Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❓ASK Tesla's Bitcoin investment has already yielded major profits

AudraMiller

Sapphire Member
LV
0
 
Joined
Sep 24, 2020
Messages
7,707
Reaction score
170
Points
150
Awards
1
BMF Points
$4,888
Rating - 100%
2   0   1
One of the major news stories when it comes to cryptocurrency and bitcoin purchase has been the purchase of Bitcoin by the Tesla company which is run by Elon Musk. There was a substantial investment made by Tesla into Bitcoin and this is what has increased the price quite substantially over the last few weeks as well because in my opinion it shows a confidence that these large companies have within the cryptocurrency field. A recent article has shown that the Investment made by Tesla into bitcoin has already profited them around 1 billion dollars. This is in profit alone. Therefore the movement to invest in Bitcoin was certainly a good one from the company standpoint.
 
Did I just read 1 billion dollars profit? No wonder he has gotten back his position from Jeff. This is just too much. I need to make this money someday. Congrats to him
 
I can't help but wonder if there is a whale cashing out on his profits that is bringing bitcoin back to below $50k or maybe just a correction in price.
There was a cash out if I'm to go by yesterday report I read here and the poster wrote that's why there's a low in the price of BTC. So let's just hope that there will be more deposit for it to rise again
 
I can't help but wonder if there is a whale cashing out on his profits that is bringing bitcoin back to below $50k or maybe just a correction in price.
A cash out by a whale is not uncommon to show the price decreasing. From what i have seen in the recent months, there has been a lot of movement on whales moving funds to exchanges, showing a possible sell off rather than them holding it in their wallets.
 
think they withdraw some amount of bitcoin during this period , but am not sure if they ae still in profit and now that bitcoin price is moving very low quickly , i hope they regain more profit
 
Tesla made lots of money from the bitcoin investment and I am very surprised when the company dumped bitcoin at the middle of the road. Tesla was making a huge in its bitcoin investment. The Americans and El Salvador came to the rescue.
They actually sold a lot of Bitcoin at the stage when the price was in a huge rise ,and made somer profit although ,even if they have sold some before ,I think they are already in profit ,I hope more adoption is done by elsavador and big countries because they are the ones to infulence cryptocurrency community
 
Technically, Elon Musk really knows how to use crypto and he's proving it. Fortunately for him, the result is showing. Before it was Dogecoin that he was promoting and using, now he's into Bitcoin. No wonder, entrepreneur like Mark Zuckerberg has already focused more of his attention on crypto.
 
Tesla's owner Elon Musk is a threat to cryptocurrency. He is using his status to hyper Dogecoin and many crypto lovers lose their coins when the coins plummeted. I believe Elon Musk is one of the big boys that use to pump and dumb crypto.
Due to Elon Musk hyper twitter, I bought Dogecoin which have nearly crumbled to unimaginable low. When I saw his name on any news, I instinctively know he is out to swallow some gullible.
 
Tesla's owner Elon Musk is a threat to cryptocurrency. He is using his status to hyper Dogecoin and many crypto lovers lose their coins when the coins plummeted. I believe Elon Musk is one of the big boys that use to pump and dumb crypto.
Due to Elon Musk hyper twitter, I bought Dogecoin which have nearly crumbled to unimaginable low. When I saw his name on any news, I instinctively know he is out to swallow some gullible.
It's suprising to see how many are actually investing then because of the way he uses his influenced to promote dogecoin , I think not until things changed otherwise , although I think his influence isn't that high again ,he can't influence the market so much like he used to before
 
Tesla's owner Elon Musk is a threat to cryptocurrency. He is using his status to hyper Dogecoin and many crypto lovers lose their coins when the coins plummeted. I believe Elon Musk is one of the big boys that use to pump and dumb crypto.
Due to Elon Musk hyper twitter, I bought Dogecoin which have nearly crumbled to unimaginable low. When I saw his name on any news, I instinctively know he is out to swallow some gullible.
That's why I always advice people to know when to enter into crypto market and as well never buy a coin that needs external influencer before it can be promoted. Dogecoin has been introduced since 2013. Why will I go for it when it only came into limelight in 2021 due to the help of an influencer?
 
That's why I always advice people to know when to enter into crypto market and as well never buy a coin that needs external influencer before it can be promoted. Dogecoin has been introduced since 2013. Why will I go for it when it only came into limelight in 2021 due to the help of an influencer?
Well I think that's why at times its not good to invest in something push by only one person , because when the person obviously slows down and don't promote it like before ,the coin would also slow down ,since people are investing because of the person , people should invest with their willingness not these short hype
 
Wow, that is such a high amount of profit garnered by the company. It is awesome when big companies like this put their trust in crypto currencies. It pushes many people to adopt them too.

These companies experience high profits because they invest highly into them. Showing others that it is always great to have a high amount of capital for investment, though you can start with the little you have.
 
Wow, that is such a high amount of profit garnered by the company. It is awesome when big companies like this put their trust in crypto currencies. It pushes many people to adopt them too.

These companies experience high profits because they invest highly into them. Showing others that it is always great to have a high amount of capital for investment, though you can start with the little you have.
Although most times its not good for the small investors to invest with the way they are investing or the Time they are investing , most of these big institutions have the way they would actually run risk management that they won't be really affected by any huge fall in price and others ,
 
Tesla's owner Elon Musk is a threat to cryptocurrency. He is using his status to hyper Dogecoin and many crypto lovers lose their coins when the coins plummeted. I believe Elon Musk is one of the big boys that use to pump and dumb crypto.
Due to Elon Musk hyper twitter, I bought Dogecoin which have nearly crumbled to unimaginable low. When I saw his name on any news, I instinctively know he is out to swallow some gullible.
And to be honest it's bad for everyone while to some it may seem like he is helping the growth of crypto currency in the eyes of the governments it just means crypto currency can be manipulated by just even one person .. it shouldn't happen like that but because he's a whale with massive influence and good reputation when it comes to money..
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.