Tesla sold 75 percent of its bitcoins for $29,000 in the second quarter of this year. According to this strategy of Elon Musk, Bitcoin will fall in price. Well, that partly makes sense in the short term, as the price of bitcoin is currently just over $23,000. If they buy bitcoins again at the current price, then, in principle, they will win.indeed what is the goal of Elonmusk may be true but don't be provoked by what he is doing, remember he is a businessman and we have to know many ways to do it so that later he can make a profit.
In my opinion, as long as Tesla is still using Doge for payment, Doge will still survive because many investors still believe in Boss Elon's tweet, this is what makes Doge will survive and have the current value.Elon Musk's investment advice is general and applies to all markets. At the same time, it is difficult to follow, because not everyone can determine in time that the product of the company we have chosen for investment is deteriorating and how serious it is, all the more so to resist the general opinion. But still they should try to be guided.
In my opinion, as long as Tesla is still using Doge for payment, Doge will still survive because many investors still believe in Boss Elon's tweet, this is what makes Doge will survive and have the current value.Doge is likely to survive this very long bear period, but big price spikes are unlikely to come. The period of good profit of this coin, in my opinion, has already passed, so you should switch to a more promising cryptocurrency. Elon Musk will still be able to influence the price of this coin, but over time, his influence will weaken.