Just Wondering: Why People Listen to Elon Musk?

[gurunanakji777]

Well said! Elon words are just doing magic and leave a huge impact. Those who act on his words definitely make huge profits even in the recent time he tweet about Dogecoin and Bitcoin and both of the coins are booming faster than other coins. We don't know whether Elon is holding some cryptocurrency or not but it's good by his words some coins are moving well. I feel it's nothing bad to follow him.

[Gurujebs]

Well said! Elon words are just doing magic and leave a huge impact. Those who act on his words definitely make huge profits even in the recent time he tweet about Dogecoin and Bitcoin and both of the coins are booming faster than other coins. We don't know whether Elon is holding some cryptocurrency or not but it's good by his words some coins are moving well. I feel it's nothing bad to follow him.

If people are following him because the want to easily make profit, then the aim and objective of cryptocurrency is far from adoption but now pure speculation on the profit maximization.
I believe him because he is an influential due to his position in Tesla but this crazy and shilling is getting out of hand.

[ashraf786100]

I think that's why people listen to Elon Musk, and that's because he's a man who got a lot of people, got a lot, and was successful with his companies, he's the richest man in the world. Is one of the people and when he speaks it is clear and easy.

[Alt20]

I think most of the investor follow Elon Musk in social media. People knows that Elon is the big investor in crypto currency if he invest then that particular assets price will pump. Now the market going to under Elon Musk.

[Rafiq]

Not just Elon Musk, when successful people from different sectors of the world express their views on any subject, it affects the whole world. When people like Elon Musk speak positively about a cryptocurrency on various social media, including Twitter, it instantly affects the market. Since they are successful and rich people, people think that the token he is talking about must be a good token; So the demand and price increases.

[Galley]

Why not listen to the opinion of the person whose company has invested a lot of money in Bitcoin. Making such investments, he probably knows what he is doing.

[MishaSER]

I think that's why people listen to Elon Musk, and that's because he's a man who got a lot of people, got a lot, and was successful with his companies, he's the richest man in the world. Is one of the people and when he speaks it is clear and easy.

Elon is not the richest in the world, he is listened to because he has created many successful companies and he is just a cool dude, he supports dogecoin.

[Bit]

Do you still don't know this person? Do you still not understand the importance of fundamental analysis? Elon Musk is the richest man in the world. If he just buys econ then he can buy lots of coins at high prices and then sell them back as usual. However, if it is not true, then it is a risk

[Prime]

He is one of the most famous people in the world. He can bring big impacts when he joined crypto. If he regularly support crypto or certain coins with his tweets. It means he trust in crypto, then many people will follow him. I think the simple example is just yesterday. The price of Bitcoin is rising up significantly once Tesal buy many Bitcoins.

[Alcor]

Probably because he is the richest man in the world and his opinion is very valuable to people, with one tweet he raised the price of doge by 50 percent, it is certainly very cool

It's not even about the wealth of Elon Musk, although this is also of no small importance. He invests his capital in new and promising technologies, and is also very attracted by his idea to conquer the nearest space and colonize the planet Mars. At the same time, his ideas are being successfully implemented in practice, and therefore he can be classified as one of the most successful and influential people.
 Since cryptocurrency can also be called a new technology in the financial sector, his interest in cryptocurrency immediately sparked a lot of people's interest. Elon Musk is associated with success, so it is quite possible that many believe that if he showed interest in cryptocurrency, then it has great chances for growth and development.

[disconnectme]

Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.

What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).

Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?

Why won't people listen to him, the riches man in the world unless you prefer poverty to wealth that this Man will talk and you won't listen to him. He loves to catch fun and he is one that interacts with his users directly, knowing that he can pull people towards his view, he decided to use these influence to his advantage, thank God he declares he now own BTC

[pelana vreo]

~sni~
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?

someone listened to him because he was a millionaire and owned many companies, maybe that's what happened at this time.

But the increase in the price of Bitcoin has been predicted by many people, after the halving of bitcoin the price will definitely increase, but what about Dogecoin? I think, Elon Musk is not only talking in tweets, but he is one of the investors who can pump up prices because he bought several a large number of coins.

[gotbounty]

In fact, there are so many people in the world who listen to Elon Musk. Why? Because he is the person that holds big companies, becomes the richest person in the world, and also he also has much money so that he can pump any certain coin as he like surprisingly

[Arkann]

In fact, there are so many people in the world who listen to Elon Musk. Why? Because he is the person that holds big companies, becomes the richest person in the world, and also he also has much money so that he can pump any certain coin as he like surprisingly

At least this is not only because of the authority of this person, because the majority reacts to his statements in the sense that they understand if a person supports some kind of cryptocurrency, then he will definitely invest in it. If a rich person invests in an asset, then this asset will someday be very profitable.

[Bobcrypto]

Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.

What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).

Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?

You're not current on cryptocurrecy informations, news, and cryptocurrecy developments. As a matter of facts, Elon Musk had bought $1.5b worth of bitcoin and had proposed accepting payment with bitcoin on his Tesla products very soon.
And if you must know, Elon Musk has know hidden or any form of secret dealing with cryptocurrecy, rather he has added Bitcoin to his Twitter bio. He made his interest on cryptocurrecy known to his followers especially on Twitter.

Again, to follow any anyone is just a choice whether rich  or no. As a crypto enthusiasts or participants, I think the best idea is to follow a man that can help boost the price of crypto for every one advantage.