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❕NEWS Tesla sold $ 272 million worth of Bitcoin

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aryan4

aryan4

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It was officially announced that Tesla made the sale of Bitcoin. As it is known, Tesla bought a $ 1.5 billion Bitcoin. It was announced that the amount of sales made was around 10% of this amount. It has been reported that the financial value of the Bitcoins sold is $ 272 million.
What do you think about this sales move of Tesla company?
 
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Yes, she did not sell all of what she bought, but still made a sale. In the following days, we will watch and see if it makes sales again.
 
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Its best they start taking the profit gradually and dont be too greedy because they obviously don't know the next movement in the price of bitcoin
 
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aryan4 said:
It was officially announced that Tesla made the sale of Bitcoin. As it is known, Tesla bought a $ 1.5 billion Bitcoin. It was announced that the amount of sales made was around 10% of this amount. It has been reported that the financial value of the Bitcoins sold is $ 272 million.
What do you think about this sales move of Tesla company?
Click to expand...
I believe that this sale has something that prompted it . Tesla is a big firm that don't necessarily need to take out little profit from their investment. Perhaps there is Financial challenges
 
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Yeah, i saw the news. Elon Musk tweets about it. Tesla sold a portion of its holding. But Elon Musk also said that only Tesla sold its holding, the holding of himself remain the same before.
 
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sh199 said:
Yeah, i saw the news. Elon Musk tweets about it. Tesla sold a portion of its holding. But Elon Musk also said that only Tesla sold its holding, the holding of himself remain the same before.
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Well , the good news here is that Elon musk who was a one time disbeliever of bitcoin investment is now a full believer of this wonderful Investment
 
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Josemendez said:
Well , the good news here is that Elon musk who was a one time disbeliever of bitcoin investment is now a full believer of this wonderful Investment
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Now, big tech giants also leaning towards crypto. They all believed that crypto will be a future currency. Hopes, these kinds of movement will increase the price of bitcoin.
 
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sh199 said:
Now, big tech giants also leaning towards crypto. They all believed that crypto will be a future currency. Hopes, these kinds of movement will increase the price of bitcoin.
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Well over the past few weeks we have expected the price of bitcoin to rise due to high adoption by institutions but it seems that it is not yet time for bitcoin rise.
 
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The price of bitcoin has really been flauctuating unexpectedly because in the early part of this year it do have significant surge before a dip but that's not the case now.
 
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Tesla purchases had a good effect at the time. The statements made by Elon afterwards are unpleasant. Now it can be said that it affects the markets negatively. They say they didn't sell the other BTC they had, but I hope they did.
 
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aryan4 said:
Tesla purchases had a good effect at the time. The statements made by Elon afterwards are unpleasant. Now it can be said that it affects the markets negatively. They say they didn't sell the other BTC they had, but I hope they did.
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If they do I am sure the price of Bitcoin would have been reduced more what it is and I hope he doesn't sell now but wait for a pump in the market after recovery.
 
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aryan4 said:
Tesla purchases had a good effect at the time. The statements made by Elon afterwards are unpleasant. Now it can be said that it affects the markets negatively. They say they didn't sell the other BTC they had, but I hope they did.
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Yeah, you can say that they manipulated the market with that, and would probably continue to do so, we can also concur from the event that the whales in the market can still affect the market by a large degree
 
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Whales are the determinant factor for the price of coins in the market except for developers that sometimes burn their coins to reduce supply but if pannic sales are reduce it will be better.
 
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such things are crashing the markets badly , crypto is giving shocks to newly invested people , its not a children game , its full of risks , i better and always play with fiat usd to remain secure of my asset holdings
 
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Henrytuedor said:
such things are crashing the markets badly , crypto is giving shocks to newly invested people , its not a children game , its full of risks , i better and always play with fiat usd to remain secure of my asset holdings
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Sure anyone who does do the risk analysis of Crypto currencies and join the trend with the full intention of money making only may leave to regret it.
 
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Henrytuedor said:
such things are crashing the markets badly , crypto is giving shocks to newly invested people , its not a children game , its full of risks , i better and always play with fiat usd to remain secure of my asset holdings
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Well that's the fun for others and traders, volatility is fun for them because they get profit, it's like gambling in a way, and for some it's just normal as it is supply and demand
 
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aryan4 said:
Tesla purchases had a good effect at the time. The statements made by Elon afterwards are unpleasant. Now it can be said that it affects the markets negatively. They say they didn't sell the other BTC they had, but I hope they did.
Click to expand...
I thought I was the only one who wanted to rid the crypto space of Elon Musk's investments. At least the fear would lessen after the market recovers because his manipulation would drastically reduce especially on bitcoin.
 
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Personally I think if bitcoin has little influence over other coins in the market will be better off so that the whales won't be remoting the market through bitcoin.
 
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aryan4 said:
It was officially announced that Tesla made the sale of Bitcoin. As it is known, Tesla bought a $ 1.5 billion Bitcoin. It was announced that the amount of sales made was around 10% of this amount. It has been reported that the financial value of the Bitcoins sold is $ 272 million.
What do you think about this sales move of Tesla company?
Click to expand...
It may sold out the btc and you ser elon musk lost its place for being the primary richest guy positions in the world, but who knows what the strategy for making such pave is... i believe he is going to launch a tornado by this
 
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