If Elon Musk should invest in bitcoin

[Alexandoy]

He already did actually and when he's made profit he pulled out I think, when such happens the price goes up no doubt but when he pulls out too expect the price to dip too

How did you know that Elon Musk had made a profit on the $1.5 billion worth of Bitcoin that he had bought? It makes me wonder why there are so many people who know so much about Bitcoin. But are they getting rich in the trading? Definitely not. They are just fans who are avid.

 

[Yusuf]

Elon musk has already invest in Bitcoin and has also confirmed that the company haven't sold any of the asset. However, I really don't like the way the man is manipulating the market with dogecoin

 

[Chibson]

The love Elon musk on cryptocurrencies is not a hidden because he has shown it for many times and it really affects the prices of cryptocurrencies.

 

[mcjerry]

The richest man in the world currently is known to be a strategic and smart Investor in business. His tweet alone move the price of Crypto currencies generally. If this Man decided to invest heavily in bitcoin, how do you think his action will affect the price of Bitcoin and to what extent?.

If he invest in bitcoin it will not affect the price of affect the price of bitcoin much unlike the price of dogecoin coin that rise more than 10x it's price when he talked about the coin

 

[jeff87]

The richest man in the world currently is known to be a strategic and smart Investor in business. His tweet alone move the price of Crypto currencies generally. If this Man decided to invest heavily in bitcoin, how do you think his action will affect the price of Bitcoin and to what extent?.

His company Tesla has already bought one point five billion dollars of Bitcoin. This has led to Bitcoin reaching it's all time high price at sixty four thousand dollars.

 

[ahmedo24]

That's through , he also confirmed that the company is still holding significant amount of the bitcoin he bought back then. Musk doesn't hate bitcoin.

 

[harrypaul]

Elon musk and his Tesla company have millions of dollars in Bitcoin.
He is much of a market influencer but I think he is really losing out recently due to his constant unnecessary market strategy

 

[Bousine123]

I think in the long run it will have a positive effect. Now you can't see the positive in it because of the bearish run, but with time you would.

 

[Senator]

The Bitcoin cryptocurrency is not the hopeless dogecoin the Elon musk simply invested his money into to help save it from irrelevance. His investment into the Bitcoin will do nothing to it

 

[Lens]

The influence of Elon Musk is the cryptocurrency ecosystem cannot be wavered. He waves a heavy hand over the crypto space . The best thing to do is not to invest heavily in the coin that the whales invested on. The whales could influence market sentiment.

 

[tuna89]

If Elon had invested in btc, then you can expect more investments from wide number of people, companies and Countries, the value would also boost.

 

[Shigobad2020]

How did you know that Elon Musk had made a profit on the $1.5 billion worth of Bitcoin that he had bought? It makes me wonder why there are so many people who know so much about Bitcoin. But are they getting rich in the trading? Definitely not. They are just fans who are avid.

I think he (Elon Musk) has already invested in bitcoin and has gained a lot, the point is that he can gain a profit of $1.5 billion worth of bitcoin because he's a heavy investor.

 

[kayode10]

The price of Bitcoin will go up if Elon Musk invest more into it the cryptocurrency. The price jumped up when it was announced that he is about to invest in the currency.

 

[Dagm1]

That will create financiers go nuts as well as spend for Bitcoin much more. Possibly also individuals whose certainly not into Cryptocurrency financial assets may also think about it since if one of the absolute most most affluent individual on the world count on that it is a great financial assets.

 

[Alexandoy]

I think he (Elon Musk) has already invested in bitcoin and has gained a lot, the point is that he can gain a profit of $1.5 billion worth of bitcoin because he's a heavy investor.

Thank you for your reply but it did not make sense at all about the profit that he gained. Your only indication is that he is a heavy investor. A question on his investment is when he sells his $1.5 billion who is going to buy that big volume of Bitcoin? Make a guess.

 

[Sotherefore]

The price of Bitcoin will go up if Elon Musk invest more into it the cryptocurrency. The price jumped up when it was announced that he is about to invest in the currency.

But I thought he has invested in crypto currency like bitcoin already, because there was a time last year that the price of Bitcoin actually shoot by 25% and the news said that he invested.

 

[Blessedsam60]

This is one of our biggest prayers, that he should invest in crytocurrency as this will put a big smile on the face of the coin.
I can remember last time this business mogul retracted a big from btc investment. The whole thing went crappy

 

[Elfinito]

If he decides to invest more money in Bitcoin I think it will boost the price of Bitcoin when higher and it will see the market cap of Bitcoin go above the current level

 

[Setho]

Any influential person that plans to invest or actually invest in Bitcoin and it reaches the news will definitely pushed the price higher and that is what we need right now for the crypto market.

 

[Sotherefore]

Any influential person that plans to invest or actually invest in Bitcoin and it reaches the news will definitely pushed the price higher and that is what we need right now for the crypto market.

That is what we all observe and it is absolutely the truth that is why a lot of cryptocurrencies and bitcoins investors always follow most of these influential people who have interest in cryptocurrency.