Quote from: Mauser on Today at 02:14:01 PM

Quote from: bryant.coleman on Today at 01:17:17 PM

Quote from: Bravehash on April 27, 2021, 06:45:12 PM

Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Welll... that was known to everyone. What were you thinking about Elon? Did you thought that he pumped Bitcoin just because he was attracted to it? Afterall, he is the second richest individual in this planet. And from what I have seen, the richer you are, the greedier you become. And Elon is not an exception. He wants to use cryptocurrency as a tool to increase his wealth. He is least bothered about the well being of cryptocurrency or its users. And let's not forget this - Mark Zuckerberg already tried this and failed.

The problem with Mark Zuckerberg is that people don't trust him. He is a very secretive person and if he would try to publicly boost certain cryptos or stocks then I don't think people would actually follow him. With Elon Musk this is a complete different story. People look actually up to him and it seems that they trust in all the words he is saying. Unfortunately Elon Musk is exploiting that trust and uses his social media reach to increase his wealth.

Which means that like always we need to be very vigilant of what we do, just because a person is rich does not mean that he is a good person, we know that Musk cares only about himself and his companies, everything else is secondary to him, so I do not see why people still follow him when this is so obvious, but I suppose those people do not really have any other way to try to obtain profits from the markets, which is funny in a way because if they had left Musk alone and not listen to him then they will be in better shape and at least they will still have their fiat.