You are very correct, it's like what John McAfee did with the crypto market when he was still alive, the man so manipulated the market that it got to a point, no body listened or reacted to his tweet like they all used to..
I think Elon musk came and also did the same thing for a while, but maybe he came back to his senses after several popular influencers in the industry started criticising him which I think CZ of binance was one of his critics at the time.
Bitcoin and the entire crypto market is still very young, and as well very fragile and easy to manipulate, I am still looking forward to a time when the Market will become matured enough, to the extent that bad news will have little to no effect on it.
That is a real example that we have seen before, so if Elon later reports something, we don't need to panic or overreact so we can keep abreast of the situations and conditions that are happening in the market. And there will be others who will be like Elon or McAfee in spreading contradictory news that can make people panic.
But I remain confident that it won't affect the crypto market forever because there will be times for the crypto market to get even better. And that's when we can return to the market by taking the profits we want. The important thing is that we don't panic and stay calm in the face of everything that happens so that we can adapt well.
Yes, it shouldn't be a one sided story and it's our own responsibility to know more about it rather than believing directly on what we see or read, we never know, that particular news might be a false statement made to make the investors panic especially the weak hands. We should not forget that bitcoin is also a business after all and these crypto whales will always find their own way how gain an advantage, now if we panic and believe right away, then it's safe to say that we already fell into their hands.
We should remember that even the so-called crypto experts aren't really reliable because there's no such thing as crypto experts. We are all the same here, nobody know what happens next because we can only speculate on what would likely be the next situation in the market.
It is difficult to say someone is a crypto expert because no one has accurate predictions or analysis. They analyze the state of the market based on what has happened before so they can decide what will happen. And unfortunately, they immediately spread it to the public, which triggers the public to panic, especially people who don't own or don't analyze the situation and just follow the suggestions of people like that.
This is where ordinary people must be wise when encountering news like that and not act immediately without analyzing it. We must find out what really happened so that we are not trapped by circumstances that we do not know and can also make decisions based on the circumstances that occur.