Elon Musk has to much influence on Cryptocurrencies

[Freemind]

Yes, you are right, it is not nice from him! He is abusing his position to make it a free time activity for price movements. He should really care more if he makes a news, he can conflict people's investments.

Of course, Elon is abusing his position. This is how billionaires have gotten to where they are now, abusing. He is very aware of what he does and says, although later he says that it has nothing to do with one thing or another, he is orchestrating everything so that Doge, for example, can go where and when Elon wants.

[Lanirex]

No wonder people like Elon Musk have a huge influence on the Crypto market today. First, he is a rich man, and second, with his wealth, Elon Musk wants to invest in crypto, be it BTC or other coins. 
Although many rich people comment on Crypto, but if that person is not included in it then it will not have a big influence.

[Doctor]

We all have witnessed the power and influence of Elon Musk on cryptocurrencies. It makes me wonder why Elon send out tweets on purpose to influence the price going up and down on BTC and Dogecoin. What do you think? Is there a hidden agenda?

Whatever Elon tweets it will effect the price, check out: Elon Musk Shows Interest In Green Bitcoin Mining Operations Helping BTC Surge to $40,000

If you talked about Elon musk had to much influence on crypto currency, because He is big investor and famous person.
But I see other big investor already against this people.
Because Elon always show force at crypto currency.
It will have bad effect for crypto market.
I hope it will over soon.
Let's see.

[Proton]

Leading financiers, traders and big fans of Bitcoin, I advise you not to listen to Elon Musk, but invest your savings in cryptocurrencies. They will help loved ones survive after the financial system collapses. I agree with many that the influence on the market of Elon Musk is temporary and there is no need  dump your bitcoins based on his opinion.

[Freemind]

Leading financiers, traders and big fans of Bitcoin, I advise you not to listen to Elon Musk, but invest your savings in cryptocurrencies. They will help loved ones survive after the financial system collapses. I agree with many that the influence on the market of Elon Musk is temporary and there is no need  dump your bitcoins based on his opinion.

I agree with you that no one should pay attention to Elon Musk and his manipulations. But I do not agree to say that people should invest their savings in cryptocurrencies, it is dangerous advice and a decision that each person must make individually, remember that we never know what will happen tomorrow and it's a risky decision.

[Proton]

  Elon Musk is definitely aware of the power of his publications and the subsequent impact on the markets: they bring direct benefits to him and Tesla, and at the same time have devastating consequences for small retail investors. I think that in the near future, the crypto market will find a way not to panic. , in situations like this!

[xeroz]

As other members say here that Elon Musk is also one of the richest people in the world and of course he always has a big influence on many things, not only crypto. He has many numerous followers. And yeah, he is a popular man in the world. So, what he does will always influence and also make others interest or not attracted to certain things. Like in crypto.

[Freemind]

As other members say here that Elon Musk is also one of the richest people in the world and of course he always has a big influence on many things, not only crypto. He has many numerous followers. And yeah, he is a popular man in the world. So, what he does will always influence and also make others interest or not attracted to certain things. Like in crypto.

You're right, but that doesn't mean that his followers can do the same as him, and that's one of the biggest problems they have. I don't think Elon cares much about losing $100,000, people who have borrowed to invest or invested their life savings or even mortgaged their houses (I'm sure there are some), they sure care what is happening now. I personally believe that we should not follow anyone, our decisions are the best we can make.

[DAMKAR]

We all have witnessed the power and influence of Elon Musk on cryptocurrencies. It makes me wonder why Elon send out tweets on purpose to influence the price going up and down on BTC and Dogecoin. What do you think? Is there a hidden agenda?

Whatever Elon tweets it will effect the price, check out: Elon Musk Shows Interest In Green Bitcoin Mining Operations Helping BTC Surge to $40,000

i think not too much. Famous people only share news, and follower will be influenced or not.
Several senior trader or investor didnot be affected.
I think demand and supply is the basic factor of crypto market.

[therozaq]

As other members say here that Elon Musk is also one of the richest people in the world and of course he always has a big influence on many things, not only crypto. He has many numerous followers. And yeah, he is a popular man in the world. So, what he does will always influence and also make others interest or not attracted to certain things. Like in crypto.

You're right, but that doesn't mean that his followers can do the same as him, and that's one of the biggest problems they have. I don't think Elon cares much about losing $100,000, people who have borrowed to invest or invested their life savings or even mortgaged their houses (I'm sure there are some), they sure care what is happening now. I personally believe that we should not follow anyone, our decisions are the best we can make.

You're right, we should do with our own risk. Because if  We will lost , we will lost alot.  not him.
Elon musk is the rich people has Tesla.
So As follower , we just read his suggestion, but not have to the same way.

[Freemind]

As other members say here that Elon Musk is also one of the richest people in the world and of course he always has a big influence on many things, not only crypto. He has many numerous followers. And yeah, he is a popular man in the world. So, what he does will always influence and also make others interest or not attracted to certain things. Like in crypto.

You're right, but that doesn't mean that his followers can do the same as him, and that's one of the biggest problems they have. I don't think Elon cares much about losing $100,000, people who have borrowed to invest or invested their life savings or even mortgaged their houses (I'm sure there are some), they sure care what is happening now. I personally believe that we should not follow anyone, our decisions are the best we can make.

You're right, we should do with our own risk. Because if  We will lost , we will lost alot.  not him.
Elon musk is the rich people has Tesla.
So As follower , we just read his suggestion, but not have to the same way.

I don't read the things Elon says on Twitter, I think he's a toxic person, the last thing I read was when he said that Bitcoin uses a lot of electricity and that seemed to me as an insult to the intelligence of others. I do not need Elon's opinions or his "ideas", the problem is that unfortunately his words always affect the market, and in the market we all have interests. The only thing I can hope is that every day more people open their eyes.

[Fenix]

Yes, you are right, it is not nice from him! He is abusing his position to make it a free time activity for price movements. He should really care more if he makes a news, he can conflict people's investments.

Of course, Elon is abusing his position. This is how billionaires have gotten to where they are now, abusing. He is very aware of what he does and says, although later he says that it has nothing to do with one thing or another, he is orchestrating everything so that Doge, for example, can go where and when Elon wants.

I don’t understand at all these people who react so much to the words and actions of Elon Musk. However, in any case, after his contradictory statements about bitcoin, his popularity in the field of cryptocurrency should fall. People will no longer react so much to his every word.
Elon Musk is a rich man, but he is not an expert in the field of cryptocurrency.

[Cleanerbd]

The price of cryptocurrency is very much affected for Elon Musk, because he is a very big investor. When he invests in something, he buys coins with a lot of dollars. And the cryptocurrency market is influenced by big investors.

[NancyDeep]

He is trying to manipulate this market apparently, however, this is how capital works.

[Freemind]

The price of cryptocurrency is very much affected for Elon Musk, because he is a very big investor. When he invests in something, he buys coins with a lot of dollars. And the cryptocurrency market is influenced by big investors.

Elon can invest a lot in cryptocurrencies, but I think he gets more out of telling on Twitter what he is going to do. That way, his followers (mostly blind) buy what Elon says and sell what Elon says, it's another way to manipulate the market for Elon's own interests. Fortunately, many people have noticed, that is why the price of Doge stopped going up so much, now people have to wait to know what Elon's next step will be.