his profits for it.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
February 09, 2021, 10:35:30 PM
#1
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 ?

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