Unpopular take but this is inevitable as bitcoin grows. Say the ultimate theory of hyperbitcoinization comes to pass in 20 years or something. Do you think everyone owning bitcoin is anarchist intellectual fighting the good fight? No... Bitcoin is going to be like water to the fish that swim in it, and 99% of the people won't care about it beyond that.
People buying bitcoin due to Elon's tweets will come and go and cause volatility, but it's an inevitable step in the larger journey of this technology. Gatekeeping will only cause your own blood pressure to go up, so I'd just make sure I got my keys in a safe place, buy the dips that result from these sudden adoptions and go with the flow.
Also, every newbie who comes along because of Elon has a chance to evolve into a lifelong holder. In the short term, it can be annoying but in the long term, it'll strengthen bitcoin.
What are your thoughts?
I mean it works, we can't deny that Elon Musk's tweet has a big effect on the market as we can see Elon Musk can pump and dump bitcoin using his tweets.
It's kinda risky but if you know what you are doing I think you could pretty much go in make a profit and get out in an investment depending on Elon musk tweets, but it wasn't always guaranteed since the market is difficult to predict so you don't know if the market is gonna crash or pump, it might react differently just like what happened to the DOGE coin.
I've read a lot of tweets where they lose everything of their money because they invested it in DOGE coin which is already too risky because it is a meme coin. So I guess you could still follow Elon tweets but don invest YOLO everything.