Elon musk chose to invest in Bitcoin without thinking about his own preferred Doge coin, because he's aware of the fact that Doge coin relies heavily on Bitcoin performance to growm
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Indeed Elon has no attachments to any coin or whatsoever ,he invests to secure or make money.Elon is an investor and what investors are known or is the art of taking decisions devoid of personal sentiments and emotional attachments.
That's why he is net profitable and he is amongst the richest.
Yes, this could be the underlying secret behind his success .Indeed Elon has no attachments to any coin or whatsoever ,he invests to secure or make money.
And that could be the secret to his wealth.
Critical thinking in analysis is very key in ensuring success of a market analyst.Yes, this could be the underlying secret behind his success .
The truth is, emotional attachments to any coin would not make that coin to increase in value .
You have to think critically and objectively in order to arrive at a good investment decision.
Yes, the informations are what we use to frame our investment decisions on. If the information is incomplete our decision might be flawed. That's why it good not to decide if the information you have isn't sufficient.Critical thinking in analysis is very key in ensuring success of a market analyst.
However, such thinking is based on the informations and news happening in recent times.
You are right. Information is gives power in decision making, however incomplete information sometimes is as good as no information because it would make one to take investment decisions that is not the best .Yes, the informations are what we use to frame our investment decisions on. If the information is incomplete our decision might be flawed. That's why it good not to decide if the information you have isn't sufficient.
One of the thing about most if not all alt coin is that,the price of bitcoin usually has an effect on its price.Big whale investors usually buy into a particular coin and then you will begin to see a surge in the price of the coin.Wow, I never knew he owns dogecoin. I can't really say the reasons behind his latest moves though. But I noticed as Bitcoin rises, most coins like xrp, trx BNB also increases, although in different percentage.