The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
In my opinion this market is bigger than that one man can manipulate it. He can take some actions but only on the people who scare and sell without enough thinking. These types of rise and fall can be only appealing for the short term investors. Don't stress out yourself too much in this period. Stay calm, think and research more and hodl. I see this market as an opportunity to buy more of my favorite altcoins while they are still at their bargain price level. In fact, I've already loaded up my bags with ETH, LTC, ADA, and BNB. I believe they are excellent for long-term investments.
I also bought some #Stakenet #XSN with my leftover funds. This coin is a profit machine. Wait until it reaches its full potential.