Post
Topic
Board Bitcoin Discussion
Re: Tesla make 1 billion profits from it Bitcoin holding
by
Tellek Garing
on 08/11/2021, 19:10:52 UTC
Indeed those that bought bitcoin at the 30k region and below have gain massively from their bitcoin holdings and with whales like Elon musk and the president of El Salvador who just legalized bitcoin. In the near future more profits will be made from the price increase when it reaches 70k and above.
people with big capital have a good long-term vision for bitcoin. as it has been proven, most long-term investments in bitcoin will definitely be profitable.
people like Elon and the President of El Salvador don't just think about the benefits of holding bitcoins in the long term. they believe that in the future the use of bitcoin and crypto in society will be something better than Fiat.
Am just wondering how much the Tesla bitcoin holdings will yield at this season where bitcoin market is on a bull mood, I saw some news of Elon musk becoming the world richest person and I know the recent bitcoin market rise is responsible for his new status.