we know that there is ups and downs in the market. But this time market correction not come yet.
Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?
He will make an impact now that he is here, but a bear market is something that even a man like Elon Musk can stop unless he can commit half of his fortune to Cryptocurrency which I doubt he will, I have a feeling that Musk will continue to play the market but there are some risk involve playing with what he is shilling, I hope he stops this shilling and works with the betterment of the industry if he is that serious to get involved here.
He has a lot of money if ever he loses, he never minds it.
Elon Musk is now creating a huge impact not only in crypto but the mindest of the people. If he says Doge will make a 1000% incline, people will possibly buying Doge without seeing the possible trap awaited.
I don't like what he does actually but we can't stop others to love what he did. The hypes he created give a huge profit to the people and that seems it changing a lot. But I was thinking about the negative impact after this.
This is not good especially for those newbies in crypto. They thought they will get rich quick but most of them don't know what they are getting into. So yeah, I read some of the comments from Elon's tweets, that they lost money because of him. People should educate themselves when it comes to crypto and not rely with famous people when deciding to invest their hard-earned money.