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[Josemendez]

Ever since Tesla acquire about $1 billion bitcoin , the price of Tesla shares have fallen down by 28% . Investors are crying out to Elon Musk to sell his bitcoin.

Secondly , Microstrategy have seen their share fall up to 50% with their last investment in bitcoin .

Considering the pressure on Tesla and the fall on microstrategy shares . I think one ,if not the two companies will soon sell their bitcoin ,and this will surely cause a fall. What is your take on this ?

 

[Wisdom01]

I don't think they would sell yet because that would be a loss for them , i think they are actually holding for the future to make more profit and not for short term i think

 

[BullyMaguire]

No, I don't think they will sell. First they are not some small investors they are a whole company.second before they even invested on Bitcoin im sure they already studied and have known that this will happen.. which means they are into a long term plan. Third they wouldn't be that wealthy if they have paperhands

 

[Josemendez]

Why would Tesla or any big company buy bitcoin just to sell it,when they initially just bought the coin for investing to earn more in a specified period.

They never bought the Bitcoin to sell it . The point is that some of the shareholders are selling their shares because they don't like the idea of bitcoin being integrated into the Tesla sheet

 

[BullyMaguire]

They never bought the Bitcoin to sell it . The point is that some of the shareholders are selling their shares because they don't like the idea of bitcoin being integrated into the Tesla sheet

Don't think the effects would last long though since if the bitcoin run another bullish they would probably sell. Or even if it's not im sure they have some plans ready for that

 

[Josemendez]

Don't think the effects would last long though since if the bitcoin run another bullish they would probably sell. Or even if it's not im sure they have some plans ready for that

For the fact that microstrategy who have made massive gain from bitcoin is yet to sell their bitcoin , am confident that Tesla won't be selling his own soon

 

[BullyMaguire]

For the fact that microstrategy who have made massive gain from bitcoin is yet to sell their bitcoin , am confident that Tesla won't be selling his own soon

Yeah and elon have a good amount of influence on people that can make a difference.. which means he can atleast avoid loses and save himself if anything happens

 

[Josemendez]

I don't think this will be happening anytime soon. Not at least when for the time when they manage to pull off major profits. Afte that who knows, they could sell.

The profit was really made through bitcoin ,but the company's share value is falling heavily and it is a call for concern . Their investors are quite worried

 

[aryan4]

I think there is an anxiety or something like that. I am not commenting on the rise or fall of bitcoin, but I think Tesla will not sell bitcoin assets right away.

 

[Joy101]

I don't think it will because most companies used bitcoin for their transaction, I think the effect will last long because they make profit from it, so don't think this will happen soon.

 

[Niftyicon]

For the fact that microstrategy who have made massive gain from bitcoin is yet to sell their bitcoin , am confident that Tesla won't be selling his own soon

I wouldn't expect any less from Tesla. I don't really expect them to sell anytime soon especially when there is still more profits to be made.

 

[Kunkun]

Selling now would mean loss for them and the goal of every investments being for profits, it's highly unlike they sell of their coins now

 

[achawaskey]

I don't think either Elon or Tesla would want to sell its bitcoin because of losing 28% of its shares. These guys are business men and they know how the market works. Those bitcoin were bought for future use.

 

[Josemendez]

Oh, okay. I get your point now, what better way to prove a point than sell your shares to make that point clear, but a company like Tesla would have customer who would gladly buy it's share whatever the case.

The thing here is that Tesla investors believes that Introducing bitcoin which is very volatile in Tesla will affect the price of Tesla shares. They decided to sell out now ,before more loss

 

[Niftyicon]

I don't think either Elon or Tesla would want to sell its bitcoin because of losing 28% of its shares. These guys are business men and they know how the market works. Those bitcoin were bought for future use.

I agree. There should be a way forward for them that does not include selling their bitcoin so soon because it would be like losing in two ways.

 

[GoldenLady]

In my opinion, both Microstrategy and Tesla should have been ready for this occurrence when they were investing in bitcoin.
Now it's to to see how steadfast they can be. Their decision can have a massive impact on the cryptocurrency market.

 

[Josemendez]

In my opinion, both Microstrategy and Tesla should have been ready for this occurrence when they were investing in bitcoin.
Now it's to to see how steadfast they can be. Their decision can have a massive impact on the cryptocurrency market.

If any of these top Institutional investors should sell their bitcoin , then the price of bitcoin will drop drastically , and people may lose money.

 

[GoldenLady]

If any of these top Institutional investors should sell their bitcoin , then the price of bitcoin will drop drastically , and people may lose money.

This means small and medium capital investors should be ready and should decide how they want to play the game.

Is it to HODL, or to dump with the whales?

 

[Josemendez]

This means small and medium capital investors should be ready and should decide how they want to play the game.

Is it to HODL, or to dump with the whales?

Well , I think they should holdl buy then they should also pay attention to the situation of things in crypto world in other to know when to sell

 

[GoldenLady]

Well , I think they should holdl buy then they should also pay attention to the situation of things in crypto world in other to know when to sell

I firmly believe it would be a mistake to sell of any bitcoin one has, no matter how bad the dump is. Only if one is smart enough to take profits at the new ATH, and then buy the dip would that be a good strategy.