The main problem we are dealing with when trying to understand what a ‘famous’ individual like Elon is really after, can be diverged in two paths.
One is the public show, their charismatic approach to various subjects. Their ‘cool’ and 'crazy' behavioural and social presence. The second path we could take relates to pure finances – gains and losses.
Let’s try the first path.
Once we identify an individual as having not only a nice presence / charisma but also a strong background of accomplishments, we tend to agree with them. This is natural and has to do with our ancestors, long story. But the reality is that all of this can be incredibly deceptive, and we can easily fall into actual traps.
The second path we could take begins with asking the right questions. Not exteriorly at first, but within ourselves. For example, why would someone so famous who works in a completely different area i.e. engineering, would say the things they are saying about something like Bitcoin? What can they gain from their actions and what can we loose if we follow them?
Instead of jumping to read whatever a 'cool and rich' guy shares online, we should try and understand how valuable TIME is for them. Time spent on their efforts/tweets is not random, it is most likely calculated. It is time they could have spent gaining something, doing some other stuff. But don’t trust me, trust yourself. Look carefully and you will realise that he is actually paying attention to almost every reply and every mention as he is acknowledging some quite often. That is A LOT of time for someone who gave interviews and said he doesn't have time for his own kids and he sleeps at the Tesla factory working till late am. But he does have time to comment and even reverse his opinions on specific crypto coins. So those actions of his must have some really important meanings.
Let’s try and scrutinize more. Let’s try and be more confident in our own judgment. And if we are not, let’s learn some more stuff and become more confident.
BP