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❓ASK Did Tesla provide a buying opportunity for crypto?

AudraMiller

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with teh withdrawal of crypto acceptance at Telsa there is no doubt that this did have an impact on teh market, with the price of many crypto coins taking a nose dive and there being price reductions by over 15% over the last 24 hours. However, this retraction by Tesla could actually be a blessing in disguise with this drop in price actually providing a great opportunity for many investors to buy the dip and to increase their investment. What do you think about this? Do you think that buying this dip will result in a more stable market?
 
Those who bought the dip would thank Tesla, right? I think it was a good opportunity to buy bitcoin at such price which may not happen again anytime soon.

Yeah, we should look for positives in every situation, let's hope Musk will hold with his tweets and situation with be up and going.
 
It provided opportunity for people to buy the dip ,but it stil dips further ,i really wish and hope bitcoin price could start moving high on a high note
 
Those who bought the dip would thank Tesla, right? I think it was a good opportunity to buy bitcoin at such price which may not happen again anytime soon.
Apart from the dip they bought , many people lose a lot of money as many accounts were liquidated it wasnt easy for crypto traders then i think
 
Apart from the dip they bought , many people lose a lot of money as many accounts were liquidated it wasnt easy for crypto traders then i think
Yeah! !any suffered losses because they never expected such a huge correction. Even hodlers would have seen how drastically the value of their portfolios reduced.
 
Yeah! !any suffered losses because they never expected such a huge correction. Even hodlers would have seen how drastically the value of their portfolios reduced.
Yeah many portfolio was down , just imagine those that bought at that rate of $61k , their portfolio would be really down and their loss would be much if the sell
 
Yeah many portfolio was down , just imagine those that bought at that rate of $61k , their portfolio would be really down and their loss would be much if the sell
I csn imagine the high loss that had bought that high. If the price never goes above that then definitely they will be selling at a very huge loss which is one bad side with Bitcoin
 
I csn imagine the high loss that had bought that high. If the price never goes above that then definitely they will be selling at a very huge loss which is one bad side with Bitcoin
That's why it's best to manage the risk properly , because Bitcoin could be affected by so many factors and many things needs to be checkmated before you trae
 
I csn imagine the high loss that had bought that high. If the price never goes above that then definitely they will be selling at a very huge loss which is one bad side with Bitcoin
The thing with bitcoin however is that the price will almost certainly rise given the right time frame and therefore if they have patience they can still see a good profit.
 
That's why it's best to manage the risk properly , because Bitcoin could be affected by so many factors and many things needs to be checkmated before you trae
I hope people come to realize this overtime because it can be frustrating running into a loss and a huge one at that. Managing risk when it comes to Investment is very important
 
I hope people come to realize this overtime because it can be frustrating running into a loss and a huge one at that. Managing risk when it comes to Investment is very important
There would be a time when the losses are way too much that the person would need to consult a mentor that would put in through in the business to reduce the amount of loss
 
There would be a time when the losses are way too much that the person would need to consult a mentor that would put in through in the business to reduce the amount of loss
Then there's no need doing things the wrong way it would have been taking this lessons first before indulging in the business. Get a mentor know everything before investing
 
Then there's no need doing things the wrong way it would have been taking this lessons first before indulging in the business. Get a mentor know everything before investing
That's the mistake many make ,they need to first learn the lesson first ,before thinking if even carrying out any trade , so they would not make any loss
 
That's the mistake many make ,they need to first learn the lesson first ,before thinking if even carrying out any trade , so they would not make any loss
This is how it should be get all the information you need to help you make gains from your trades. For me crypto investment is like stock investment you need to be careful
 
This is how it should be get all the information you need to help you make gains from your trades. For me crypto investment is like stock investment you need to be careful
I completely agree with you. If you look at investing in cryptocurrency however i think that the risk involved is considerably higher than a stock market investment.
 
I think I had read sometime this year that Tesla cars will be accepting Bitcoin for payments. However, I had also read lately that Tesla is struggling in fulfilling the orders. Maybe there is a production problem in Tesla. Anyway, if the owner had bought a billion dollar worth of Bitcoin then maybe he is fond of Bitcoin.
 
I think I had read sometime this year that Tesla cars will be accepting Bitcoin for payments. However, I had also read lately that Tesla is struggling in fulfilling the orders. Maybe there is a production problem in Tesla. Anyway, if the owner had bought a billion dollar worth of Bitcoin then maybe he is fond of Bitcoin.
They are now accepting bitcoin for payments and this could have increased the number of potential buyers as well whcih could be the cause of the major backlog in their cars.
 

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