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[Josemendez]

Not up to one month that Tesla has acquired their first bitcoin , the price of Tesla shares has seen a huge fall up to 28% from $863.42 to $621.44.

Remember that Tesla purchased their first bitcoin on February 8 . Ever since then , the investors have been calling on Elon Musk to sell his bitcoin for buyback of Tesla shares .

This is quite a big challenge for Elon .

 

[Niftyicon]

A big challenge indeed for Elon. However, if he should bend and give in to such pressure, he would lose out on his intended profits from his bitcoin investments.

 

[SCAMEXPOSER]

What Elon Musk should have done is to have bought Bitcoin from his personal wealth then after that he can hold meeting with his shareholders if they agree he buy bitcoin or not.

 

[highspeed]

Well, maybe I would call this too hasty a choice for tesla. Moreover, with the misfortune that, immediately afterwards, Bitcoin had a drastic drop, from about $ 57,000 to $ 45,000, this in the time of just one week!
But Elon Musk, and all of Tesla's staff, are certainly aware of Bitcoin's volatility.

 

[SCAMEXPOSER]

Well, maybe I would call this too hasty a choice for tesla. Moreover, with the misfortune that, immediately afterwards, Bitcoin had a drastic drop, from about $ 57,000 to $ 45,000, this in the time of just one week!
But Elon Musk, and all of Tesla's staff, are certainly aware of Bitcoin's volatility.

If they are very patient and very optimistic they will recover back from it because very lightly many investors will still put in their Money soonest.

 

[Wisdom01]

This fall in the price of Tesla can be linked with the fact that shareholders are selling off their shares at lower price because they are scared of the bitcoins investment.

I think majority believed that its definitely going to flunctuate , so if bitcoin have such flunctuarion ,and this makes investors more careful in

 

[highspeed]

My opinion, which may not at all mirroring that of a real economist, I would say it was a mistake to resell their BTC. I would have kept them, despite their loss of value, until they started to rise again.

 

[SCAMEXPOSER]

Buying BTC for tesla was a big decision. As major companies certainly don't want to go far something as uncertain as bitcoin but I think over some time the investors will realize that buying BTC is the best choice for the company's growth!

The Investors may not really appreciate it now especially that bitcoin dropped when Tesla bought it but when their is a significant rise they will realize it was the best decision.

 

[achawaskey]

Yes it a big challenge for him, but remember he understand the market better and why is investors asking him to sell his bitcon, what will be there gain. They should let him be he knows what his doing.

 

[Niftyicon]

The Investors may not really appreciate it now especially that bitcoin dropped when Tesla bought it but when their is a significant rise they will realize it was the best decision.

I guess it is easier to preach patience to people who know or are ready to know about bitcoin. I can just imagine the amount of pressure Musk would be under.

 

[SCAMEXPOSER]

I guess it is easier to preach patience to people who know or are ready to know about bitcoin. I can just imagine the amount of pressure Musk would be under.

the amount invested in Bitcoin was just one billion dollars of which I believe personally he has that money to buy it so if his investors or shareholders are pressurising to sell off bitcoin you should buy it himself not Tesla company so that tension can be calm

 

[Josemendez]

If they are very patient and very optimistic they will recover back from it because very lightly many investors will still put in their Money soonest.

Surely they will recover by it ,but the main challenge is how to recover the investors who left Tesla because of their investment in cryptocurrency

 

[GoldenLady]

Well, maybe I would call this too hasty a choice for tesla. Moreover, with the misfortune that, immediately afterwards, Bitcoin had a drastic drop, from about $ 57,000 to $ 45,000, this in the time of just one week!
But Elon Musk, and all of Tesla's staff, are certainly aware of Bitcoin's volatility.

But like any smart holder will do, holding on even when a coin like Bitcoin drops is the best. Now bitcoin is back to $60,000.

 

[SCAMEXPOSER]

Surely they will recover by it ,but the main challenge is how to recover the investors who left Tesla because of their investment in cryptocurrency

There are businesses parts that please advisory role to the Tesla company so obviously they will re-strategies on how to win back the investors Trust.

 

[BullyMaguire]

What about few days ago when Bitcoin reached and surpass the previous all time high. He already recover with profits but sure he will not sell it for just that..

 

[Josemendez]

There are businesses parts that please advisory role to the Tesla company so obviously they will re-strategies on how to win back the investors Trust.

True ,because it will be a big challenge to them if they keep losing customers due to the Bitcoin saga. It is impossible for company to succeed without the help of investors

 

[Wisdom01]

Yeah, investors feel better when their investment is not being invested somewhere else especially Bitcoin which is volatile and may reduce in price or value.

They are doing that when they only want to make profit from bitcoin and not just for investment sake like that i think. That's the benefit

 

[Josemendez]

I don't think that the investors who aren't buying the bitcoins investment idea really have anything to do with Bitcoin, they want to focus on Tesla investment.

Yeah and they don't want Bitcoin volatility to affect their profit in Tesla shares. I believe that this is why they sold of their Tesla shares

 

[Wisdom01]

I don't think that the investors who aren't buying the bitcoins investment idea really have anything to do with Bitcoin, they want to focus on Tesla investment.

Yeah you are right about this and i guess most stock traders arent bitcoin investors ,so most might still be considering their investment in bitcoin before buying shares

 

[SCAMEXPOSER]

Are you saying that people make 400$ on Bitcoin everyday on Bitcoin investment or through sports betting because the price of bitcoins doesn't appreciate everyday.

I didn't mean sport trading but binance Spot trading where you can easily do buy and selling of coins as their prices rise . Buy low and sell high.