Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: TommiGan1987 on June 21, 2021, 06:12:14 PM
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Hello everyone, it's not a secret for anyone that Elon Musk influences the bitcoin rate - we could be convinced of this this year on the eve of the new year.
An independent developer has created a website that shows statistics on Elon's impact on the cryptocurrency stock market ElonOMeter.com
We can use the statistics from this site to successfully make money playing on the cryptocurrency course.
Author's thoughts:
I think that it is worth getting a glimpse of this site as soon as Elon makes any provocation and the bitcoin rate begins to grow. We immediately buy any part of the cryptocurrency and wait for the moment to sell it at a better rate than we bought, so you can make good money (provided that you buy most of the coin) in other cases it is not so profitable.
The charts show how the cue btc took off this year, and went down, we need to connect what Elon wrote in his posts on Twitter, and the chart of the cryptocurrency rate.
I think it's obvious that we can make money from one of the most powerful people in the world. I also want to say that not everyone has the means to buy a coin, so I wanted to recommend a crypto loan service, they have a chat in a telegram, I will leave a link on them @teletapebot
Thank you all for your attention, good luck to you!
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It's not really that complicated, if you are trading one simple way to take advantage is to follow Elon Must on twitter and enable notifications for all his tweets... to then trade according to favorable / unfavorable tweets in terms of crypto shortly after a tweet is published... he doesn't tweet about crypto that frequently but every time he does the price action follows but it certainly takes some time for that news to propagate and so long as you get the tweet right away you have plenty of time to make decent trades accordingly.
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Elon Musk is one of the biggest investors in cryptocurrency. He has invested the most in doggy coins and has extensive investments in bitcoin. Those cryptocurrencies however he invested heavily so the most famous cryptocurrency.
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I believe that there's no guarantee in crypto even if you followed the trend about what Elon Musk is saying because cryptocurrency easily reacts to any news whether it's bad or good that's how the crypto market works so we better understand it carefully and always followed the principles of crypto investing, like as always said "Invest only that you can afford to lose" and for me that's far better.
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I believe that there's no guarantee in crypto even if you followed the trend about what Elon Musk is saying because cryptocurrency easily reacts to any news whether it's bad or good that's how the crypto market works so we better understand it carefully and always followed the principles of crypto investing, like as always said "Invest only that you can afford to lose" and for me that's far better.
Very true. In fact part of the problem with Elon Musk's following when it comes to crypto is that many people will take action based on what he says (and say buy or sell bitcoin depending on his latest tweet) without taking the time to do their own research and achieve their own understanding.
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Yeah We all have some idea about the effect of Elon Musk on Bitcoin. Although trading in cryptocurrency is not completely complicated, it is not easy. However, Elon Musk is currently influencing the Bitcoin market in many ways. A closer look at Elon Musk's tweets and a regular review of his web site reveals a lot of information about market pumping and dumping. Investors who can spend a lot of time here in cryptocurrency will have a bright future.
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Because currently Elon Musk has a big influence on Cryptocurrencies, be it for Bitcoin, Doge and other Coins. So to benefit from every action of Elon Musk, we can always follow Elon Musk Twitter so that we can always be updated.
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The matter is complex but not impossible. If you spend enough time here, you will definitely get good results. Chatting in cryptocurrency is as difficult as it is easy again. Elon Musk is currently one of the most popular and talked about people in the crypto world. Bitcoin price fluctuations depend a lot on it. If Elon Musk discusses cryptocurrency, then success in trade can be achieved if it is followed properly.
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As long as a good number of people and trader are taking their cues from anything that Mr. Elon Musk can be saying, then this can be a good strategy to make some money with cryptocurrency. The recent tweet from Elon regarding his favorite Dogecoin add some push for the said coin, though it must be observed that it is not anymore the same before - meaning his influence is fading as many got tired of him already. As for me, I think he has already become some sort of a big joke.
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The company's Bitcoin play followed months of speculation, as CEO Elon Musk took to Twitter to discuss the cryptocurrency. In late 2020, MicroStrategy's Saylor offered to share his "playbook" for Bitcoin investing with Musk, after arguing that a move into Bitcoin would be doing Tesla.
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This doesn't make sense that you should take a loan to trade because trading should be from the money that you can lose. You haven't any tension to lose that money. If you are following Elon Musk for getting profit then it is not a good way because they are only interested in their profit. They are manipulating crypto market and you ae with him.
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This doesn't make sense that you should take a loan to trade because trading should be from the money that you can lose. You haven't any tension to lose that money. If you are following Elon Musk for getting profit then it is not a good way because they are only interested in their profit. They are manipulating crypto market and you ae with him.
Follow Elon musk, just FOMO. don't do that. We should learn about trading first and have good analysis.
Learn the fundamental and technical if you want to be good trader. Good luck.
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I think that the only way to make money on Elon Musk is creating something shady. Follow Elons announcements and create tokens/coins with similar name, then sell them. Like this Shiba Inu for example.
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Elon Musk is the richest man in the world. Who has no shortage of money. Elon Musk is famous for the reason that for his car company as well as he has failed many, many times with space after all these things he is successful today he is now connected with Kiptomarket.
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I think that the only way to make money on Elon Musk is creating something shady. Follow Elons announcements and create tokens/coins with similar name, then sell them. Like this Shiba Inu for example.
don't give people like @elonmusk to create what they want by following whatever they do because the purpose of doing it is for personal gain by not wanting to know the impact of what is done. all if you still believe what is said then this is a problem that sets a bad precedent for crypto in general. the person is not to be trusted and only gives out panic with the aim of being self-interested.
If there are those who still believe, it can't be helped and that's a natural thing, but everyone has started to know that he behavior does not reflect good things in the future.
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It is not unknown to anyone Elon musk Its importance lies in the large amount of cryptocurrency..All the coins or tokens he supports are up in the market.He is a very large investor in cryptocurrency.A few days ago, when tweeted positively about doge coins, the price of doge coins went up a lot.
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Elon Musk is not cute anymore and we should not listen to him because he is also one of the big whales that manipulate the price of the Bitcoin market and other cryptocurrencies and the loser is we, which are the smaller investors who are the majority of the Cryptocurrency investment.
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You're right but I fear that a lot of people will continue to listen to him. He has a lot of fans.
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As long as a good number of people and trader are taking their cues from anything that Mr. Elon Musk can be saying, then this can be a good strategy to make some money with cryptocurrency. The recent tweet from Elon regarding his favorite Dogecoin add some push for the said coin, though it must be observed that it is not anymore the same before - meaning his influence is fading as many got tired of him already. As for me, I think he has already become some sort of a big joke.
I also agree that the influence of Elon Musk on the masses is already gradually decreasing. What he does may work several times, but not all the time. Now you can still make money from his tweets if he advertises potential coins such as bitcoin, ethereum and others. However, if he advertises other new or little-known cryptocurrencies, then I will not pay attention to them. Elon Musk's impact on people in relation to cryptocurrency is temporary. After all, he is not an expert in this area to make predictions.
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Elon musk always makes high hype on certain tokens or coins. And there are two types of people:
- Following his hype by not taking the right time to buy, and sell for profits, and then lose money
- People who are utilizing the hype in order to take profits, those are the people who are ready and know enough the cycle and hype of coins
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As far as I know Elon Max is the richest man in the world. He has many businesses. Tesla is one of the famous businesses. Tesla car manufacturer. He also recently joined the cryptocurrency market.
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Elon Musk is a businessman. He has a car manufacturing company and also works with rocket science. All these traders therefore also have more other arrangements. He is currently trading in cryptocurrency. Makes his money from all these things.
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As far as I know Elon Max is the richest man in the world. He has many businesses. Tesla is one of the famous businesses. Tesla car manufacturer. He also recently joined the cryptocurrency market.
No, Elon Musk is not the richest man in the world, but the third place he occupies in the Forbes ranking after Bernard Arnault and Jeff Bezos suggests that he is a successful businessman.
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Elon musk can't make the market move, y'all don't know there're manipulations going on behind the scenes which is being covered up when billionaires or people of great influence says something. Careful folks. There is a greater power behind the market but people are short of information. What do you think happens when you get liquidated, who gets the money.
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Elon musk can't make the market move, y'all don't know there're manipulations going on behind the scenes which is being covered up when billionaires or people of great influence says something. Careful folks. There is a greater power behind the market but people are short of information. What do you think happens when you get liquidated, who gets the money.
But I have seen many times how after Elon Musk's tweets about Doge, the price of the coin increased several times. The same thing happened after Musk's tweet that Tesla would not accept bitcoins for payment, and as a result, the price of BTC decreased.
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Elon musk can't make the market move, y'all don't know there're manipulations going on behind the scenes which is being covered up when billionaires or people of great influence says something. Careful folks. There is a greater power behind the market but people are short of information. What do you think happens when you get liquidated, who gets the money.
But I have seen many times how after Elon Musk's tweets about Doge, the price of the coin increased several times. The same thing happened after Musk's tweet that Tesla would not accept bitcoins for payment, and as a result, the price of BTC decreased.
Influence is another power to trigger the market movement. One tweet could crash or bloom the market. But it doesn't mean always effective. But why one tweet of Elon there's something to happen? Of course there is because Elon is one of the elite person. He's fan, business partners, friends, family, and team will do support him. They could move orderly to change the market trend. Synchronize move is powerful and may done behind the scene.
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I am a little bit confused with the statement how to make money on Elon Musk.
;D
But yeah finally I got it.
Actually, it is about his influence on the crypto world so far.
We know that what Elon tweets and states will always influence the price of crypto, both bad or good.
But you are right, if we are not panic and we can utilize every chance, we can really take profits like what happen in Dpoge at that time.
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100% bitcoin takk ore The good project is implemented very professionally and has a clear development plan Made by a very professional and experienced team A potential project for the good future.
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I've been following Elon Musk's tweets closely, but lately he's been focusing on Tesla and Tesla's AI bot, and so he doesn't have time to shill Doge coins.